What is our primary use case?
As a growth marketer, product analytics tools like
Amplitude are a powerful weapon for marketers, allowing us to see all user funnels from acquisition to churn and retention. It was really easy to find the whole user's behavior from start to finish.
As a marketer, the constant question is how we make our customers buy something, or if they already buy something, how can we encourage them to buy more again? We could make some cohorts with Amplitude and then see the patterns and the similarity of the users who are willing to buy our products, which could be really helpful to develop new marketing strategies aimed at those kinds of similar cohorts for our potential users.
That was my main use case with Amplitude.
What is most valuable?
The best features Amplitude offers are the cohort features, because it gathers all the data of all the single users who visit our websites or application, and then they can automatically make some cohorts in ways we couldn't imagine. This allows us to make really good decisions that would have been difficult without Amplitude.
I liked the automatic grouping of the cohort features, and we can classify all those features and then organize them really easily, allowing us to see and understand all the similarities and features of those automatically made cohorts.
Recently, I am not using Amplitude anymore in my actual work field, but I had a chance to use the current demo version, and its newly added AI feature looks really cool and convenient.
When I was using Amplitude, it really helped our decision-making, not only in marketing but also in terms of the product, and the websites and application as well, because Amplitude's key feature gathers and analyzes the reports of user behavior. We can easily find all the similarities and the keys to success or failure through those reports, making it really useful.
When I heavily used Amplitude while being in charge of CRM marketing, I couldn't share exact numbers but I wanted to see the patterns of users who came back when they churned from our websites. For example, the cohort who bought a specific category of products or who disconnected after a year, after seeing our reactivation campaign, tended to be more likely to come back to our service. Based on proof submitted by Amplitude, we could create new CRM campaigns, which were really highly effective.
What needs improvement?
Amplitude and all SaaS software nowadays need to improve their AI feature to keep up with competitors, and my experience with the demo showed it looks cool but needs enhancement.
For how long have I used the solution?
I used Amplitude for around two years, but not anymore.
What do I think about the stability of the solution?
Amplitude is really stable.
What do I think about the scalability of the solution?
Amplitude's scalability is definitely good, as it can handle big data even if it needs some time to load the proper reports or dashboards, but it doesn't have any data sampling like
Google Analytics, making the data reliable and satisfying.
How are customer service and support?
The customer support was really good, with the CSM being ready for action almost 24/7, making it really satisfying.
Which solution did I use previously and why did I switch?
It was the first time using Amplitude.
What was our ROI?
I didn't see a proper return on investment in terms of money, but thanks to the Amplitude dashboard, we could access all the proper data. Regardless of which team or which part, all teams' decision-making became based on the data extracted by Amplitude, which contributed to a positive data-driven cultural movement.
What's my experience with pricing, setup cost, and licensing?
There was a little bit of a problem with pricing since the price of Amplitude was really expensive, and although its features and functionality are powerful, making it worth it, it could be a huge obstacle for startups or those not making lots of money. Moreover, implementing Amplitude also required a lot of resources for installation and making a data taxonomy.
Which other solutions did I evaluate?
We also evaluated another option which was
Mixpanel.
What other advice do I have?
There are currently really good product analytics tools, and some are free, but if you want to analyze and see really proper data, especially as a CEO wanting to encounter the truth of your own data, I highly recommend using Amplitude regardless of the cost; it's powerful, stable, and has been approved by many companies worldwide. I gave this product a rating of nine out of ten.
Which deployment model are you using for this solution?
Private Cloud
If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?