The article presents a step-by-step strategy to increase subscription revenue by 20% for a video streaming service.
Key steps include improving the free trial to paid subscription conversion rate, conducting well-designed A/B tests, and tracking data quality.
A/B tests are crucial to evaluating product changes that aim to enhance conversions, with a recommended sample size of 5,000 users per group for effective testing.
Monitoring data completeness and handling tracking issues, especially for underrepresented user segments like older devices, are essential to ensure reliable results and revenue growth.