I had a meeting with another Stripe Insider today, dan.massey. Dan, like me, is a published Stripe Apps developer. We had a few issues that should be promoted to the Stripe Apps team. But in this post, I’ll focus on one issue:
- Stripe users’ adoption of Stripe Apps seems to be on the low end.
When I spoke with Dan earlier today, we both had concerns that regular Stripe users weren’t educated on how Stripe Apps could benefit their use case. When I launched the Parcelcrafft Shipping app, I was disappointed on the number of app installs. Considering the use case of our app, we anticipated a runaway success story:
- 70% of all Stripe purchases represent the purchase of a physical good that must be shipped.
- There are millions of Stripe users
- We need 0.001% of Stripe users to be revenue-positive.
- Our app provides the only means to create shipping labels for Stripe’s customer’s orders in the Stripe dashboard (See my shameless self-promotion link at https://www.parcelcraft.com )
We’re offering our app to the public as a free beta, you’d think there’d be a greater awareness and uptake of an app that provides such a critical business function: the automated creation of shipping labels. However, we see low adoption rates and low Stripe-Apps awareness. We have a Google Ads campaign that snags an additional two clicks per day at the cost of $2.39 per click, with a 50% conversion rate. This feels like a failure: the very concept of a Stripe App should be more popular to the public conscious at-large.
The primary question to the Stripe Apps and Stripe Marketing team is this:
- Are regular Stripe users aware of Stripe Apps?
- Does a user find valuable links to recommendations to a specific Stripe App when viewing relevant documentation or a dashboard view?
I can answer: based on my research, using my brother’s very successful Stripe company and his input, the answer is no. He notches in ~$40K a month using Stripe and was unaware of the benefits of any Stripe App, until I built an app specific to his use case…His customers have orders…and he needs to ship those orders.
Dan and I thought that when developing our Stripe App, we’d be on the bleeding edge of apps available to users compared to offerings available in other App Marketplaces/merchants.
But the app installation stats don’t reflect this rosy prediction: We feel blessed when we get a single app installation in a day. As a developer, it’s disheartening, but we both believe there is an untapped potential for greater adoption of Stripe Apps in general.
Stripe Apps was released less than two years ago, and we both feel that the promotion of Stripe Apps as a whole isn’t all it could be.
Some solutions to this issue:
- A direct mail campaign to Stripe Users
- An email marketing campaign with app recommendations tailored to their use case
- In-Stripe dashboard.stripe.com recommendations for apps based on their their URL
- Prominence of Stirpe Apps within the Stripe Dashboard
- Having an Editor’s Picks section within the Stripe Apps listing
- Weaving in-app recommendations into the Stripe documentation when the topic is relevant