Why can blended retention stay flat while a market is getting worse?
Blended retention is a weighted average of segments. If one segment deteriorates while another improves, or the mix shifts toward a stronger segment, the average can stay put. The movement that matters for the next budget decision is hidden inside it.
What is the difference between a mix effect and a rate effect?
The rate effect is the change caused by segments retaining better or worse at constant shares. The mix effect is the change caused by segment shares moving at constant retention. Together they add up to the total change in the blended number.
Which segments should I split by?
Split by whatever receives the next decision: country or tier if the next UA dollar goes to a market, source or creative if it goes to a channel, platform or app version if the decision is technical. The MMP is usually where these splits live.
Does this work for ARPDAU or ROAS too?
Yes. Any blended ratio can be decomposed the same way; enter the metric values in the retention fields and the shares of the relevant base.