The definition of user engagement varies from product to product
For example, for a bookkeeping app, an effective user should be logged in every day to add his new income or spending. For an operator’s app, an effective user may be logging in once a month, charging a fee, or ordering additional traffic packets. Therefore, user engagement has no uniform quantifiable definition standard, but it is possible to form the standard of vertical industry. For Banks, for example, start times the average of 1.7 times the user is a reasonable value (the value come from Cobub’s long-term observations, Cobub is a domestic open source mobile application of statistical analysis tools).
Engagement is not like page views (PV), visitors (UV), users pay or conversion rate these indicators as easy to measure, not a data statistical analysis tools to directly reflect product user engagement. However, ignoring user engagement is very dangerous.