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How an electronic bookstore boosted conversion rates by 22% with fine-tuned retargeting for mobile apps

There are 32,000 free books in the LitRes library, and users can read or listen to up to 20% of any eBook or audio book for free. To lead LitRes users to their first purchase and increase the frequency of their purchases, LitRes used the GetLoyal mobile retargeting platform for retargeting in the Yandex Advertising Network.

LitRes — eBook store
Case results
67%
67%
CR for reattribution
22%
22%
CR for purchase
Client
LitRes — eBook store, litres.ru
Facts & figures
2005 founded, 875K eBooks in Russian and other languages. 4K new eBooks each month, 1.5M eBooks downloaded each month
Representative
Andrey Leonov Head of mobile promotion

Goals

  1. Bring users back to the app
  2. Maintain set CPO
  3. Convert users into content purchasers

Tools used

  • Getloyal — mobile retargeting platform
  • Yandex.Audience
  • Yandex.Direct / Ads for Mobile ads

Period May — June 2018 (8 weeks)

Successful apps should offer functions free of charge and have a large base of satisfied users who make purchases less often that they could

The LitRes library features 32 000 free eBooks, and offers up to 20% of a given eBook or audiobook free of charge.

A portion of LitRes users forget about the app about a month after downloading it.

Regular tasks involved in the process of promoting a mobile app include:

  • Reactivate users who stopped using the app
  • Motivate users to make their first purchase
  • Increase the frequency of purchases

Step 1: Getloyal creates segments of promising users

A test segment of “promising” users consisted of users who made purchases and users with items in the cart but no purchases

Getloyal is the first automated system in Russia for retargeting mobile app users. Getloyal reactivates users via ads for mobile apps (from Yandex.Direct) in the Yandex Advertising Network.

Step 2: Yandex.Audience finds these users

Yandex.Audience found the anonymized IDs of 2/3 of the users in the “promising” segment

Retargeting for mobile apps usually involves user IDs (IDFA, GAID). Yandex.Audience matched user IDs with anonymized profiles with Yandex user IDs. Doing so made it possible to target these users both with in-app and mobile web ads, where cookies are used.

Step 3: Ads for mobile ads in YAN for the segment

Popular in-app YAN placements with high conversions

Ads appeared in the Yandex Advertising Network (YAN) for the selected audience segment. The average conversion rate (for reattribution) for mobile users was 67%. This conversion rate was the second best in comparison with similar in-app.

Placements in the Mail, Weather, Browser and Alice apps showed the best results.

Popular mobile web sites in the Yandex Advertising Network

Yandex.Audience finds users not only in-app, but also in the mobile web.

Some of these mobile sites in the YAN with high conversions like ntv.ru, ZEN, ria.ru, wi-fi.ru, mk.ru had previously never shown retargeting ads for the LitRes apps.

Results

Yandex.Direct brought 6.3% of all reattributions over 8 weeks

The most popular format for mobile retargeting, the 300×250 banner, was more effective than text ads.

High conversion rates from reattribution to purchases

67% of clicks from Yandex.Direct converted to reattribution — meaning that Yandex.Direct was the second most effective advertising system that LitRes used.

At the same time, the final CPO in Yandex.Direct was close to the average CPO at the account level (for all advertising systems). It was significantly lower than one of the other advertising systems thanks to its high conversion rates for purchases: 22%.

Andrey Leonov
Andrey Leonov
Head of mobile promotion
At LitRes is always looking for new points of growth for our apps and sites where we can come into contact with users. The Getloyal team helped us cover not just Russian in-app, but also high-quality mobile web sites in the Yandex Advertising Network. The results speak for themselves — we are satisfied with our expansion.
Alexander Yusupov
Alexander Yusupov
Head of purchasing, Getloyal
Ads for mobile apps in YAN offer the best conversion rates in comparison to similar in-app sources, and make it possible to retarget on the mobile web with strong results — 67% of clicks for reattribution. Ads appear on high-quality, even exclusive, sites and show good CPO and CR for purchases.
How an electronic bookstore boosted conversion rates by 22% with fine-tuned retargeting for mobile apps
How an electronic bookstore boosted conversion rates by 22% with fine-tuned retargeting for mobile apps
Presentation
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Case prepared in collaboration with Getloyal

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