How Binance Global Yearly Installs Increased by 95,000+
- 95,000+ incremental yearly installs
- #1 rank for Custom Product Pages selected keywords
- Client profile:
-
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 230 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features.
- Industry:
- Finance
- Products used:
Challenge
The Binance team was looking to increase download velocity and conversion rates for their high-priority keywords. However, users searching for specific cryptocurrency-related keywords were not converting at the desired rates.
To tackle this challenge, Binance realized that a balanced approach was necessary. They needed to not only keep optimizing their default app store page but also create targeted Custom Product Pages (CPPs) to better cater to specific user searches.
Improving conversion rates through CPPs was also critical to achieving Binance’s goal to increase organic rankings and rank #1 for the app’s key search terms. Without a targeted solution, Binance risked losing valuable traffic and falling behind competitors in the rapidly evolving crypto space.
Solution
To tackle these challenges and offer a more personalized app store experience, the Binance team implemented Custom Product Pages (CPPs) and used AppTweak to lay the groundwork for their strategy.
1. Keyword identification: Using AppTweak’s Keyword Research feature, the Binance team identified high-potential keywords related to cryptocurrency trading that they could target with tailored Custom Product Pages
2. Competitor Analysis: Binance used AppTweak to monitor and analyze their competitors’ CPPs and gain insights into their App Store strategies.
- Live Search: was used to check how Binance’s competitors were ranking and how their listings looked like
- Keyword Research: helped the team at Binance to understand the historical rankings, search, and installs volumes of their competitors
- CPP Explorer: allowed Binance to check whether competitors were running any CPP
3. Building & Localizing CPPs: After gathering insights on AppTweak, Binance’s design team created and localized CPPs tailored to their high-priority keywords.
4. Performance and Visibility Monitoring: Through AppTweak, Binance ran pre-post experiments to monitor the performance of their new CPPs. AppTweak’s Reporting Studio tool was instrumental in checking improvements in rankings and daily installs crossed with fluctuations in search volumes.
Mock-up of some of the Custom Product Pages built by the Binance team
Results
The new approach resulted in an incremental increase of over 95,000 global yearly installs and secured a #1 ranking for selected keywords in nearly all of their 45 targeted markets.
Thanks to AppTweak, Binance can now effectively analyze and track competitors’ strategies, allowing them to stay ahead in a competitive market.
Given the positive results, Binance is now planning to expand the use of CPPs to target more high-priority keywords in the future.
AppTweak has proven to be the ideal companion in Binance’s journey towards a user-focused, highly localized, and value-driven ASO strategy.