๐ Analyzing Our CoinGecko Ads Campaign: Key Takeaways and Performance Metricsย
At Trilokana Marketing, we recently ran a banner ad campaign on CoinGecko, one of the worldโs most visited cryptocurrency data aggregators. The goal was to generate brand awareness and direct traffic to our crypto offering using banner creatives across different formats and placements. Here’s a breakdown of the performance and what we learned.ย
๐ฏ Campaign Overviewย
The campaign involved four banner placements:ย
- 320x50_Banner 1ย
- 728x90_Banner 1ย
- 320x50_Banner 2ย
- 728x90_Banner 2ย
Across these, we achieved a total of 40,960 impressions, 52 clicks, and a cumulative spend of $328 at a flat CPM rate of $8. This yielded an average CTR (Click-Through Rate) of 0.13%, which is decent for crypto banners, especially in a niche market with high ad saturation.ย
๐ Banner Performance Breakdownย
- Banner 2 (320×50) was the top performer with:ย
- 25,997 impressionsย
- 37 clicksย
- CTR of 0.14%ย
- This unit alone contributed 71% of total clicks, making it the campaign’s most efficient creative in terms of both reach and engagement.ย
- Banner 2 (728×90) had the highest CTR at 0.26%, though with a smaller impression base (766 impressions and 2 clicks). This suggests that even in limited placements, the design or messaging of this banner resonated better.ย
- Banner 1 formats, on the other hand, underperformed:ย
- The 320×50 version garnered 12 clicks with a CTR of 0.09%.ย
- The 728×90 version, while showing a slightly better CTR (0.16%), only registered 1 click due to its limited reach.ย
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๐ What the Data Tells Usย
- Creative matters: Banner 2 in both sizes outperformed Banner 1 in every metric. This could point to better design, clearer CTA, or a more compelling message. Creative optimization is clearly a key lever.ย
- Size vs. Performance: Interestingly, smaller banners (320×50) contributed the bulk of impressions and clicks. These formats are more commonly shown on mobile and embedded placements, indicating the importance of optimizing for mobile-first users in crypto.ย
- CTR Variance: While the average CTR is 0.13%, certain banners surpassed 0.25%, which is strong for crypto ad standards. This validates the importance of continuous A/B testing with slight variations.ย
- Flat CPM efficiency: With a fixed $8 CPM, the cost-per-click (CPC) across the campaign averages $6.31. While this is on the higher side for general display, it’s fairly standard for premium crypto platforms like CoinGecko.ย
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๐ง Opportunities for Optimizationย
- Double down on high-performing creatives: Scaling Banner 2 with increased budgets and small copy/design tweaks could improve CTR and lower CPC.ย
- Introduce animated or interactive banners: Static banners may have limited attention-grabbing power.ย
- Experiment with additional geos or retargeting: Combining display with remarketing might improve conversion quality and user engagement.ย
- Test offer messaging: Including limited-time offers, bonuses, or token rewards could push CTR even higher.ย
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๐ง Final Thoughtsย
The CoinGecko campaign validated that crypto audiences do engage with well-designed banner ads, even on static formats. Although CTR is only one piece of the puzzle, our campaign performance shows promise, especially for brands with strong visuals and value-driven messaging.ย
As with all Web3 and crypto marketing, the key is continuous testing, creative innovation, and data-led optimization.ย