How Coinbase Did It: A Teardown of the 2022 Tremendous Bowl QR Code Business

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For many who reside exterior the US, Tremendous Bowl LVI (that’s 56, for these of us who aren’t fluent in roman numerals) occurred yesterday.

In fact, some individuals actually do watch the sport itself…however the actual motive many tune in to the Tremendous Bowl is for the advertisements, which now value no less than $6.5m per 30-second slot. This 12 months, crypto was in every single place, and Coinbase is getting many of the follow-up buzz due to a unusual business that featured nothing greater than a easy, color-shifting QR code bouncing round on a black display.

Whereas the advert itself appears to have confused many viewers (audiences ranked it useless final within the USA TODAY Advert Meter rankings for the sport), the outcomes have nonetheless been enormous for Coinbase: their chief product officer revealed that they noticed over 20M hits on their touchdown web page in only a single minute, and Coinbase has dominated the net techy dialog for the final 24 hours because the advert ran.

QR codes are in every single place at the moment, and that is actually not the primary time a QR code has been used as a part of an app obtain marketing campaign on TV — in actual fact, we’ve seen many comparable examples over the previous 12 months right here at Department. Nonetheless, this was probably the primary time many shoppers within the US have encountered a QR code used this manner, and on the subject of cell apps, not each QR code is created equal.

On this publish, we’re going to take a more in-depth take a look at the Coinbase marketing campaign and see the way it was put collectively.

A step-by-step walkthrough of the Coinbase QR-to-app expertise

To begin with, it’s price noting this advert is actually a product of the COVID period. With out the unbelievable surge in mainstream adoption over the previous two years, which has made scanning a QR code nearly second-nature, this marketing campaign merely wouldn’t have labored.

The Coinbase QR code itself is primary and fully unbranded. That is the type of code that may be generated by just about any QR code instrument, together with something from free on-line companies to open-source python modules.

Let’s see what occurs after we scan it:

The QR code results in https://drops.coinbase.com/?qr, an online touchdown web page with two buttons:

  • Join and get $15.
  • Decide in to win $3M.

There are additionally just a few different analytics scripts embedded within the touchdown web page, together with Amplitude (product analytics) and Fb/Google SDKs (conversion monitoring and retargeting audiences). The latter will probably be useful to Coinbase as they appear to increase the lengthy tail of conversions from this marketing campaign over the subsequent few weeks.

Now, continuing with every of the 2 CTA buttons in flip:

Join and get $15. That is the choice for brand spanking new clients who wish to join and obtain free Bitcoin, clearly Coinbase’s major viewers for this marketing campaign. The URL behind this button is a regular MMP monitoring hyperlink from AppsFlyer, that means it’s primarily designed for monitoring app-to-app set up advertisements, but additionally able to being repurposed to measure different advertising and marketing campaigns like this one.

Clicking the CTA results in the App Retailer. After the person installs and launches the app for the primary time, they’re greeted by an onboarding expertise that references the identical $15 in Bitcoin provide talked about on the net touchdown web page:

Decide in to win $3M. That is the comfort prize for current Coinbase clients. If the Coinbase app is just not put in on the system, this CTA hyperlinks to a different net touchdown web page the place the person can check in to say their spot within the drawing:

If the app is put in, the CTA deep hyperlinks to the sweepstakes entry web page contained in the app:

(There’s additionally a 3rd, edge case state of affairs: if the person is logged out of the app for some motive, they’re taken to the identical $15 provide display that new customers see, they usually should check in earlier than continuing. The Coinbase app seems to overlook the place the person was making an attempt to go on this state of affairs, and brings them to the usual app dashboard after authentication is full. This type of deep linking implementation flaw is — sadly — common, and could be fairly irritating to customers).

What did Coinbase get proper with this QR code marketing campaign?

Aesthetic and design

The aesthetic of Coinbase’s advert drives curiosity, and it’s clearly designed to evoke reminiscences of the outdated bouncing DVD screensaver from 20 years in the past:

It’s additionally cheekly, just like the very first web banner advert from 1994: 

In different phrases, it’s simplistic, radically minimal nearly to the purpose of naïvité, and primarily based on a novelty issue that works a few times (however would put on off rapidly if everybody began doing it).

Customized in-app onboarding expertise

Coinbase carried out a customized onboarding expertise contained in the app for this marketing campaign…although it doesn’t particularly reference the Tremendous Bowl marketing campaign. This lack of continuity may influence conversion charges — extra on that within the subsequent part.

No sudden URL wrapping

QR codes generated with on-line instruments typically wrap the vacation spot URL in a redirect. This may be helpful, as a result of it offers analytics information and the flexibility to edit the QR code after publication…however these instruments typically have sudden limits on the permitted variety of QR code scans.

Even worse, many QR code instruments are merely not prepared for the large spike of visitors generated by main campaigns like this one, and may rapidly turn out to be overloaded at precisely the worst time.

Coinbase managed to keep away from these pitfalls through the use of a plain net URL, however at the price of different advantages (maintain studying!)

The place may Coinbase have carried out issues even higher?

The QR code itself

The QR code Coinbase used is an instance of a ‘dumb QR code’. This implies it factors to a primary net URL…and that’s the solely factor it does. From each UX and information usability views, this was most likely the largest missed alternative of the marketing campaign.

For the UX aspect, there was no have to take current Coinbase customers to the online touchdown web page in any respect — if customers have already got the app put in, they are often despatched straight into it straight from the QR code scan:

Now, it’s doable that Coinbase made the choice to ship current customers by way of this extra step on function, in order that they might use visits to the touchdown web page because the baseline metric for his or her conversion charges, throughout each customers and non-users. Nonetheless, there’s a greater method to implement a person conversion move like this: taking the baseline metric a degree additional up, by way of the hyperlink behind the QR code.

This brings us to the second missed alternative of utilizing a dumb QR code: it has pressured the Coinbase group to make use of a patchwork of various instruments, which implies they are going to probably have incomplete information and might want to sew numbers collectively throughout instruments to know the total image.

A cell linking platform (or MLP, such because the one supplied by Department!) is purpose-built for campaigns like this one, and offers every thing in a single view:

  • Use a Department-generated QR code to trace scans and intelligently route customers to the precise place primarily based on whether or not they have the app put in or not.
  • Embed the Department net SDK into your touchdown web page to trace pageviews and generate deep hyperlinks to your CTAs.
  • Combine the Department cell SDKs to attribute installs, implement customized onboarding conduct, and join down-funnel occasions all the way in which again to the unique QR code.

QR code scannability

Whereas the advert leaves the QR code on the display for nearly all the 60-second spot (loads of time for viewers to drag up their telephones and scan it), the code itself was nonetheless comparatively small. This prompted scanning points for many individuals (TV screens could be arduous for smartphone cameras to deal with).

Infrastructure and capability planning

As soon as this marketing campaign launched, the Coinbase app crashed inside minutes.

(Although it’s price noting that this seems to have been a difficulty with the in-product provide redemption, relatively than any of the plumbing of the advertising and marketing marketing campaign itself).

The QR code was fully unbranded

With most shoppers now acquainted with QR codes, QR code phishing is a rising situation. Usually, an unbranded QR may lead viewers to disregard the chance to scan, as a result of a primary QR is a door to the unknown (and never all the time a wise factor to click on on, given the dangers lurking on the web).

However on this case, the implied security of the high-profile occasion may have helped encourage viewers to see what’s behind that secret door. And with a full minute of display time, many customers may need laughed, paused, and nonetheless had time to scan it earlier than it was gone.

Nonetheless, including even a refined Coinbase emblem to the QR code on this advert would have elevated its credibility, whereas additionally offering the added increase of giving these ‘within the know’ about Coinbase a sense of belonging to the membership.

Not utilizing a Customized Product Web page

Apple launched Customized Product Pages in December, and a large branded marketing campaign like this can be a excellent state of affairs to make use of one.

A Customized Product Web page would have allowed Coinbase to completely customise the App Retailer web page to match the Tremendous Bowl marketing campaign, together with Tremendous Bowl-themed content material or reminders of the $15 bitcoin particular provide, reinforcing once more that the brand new person is heading in the right direction.

Incomplete customized onboarding within the app after obtain

Coinbase carried out customized onboarding for customers from this marketing campaign, which implies these customers acquired a special expertise than normal downloads. This can be a large win, however there are two methods they might have made it even higher:

  • Reference the Tremendous Bowl marketing campaign straight. This would supply continuity and reassure new customers that they’re in the precise place.
  • Keep in mind the particular provide. The Coinbase app doesn’t keep in mind that new customers are within the ‘Tremendous Bowl Particular Supply’ cohort if they don’t join instantly. This implies if the person will get distracted mid-way by way of the method, they lose their $15 provide and obtain solely the usual $5 signup bonus.

How did Coinbase do total, and how will you replicate it to your app?

Although there have been just a few notable alternatives for enchancment, this was a extremely profitable marketing campaign that boosted the Coinbase app from 186th place to 2nd within the App Retailer — in actual fact, the largest draw back for Coinbase is probably going the quantity of customized work their group wanted to do with the intention to duct tape all of the items collectively.

As cell apps turn out to be more and more integral to our lives (and conventional app-to-app set up advertisements proceed to lose efficacy), we’ll nearly actually see extra campaigns like this one. Linking on cell is tough, however the excellent news is you don’t should be a duct tape knowledgeable to realize comparable outcomes: with a cell linking platform like Department, all the items wanted for a marketing campaign like this one can be found off-the-shelf (and particularly optimized for cell apps). When you’d like to speak with our consultants about how one can pull off an out-of-the-box marketing campaign like this one, please get in contact!

Department offers the main cross-platform linking and attribution platform, providing options that unify person expertise and measurement throughout gadgets and channels. Department has been chosen by over 75,000 apps since 2014 together with Adobe, BuzzFeed, Yelp, and plenty of extra, bettering experiences for greater than 3 billion month-to-month customers throughout the globe. Be taught extra about Department or contact gross sales at the moment.