Tophatter
Tophatter Expands Audience and Scales with Taboola Data Marketplace
Tophatter Scales when they Reach a New, High-Quality Audience with Taboola
- 3,7% Higher Conversion Rate than all Other Paid Channels
- 4,7% Higher Clicks to Day Zero Purchase than all Other Paid Channels
Company
Tophatter is the world’s fastest, most entertaining marketplace, with live online auctions every minute of the day in a wide variety of categories.
Challenge
Find a channel that would scale visitors and purchases at an increased conversion rate, and a low cost per acquisition (CPA).
Solution
Run campaigns on the Taboola discovery platform using third-party data to drive new audiences at scale.
Results
With Taboola, Tophatter achieved an 3.7% higher conversion rate than all other paid channels, and 4.7% higher clicks to day zero purchase than all other paid channels, or purchases from people who had found them for the first time.
Introduction
Tophatter iis revolutionizing the eCommerce landscape with a one-of-a-kind discovery-based shopping application. Shoppers compete in fleeting, 90-second auctions to win deals for jewelry, electronics, beauty and fashion that’s discounted up to 80 percent and more.
They use smart technology to serve shoppers a unique experience every visit, and deliver the world’s most efficient rapid marketplace. Tophatter connects sellers to over 10 million shoppers across the globe and is based in San Francisco and Shanghai.
Tophatter Tested Creatives and Data Segments with Taboola to Achieve Scale
Tophatter needed to drive both desktop and mobile customers, and they needed to reach an audience that they hadn’t been able to reach before.
They started testing with Taboola—they used more creatives and restructured headlines and images to suit a content discovery audience, running campaigns in France, Australia, New Zealand, Spain, and the UK after finding initial scale in the US.
Working with the Taboola team, Tophatter found headline and image combinations that drove more conversions, and experimented with new audience segments. Taboola’s third-party data segments showed there was an opportunity to target men as well as women, and from there, the campaigns scaled.
Tophatter Increases Conversion Rate and Lowers Acquisition Costs
As they optimized with the Taboola team, Tophatter achieved an 3.7% higher conversion rate than all other paid channels, and 4.7% higher clicks to day zero purchase than all other paid channels—these are purchases from people who came to the Tophatter site for the first time and made a purchase that same day. Tophatter sees value in their Taboola account management team, who helped write headlines and build audience segments for success.
Tophatter is looking to scale more with Taboola, especially in the US market, and plans to scale more in international markets in the near future.