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How Cashea turned app downloads into purchases at a 27.46% conversion rate

AMZ Ad Firm rebalanced Cashea's funnel, fixed its tracking and refreshed its creative, reaching a 27.46% download-to-purchase rate on TOFU and a 16.37x ROAS on MOFU.

27.46%
Download-to-purchase rate on TOFU
16.37x
MOFU ROAS, up 187% month over month
$0.03
Lowest BOFU cost per conversion
14.02%
Top creative CTR

01The challenge

Cashea is a Venezuelan financial platform that lets customers buy now and pay in interest-free installments. With over 1.5 million app users in its "Ready to Buy" segment, Cashea partnered with AMZ Ad Firm to drive more first purchases, improve conversion and build long-term retention.

  • →High drop-off: many "Ready to Buy" users never made a first purchase, limiting the app's profitability.
  • →Tracking issues: event tracking problems on Meta and Google led to inconsistent reporting and weaker optimization.
  • →Audience saturation: overinvesting in the middle of the funnel (MOFU) caused audience fatigue, raising costs and lowering results.
  • →Limited targeting: despite strong downloads, new and returning users were not getting tailored messages.

02What we did

  • →Conversion focus: campaigns built to move "Ready to Buy" users to their first purchase.
  • →Funnel balance: shift budget from MOFU to TOFU for a healthier split across TOFU, MOFU and BOFU.
  • →Data accuracy: new tracking solutions to reconcile Meta and Google Analytics data.
  • →Creative: short-form video and testimonial-style ads, featuring popular partner brands to build trust.
  • →Segmentation: tailored messaging by demographic and purchase behavior.

03Results

  • →MOFU reached a 16.37x ROAS, up 187% from the previous month.
  • →TOFU campaigns delivered a 27.46% conversion rate from app download to purchase.
  • →Moving budget to TOFU reduced audience saturation while keeping a steady flow of new users.
  • →BOFU cost per conversion went as low as $0.03, showing efficient retargeting.
  • →The new tracking resolved the gaps between Meta and Google Analytics, enabling more accurate reporting.
  • →Short videos and testimonial ads drove high engagement, with some reaching a 14.02% CTR. Featuring partner brands improved trust and interaction.
  • →Segmented messaging increased retention and repeat purchases.

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