
We managed to 5X the budget in a short period of time, while lowering the Cost Per Lead
This brand needed to reduce their CPL while scaling up the overall acquisition operation
First, let me introduce myself: my name is Eyal Dror and I am the CEO of Eyal Dror consulting, a Digital Marketing agency that delivers full-cycle digital marketing services with a special focus on performance marketing. We are experienced professionals in B2C services and retail, who have been working for 5+ years.
We have worked with more than 100 companies from various industries that ranged from small startups to Fortune 500 enterprises.
In this case the client turned to us to revise their PPC strategy and Cost per Lead, while increasing the overall budgets spent, and total number of leads delivered.
Our client ran marketing campaigns with Google Ads on behalf of the brand by utilizing their in-house team, delivering very little leads, with higher than the benchmark Cost-per-lead results.
We started by looking at the technical and creative aspects of the marketing funnel:
We surveyed the campaigns' CPC, CTR, Quality score for Keywords etc.
We then moved on to looking at landing pages, creative material they were using, and more.
Finally, we took a look at the pixel setup, reporting and measurement processes and tools.
This gap analysis provided us with the initial plan needed to bring the account up to speed with our benchmarks.
We then outlined Campaigns and topics which had potential and those that were too costly to be considered in the initial round.
Every week, we had a team meeting with the internal marketing dept. to outline new creative assets, evaluate what worked and what didn't, and lay out the plan for the week.
Each step brought us closer to the needed results, and each week, we increased the spending.
The end results: We lowered the CPL by 53%, and increased the overall budget by 5X (and we're still growing!)
We managed to 5X the budget in a short period of time, while lowering the Cost Per Lead
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Company Description
MassPay makes it simple to pay anyone, anywhere, any way they want. Servicing over 150 countries in 50+ currencies, MassPay tailors mass payouts to local preferences with the widest selection of payout methods available.
Challenge
One of MassPay's key value propositions is to help global companies enter emerging markets, particularly where payments can be tricky (e.g. Africa, South East Asia, Latin America). In many of these regions, payees do not have a bank account, or are underbanked.
We are looking to target executive level audiences (CEO, CFO, COO) who are ready to expand their company globally.
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