Navigating through the unique challenges of a new account, our team dedicatedly pursued excellence and successfully grew the startup's email list. Initially, the Cost Per Lead (CPL) was higher than expected, challenging us to delve deeper into our strategy. Our analysis revealed that despite the team's opt-in page achieving a remarkable Conversion Rate (CVR) of 78%, there was room for improvement in the advertisement's performance to further enhance engagement and click-through rates.
The turning point was our strategic shift to incorporate low-fidelity Reels in our campaign's creative approach, which led to a significant improvement in our results. This change resulted in a 68% reduction in CPL, bringing it 30% below the industry average. This move not only helped us surpass our initial target of acquiring 3,000 new leads within the budget but also ensured the addition of high-quality prospects to StarterCookie's growing email list.
This case study highlights the the power of adaptability and the impact of strategic pivots in campaign management. By focusing on continuous improvement and the effective identification and addressing of areas for enhancement, we achieved remarkable results that exceeded expectations.