Driving Increased ROAS for a Tech Industry Leader
- Eythan Savitzky
- Mar 5, 2024
- 2 min read
The Challenge: A fast-growing tech company was struggling to scale its digital marketing efforts effectively. Despite having an innovative product and a strong brand presence, their advertising campaigns were not yielding the desired return on ad spend (ROAS). They were facing increased competition from other industry players who were more aggressive with their marketing tactics. As a result, their cost per acquisition (CPA) was high, and their lead generation efforts were inconsistent.
Our Approach: At ClickPhD, we take a unique, data-driven approach to digital marketing, and this case was no different. Our strategy involved a comprehensive audit of the client's existing campaigns, followed by a deep dive into their competitors' advertising tactics. By analyzing what the competition was doing, we identified several key gaps in our client’s campaigns and opportunities for improvement.
Custom Campaign Optimization: We restructured their Google Ads and PPC campaigns to better align with their target audience. This included revamping their keyword strategy to focus on more relevant, high-intent keywords and implementing negative keywords to reduce wasted spend.
Audience Segmentation: We leveraged advanced audience segmentation tools to target specific buyer personas within the tech space, focusing on decision-makers and influencers in the industry. This personalized approach helped us deliver more tailored messaging that resonated with each audience segment.
Competitor Analysis: Our team conducted a thorough competitive analysis to uncover what their top competitors were doing to dominate the market. We noticed that while their competitors had strong branding, they lacked personalization and failed to address niche customer needs. We capitalized on this gap by crafting compelling ad copy and creative that spoke directly to those underserved segments.
A/B Testing and Data-Driven Adjustments: To ensure ongoing improvement, we implemented rigorous A/B testing for ad creatives, landing pages, and call-to-action strategies. This allowed us to quickly identify which elements were driving the best results and optimize in real-time.
The Results: By leveraging our full-stack digital marketing expertise and unique approach to filling in the gaps left by competitors, we were able to increase the client’s ROAS by 45% within the first three months. We also reduced their CPA by 30%, all while increasing overall lead volume by 20%. The client’s marketing spend was optimized, allowing them to stretch their budget further and allocate resources to new growth areas.
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