Case Study: Transforming Digital Advertising for a Leading Education Provider
Client Overview
A prominent education provider in Australia, specializing in vocational and higher education programs, collaborated with a professional financial advisory body in Singapore to offer financial education designed to equip professionals with industry-relevant certifications. The organization plays a key role in enhancing industry standards and professional development in the financial sector.
The Challenge
Despite launching two financial education programs in Singapore, the company faced critical obstacles:
Low-Quality Leads: Previous campaigns were attracting unqualified leads, leading to wasted ad spend.
Audience Overlap: Difficulty in segmenting and directing the right audience to the correct program.
Extended Sales Cycle: Prospective students were extensively researching competitors and assessing their financial capacity before committing.
These challenges led to inefficient budget utilization and suboptimal conversion rates.
Goals & Objectives
The company aimed to:
Primary Goal: Drive high-quality leads that convert into program sign-ups.
Secondary Goal: Increase brand awareness and engagement in the Singapore market.
Key Metrics: Lead volume, cost per lead (CPL), click-through rate (CTR), and return on ad spend (ROAS).
Execution & Optimization
Google Ads: Intent-Based Lead Generation
Phase 1: Data Collection & Segmentation
Launched broad match keyword campaigns to identify user search behavior.
Monitored conversion paths and added negative keywords to refine targeting.
Phase 2: Performance Refinement
Shifted from broad match to phrase match, sculpting audience segments.
Introduced Performance Max (PMAX) campaigns, leveraging AI-driven placements for cost efficiency.
Phase 3: Budget Reallocation
PMAX outperformed search ads with lower CPC (SGD 0.40 - 0.90) and higher conversion rates.
Paused underperforming search campaigns and funneled resources into PMAX.
Meta Ads: High-Volume Lead Generation
Advanced audience targeting using interests, behaviors, and employer/job title filters.
Creative testing cycles to optimize ad engagement and conversion.
Consistent lead quality improvement, outperforming Google in CPL and volume.
Results & Performance Metrics
Lead Volume Surge: Meta campaigns consistently outperformed Google in lead generation, especially for HNW courses.
Cost Efficiency: CPL dropped significantly from SGD 281.87 in November to SGD 75.46 in February.
Click-Through Rate (CTR) Growth: Improved from 0.30% to 0.90%, indicating stronger ad relevance.
Budget Optimization: Google search CPC was high, so shifting to PMAX and Meta improved efficiency.
Sustained ROI: The campaign's refined audience targeting and engagement strategies ensured consistent, cost-effective lead acquisition.
Key Takeaways & Future Opportunities
What Worked Best?
Meta Ads Dominance: Meta provided lower CPL, higher lead volume, and better budget predictability.
PMAX Over Traditional Search: PMAX campaigns delivered cost-effective results compared to standard search ads.
Budget Flexibility: Strategic reallocation of budgets ensured maximum ROI.
Challenges Overcome
Google Cost Spikes: Addressed through bid strategy refinements and transition to PMAX.
Audience Overlap: Resolved through meticulous keyword sculpting and negative keyword strategies.
Lead Quality Issues: Improved segmentation and targeting resulted in better conversions.
Future Growth Strategy
Scale Winning Campaigns: Increase ad spend on Meta and PMAX during peak months (January-February).
Creative Experimentation: Continue A/B testing to refine ad messaging and visuals.
Expand Platform Reach: Explore LinkedIn and YouTube for high-intent prospects.
Seasonality Advantage: Maximize campaigns during periods of high student enrollment interest.
Conclusion
Through a data-driven, performance-focused digital advertising strategy, I successfully transformed an inefficient campaign into a highly optimized lead-generation machine. By refining targeting, reallocating budgets, and leveraging automation, I significantly reduced costs while increasing lead quality and volume.
If you're looking for a results-driven digital advertising expert to optimize your ad spend and maximize conversions, let's discuss how I can help your business achieve similar success.