Automation Anywhere Looks to Take Over the World
What was Automation Anywhere aiming to accomplish? Initially, Automation Anywhere was spending over $1,900 per lead when they began collaborating with us. They needed to boost their lead generation while keeping their existing marketing budget intact. Operating on a global scale, many of their campaigns were replicated and launched across various markets without any customization, and all were only in English.
How We Surpassed Automation Anywhere’s Expectations Over Time
Keen to implement quick improvements, our team initiated a strategy audit. We discovered conflicting goals within their marketing department: increasing lead volume, enhancing impression share, and boosting brand awareness. Automation Anywhere was attempting to address all these objectives with a single campaign set. Recognizing this, we decided to segment the campaigns into groups to address each conflicting goal individually.
Next, we conducted a content audit to leverage existing materials effectively. Identifying what had already been created and determining the best ways to utilize those marketing assets was a crucial step. We then established new landing pages and repurposed existing ones to better align the content with the keywords and phrases Automation Anywhere aimed to target. Relevant content is essential for running successful lead generation campaigns.
After a month of launching and optimizing existing campaigns while integrating some new landing pages, we managed to reduce the cost per lead (CPL) to $983. Originally, the CPL was $1,936.
In the following months, our team focused on improving the account structure, optimizing accounts, refining ad copy (shifting towards more client-oriented, problem-solution messaging and removing feature-focused copy), enhancing landing pages, fine-tuning targeted keyword phrases, and emphasizing lead generation at a lower CPL rather than solely concentrating on position rank (a conversion at position 3 is more cost-effective than one at position 1 in terms of cost-per-click). All these efforts resulted in the CPL dropping to $439.
Eventually, a comprehensive analysis of Automation Anywhere's competitors revealed that our "contact us" form was not competitive. Competitors were offering white papers, third-party reports, and free trials. In response, we developed and launched a free trial offer, which yielded remarkable results. In the final month of this offer, the CPL dropped to $63.
Financial Impact
The financial results of our marketing optimization were significant. At the start of our collaboration, Automation Anywhere was generating around 150 leads per month with a 2% lead-to-customer conversion rate. By the end of our efforts, the company was generating nearly 8,000 leads per month (after increasing the budget) with a conversion rate of 2.5%. This represented a 100-fold increase in new customers compared to their previous marketing strategies.
Marketing Goals Achieved and Exceeded
In addition to boosting new customer acquisitions through digital marketing by 100 times, we also succeeded in achieving other marketing objectives: enhancing brand awareness through diverse marketing tactics raised overall ad impressions by 300%, and focusing on key phrases most likely to drive awareness with a dedicated budget resulted in a 25% increase in overall impression share.