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How Lake B2B Improved Cost-Performance Ratio by 60% for a Prominent Professional Research Recruitment Service Provider in the USA
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The client is a leading provider of market research recruiting services with over four decades of experience in the field. Although located in New York City, the company’s reach spans across local, national, and international markets.
The client had specific target criteria in mind – US Facility managers of large manufacturing companies, namely those that manufacture products for the pharmaceutical, life sciences, FMCG, aerospace, and IT industries. The internal teams had their work cut out for them as they needed to create hyper-personalized campaigns for email and social media, with a particular focus on LinkedIn. The goal was to promote their core competencies – medical and executive recruiting, multi-lingual recruiting, full-service project management, and transcription services.
To meet their lead acquisition goals, the client had to collate a premium leads contact database that was 100% accurate, relevant, and up-to-date with contacts showing genuine interest in their professional recruiting research services.
The client’s sales and marketing teams had compiled a single leads contact database for targeting US facility managers across industrial sectors in hopes of acquiring premium SQLs. However, the KPIs told a different story. The engagement rates on LinkedIn and Facebook groups were low, content engagement rates were also poor, native ads failed to see expected clicks, and even email CTRs and CTORs were far from satisfactory. To make matters worse, all this campaigning came at a heavy price as the CPL was too high.Even general emails inviting recipients to explore more about the client’s usability labs and research facility were not delivered.
Time was ticking fast as the client was losing their competitive edge, despite offering better services than similar providers in the market. This was when the client approached the data-driven marketing experts of Lake B2B to put together a fresh and robust contact database of 500 qualified sales leads.
The primary challenge was to figure out the loopholes in the existing database, fill them up, and collate a brand-new database that retained existing SQLs and included 500 more such prospects. Plus, all this had to be done keeping in mind cost-efficiency. Find out how we built a highly relevant database from the ground up, cleared all the loopholes, and helped the client corner the market in record time.
The client wanted to target all facility managers in the US who were actively seeking full-service professional recruiting research solutions, specifically from the following industrial segments
In the case of IT manufacturing companies, we even provided technographic insights. This helped the client better assess how their services aligned with the tech environment of the company they were targeting.
Lake B2B employed its 15+ years’ experience and data expertise to collate a fresh database comprising 500 brand-new sales-ready leads along with retaining the responsive ones from the client’s existing database, but this time, ensuring a cost-effective approach. All points needed to ensure successful lead generation and brand engagement were ticked off.
As a result of the above practices, the client saw noticeable improvement in their marketing KPIs within the first month. The content engagement rates improved, and so did the ad CTRs. This was especially true in the case of the pharmaceutical industry audiences on LinkedIn, where the CTR was an impressive 2.1%. Moreover, the email CTOR rate was 26%, reassuring that the client’s content was engaging and relevant to what the target audience was looking for. The newly-built contact database successfully bridged the gap between the client and their potential customers, facilitating higher ROIs and giving a much-needed competitive advantage.
Tell us your unique specifications, or let us help you identify and capture your TAM
Have us collate a brand-new contact database or scrub clean your existing one via email and data append and data enrichment practices
Build ideal buyer personas based on hard facts, not guesses and run hyper-personalized campaigns across channels
Generate higher ROIs than ever before and always maintain a CPR greater than 1
