Their CPAs (Cost per Customer Acquisition) ballooned…
Sponsored • id:424708535329502
"Spartan is a rapidly growing tribe. Over 8 million people have crossed a Spartan finish line and each year that number grows. Our mission is to transform 100 million lives and we are well on our way." ~ SPARTAN.COM
In early 2020, Covid-19 “sucker punched” thousands of event based businesses.
Yep, the pandemic knocked unconscious a lot of companies.
But not SPARTAN.
This time they had our team in their corner.
Capptive8’s unmatched expertise combined with the resilience of Spartan’s team turned the fight in their favor.
SPARTAN reached out to us to help them revive the bleeding customer acquisition campaigns during these most challenging times.
Their CPAs (Cost per Customer Acquisition) ballooned…
Race registrations were falling off a cliff…
And even their most loyal customers were not engaging with their ads
To flip things around quickly we had to take an unorthodox approach with their Facebook ad campaigns. (something they have not experienced with other agencies before...)
Videos completely smashed image ads with -45% lower Cost per Purchase.
Using user generated content (UGC) from their social media pages we created fun, motivational and engaging video creative.
His change in their creative strategy significantly increased the CTR, reduced CPC and CPA.
Sponsored • id:424708535329502
… in just 2 months.
So what is the secret for massive growth?
The most common mistake brands make is to spend over half of their budget on retargeting. Some businesses even spend north of 80% on retargeting.
The issue with that is they never bring in a steady flow of net new customers to sustain a healthy growth.
We found that the golden ratio is 30/70
retargeting
acquisition
This is the single most important task we tackle first when we take on a new client.
That’s not an easy task. But if you are able to achieve that (while hitting your target KPIs) then you are setting things up for massive growth.
And to achieve that for Spartan we produced an army of strong creative winners. Then we scaled these winners against a high volume of prospecting audiences.
Even the stubborn broad targeting campaigns showed strong efficiency at scale.