Reduced CAC by 80% For Fintech Brand
RishabhTM
Published
About - Fintech app which is a one stop solution for tracking, investing and making money decisions. The brand is backed by some of the top VCs & Angel investors in the country.
Problem - Their targeting was too broad. The ad account structure was not as per best practices. The ads were not optimised for the right events.
Goals -
-Grow month on month by 30%
-Focus on acquiring good quality users
-Re-engage ads to upsell and cross sell
Our Approach & Strategies-
-Created a full funnel campaign structure from awareness to conversion
-Tested various audience cohorts and found some high converting audiences which we doubled down on
-Scaled campaigns strategically weekly to not impact CAC
-Extensively tested creative hooks based on audience pain points
-Tried alternative customer journeys like webapp
The Results-
-Scaled users by 3X while simultaneously reducing CAC by 80%
-Identified ideal targeting which increased conversions by 2X
-Increased CTR by making more video content