Work/Construction & renovation

A $12.7M renovation pipeline at $30.68 a lead

A New York renovation company that depended on referrals and lead apps. Over 14 months, $28.8K in ads brought in 735 CRM-verified leads at $30.68 each, and 191 of them came with budgets over $10,000, adding up to $12.7M in pipeline.

14 monthsCRM-verified
Ad spend$28.8K
Verified leads735
Cost per lead on Meta$30.68
High-value pipeline$12.7M
191 leads with $10K+ budgets, as reported by the leads
BusinessConstruction and interior renovation
WhereNew York metro
What we ranMeta and Google ads, lead magnets, retargeting
Judged onVerified leads with real budgets

Renting leads from apps

Like most contractors in the city, they got work from referrals and from apps that sell the same lead to several companies. They wanted homeowners coming to them directly.

A checklist beat 15% off

The first ads offered a discount. It worked, but clicks were expensive. A free renovation checklist did better and brought in people planning real projects, so we scaled it and dropped the discount.

Later rounds went after people who started a form and didn't finish, then past leads and visitors with a compare-your-contractor angle.

Lead magnet

A renovation checklist instead of a discount

Meta ads

Homeowners in the NYC metro

Retargeting

Unfinished forms, past leads and visitors

CRM check

Every lead verified, budget recorded

Seven rounds of testing

Each round built on the last. Cost per click fell about 75% from the first round to the third, and 83% of leads said they were planning a renovation.

Pipeline$12.7M191 leads with $10K+ budgets
Cost per lead$30.68On Meta
Best cost per lead$20.73Retargeting unfinished forms
Cost per click-75%First round to third

Meta against Google

We ran Google alongside Meta to check. Google brought in no form leads and seven calls at about $469 each, so the budget stayed on Meta.

$469Google, per phone call
$30.68Meta, per verified lead
Same company, same period. Google brought in no form leads.

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