Overview
Value Based Bidding (VBB) activation to improve lead quality
Claudio Galeno, a leading institute of higher education in healthcare in Spain, has experienced remarkable success in its digital marketing strategy in partnership with Google Ads. With a conversion-focused approach and VBB strategies implemented since this year, Claudio Galeno has managed to meet the challenges of an ever-changing educational environment and increasingly intense competition.
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Conversions from lead to enrolment
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ROAS
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Cost per Lead
Challenge
Improving lead quality
Claudio Galeno, a leading institute in Higher Education in Healthcare Professional Training in Spain, was faced with the challenge of improving the quality of leads in a constantly changing educational market. Increasingly prepared competition and a growing demand for training degrees required an innovative advertising strategy.
Solution
Value Based Bidding (VBB) strategy with offline conversions
To address this challenge, Claudio Galeno adopted a Value Based Bidding (VBB) strategy with the inclusion of offline conversions. Through VBB, advertisers can adjust their bids more efficiently, leveraging Google's machine learning technology to focus on the overall value of conversions and the customers impacted by the ads. In essence, VBB automates the bidding process, generating a significant improvement in ad performance.
In a progressive approach, they integrated Google Ads with their CRM to import final offline conversions, delivering value through the VBB strategy. Value-based optimization was implemented strategically, leveraging sufficient conversion volume on the platform.
Results
Measurable transformation in performance
The results since March 2023 compared to the previous year are remarkable. Claudio Galeno improved their lead to enrolment conversion rate by 27% across the total business. In addition, they experienced an impressive 150% increase in return on advertising spend and reduced their overall Cost Per Lead (CPL) by 17%. These achievements not only represented a significant lift in account performance, but also generated a marked improvement in the quality of leads coming from Google, resulting in a better conversion rate compared to previous years. The VBB strategy proved to be the key to transform Claudio Galeno's educational marketing in a highly competitive and dynamic environment.
"Thanks to offline conversions and VBB we have been able to improve lead quality. Although lead costs have increased, the conversion rate from lead to enrolment has improved by 27% compared to the previous year".
— Rocío Benítez, Account Manager - Adsmurai
The implementation of this strategy has allowed us not only to improve the quality of the lead, but also to improve the overall efficiency of the organization in terms of commercial and business profitability.
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