How I Got My Client a $0.24 Cost Per Lead - lizboer.com

Marketing

How I Got My Client a $0.24 Cost Per Lead

I'm Liz!

I value empowering entrepreneurs to live their life full of joy and purpose. I LOVE - helping women worldwide dial-in their marketing funnels and see mind-blowing results.

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How do you really know if the money you spend on ads is actually going to good use? You learn which numbers are important, then you figure out how to maximize your ROI based on those numbers.

In fact, your numbers are the ONLY way to tell if you are getting the most bang for your buck when it comes to running ads. 

So, let’s chat about one of your most important numbers, your CPL (Cost Per Lead).

The Cost Per Lead is how much money you spend to acquire a new lead (opt-in) to your webinar, lead magnet, or list. It is how much you spend to bring someone new into your ecosystem.

Cost per lead is a metric you can easily get when you run conversion ads and lead generation ads through ads manager.

The Goal of CPL For Your Ads

Obviously the goal is to keep your CPL as low as possible which, if your funnel works, will boost your ROI massively. A low cost per lead + a high priced offer = more money in your pocket!

Average Cost Per Lead

It is TOTALLY possible to get leads for under $1, although the average varies depending on the industry. Recently I was able to get my client $0.24 cent leads during their launch…which is a VERY low CPL!

Want to know how? Here’s what I did, and how you can do the same:

1. Warm up the audience with FB Lives pre-launch

Every week prior to her launch, my client went live from her FB page, with lots of value to share. We then created ads from those lives to get more video views. This really upped her know-like-trust factor and made it seem as though she was everywhere. When the time came for people to opt-in, we had a warmed-up audience that was pretty large! This significantly lowered the cost of her lead generation ads. Additionally, it didn’t cost much to run these “warm-up” ads. The average was a few cents per view. It gave us some great audiences to target for the launch!

2. Make sure your targeting is detailed 

Targeting is one of the trickiest parts of running ads. The right targeting can get you a massive ROI, but can also be hard to figure out. With this particular launch, I got SUPER specific in my targeting to make sure we were connecting with the right people. This targeting served our ads to people who were READY, which really lowered our CPL. We targeted all of her warm audiences very specifically, then were able to target some highly qualified lookalike audiences based on her warm leads. We obviously ran ads to some cold markets as well using influencer and behavioral targeting. 

3. Keep Your Story and Feed ADS Separate

 Sure, setting up different feed ads and story ads takes some extra time. But due to the nature of each format, it’s important that you make your content specific enough to fit the bill. People consume stories differently than they consume feed posts, so you want to consider that in your copy and visuals across all ad sets. 

We created ads for each format and saw such a huge ROI because of that. Story ads perform REALLY well when done right, and can really support the feed ads when planned strategically. I know the temptation will be to just create one ad and run it everywhere, but I want to encourage you to create separate ads for each format. 

The truth of the matter is ads are constantly changing. Is $.24 per lead common – no. But it’s entirely possible. When you know how to build your ads to work FOR each other, then you are more likely to see your CPL decrease. There are lots of variables that will affect your CPL (time of year, type of ad, industry, ad budget, organic use of the platform…and much more). This takes some time to figure out for each ad account, but when you do, you just keep running what works and watch those leads pore in for dirt cheap!

Ready to ditch the overwhelm and have these same results? Get your Facebook and Instagram Ads Done-For-You.

TACO OBSESSED, KOMBUCHA LOVIN', SEDULOUS LEARNER, CONTAGIOUS SMILER. 

Hi, I'm Liz.
Your New BFF + Marketing Coach.

I’m a marketing strategist, coach, and the ads manager behind multiple million-dollar launches. My goal is to empower entrepreneurs to create THRIVING online businesses. Stick with me, I'll teach you the marketing strategies that move the needle in building your online business, influence, and your brand. Along with sharing my best-kept secrets from being in the trenches behind million-dollar marketing campaigns. 

Whether you're ready to hire this #dreamteam, coming for an online workshop, or joining my course, or bingeing all the strategies via this blog or my podcast, I'm PUMPED you're here. I can't wait to watch you make magic happen! 


I’m a marketing strategist, coach, and the ads manager behind multiple million-dollar launches. My goal is to empower entrepreneurs to create THRIVING online businesses. Stick with me, I'll teach you the marketing strategies that move the needle in building your online business, influence, and your brand. Along with sharing my best-kept secrets from being in the trenches behind million-dollar marketing campaigns. 

Whether you're ready to hire this #dreamteam, coming for an online workshop, or joining my course, or bingeing all the strategies via this blog or my podcast, I'm PUMPED you're here. I can't wait to watch you make magic happen! 


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