HOW AN ONLINE BUSINESS COACH MADE 24K IN 60 DAYS
- Brought down cost per lead from over $9 to $2
- Increased landing page conversion rate from 15% to 58%
- Yielded $2 webinar opt-ins Increased booked calls by 320%
- ROAS of 9.6x
- Grew mailing list by 650% in 60 days
Summary
Competition in the online coaching space is fierce. Every aspect of the marketing has to work just right, from the freebies, to funnel, to pixel and social proof on social media.
Recently, we were brought in to uplevel an online business coach who started off with dismal ad performance and poor landing page conversions for multiple freebies she marketed, plus high-cost webinar registrations.
Goal
While the online coach had experienced success in through referrals, she hadn’t yet cracked Facebook and she wanted to scale. Our first change was to make Facebook work for her.
Accomplishments
We did a partial build to fix her existing funnel, including reviewing messaging and design. We fixed several problems including a pixel that was firing improperly, as well as landing page messaging that wasn’t consistent.
When we relaunched her funnel and ads, the coach grew her email list by about 10-20 new leads per day, an increase of 650% over 2 months.
In the first eight weeks on this account, we increased traffic to freebie opt-ins by 650%. We got freebie opt-Ins for $2.25-$2.79 per lead, with a CTR of 1.76% (exceptional for a cold audience) and cost-per-click of $1.29 (exceptional).
Keep in mind these exceeded industry averages which are: cost-per-click $2, CTR 1% (cold audience) and freebie opt-in $2-4 per lead.
From 3 webinars and email nurturing, she booked 32 calls over three weeks and with her sales closing rate of 25% she closed 8 clients into her 1:1 VIP coaching program ($3000), making her $24,000 USD in revenues, which was a return on ad spend (ROAS) of 9.6.
Take A Look at the Numbers:
Strategy
Using our proprietary Coaching Roadmap Audit©, we established several audiences for the client and began testing which audiences converted best and with which freebies; the winning freebie was incorporated into her evergreen freebie funnel.
We tested various messages and ad types and crafted a social media strategy for her ads, which involved using FB Lives at top of funnel to do preliminary audience testing that yielded rich audience data. Keeping the client’s ad budget in mind, we scaled the winning campaigns and we made sure that we met or exceeded the minimum ROAS to 9.6x.
Result
After testing a variety of audiences, we developed a number of large, highly responsive audiences who were rabid for the coach’s offerings. We developed retargeting abandoned booking campaigns, as well as other important retargeting campaigns designed to pull clients back to the webinar registration and 1:1 booking page.
Having established audiences, we were able to set goals for the next round of intake for the 1:1 coach offerings which is set to launch in bi-monthly campaigns with the coach on-target to make 144K yearly.
Challenges
One of the challenges we ran into with this account was the speed at which the client wanted to fill her webinars. We know that an account budget that is increased too quickly can crash and burn but we used some creative audience solutions that allowed us to get just the right number of registrants.
We are on-target to double her webinar registrations for next round, with a minimal increase in adspend due to the cumulative effect of her list building and evergreen freebie funnel.