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Financial · rapid! PayCard

rapid! PayCard Cut Cost per Lead to $11.03 Against a $21 Financial Industry Average

$11.03
cost per lead, 47% below the financial industry average
At a glance

The numbers.

$11.03
cost per lead
$21.00
industry average cost per lead
1.54%
click through rate vs 0.56%
$0.65
cost per click vs $3.77
The challenge

The situation.

rapid! PayCard is an electronic payroll card product sold to employers of every size. Financial services is one of the most expensive advertising categories there is: the industry averages about $21 per lead, $3.77 per click and a 0.56% click through rate, which means a payroll product pays a premium for every prospect before a salesperson ever picks up the phone.

The situation at rapid! PayCard
What we did

The approach.

BusySeed ran a lead generation campaign and a separate awareness campaign to the general landing page, and narrowed the targeting to the people who actually make payroll decisions, testing creative until the click through rate pulled well clear of the benchmark.

Meta AdsLead GenerationConversion Optimization
The work for rapid! PayCard
The results

What we delivered.

Source: BusySeed Client Success Stats deck, updated January 28, 2021.

Before and after

What actually changed.

Cost per lead vs industry average
$21
Before
BusySeed
$11.03
With
BusySeed

47% lower

Cost per click vs industry average
$3.77
Before
BusySeed
$0.65
With
BusySeed

83% lower

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Omar Jenblat, Founder & CEO of BusySeed
Omar JenblatFounder & CEO, BusySeed
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