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Case Study: Pitchbook
PitchBook, a Morningstar company, is a software platform that provides financial data, research and technology for public and private equity markets, including venture capital, private equity and M&A.
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The Challenge
Increase PitchBook’s website leads for potential B2B customers in North America, UK and Europe and expand advertising into markets in Middle East and Asia.
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The Solution
- Refined account structure by segmenting campaigns by: Region, Product Type, Branded vs non-Branded solution/product type (e.g. Private Equity, M&A, Venture Capital, etc)
- Expanded into APAC and EMEA markets
- Refined day part bidding with increased use of bid strategies
- Expanded PPC campaigns into Microsoft Ads for higher market share
- Performed quarterly audits, keyword/negative keyword optimizations, multiple ad testing and new campaign extensions to move the needle on CVR and CTR
- Performed regular search term analysis, purged non-performing content and tested new keyword groupings to increase search efficiency to match the increase in ad spend
- Created 10X the number of relevant landing pages to improve CVR and keyword quality score
- Leveraged remarketing audiences to capture prospects throughout the conversion funnel
- Increased use of Google BETA testing, new audiences, remarketing tools and research
Services Completed:
- Pay-Per-Click Advertising
- Timeframe: December 2017 (1st month of engagement) vs September 2020 (last month of engagement)
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The Results
With the optimizations completed, along with a 450% increase in advertising budget, the following improvements were seen for 1st month vs last month of engagement:
- 650% increase in Website Leads
- 28% decrease in Cost Per Lead
- 8% decrease in Cost Per Click
- 150% increase in Click through Rate
- 28% increase in Conversion Rate
- 500% increase in traffic