REAL ESTATE

Real Estate Lead Generation — Google Ads

22 → 27 Monthly Leads
$6,500 → $2,800 Monthly Spend
~65% CPL Reduction
75% CPC Reduction

Programme Overview

Managed a Google Ads lead-generation programme for a real estate client where the initial Search strategy was producing limited lead volume at a high acquisition cost.

Performance analysis identified inefficient CPCs and budget utilisation, leading to a strategic transition from Search to Performance Max.

Industry: Real Estate
Platform: Google Ads
Campaign Types: Search | Performance Max
Focus: Lead Generation | Paid Search | Acquisition Efficiency
Role: Digital Account Manager

Business Challenge

The initial Search campaign was spending approximately $6,500 per month and generating only 22 leads, resulting in an estimated $295 CPL.

The objective was to increase lead volume while reducing acquisition costs and improving the efficiency of media investment.

Strategic Approach & Responsibilities

  • Conducted keyword research and search-intent analysis.
  • Structured Search campaigns around relevant real estate keywords.
  • Monitored spend, CPC, lead volume and CPL.
  • Analysed early performance to identify inefficient budget allocation.
  • Identified high CPC as a key barrier to acquisition efficiency.
  • Evaluated campaign structure and media-buying opportunities.
  • Transitioned the strategy from Search to Performance Max.
  • Expanded reach across Google’s advertising ecosystem.
  • Optimised audience signals, creative assets, bidding and budget allocation.
  • Continued monitoring lead generation and acquisition cost after the strategic transition.
  • Used campaign performance data to guide ongoing optimisation.

Performance Before Optimisation

~$6,500 Monthly spend
22 Monthly leads
~$295 Estimated CPL

Performance After Strategic Change

~$2,800 Monthly spend
27 Monthly leads
~65% CPL reduction
75% CPC reduction

Business Impact

Generated 5 additional leads per month despite significantly reducing spend.
Reduced monthly advertising investment by approximately $3,700 .
Reduced spend to less than half of the original monthly budget.
Reduced estimated acquisition cost by approximately 65% .
Reduced CPC by 75% .
Improved the efficiency of the media-buying model through performance-led campaign restructuring.

Strategic Value

Rather than attempting to solve lead volume through increased investment, the campaign used performance data to reallocate budget, restructure the media strategy and improve acquisition efficiency.