Yoy Lead Growth Project

Situation:

  • At Affordable Care, I expanded the portfolio scope 2x under my ownership, from $3M across 100 practices to $6M across 200 practices, driven by consistent performance in implant and denture patient acquisition.

  • Prior to bringing our marketing team in-house, we experienced consecutive year-over-year declines in search leads over the past two years, despite similar budgets.

  • A “lead” in our case was a patient who raised their hand in interest in our services (via calls or appointment forms).

Task:

  • Recognizing this downward trend, our goal upon bringing the team in-house was to reverse the lead decline and improve campaign efficiency.

  • One key observation was that our cost per conversion had been rising sharply in Google Ads and Bing Ads, indicating diminishing return on ad spend (ROAS) and signaling a need to restructure our paid media strategy.

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Action:

We focused on multiple strategies to reduce CPC and improve ROAS.

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  • National vs. Local Spend: We shifted budget to newly built national-level campaigns, which proved significantly more efficient. National campaigns delivered a 5:1 ROAS compared to just 3:1 for local campaigns.

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  • Keyword reallocation: Optimized acquisition strategy by testing keyword performance, identifying general dentist terms with higher CPAs($70 vs. $34 avg.), and reallocating $26K annually to more efficient denture and implant keywords, which aligned with our core business.

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  • Microsoft Advertising Optimization: Bing campaigns were previously underfunded and fragmented. We consolidated them into DMAs (Designated Market Areas) for major metros and reallocated more budget to Microsoft. As a result, Microsoft’s cost per acquisition (CPA) decreased by 75%, from an average of $108 to $27 in Q3 and Q4 FY24. This outperformed Google’s $35 CPA for the same period.

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  • New Search Products: Introduced new ad products and placements, including Performance Max and the Microsoft Advertising Network, which expanded reach to previously untapped audiences and improved efficiency, with Performance Max delivering a 5:1 ROAS and Microsoft network placements delivering a 6:1 ROAS, compared to 3:1 ROAS for local search campaigns.

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Result:

  • These optimizations reversed the negative trajectory of our campaigns, shifting performance from consistent year-over-year lead declines to six consecutive months of YoY lead increases, all while maintaining a similar budget and without compromising lead quality.

  • As a result of this turnaround, our paid search channel received a more than 25% increase in budget for January 2025.