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B2B Healthcare Client Drives Nearly 10X Leads, 75% Lower Cost Per Lead

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Business Challenge Summary

Our client, a rapidly growing B2B healthcare services company, was struggling to generate new clients, due to low brand awareness and minimal marketing. This client had excellent service delivery (high retention and an industry-leading NPS score), but was not meeting growth goals. They recognized the immediate need to implement a strategic lead generation approach, but lacked the time and resources to execute it in-house.

  • Generate insight on their audience (segment their targets, understand their pain points, determine where they go for information, etc)
  • Determine which lead gen tactics would yield results in the short-term, while simultaneously positioning them to sustain long-term business growth
  • Build broad brand and category awareness among B2B decision-makers through a coordinated marketing strategy
  • Deliver qualified leads to their sales team

&Marketing’s Approach

Based on our client’s desire for a “flexible yet affordable” approach, we implemented our &Marketing B2B Lead Generation Framework, using a two-pronged strategy:

Following a thorough audit of the client’s existing marketing efforts, as well as research on their target audience, we built a marketing playbook to serve as a strong foundation for monthly lead generation. This included:

  • Identifying key decision-makers across industry verticals and their unique pain points

  • Refining the client’s value proposition and messaging for each decision-maker

  • Updating several pages on the client’s website to improve the customer journey

  • Developing new landing pages for digital advertising

  • Running a series of digital marketing pilots on Google Ads and social media

  • Developing a strategic plan for monthly marketing execution based on new insights


Following the playbook period, we developed a monthly marketing plan and executed the following tactics:

  • Developed and implemented a new email marketing program

  • Executed a comprehensive, integrated digital marketing campaign

  • Developed and executed a data-driven content strategy to support lead generation and drive awareness (this included 12 new blog posts, five eBooks, and two infographics)

  • Refined organic search capabilities through technical SEO

  • Strategized and executed a targeted public relations campaign to drive further awareness

  • Created a reporting and analytics process to measure marketing effectiveness

  • Provided senior-level advice and coaching, including board and investor presentations

Results

With a sharpened focus on lead generation and brand awareness, we were ultimately able to deliver qualified leads to the sales team. Through our integrated marketing approach over a three-month period, &Marketing generated the following results (as compared to the previous quarter, where the client had minimal marketing investment).

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Nearly 10X increase in leads (49 vs. 480 leads), which required a corresponding 2.4x increase in out of pocket marketing spend
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Reduction in cost per lead
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increase in website engagement (i.e. contact us form fill-outs, content downloads, page visits, etc)
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Increase in web traffic
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PR hits from influential media outlets (vs. zero in the previous period)
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