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Performance Marketing

Flyhomes & Meta

Flyhomes is a real estate company that has simplified home buying and home selling through an all-inclusive service that integrates local experts and specialized agents. They offer unique services for homeowners like Flyhomes Cash Offer and Buy Before You Sell.

0%
MQLs
Increase in MQLs.
0%
Cost Per MQL
Decrease in cost per MQL.
0%
Activated Leads*
Increase in activated leads.
0%
Cost Per Activated Lead*
Decrease in cost per activated leads.
The Challenge

Creative fatigue from years of the same generic imagery.

Flyhomes faced creative fatigue due to long-term use of the same generic imagery in their Facebook & Instagram ads, leading to diminished resonance with their audience. Although they were using localized ad copy, it failed to deeply engage their target market, and lead volume and cost per lead were higher than the cost per conversion in Google Ads.

The creative department decided to revamp their ad creative in hopes of reducing their cost-per-marketing-qualified-lead (CPMQL) and cost-per-activated-lead (CPA).

Our Strategy

Localized visual themes, tested market by market.

01Localized Creative
Combining local ad copy with new visual themes

With a focus on reducing the CPMQL and CPA, our strategy aimed to increase leads, MQLs, and activations. By combining Flyhomes' local ad copy with new unique, localized visual content, we hoped to see a boost in CTR and conversions.

02Theme Categorization
City skylines, suburban landscapes, waterfront views

We categorized dozens of new ad imagery created by Flyhomes into key themes, which reflected different geographical areas a buyer would want to live in, such as city skylines, suburban landscapes, and waterfront views.

03Iterative Testing
Testing new creative against top performers

After testing a few new images and themes, we noted which ads performed the best and then added new creative to test against the top performers, conducting monthly analysis at the market level to determine which ad type, messaging, and creative themes performed the best.

The Results

22% surge in MQLs, despite a 36% cut in ad spend.

The new campaigns yielded a notable 22% surge in MQLs and a 48% drop in CPMQL.
A 9% boost in activations and a significant 42% decrease in CPA.
It's worth noting that these optimizations occurred despite a 36% reduction in ad spend, period over period. *Activated leads are people who are actively touring homes with a Flyhomes agent.
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