Allianz

Making search work in a saturated auction.

One of the world’s largest insurers, acquiring term life leads in Germany. Two earlier tests on Google Ads had not reached the target cost per lead, and the question was whether a third approach could.

  • SEA
  • CRO

The starting point

German insurance is among the most contested auctions in paid search, with comparison sites and brokers bidding hard on every high-intent query. Budget was not the constraint. The constraint was buying quality traffic at a defensible price, and on the previous tests the cost per lead had stayed above target.

The brief was therefore precise: the same product, the same competitors, the same budget envelope, and a cost per lead the business could stand behind.

What we did

No new budget, no new promise. A rebuild of the account around intent, relevance and the page after the click.

  1. 01

    Structure rebuilt around intent

    Each intent cluster given its own budget, bids and message, instead of averaging performance across mismatched queries. When everything shares one pot, the strong queries carry the weak ones and the account looks average. Separated, the strong ones turned out to be very strong.

  2. 02

    Systematic exclusions

    Spend removed from traffic that would not convert, query by query, and redirected toward qualified demand. Unglamorous, weekly, and responsible for a good share of the result.

  3. 03

    Landing pages reworked

    Conversion rate lifted on the page itself, which lifted Ad Rank with it, which earned better placement at a lower cost. In search, the landing page is part of the bid.

  4. 04

    Full use of the surface

    Every available extension deployed, expanding the ad’s real estate and click-through without additional spend.

The impact

The cost per converted lead fell 33%, with the same product and the same competitors bidding against it.

The target on sales-qualified leads was hit in full, and search became a channel with a budget line of its own.

Your brand could be the next story on this page.

It starts with a conversation, on us. If there is a fit, the Diagnostic that follows is paid, thorough, and yours to keep.