Anushka Konar

← Case studies/A · Performance Marketing & Business Growth

Residential Real Estate Developer — Mumbai

Channel
Meta Ads
Industry
Real estate · Residential
Market
Mumbai
Period
June 2024 (evidence shown)

AttributionElevateDigi team engagement. Selected work from the ElevateDigi portfolio, shared from Anushka's time as Chief of Strategy & Operations. Her individual role in this engagement is awaiting confirmation.

The figures, as documented

CPL reduction
57%CPL reduction
New cost per lead
₹212New cost per lead
Lead quality rate
40%Lead quality rate
Total conversions
409Total conversions

01Project overview

₹500 CPL on a ₹1L/month budget with scarce quality leads. Lower cost and raise quality, simultaneously.

02Industry & context

A Mumbai residential developer running on a tight ₹1L monthly budget.

03The business problem

Leads were costing ₹500 each and quality leads were in short supply. The brief was to cut cost and improve quality within 60 days.

04What was happening before

₹500 cost per lead · 25% lead quality rate.

05Strategic diagnosis

The messaging was developer-led. Buyers in a micro-market respond to the life a home offers, not to the developer's credentials.

06Strategic approach & execution

  1. 1Campaign restructure with hyper-local targeting around project micro-markets.
  2. 2Creative strategy pivoted from developer-led to lifestyle and community messaging.
  3. 3Bidding shifted from volume to quality signals.
  4. 4Weekly creative refresh based on engagement data.
  5. 5Lead quality feedback loop with the sales team every 5 days.

07Before & after

Cost per lead

Lower is better

Before
₹500
After
₹212

Lead quality rate

Higher is better

Before
25%
After
40%

Bars are drawn to scale against the larger of each pair.

08Results

CPL dropped 57% to ₹212 in 60 days. Lead quality improved from 25% to 40%. 409 total conversions at ₹86.6K total spend, from 3.35K clicks.

09What the results demonstrate

A change of story — from who built it to how it feels to live there — moved both cost and quality on a small budget.

10Visual evidence

Overview, 1 – 27 Jun 2024: 3.35K clicks, ₹212 cost per conversion, 409 conversions, ₹86.6K cost.
Fig.Overview, 1 – 27 Jun 2024: 3.35K clicks, ₹212 cost per conversion, 409 conversions, ₹86.6K cost.

Source: ElevateDigi Comprehensive Case Study Portfolio, pp. 14–15.

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