-68% CPQL: Cutting costs in a competitive Market

SellMyRide brand
SellMyRide brand creative

Challenge

Anderson Honda relied on Google Ads for vehicle acquisition, but rising competition drove costs up. Cost per qualified lead (CPQL) exceeded $200, making it difficult to scale efficiently in a saturated search market.

Solution

We introduced Meta as a complementary channel to reduce costs and improve lead capture.

  1. 1. Demand generation.

    Reached users earlier using location, behaviour, and lookalike audiences before they entered search.

  2. 2. In-platform lead capture.

    Launched native Meta forms to reduce friction and improve conversion rates.

  3. 3. Localised creative.

    Built tailored messaging aligned to regional audiences to increase relevance and engagement.

SellMyRide dealer acquisition platform
SellMyRide campaign creative

The results

68%

reduction

in cost per qualified lead

6%

lead-to-acquisition

conversion rate

CPQL

reduced

from $200+ to $65

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