Residential Real Estate Developer — Kolkata
47%
CPL reduction
₹450
New cost per lead
40%
Lead quality rate (from 10%)
11,000+
High-intent leads
01Industry
Residential real estate — Kolkata, India
02Business challenge
A premium residential portfolio was generating leads at over ₹850 CPL with only a 10% quality rate. The mandate was to lower cost and raise the quality bar at the same time — a combination most teams treat as mutually exclusive.
03Campaign objective
Bring cost per lead to ₹400–500 while lifting lead quality from 10% to 40%.
04Strategic approach
- 01Audience segmentation by income signal, housing search intent and location radius.
- 02Aggressive creative testing across lifestyle, project renders and social proof.
- 03Lead scoring integrated with the sales CRM for closed-loop reporting.
- 04Weekly sync with the sales team to calibrate the definition of a 'quality' lead and adjust targeting.
05Channels used
- Meta Ads
- CRM lead scoring
06Measurement framework
- Cost per lead→
- Lead quality rate, defined jointly with sales→
- CRM lead scores fed back into targeting decisions
07Results
CPL fell 47% to ₹450 within three months while lead quality rose from 10% to 40% — a 4× improvement achieved alongside the cost reduction. Across 13 campaigns, the portfolio delivered 11,000+ high-intent leads at a ₹446 blended CPL.
Cost per quality lead is derived: CPL ÷ quality rate.
08Key learning
“Cost and quality stop being opposites when 'quality' is defined with the sales team and fed back into targeting. The number that really mattered — cost per quality lead — fell by roughly 87%.”
Historical results from the ElevateDigi portfolio, as reported by ElevateDigi. These were team engagements, presented here as selected professional experience from my work at ElevateDigi. Client identities are withheld.