An engineering software company got every contract through its founder’s network. Five months later 200 people signed up for its webinar.
Engineering software company
The company sells six-figure contracts. It spent $500 on ads to get 8 people to its first webinar. Five weeks later a webinar with an industry partner drew 113 signups with no ad spend, and the third had about 200 before it ran. In the first month of paid lead ads, a bidding change cut cost per lead from more than $330 to about $70. The company’s sales cycle is long, so these are early measures and the case reports no revenue yet.
Where it started
Sales were referral-based. The company published about one blog post a month and had never run an event or an ad. The website did not track a single form fill or download.
What ran
More & Faster built a webinar series and found industry partners to co-host it. One partner was the head of safety at a global standards body. Paid lead ads started on LinkedIn in the third month. The blog moved to about five posts a month. A trade publication with more than 200,000 monthly readers featured the company at no cost.
What changed
Webinar signups went up with each event: 8, then 113, then about 200. Paid ads produced 7 leads in their first month, and the last 5 cost about $70 each after the bidding change. Visits from other sites more than quadrupled in the month of the press feature. The website now records every demo request and case-study download.
8 signups / 113 signups / about 200 signups / cost per lead down 78%