Consistently Delivered 61% Lead to Quality Lead Ratio for Max Life Insurance

Channel:

Awards

Gold

Data Insights

Gold

BFSI

Gold

Lead Generation

Key Highlights

61%

Lead to quality lead ratio

24%

Quality lead to quality quote ratio

Challenge

Max Life Insurance aimed to generate high-quality leads for term insurance policies through social campaigns, facing the challenge of reaching insurance seekers across diverse affluence categories while maintaining a target Quality lead ratio of 35-40%. Recognizing the significance of driving quality leads in the life insurance industry, Max Life Insurance collaborated with AudiencePro to harness data insights and effectively drive these quality leads.

"AudiencePro's intelligent solution of layering highly relevant audiences from their authentic data pool on social platforms has made our targeting extremely effective & precise. AudiencePro's deterministic data and targeting have enabled us to reach 4.6 million emerging affluent consumers across India. Kudos to the team for consistently delivering outstanding results."

Sameer Jain,

VP– Digital Marketing & Sales, Max Life Insurance

Solution

In collaboration with Max Life Insurance to connect with affluent audiences while maintaining a 35-40% quality lead ratio, AudiencePro selected pertinent deterministic 2P segments from their platform, complemented by Meta interest segments. By delving into AudiencePro's 2P data insights, they effectively addressed the brand's KPIs on Meta. This custom cohort of AudiencePro 2P segments was then activated in tandem with Meta-interest segments to optimize the campaign's success.

Results

With AudiencePro, Max Life Insurance achieved -

61%

Lead-to-quality lead ratio

24%

Conversion from quality lead to quality qoute ratio

75%

Quality quote to graduate quote

15%

Click to lead