Premium apartments: warm audiences that cut cost per lead by 44%

Video-viewer retargeting delivered 1,136 leads at PKR 1,015 against PKR 1,804 on broad prospecting — same creative library, different audience.

Client
Residential developer, Karachi
Sector
Premium 3, 4 and 5-room apartments
Markets
Karachi (overseas run separately)
Channels
Meta Ads
Scope
9 ad sets
  • 11,311 leads generated
  • PKR 1,438 project cost per lead
  • −44% CPL from video retargeting
  • 46.4M impressions

The challenge

The highest ticket and the longest decision cycle in the portfolio. Premium buyers engage with beautiful ads easily — and then decline to share a phone number.

Two findings, pointing in opposite directions

Ad setLeadsCost per leadCTRCPC
Video viewers (retargeting)1,136PKR 1,0150.77%PKR 64
Broad audience (copy)3,664PKR 1,3510.59%PKR 64
Interest audience3,465PKR 1,3580.44%PKR 59
Post engagers (retargeting)381PKR 1,6010.52%PKR 82
Broad audience2,026PKR 1,8040.52%PKR 79
Luxury interest audience186PKR 1,9671.08%PKR 35
Project total11,311PKR 1,4380.54%PKR 64

Warm beats cold. The cold campaigns paid for those video views once; the warm campaign converted them a second time — 44% cheaper.

Clicks are not leads. The luxury audience had the best CTR and the cheapest click in the project, and nearly the worst cost per lead. Scaling on engagement would have scaled the wrong thing.

What we changed

  • Made video-first prospecting the default, so every cold impression also builds a retargeting pool.
  • Shifted budget toward the warm tier as pools matured.
  • Added a qualifying question to the premium form and made the offer concrete: payment plan, floor layout and availability sheet.
  • Rebuilt the lookalike on qualified leads after a thin-seed version returned 31 leads at PKR 1,779.

CTR and CPC measure the ad. Cost per lead measures the offer. Qualified rate measures the audience. They are three different diagnostics.

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