In lead generation, success hinges on striking the right balance between cost efficiency and lead quality. Businesses must ensure that their marketing spend is directed towards acquiring leads with the highest intent and potential for conversion. One powerful way to achieve this is through Dynamic Bidding – a lead generation strategy that adjusts bids in real-time based on the performance of various publishers and lead sources.
This approach enables companies to reduce spending on low-performing lead sources while prioritising those that provide higher-quality leads.
Publisher performance—and therefore, the quality of generated leads—can fluctuate due to various factors, including changes in targeting strategies, audience behaviour, and market conditions. As a result, the quality of leads generated can vary significantly from one publisher to another.
While some publishers consistently generate high-intent leads, others often experience dips in quality over time. Ultimately, all lead quality attributes stem from the source or publisher.
Dynamic Bidding allows businesses to adapt to these fluctuations by continuously monitoring publisher performance and making real-time bid adjustments.
By leveraging this approach, companies can:
Not all lead sources are created equal. While some consistently produce high-intent prospects, others generate leads that fail to convert. To maximise the benefits of Dynamic Bidding, businesses must strategically assess publisher performance by analysing key metrics such as conversion rates, engagement metrics, and customer lifetime value. This involves:
By tracking these performance metrics, companies can make well-informed decisions about which publishers merit higher investment and which should be deprioritised.
Many businesses fall into the trap of prioritising a high volume of low-cost leads over quality leads, which, although more expensive, have a better chance of converting. This results in higher spending on leads that fail to generate revenue, leading to a long-term drain on resources.
Dynamic Bidding ensures that every pound spent is directed towards the most promising prospects with the highest intent, offering benefits such as:
Phonexa’s Dynamic Bidding tool takes this strategy to the next level, equipping businesses with advanced analytics and automation to refine their lead acquisition process. The tool is designed to scale, adjusting bids in real-time based on publisher performance to ensure that marketing and lead generation efforts remain agile and effective.
Key features include:
Discover the feature below.
Dynamic Bidding is more than just an automation tool—it’s a strategic approach that helps businesses refine their lead acquisition efforts for optimal results. By implementing this method and utilising Phonexa’s advanced bidding technology, companies can minimise wasted spend, prioritise high-value prospects, and drive long-term success.
Looking to improve your approach to lead acquisition? Discover how Phonexa’s Dynamic Bidding can help you achieve better results today.
If you’re a Phonexa client, contact your Customer Success Manager to start using Dynamic Bidding. New to Phonexa? Book a personalised demo of Dynamic Bidding and our full suite of solutions here.
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