Case Study

Saas | B2B

Environmental sustainability for business success

Summary

Up2You, a startup in the green tech world complete with B Corp certification, has made a name for itself in the environmental sustainability sector by providing digital tools to help companies go greener. At LTV, we took on the challenge of finding quality leads while keeping an eye on the financial bottom line. We shifted gears from a “Product-Led” strategy to a “Sales-Led” strategy, and this gave us a big hand in finding Sales Qualified Leads (SQLs) and getting people to understand the importance of sustainability.

The Challenge

We were faced with the not easy task of unearthing quality leads, especially SQLs, who were interested in talking to the sales team. It was crucial for us to find the right balance between investing in Marketing Qualified Leads (MQLs) and SQLs. And then, it was also imperative to get a clear and concrete message across about carbon neutrality and carbon footprint, to make the target audience better understand what sustainability was all about.

The Strategy

Let’s talk a little bit about our multichannel strategy, which has been the key to our success. We chose to use platforms like Meta, Google, and LinkedIn to make the most of what each platform can offer to each individual touchpoint.

Let’s start with Meta: it has been instrumental in getting Up2you’s value proposition out to a cold audience and with a residual part of the budget also for the high-frequency retargeting component. Despite some initial difficulties related to lead quality and tracking issues, we adapted our strategies and continuously optimized and achieved remarkable results.

Google Ads: Google Ads gave us the flexibility to adapt to changes in strategy, moving from “Product-Led Growth” to “Sales-Led Growth.” This shift required a complete overhaul of our strategy:

  • conversions
  • placements used by the campaigns
  • referral metrics

 

After an initial adjustment period and some performance ups and downs, the transition was passed excellently and we aligned our advertising campaigns with our new business goals. The use of advanced strategies such as Performance Max and the implementation of advanced, offline conversions have strengthened our ability to find quality leads using in a virtuous circle the corporate CRM we helped create and refine.

LinkedIn Ads: LinkedIn has proven to be a valuable platform for our lead generation, providing a targeted and qualified audience. Our campaigns on LinkedIn have allowed us to use different types of ads, from lead generation to thought leadership. Despite some initial difficulties, such as less effective video campaigns than Meta and adapting to the needs of “Sales-Led Growth,” LinkedIn has been an important channel for reaching the right audience and finding quality leads.

Why has LinkedIn Ads been so useful within our strategy?

It allowed us to go out and target a particularly on-target and actively seeking audience, which in our experience is about 15 percent of the total audience potentially interested in a BTB offering. In this way LinkedIn allowed us to go and structure an effective top-of-the-funnel strategy and generate “hot” leads at the same time.

The Results

The multichannel strategy to support the Up2you project produced extraordinary results, demonstrating the effectiveness of a multi-touch point strategy with content production designed and declined on each individual channel.

For the same invested budget, we achieved:

  • + 200% increase in unique sessions on site and landing page
  • an 80% Q/Q increase in both MQL and SQL generated leads
  • of these leads 46% turned into inserted negotiations of the sales team vipline


The significant traffic generated in the top of the funnel allowed us to have a range at the CPL level with a minimum of 15.27 and a maximum of 96 considering that the target audience was always btb with prevalent focus on decision makers in corporate sustainability.

We tended to have an average MQL of €21.19 and SQL of €60 with this multi-channel strategy.

Conclusion

Our multichannel approach has shown us how important it is to have a flexible, data-driven strategy. The integration of Meta, Google and LinkedIn allowed us to successfully implement a lead generation strategy while simultaneously doing awareness and education on the complex topic of corporate sustainability.
This allowed us to help position Up2You as one of the recognized leaders in its target market plus we left the internal marketing and growth team with a set of ready-to-use and replicable best practices and frameworks. The Up2you case shows us that the only secret to a successful btb lead generation project is to be able to continually adapt, experiment and optimize strategies based on the data collected, thus ensuring a lasting, meaningful and replicable impact on business performance.

What they think of us

"After our €3.5 million seed round, at Up2You we relied on LTV for rapid and effective growth. My experience with LTV has been revolutionary. Through innovative tool marketing strategies and agile experimentation, we multiplied budgets and results by ten in a very short time."

Participating in in-house training offered by LTV and helping to build best practices greatly enriched my professional approach. The effectiveness of LTV in enhancing our acquisition strategy was evident and immediate, radically transforming our approach to digital marketing."
MICOL BELLETTATI
HEAD OF MARKETING