Case Study
Meydan Free Zone
Delivering Performance & Trade Licenses
Lead Generation
Meydan Free Zone, located in Dubai, UAE, is a thriving economic district known for its cost-effective business setup solutions, attracting global entrepreneurs and investors.
WHAT OUR PARTNERS HAVE TO
SAY ABOUT US
“John and his team at HOP have been excellent. The
Performance Marketing Dept and SEO Dept run like
clockwork spewing out amazing results.
The team is thorough and passionate about the work they
do, it’s visibly evident.
Couldn’t have asked for a better partnership.
This is an A team⭐⭐⭐⭐⭐”
– Anisha Sagar
Head Of Marketing Communications
Meydan Free Zone
THE CHALLENGE
When Meydan Free Zone approached us, they were struggling with low-quality leads and aiming for international expansion while maintaining conversion rates.
The objectives were to –
- establish itself as the top choice for regional and global investors and entrepreneurs
- increase revenue by selling more business licenses
- increase no. of monthly opportunities from 4000 to 6000 in 6 months
- maintain the CPL (MQL) at AED 69 similar to the previous period
- scale budgets while maintaining a steady conversion rate (MQL – Closed sales) at 2.5%
- reduce the Customer Acquisition Cost (CAC) by 25% as compared to the previous period
THE SOLUTION
The strategy centered on increasing daily leads and opportunities through Google Ads & Meta localized campaigns, A/B testing on landing pages, tailored ad content, and continuous performance enhancements.
We implemented the following measures –
- Conducted thorough audience research and segmentation, utilizing insights from Team Meydan and market research to segment the target audience based on factors like industry, job roles, demographics, and more.
- Crafted detailed buyer personas to guide ad campaign messaging and targeting.
- Created high-quality, audience-tailored content and SQL-optimized landing pages.
- Tailored content to local languages for geo-targeted campaigns in English, Arabic, Turkish, and Russian.
- Implemented A/B testing to refine ad creatives, landing page elements, and call-to-action buttons.
THE IMPACT
We achieved astounding results, directly impacting revenue, surpassing competitors, and exceeding both our goals and client expectations. This also led to this project being an award-winning campaign.
Here is an overview –
- Exceeded the MoM Opportunities (SQL) target by 3959 more SQLs, a 13.6% increase.
- Reduced the Cost per MQL to AED 29 from AED 69, a decrease of 58%
- Boosted the MQL to Closed Sales Conversion rate from 2.5% to 4%
- Reduced the CAC to AED 741 from AED 2723, a reduction of 73% (Target: Reduce by 25%)
- Increased no. of Closed Sales by 854% as compared to the previous period, showcasing high lead quality.
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