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Bridge + Palmer
Freeman Group
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Bridge + Palmer
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Fortnightly Update: 26th March
11th Mar - 24th Mar
Search
Spend and traffic have increased by 15% this fortnight, in line with March's budget.
Lead volume also increased, going from 4 to 5.
4 of the leads came from the Generic terms 'apartments for sale' (3) and '2 bed apartments for sale' (1).
The remaining lead came from Brand related searches.
Social
Results across Social remained fairly consistent from last period, with 14 leads (compared to 15)
This sits at a $122 CPL (compared to $115 last fortnight).
After allocating more budget to the Lookalikes, it continues to achieve a strong performance, with 8 leads at a $ $107 CPL (compared to $167 CPL for Property Intenders).
The Retargeting audience has also performed well with 2 leads at a $91 CPL.
We have shifted the budget accordingly.
Lastly, the copy with the 'Starting at just $526,500' has performed best, achieving all the leads ($102 CPL).
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Fortnightly Update: 14th March
26th Feb - 10th Mar
Search
After slightly under pacing at the end of February, spend has increased by 20% this fortnight, with traffic increasing in the same proportions.
Generic terms contributed to most of the traffic once again, by 80%.
Lead volume went up from 0 to 4 this fortnight!
This sits at a very strong $109 CPL.
3 of those leads came from Generic terms, and 1 from Brand.
Social
Lead volume remained consistent this period, with 15 at a strong $115 CPL.
This compares to 16 leads at a $113 CPL last period.
In terms of targeting, while the Lookalikes usually perform best, we have seen the opposite trend with the Property Intenders achieving the lowest CPL of $74 (compared to $110).
Retargeting has not achieved any leads, we have shifted some budget out of that audience.
Lastly, the Building shots with the 'Starting at..' headline has achieved all the leads at a $97 CPL.
Edit Response
Fortnightly Update: 29th Feb
12th Feb - 25th Feb
Search
This fortnight spend has increased by 10%, with traffic increasing by 15%.
This is due to an increase in search volume, achieving almost 100 extra clicks this period.
Generic terms such as 'apartments for sale' contributed to most of the traffic this week, with 55%.
Unfortunately, no leads were recorded this fortnight.
Notably, Brand terms only achieved 4 clicks during the entire period.
As traffic from other terms is increasing though, we might see people coming back to the website via Brand terms at a later date.
Social
This fortnight, lead volume increased from 14 to 16.
This sits at a $113 CPL - compared to $127 last period.
This comes after pausing the Living creative which had a higher CPL ($140), as mentioned in last report.
In terms of targeting, the 3 audiences performed at a similar CPL this fortnight.
However, the Lookalikes have achieved the most leads.
Edit Response
Fortnightly Update: 13th Feb
29th Feb - 11th Feb
Search
This fortnight's spend and traffic remained consistent from the previous period.
Generic terms, such as 'apartments for sale', achieved most of the traffic (60%).
This is followed by Location & Surrounding Suburbs, each contributing to 20% of the traffic.
We have pushed bids for Location terms this fortnight, noting room in impression share as well as their historic conversion rates.
Unfortunately though, no leads have been recorded during that period.
Social
This fortnight spend increased by 15%, being the first full fortnight of normal spend following the Christmas downweight.
While spend has increased, we have seen traffic decreasing by 30% from last fortnight.
This is due to the CPM increasing by 30%, indicating more competition to show our ads.
Positively though, leads remained quite consistent, going from 16 to 14.
This sits at a $127 CPL.
In an attempt to decrease CPL, we paused the Exterior asset to give more spend to the Living creative, which had a lower conversion volume but at the most cost effective CP ($32).
Since then, its CPL has increased to $140, performing at a higher CPL than Exterior.
Therefore, we have paused Living and turned Exterior back on.
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