The Motley Fool
Acquiring cost-effective leads at scale
increase in leads
Quora Internal Data
Quora Internal Data
About The Motley Fool
The Motley Fool provides financial solutions for investors of every kind. Our products and services, whether free or fee-based, online or offline, are designed to help people take control of their financial lives.
A sustainable lead source
With millions of questions and answers being added to Quora monthly, The Motley Fool Australia’s team saw an opportunity to reach users in an engaged and inquisitive headspace. In particular, The Motley Fool’s team sought to drive quality leads and sales that met CPL and CPA targets.
Leveraging Quora to reach a high-intent audience
Quora’s unique audience and platform were key attributes that appealed to The Motley Fool Australia. Keeping Quora’s unique audience in mind, The Motley Fool worked closely with the Quora Ads team to determine topics and interests that would reach users who are likely to subscribe to their financial reports.
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Image ads at scale
An emphasis was placed on running multiple creatives simultaneously to determine which ones performed best in campaigns. Sam Fuller, The Motley Fool’s Direct Response Marketing Manager, recommends having enough creatives to test the effectiveness of different ad copies.
Be realistic & transparent
For businesses getting started on Quora Ads, Sam offers the following advice: 1. Be realistic when starting new channels and campaigns: “New channels and campaigns take time to find their groove. Don't be impatient and pull the pin after a few days. Be realistic in the targets and budgets that you set. I find it best to set these goals in partnership with your account team. The account team will be able to take on a more active role in helping your business achieve its goals if they help set them in the start.” 2. Be transparent in your working relationship: “Transparency is like respect, it's a two way street. Be open and honest with your account team about everything that is relevant. It's difficult for either party to work together towards a shared goal if important pieces of the puzzle are missing.”
47% lower CPAs overall
With help from their Quora Ads team, The Motley Fool Australia achieved stellar results on Quora. Compared to when they first launched, lead volume increased 111% while CPLs decreased 6%. In-session and overall CPAs also decreased 19% and 47%, respectively during the same time frame.
Success comes in all sizes
Read more Quora for Business success stories…
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Generating website conversions through targeted Image AdsLearn more
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