CASE

455 Leads in 6 Months with a Limited Audience: A Targeted Advertising Strategy That Delivers Results

Project type:
Real Estate Developer
Location:
Ukraine
Status:
Active Collaboration
Period:
September 2025 – February 2026

01. Description

About the client

The client, Budservice, a well-established real estate developer in Cherkasy, approached us with the goal of launching targeted advertising campaigns on Facebook and Instagram to promote the Ridnyi Dim residential complex.

Ridnyi Dim is a modern comfort-class residential development located in the quiet city center of Cherkasy. The project consists of five residential buildings featuring well-planned infrastructure, a convenient location, thoughtfully designed apartment layouts, individual heating systems, energy-efficient windows, and landscaped outdoor areas with recreational spaces, children’s playgrounds, and sports facilities.

The primary objective was to generate a consistent flow of high-quality leads for the sales department while increasing the project’s brand awareness within the local real estate market.

The campaign was built around a strategy of continuous hypothesis testing, supported by data-driven decision-making and ongoing optimization of advertising campaigns.

02. Results

6-Month

  • Advertising Budget: $3,570
  • Leads Generated: 455
  • Cost per Lead (CPL): $7.85
  • Qualified Leads: 46.81% (213 leads)
  • Cost per Qualified Lead: $16.76
  • Apartments Sold: 11
  •  

Additionally, during this period:

  • Tested 50+ ad creatives
  • Launched 27 advertising campaigns
  • The highest-performing campaigns remained effective for over 5 months

03. Realization

Geography & Audience

Initial Geo:

  • Cherkasy

Post-Scaling:

  • Cherkasy Region

Core Audience:

  • Families aged 25+
  • Men and families with children

  • Real estate investors seeking rental opportunities

  • People considering relocating to Cherkasy

Targeting:

  • Broad Audience

 

Campaign Type

Platform:

  • Meta (Facebook + Instagram)

Format:

  • Lead Ads (Instant Forms) 

04. Hypotheses

Key Hypotheses Tested

Due to the limited geographical targeting (Cherkasy and the Cherkasy Region only), the primary focus was placed on regularly refreshing ad creatives to prevent audience fatigue.

The key KPI was maintaining the target Cost per Lead (CPL) while keeping the share of qualified leads at 40% or higher.

Hypothesis 1: Regularly refreshing ad creatives would help maintain optimal CPM and CPL by preventing audience fatigue.

Hypothesis 2: Video creatives featuring real footage of the residential complex would generate higher-quality leads than rendered visuals.

Hypothesis 3: Creatives highlighting a specific price or installment payment options would generate lower-cost leads.

Hypothesis 4: Tailoring offers to different apartment types would improve campaign performance.

Hypothesis 5: Seasonal and promotional offers tied to holidays and special events would increase lead volume without raising CPL.

Hypothesis 6: Creatives incorporating strong hooks and psychological triggers would improve engagement.

Hypothesis 7: Replacing creatives once the ad frequency reached 2.0–2.5 would help stabilize the Cost per Lead.

Execution

  • Launched new ad creatives every 7–10 days.
  • Tested static images, videos, and carousel ads.
  • Used various call-to-action (CTA) approaches.
  • Tested different value propositions (price, location, investment value, and lifestyle).
  • Continuously evaluated lead quality in collaboration with the sales team.

Results

This approach enabled us to maintain a stable Cost per Lead while keeping the share of qualified leads at 40%+.

05. Creatives

Creative Formats Used

  • Talking-Head Videos
  • Voice-Over Videos
  • Residential Complex Video Tours
  • Static Banner Ads
  • 3D Renders
  • Lifestyle Photography
  •  

06. Top Performing Creatives​

Video Tour of the Residential Complex (No On-Camera Presenter)

08. Conclusion

This project demonstrated that even within a geographically limited market, it is possible to achieve consistent lead generation results while maintaining the target Cost per Lead (CPL) over an extended period. With the right strategy, targeted advertising remains highly effective, even when working with a relatively small audience.

The key success factor was a systematic approach to creative optimization. Regular testing of new formats, hypotheses, and advertising strategies helped prevent audience fatigue while maintaining stable conversion rates. Careful frequency management also played a crucial role, ensuring that potential customers were not overwhelmed with ads and allowing campaigns to remain effective over time.

In addition, continuous performance analysis and ongoing campaign optimization enabled us to scale the highest-performing strategies while quickly eliminating underperforming ones.

This case once again proves that sustainable success in targeted advertising is not the result of a single successful campaign, but of a data-driven process built on continuous creative testing, performance analysis, and ongoing optimization.

LIKE THE CASE?​

We have an offer for you – a 30-minute marketing strategy session with a marketing expert from the Adart agency, where you:

  • Learn how to attract targeted leads to buy real estate.
  • What advertising sources bring sales.
  • What advertising messages are effective.
  • What other non-standard approaches are there in advertising and selling real estate.
Consultation
Leave a request and we will advise you on all your questions
Strategic session with a marketing expert
  • How to attract targeted leads to buy real estate?
  • What advertising sources bring sales?
  • Website and quiz analysis
  • What advertising messages are effective?
  • What other non-standard approaches are there in advertising and selling real estate?
Consultation
Leave a request and we will advise you on all your questions
Strategic session with a marketing expert
  • How to attract targeted leads to buy real estate?
  • What advertising sources bring sales?
  • Website and quiz analysis
  • What advertising messages are effective?
  • What other non-standard approaches are there in advertising and selling real estate?
Audit of developers in the following areas
  • PPC advertising. Google ADS.
  • Targeted advertising. Meta ADS
  • Website and quiz analysis
  • Introduction to CRM. Recommendations for optimizing business processes
  • Audit of analytics and reporting systems
  • Video meeting with experts in different areas of the development company
A full informational presentation about cooperation with the Adart agency
  • Brief information about our experience
  • How we can help your real estate business grow
  • Examples of creatives or project implementation
  • Accurate statistical results you can get
  • Project start workflow
  • Full information about cooperation