BIOHAVEN
Building Social Audiences To Improve Clinical Trial Recruitment
62%
Increase in qualified leads
250%
Increase in Connect-to-Site conversions
69%
Decrease in cost-per-result
Services
62%
Increase in qualified leads
250%
Increase in Connect-to-Site conversions
69%
Decrease in cost-per-result
Services
The Challenge
Biohaven is an innovative pharmaceutical company collaborates with ADM on clinical trial recruitment campaigns for an investigative condition-specific medication. Clinical trial recruitment requires a large volume of high-quality leads, and Meta advertising is often a valuable tool for bringing in the trial subjects that healthcare companies need. In the first half of 2022, however, the pharmaceutical company’s Meta campaigns were under-pacing. Cost-per results were high, leading them to fall slightly short of their goal of 70 connect to site (CTS) conversions per month. With a capped budget, spending our way to more conversions would not be an option.
The Solution
Needing to increase efficiency, ADM’s solution was to “stack” audiences that had proven fruitful in past testing in order to create a larger audience that gave Meta more information to optimize from. The audience was created by stacking past website visitors, page viewers, and social media engagers into a single audience. While segmenting these audiences can give more granular control of the budget or messaging each receives, in a post-iOS-update world, finding ways to broaden targeting often leads to better results.
By stacking effective retargeting audiences atop each other, Meta’s machine learning was given more data to quickly and accurately learn the user tendencies that would best predict a fit for the program. This allowed them to spread awareness to potential patients about a clinical trial that may prove beneficial to them.
The Results
After stacking the audiences, the following year-over-year results were achieved:
- 69% decrease in cost-per result
- 62% increase in qualified leads
- 250% increase in Connect-to-Site conversions
The success of this method opened the door to further implementations, encouraging us to replicate the technique with our lookalike audiences for prospecting and allowing us to continually utilize the client’s spend more efficiently.
Let’s work together.
Get in touch with our team today to see how we can take your marketing to the next level.