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Case Study · Fintech

$52 per qualified lead, at volume the previous agency could not match.

A Series B fintech growth lead replaced an underperforming outbound agency with ReachIQ. Hundreds of thousands of personalized emails went out and the cost-per-qualified-lead landed at $52, all-in.

$52
All-in cost per qualified lead
100K+
Personalized cold emails sent
1
Replaced an outbound agency
DFY
Done-for-You retainer model
The setup

The agency math was not working.

Karlo runs growth at a Series B fintech. Outbound was already a real channel for the team. They had an agency running it, a real budget behind it, and meeting volume that was technically meeting the brief. But when Karlo looked at the cost-per-qualified-lead, the unit economics did not justify scaling spend further.

The brief was simple: send more, personalize more, and get the cost-per-qualified-lead down to a number that made it worth doubling the budget. The previous agency could do one of those three. ReachIQ was brought in to do all three together, on the same retainer, with full visibility into every email that went out.

The quote

In Karlo's own words.

"

Cost per qualified lead. We sent hundreds of thousands of personalized emails. Our previous agency couldn't match the unit economics.

Karlo B.
Karlo B.Growth Lead · Series B Fintech
How we did it

Volume and personalization, on the same retainer.

The fintech ICP is narrow and compliance-aware. Volume is meaningless without per-prospect personalization. Personalization is meaningless without enough volume to feed the funnel.

crisis_alert01

Re-scored the contact list

Pulled the existing list, scored every contact 0-100 for fit, and dropped the long tail. Volume went down on day one to lift quality.

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Three personalization angles

Per prospect, drafted by AI fine-tuned on B2B sends, reviewed for compliance language before any send went out.

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Recipient-optimized send times

Send time set per recipient, per channel, per step. No more Tuesday 9 AM blasts. Reply rates climbed off the cadence change alone.

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Weekly CPQL tracking

Cost-per-qualified-lead reported weekly. When a sequence dipped, it got rewritten. Nothing ran on autopilot for more than 14 days.

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