Case study

Klarna: Boosting monthly leads by 500%

To raise the performance of search advertising for its smart payment systems, Klarna came to Precis.

Result

500%

Increase in leads per month

500%

Increase in leads per month

80%

Decrease in cost per lead

80%

Decrease in cost per lead

86%

Increase in CTR

86%

Increase in CTR

Overview

Serving 25 million users and 45,000 merchants, Klarna partnered with us to optimise lead generation and performance. In 10 months, we boosted monthly leads by 500%, cut the cost per lead by 80%, and improved CTR by 86%, helping Klarna advance its global ambitions.

Our Approach
Success factors

Lead profitability boosted

During the first 10 months, we increased the average number of leads generated each month by 500% At the same time, we reduced the cost per lead by 80% – significantly boosting profitability.

A/B testing

Landing pages, banners, search terms and new Google features were continually A/B-tested. As a result, CTR increased by 86% which, together with new banner copy and landing pages, improved results and cut CPC by 33%.

A total restructure

By switching all markets to a granular account structure, we were able to analyse search behaviour market by market. This allowed us to gather data, take relevant action, and focus on optimization flow.

Our collaboration has been very smooth. It’s not just talk, they make it happen.

Helen Von Bahr

Senior manager, Digital channels

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