Financial Advisor Marketing Podcast

How I’m Generating Thousands Of Leads For 93 Cents Each

May 12, 2025
Discover how to drastically cut lead costs from $9.38 to just 93 cents through clever advertising strategies on Facebook. Learn the critical mistakes many financial advisors make that hold them back. Uncover the 20-20-20 rule to optimize your marketing efforts and reduce expenses significantly. Explore how to avoid the 'Artist Trap' that stifles marketing motivation. Gain insights on market selection to make your services more appealing and find out the three essential steps to outshine competitors in the financial sector!
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ANECDOTE

Discovery Playbook Quick Success

  • James Pollard created a simple 27-page PDF called the Discovery Meeting Playbook on a morning and shared it on LinkedIn.
  • Within 48 hours, over 500 financial advisors requested the PDF with no cold outreach needed.
ANECDOTE

Extensive Testing Slashes Costs

  • James tested 20 headlines, 20 images, and 20 posts for a Facebook ad campaign, creating thousands of potential combinations.
  • This extensive testing reduced the cost per lead to just 93 cents, drastically improving campaign performance.
ADVICE

Let Ads Run for Best Results

  • Launch your ads and then step away to let Facebook's algorithm optimize.
  • Avoid shutting down ads prematurely before enough data accumulates to improve performance.
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