How Findem Supercharged Lead Generation with a Revamped Google Ads Strategy
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Introduction
Findem, an innovator in the HR technology space, sought to accelerate its customer acquisition and scale its lead generation efforts efficiently. The primary challenge was to increase the volume of high-quality leads without inflating the cost-per-acquisition (CPA), ensuring a sustainable growth model. To achieve this, Hop Online partnered with Findem to implement a forward-thinking, data-driven Google Ads strategy.
Our collaboration focused on two transformative initiatives: the strategic implementation of Google's Performance Max (PMax) campaigns and a pivot from a demo-only focus to a more inclusive lead magnet promotion. This two-pronged approach not only broadened the top of the funnel but also significantly improved key performance metrics.
Tested Initiative 1: Embracing Performance Max for Broader Reach
To move beyond the limitations of traditional Search campaigns, we introduced Performance Max. This allowed us to engage with potential customers across Google's entire advertising ecosystem—including YouTube, Display, Search, Discover, and Gmail—from a single campaign.
The PMax campaigns were primarily geared towards capturing users earlier in their research phase. By leveraging Google's machine learning, we could identify and target high-intent audiences who were actively seeking solutions related to talent acquisition and workforce planning, even if they weren't searching for branded keywords.
Execution:
Launched PMax campaigns with a focus on audience signals relevant to Findem's ideal customer profile, including business professionals and technophiles.
Continuously optimized creative assets and messaging to resonate with these segments.
Monitored performance closely, adjusting budgets to capitalize on opportunities and maintain a target CPA.
As seen in the April 2025 results, the PMax campaign quickly became a primary driver of conversions, spending $3,859 to generate 115 conversions at a lean CPA of just $33.6.
Tested Initiative 2: Diversifying the Funnel with Lead Magnets
Previously, the primary call-to-action was a direct "Request a Demo," which targeted bottom-of-the-funnel prospects. While effective, this approach missed a large segment of the market that was still in the learning and consideration phase.
To capture this audience, we shifted our PMax strategy to heavily promote valuable lead magnets, such as downloadable assets and industry reports. This allowed us to engage potential customers earlier in their journey, nurturing them into qualified leads over time.
Execution:
Identified Findem's most compelling content assets to use as lead magnets.
Tailored ad copy and landing pages to highlight the value of these assets.
Tracked both "Learn - Download Asset" and "Buy - Requested Demo" conversions to measure the impact on both the top and bottom of the funnel.
The results from April 2025 clearly demonstrate the success of this strategy. Of the 115 conversions driven by PMax, 105 were asset downloads, proving the high demand for educational content and effectively expanding Findem's marketing funnel.
The Results: A Clear Improvement in Conversion KPIs
The combination of these strategic initiatives delivered significant and measurable improvements in Findem's lead generation performance. By comparing March to April 2025, the immediate impact is clear:
Conversion Volume surged by 19%, from 109 to 130 conversions month-over-month.
Cost-Per-Acquisition (CPA) decreased by 23%, dropping from $49 to an impressive $38.1.
This demonstrates that by embracing PMax and diversifying the conversion strategy with lead magnets, Findem was able to acquire more leads for less spend, creating a more efficient and scalable engine for growth. The continuous monitoring and adaptation, as seen in the subsequent months, have allowed Findem to navigate market seasonality and maintain a strong performance trajectory.
Case Study Infographic • Google Ads
Findem: More Leads, Lower CPA — on Less Budget
A strategic pivot that accelerated efficiency: we expanded reach with Performance Max and built a full-funnel pipeline
using high-intent lead magnets.
+19% ConversionsApril vs. March 2025
-23% CPA$49 → $38.1 (Mar → Apr)
-83% YoY BudgetMore impact, less spend
1 Slide 1
The Challenge & The Solution
The Challenge
Scale lead generation for Findem’s HR platform by increasing conversion volume and reducing CPA —
while operating on a significantly reduced year-over-year budget.
Our Strategic Solution
Building on efficiency gains since January, we launched a multi-faceted Google Ads strategy in March 2025,
centered on two pillars:
1) Launching Performance MaxPMax2) Promoting Lead MagnetsAssets
2 Slide 2
Key Initiatives & Execution
1) Performance Max Launch (March 2025)
We deployed PMax to connect with high-intent audiences beyond traditional search. It immediately accelerated the
positive CPA trend and became a primary conversion driver.
Result: April 2025 = 115 conversions at $33.6 CPA
2) Lead Magnet Strategy
We shifted from promoting demos only to offering valuable downloadable assets — capturing a wider audience in the
“learning” phase and expanding top-of-funnel volume.
Result:91% of April PMax conversions were asset downloads
3 Slide 3
The Results: More Impact, Less Spend
The Big Picture
Our strategic pivot supercharged an already positive efficiency trend — delivering superior results while spending
dramatically less than the previous year.
YoY budget change
-83%
Achieved better outcomes while spending significantly less than the previous year.
Conversion volume
+19%
Increase in April conversions vs. March 2025.
Cost per acquisition
-23%
CPA decreased from $49 to $38.1 (March → April 2025).
Sustained CPA improvement
CPA steadily declined from January.
PMax introduction in March dramatically accelerated the trend.
Efficiency gains compounded through continuous optimization.
Full-funnel outcome
Lead magnets expanded reach among “learning-phase” prospects.
Asset downloads built a nurtured pipeline alongside demo intent.
PMax scaled efficiently across Google inventory.
Conclusion
By layering a full-funnel strategy on top of continuous optimization, we scaled Findem’s lead generation —
acquiring more customers at a fraction of the historical cost.