Alumni Ventures Double Leads With Marin’s Budget Optimization
15 Noviembre 2023 - 3:20PM
Business Wire
Intelligent budget allocation helps the leading venture firm
increase volume 97% while decreasing cost per lead
Alumni Ventures, a leading venture capital firm, was looking to
improve the performance and consistency of its lead generation
program for acquiring new investors across Facebook and LinkedIn.
They used Marin Software’s budget optimization tools to automate
the prediction of campaign performance and setting of cross-channel
budgets. This resulted in dramatically accelerated paid media
campaign performance.
“Marin intelligently optimized our budgets and bids, causing
lead volume to double over the last six months. And since it’s all
automated, Marin has eliminated hours of manual work so my team can
focus on driving strategic value for the company,” said Luke Antel,
COO of Alumni Ventures.
Since they started using MarinOne’s AI-powered optimization and
automation capabilities, Alumni Ventures has achieved exceptional
year-over-year performance gains such as:
- 97% increase in the number of leads generated
- 33% reduction in the cost per lead, reflecting efficient and
cost-effective operations
- 60% lift in impression volume, demonstrating increased
visibility and engagement
- 96% boost in click volume, indicating strong interest and
interaction from their target audience
These outstanding achievements underscore how Marin Software's
full-stack platform empowers performance marketers to drive growth,
increase efficiency, and improve their return on ad spend.
“Marin Software is proud to be part of Alumni Ventures' success
story and remains committed to delivering cutting-edge solutions
that drive growth and innovation for our clients,” said Chris Lein,
CEO of Marin Software.
To learn more about Marin’s advanced optimization functionality,
visit https://www.marinsoftware.com/lp/ascend.
About Alumni Ventures
Alumni Ventures is the #1 most active venture firm in the US
(PitchBook 2022) and America’s largest venture firm for individual
investors. They believe in the power of networks, and their network
is uniquely broad and deep. The 600,000+ members of our community
are the source of their capital, deal flow, and value-add services
to their portfolio companies.
About Marin Software
Marin Software Incorporated’s (NASDAQ: MRIN) mission is to give
advertisers the power to drive higher efficiency and transparency
in their paid marketing programs that run on the world’s largest
publishers. Marin Software offers a unified SaaS advertising
management platform for search, social, and eCommerce advertising.
The Company helps digital marketers convert precise audiences,
improve financial performance, and make better decisions.
Headquartered in San Francisco with offices worldwide, Marin
Software’s technology powers marketing campaigns around the globe.
For more information about Marin Software, please visit
www.marinsoftware.com
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version on businesswire.com: https://www.businesswire.com/news/home/20231115137312/en/
Media Contact Wesley MacLaggan Marketing, Marin Software
(415) 399-2580 press@marinsoftware.com
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