Generating Demand for a New Financial Product


Liquid Stock helps employees at pre-IPO companies unlock value tied up in their options and shares, without losing ownership of their shares.


Large financial transactions require a high level of trust. This is especially true when you’re introducing a new type of service that involves shareholder equity. Liquid Stock already had a pipeline of in-person referrals, but it needed a demand gen campaign to expand its pool of qualified leads. They turned to us for consumer behavior consulting.

The secondary market is complex and many shareholders are either unfamiliar with it or, worse, associate it with risk and/or disadvantageous terms. They came to us for consumer behavior consulting. We needed to create a digital marketing campaign that would educate users and build trust. Our methodical approach to consumer behavior consulting let us prove whether digital channels could work to convert leads.

Stage One: Channel Testing and Lead Generation

We created campaigns on social media and search channels.

The campaigns drove prospects back to the recently refreshed website which educated prospects on the new service and used comparison graphs so people could see for themselves the benefits and ask the hard questions. The campaign worked, receiving a high volume of leads.

But, volume isn’t always the goal. We needed to focus on quality, not quantity.

Stage Two: Improving Lead Quality with Channel Optimization

Although we had a consistent monthly lead volume, it was time to fine-tune. Liquid Stock didn’t need overwhelming amounts of leads per month; they needed a very specific, high quality prospect: a large shareholder in a pre-IPO company who was financially savvy and interested in converting stocks or exercising options without giving up ownership.

We adjusted the output by pausing the campaigns and audiences that were generating a large number of leads that didn't seem high quality. We also scaled back the channels to focus on AdWords for prospecting and the social channels for remarketing.

Generating Awareness of a Market

Because Liquid Stock’s financial service was a new concept within the secondary market, the keywords didn’t yet exist. Through consumer behavior consulting we created market awareness. We also built up a new market within search, pairing Liquid Stock’s ads with similar concepts and funneling people back to the website and social for education. Rather than rely on a buckshot approach for answers, our method of consumer behavior consulting lets us target specific roles and conditions.

Many clients say they would rather have higher quality over quantity. But not everyone is able to stomach it when the volume of leads suddenly dries up and you’re looking for the right one. Liquid Stock, however, kept the faith and it paid off.

After isolating and testing multiple channels, and continual optimization, the lead volume is steady, and, more importantly, the lead quality is high.

Results: Market Awareness and High Quality Leads in the Pipeline

Liquid Stock now has high quality leads in the pipeline as well as growing market awareness. In the first year of working together, we’ve not only generated an appropriate amount of leads, but ensured that they are high quality versus high quantity.

To protect client confidentiality, we agreed to not share specific metrics for this account, but we can say that Liquid Stock has already closed several 7 to 8 figure deals through the digital campaign, representing an attractive return on their ad spend.

  • Shirin Oreizy
    Shirin Oreizy
  • JoAnne Tobias
    JoAnne Tobias

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