Case Study. Online school. Funnel repair.
Think Tank was paying about $297 per lead. Two weeks later, the same audience was producing leads at $4.82.
I first helped Think Tank build the beginning of its online education business into a couple of million. Years later, after the business had grown and then declined, they brought me back to fix the funnel, offer, and lead magnet system.
Why it mattered
Think Tank Training Centre had a serious acquisition problem.
They had been paying about 297 per lead on average, and sometimes as high as 1,400 per lead. For an education business, that is not just a media buying issue. It means the value exchange is broken.
The situation
I initially joined Think Tank to help them at the beginning of their online education push. We grew that to a couple of million.
Then I left. The company kept growing and reached around 11 million a year. After that, the business went downhill, and they reached back out to me to help fix things.
The conflict
The same audience was still there. The same market was still there. The problem was the path.
The funnel was asking for too much too early. The offer did not make the next step feel obvious enough. Students needed a useful first win before being routed into the bigger scholarship conversation.
What I did
I fixed the funnel, tightened the offer, and released a new lead magnet: a free Maya course that led into a scholarship path.
This was not a new audience trick. It was the same audience and the same people, but with a better value exchange and a cleaner conversion path.
Resolution
In two weeks, the average cost per lead moved from about 297 to 4.82.
The lesson: when paid traffic gets expensive, the answer is often not a new targeting hack. It is a better reason for the right person to raise their hand.
What this proves
- A good lead magnet teaches something real before asking for commitment.
- Offer clarity can change acquisition economics faster than channel changes.
- Funnel repair starts by asking what the user gets before the company asks for the sale.