This case study consisted of attempting to do lead generation off of mobile devices. What I did was set up a campaign on Admob.com in a highly competitive market to test the response. I used Admob’s built-in lead generation form to design my landing page, so I didn’t have to create my own mobile compliant landing page.
I set up a budget of $250, which only took me 12 hours to deplete and here were the results:
Impressions served: 1,328,737
Clicks: 3,456
CTR: 0.26%
Avg. CPC: $0.07
Valid Leads Generated: 280

I initially started my bids at $0.10, but the traffic was coming fast and furious, so I dropped it to $0.05.
Like I mentioned, this was an extremely competitive market and it cost me an average $0.89 per lead. Now you may think that this is expensive, but I was asking for FULL address information. So I asked for name, address, city, state and zip code. I now have a list of 280 valid addresses for this market.
Note: You will NEVER get $0.05 on Google, Yahoo or MSN for this market… trust me!
There are many possibilities that i can do with this list, such as selling it to an offline broker or monetizing it myself.
I have some plans for my new find list and will keep you updated on the progress, but so far I am in the hole $250.
Or you could say, I have invested $250 into this mobile marketing campaign.
I will keep you updated.
Gauher