Wicked releases new mission control report with help from our partners at Google
Today Wicked Reports announced the beta release of an entirely re-imagined Mission Control report...
ClickFunnels is a SaaS website and sales funnel builder for entrepreneurs. The majority of their revenue is through recurring subscription sales.
The company was looking to scale their paid advertising and also increase the revenue they were seeing from email and organic marketing.
Using Wicked Reports, ClickFunnels was able to choose winning ad campaigns and scale their ads to 10X the revenue in just two years.
ClickFunnels was investing in paid ads to increase their revenue, but struggling to scale those ads.
They chose Wicked Reports because they wanted to identify insufficient advertising spend and track revenue to ad spend accurately.
ClickFunnels did not full trust other tracking platforms - with good reason.
Facebook and Google both have incentive to take credit for every sale they can - even sales they shouldn't be credited for.
Wicked Reports provides accurate attribution for sales at every level of the funnel from first-click to last-click.
Increased Facebook Ad ROI by 236%
Increased Monthly Revenue From Paid Adverting by $1,208,243.
Increased Revenue From Email by 18X
ClickFunnels chose Wicked Reports to connect their ads to specific sales, so they could measure the long-term ROI of paid campaigns.
Being able to see attribution outside the typical 28-day attribution window allowed them to see more accurately which campaigns were converting customers who took longer to purchase.
ClickFunnels was able to use the Wicked Reports New Lead Cohort Report to see the improvements of their marketing efforts over time - they could see LTV increasing month-to-month as they optimized their ads not just for CPL but with a focus on bringing in high LTV customers.
This is especially important for a subscription service company like ClickFunnels, where recurring revenue from loyal customers is critical to growing their business.
Wicked Reports is the only attribution software that automatically tracks recurring revenue and differentiates it from new sales. Our competitors either track it all together, rely on uncertain algorithms like a range of dates for a second sale, or require you to manually tag recurring sales.
From the New Lead Cohort Report is is easy to see how ClickFunnels has been increasing their LTV over time.
Increased LTV means not only that they are bringing in high quality leads, but also that they are delivering a superior product that matches their marketing messaging, so people stay with the company and remain subscribers for years.
ClickFunnels didn't just focus on bringing in leads.
They converted those leads to paying customers, those customers into high LTV long-term subscribers, and those subscribers into affiliates who promoted their product.
We can't emphasis enough here at Wicked - our clients that truly excel and grow to 7+ figures a month are the clients who focus on delivery, customer service, and turning exemplary customers into superfans who bring them more high LTV customers.
ClickFunnels is phenomenally successful at this - delivering a superior SaaS product and continuing to grow without having to exponentially scale ad spend.
Using Wicked Reports, ClickFunnels can see the fruit of this labor and focus on spending ad budget only on targeted, proven campaigns rather than wasting money on a shotgun approach.
ClickFunnels business characteristics makes Wicked Reports the only attribution software that does everything they need to accurately track revenue.
Wicked Reports is the only solution that connects lead generation to high value customers over time using 1st party CRM and sales data.
Wicked Reports has given us increased insight into return on ad spend, which is otherwise a hard number to come to. It ties back revenue to very specific advertising efforts. This has increased our revenue overall and decreased our wasted ad spend.
- John Parkes, ClickFunnels
With accurate conversion data from Wicked Report, ClickFunnels successfully scaled their ad campaign revenue by 40X.
Implementing Wicked Reports resulted in an extra $35 million in profit their first year and $47 million in additional profit in their second year as a Wicked Reports client.
I would recommend Wicked Reports to any business that is actively advertising on Google, Facebook, or through emails and feels like they have inaccurate or insufficient insight into their advertising performance.