How we helped Toggl 2.6x deal values from paid while cutting spend by 52%

-52%
total ad spend
+159%
increase in deal value
+38%
LTV:Ad Spend ratio

About Toggl

Toggl is a suite of work management tools used by millions worldwide, best known for Toggl Track—one of the most popular time tracking solutions for businesses.

With a strong organic growth engine and established product-market fit, Toggl's marketing team was ready to make paid acquisition a reliable, defensible growth channel.

The challenge

Toggl had never built an in-house paid team. For years, they'd relied on external agencies to manage PPC, but the results had leadership questioning whether paid was even worth the investment.

When Elizabeth Thorn, Head of Marketing, assessed the situation, the picture wasn't encouraging. The previous agency was running Google Search ads with loose targeting, stale creative, and almost no experimentation. Basic account management tasks weren't getting done. Results were flat. And the internal conversation was shifting from "how do we make paid work?" to "does paid even work for us at all?"

"Our CRO wasn't sure if this was even a channel we needed to be investing in," Elizabeth recalls. "Switching agencies was more of a last-ditch effort to prove that paid could work for us."

Hiring a full-time paid specialist wasn't an option either—it's hard to justify headcount for a channel you can't prove is delivering. Toggl needed an agency that could come in, build something that actually produced pipeline, and give the team the evidence to defend the investment internally.

Our approach

Toggl's previous paid setup was narrow—mostly Google Search, loose targeting, and little experimentation. We rebuilt the strategy from the ground up: tighter audience segmentation, refreshed creative and messaging, and expansion into LinkedIn, Reddit, and YouTube.

The combination of a more structured approach from our side and clearer strategic direction from Toggl's team meant we could move faster and hit harderEen on a reduced budget.

Here's how we did it.

Structured onboarding and tighter targeting

The previous agency had operated with loose audience definitions and vague direction. We started differently—with a thorough onboarding process to map Toggl's ICP, refine messaging, and define exactly which segments to target.

Elizabeth's team also came more prepared this time around, with clearer direction on who they were targeting and what messaging was working. The combination of that clarity from Toggl and tighter strategic execution from our team meant campaigns were built with precision from day one.

"Targeting was really, really loose with the previous agency," Elizabeth notes. "When Hey Digital set up the campaigns, the audiences were better organized, better targeted. We targeted fewer people, but they were more qualified."

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Creative experimentation and new channels

One of Toggl's biggest frustrations was the previous agency's unwillingness to experiment. They wanted a team that would take their brand voice and turn it into something genuinely engaging, not just manage campaigns on autopilot.

We brought that creative energy. Beyond optimizing Google Search, our team expanded into LinkedIn, Reddit, and YouTube—channels Toggl's previous setup had barely touched.

"We knew paid isn't just Google Search ads, it's so much more," Elizabeth says. "We were looking for experience in other channels, or at least a willingness to test. Hey Digital gave us both."

Collaborative strategy, not spoon-fed execution

With the previous agency, Toggl felt like they had to dictate every move. With us, the dynamic shifted to genuine collaboration.

"I could explain to the team what we wanted to achieve, and they'd come back with ideas about which channel or ad format might work best," Elizabeth explains. "That's the whole point of paying for an agency. You want expertise, not just execution."

Structured processes backed it up. Weekly reports, mid-month decks, organized Slack communication, and a clear review workflow meant nothing fell through the cracks—and Toggl's team could do their part quickly without chasing updates.

"Even from the pitch stage, our CRO said it was the best agency deck he'd ever seen," Elizabeth says. "And then the onboarding, the reporting, the Slack communication. If it's that organized before you even start working together, you trust it's going to be even better once you do."

Results

Comparing January to August 2025 (with us) against January to August 2024 (with the previous agency), the numbers tell a clear story. Even on a significantly reduced budget.

52% reduced ad spend

We worked to minimize wasted budget and brought spend down to $133,881 from $279,863, while improving every efficiency metric that mattered.

LTV: Ad Spend ratio up from 6.63 to 9.17

A calculation of expected lifetime value of a new customer vs. ad spend to acquire them. A 38% improvement.

3 won deals from paid

The same number in each period, while spending half as much on ads. Cost per closed won deal reduced from $93,287 to $44,627—a 52% decrease.

Closed won deal value increased by 159%

Won deal value rose 2.6x from $34,555 to $89,740. Meaning ads suddenly became a profitable growth channel.

CPO dropped 41%

Cost per Organization (CPO) created in Toggl reduced from $0.44 to $0.26. Companies now in their CRM for ongoing nurture.

CPS dropped by 17%

The cost to get an organization to add a subscription (CPS) dropped from $48.44 to $40.02, a 17% drop to acquire high-intent prospects.  

The quality story goes beyond the topline numbers. Of the qualified leads that entered Toggl's sales pipeline in 2025, they closed 100% of them—a dramatic improvement in lead quality driven by tighter targeting and more intentional campaign strategy.

"I was able to send the year-over-year data to our CRO, and his response was clear: paid is obviously a channel that works for us," Elizabeth says. "When it's done right, it works."

The ultimate proof of what we built? Toggl has since brought paid management in-house—not because we weren't delivering, but because the foundation we laid made it possible to justify the investment.

"I don't think we would have been able to argue to our CRO that bringing paid in-house was even possible if we didn't have the foundation Hey Digital set up," Elizabeth explains. "That's kind of the point of a good agency—eventually, you have the confidence to own it yourself."

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