Initial Analysis
There was investment in paid media, but the campaign structure wasn't effectively moving the funnel.
The channel used was Meta Ads, with interest-based targeting that was too broad, (without purchase-behavior targeting, without remarketing audiences segmented by depth of site visits, without lookalike audiences built from converted buyers). The result was an apparently acceptable CPL but with a very low qualification rate, a volume without intent.
Google Ads was underinvested, without Search campaigns structured by search intent nor by property type, nor by location, nor by funnel stage. In addition, there was no ROAS control nor clear attribution between channels.