Hi there,
Thanks for reaching out!
That's a good question you've asked, and it's one we see a lot. It's sensible to want to know when you've got enough data to make a call on a landing page. The short answer is that there isn't really a magic number for traffic before you can start making changes. The real answer is a bit more involved and tbh, it probably isn't about the traffic volume at all.
The problem is that focusing just on a number of visitors misses the bigger picture. You could send 10,000 visitors to a page, but if they're the wrong people, you've learned absolutely nothing of value and just wasted a load of money. The real goal isn't just to get 'a viable test sample', it's to get a viable test sample of your *ideal customers*. That's a completely different ball game and it's where most paid ad campaigns fall apart before they even get going.
So, I'm happy to give you some of my thoughts on how to approach this properly. We'll need to go beyond just traffic numbers and look at the whole system – who you're targeting, what a lead is actually worth to you, and whether your offer is even compelling enough in the first place. Get those bits right, and the question of 'how much traffic' becomes much, much easier to answer.
We'll need to look at who you're actually sending to the page...
This is the absolute first thing to sort out. Before you spend a single pound on ads, you have to be brutally honest about who you're trying to reach. Most people we talk to have a vague idea, something like "small business owners" or "marketing managers in the UK". That's not good enough. It's a recipe for generic ads that speak to no one and attract low-quality clicks that will never convert.
You need to forget the demographic profile for a moment. Your Ideal Customer Profile (ICP) isn't a job title or a company size; it's a nightmare. It's a specific, urgent, expensive problem that keeps them awake at night. What is the career-threatening disaster they're trying to avoid? What's the frustrating, broken workflow that's making their best staff want to quit?
For example, if you're selling a project management tool, your ICP isn't 'managers'. It's the manager who just got torn into by their boss because a major project went over budget and missed its deadline for the third time. Their nightmare is looking incompetent and losing the trust of their team and superiors. Your free report or guide needs to speak directly to *that* person and *that* pain. Not to 'managers' in general.
Once you know their nightmare, you can figure out where they live online. This is how you get quality traffic. It's not about targeting a broad 'business' interest on Meta. It's about finding the niche channels they trust.
-> Do they listen to specific podcasts on their commute, like 'The Diary of a CEO' or 'Acquired'?
-> Do they read industry newsletters like 'Stratechery'?
-> What software do they already pay for? HubSpot? Salesforce? Xero? You can often target users of these platforms.
-> What online communities are they in? Is there a specific Subreddit or a Facebook Group like 'SaaS Growth Hacks' they're active in?
This intelligence work is the foundation of any succesful ad campaign. On Google, it means you're not bidding on broad terms like "business advice". You're bidding on specific, high-intent keywords that show someone is actively looking for a solution, like "how to create accurate cash flow forecast" or "client onboarding checklist template". The person searching for that is already pre-qualified. They have the pain.
On Meta, it means layering interests. Not just "Small Business Owners," but people who are "Small Business Owners" AND are admins of a "Facebook Business Page" AND have an interest in "Xero" or "QuickBooks". This is how you start to filter out the noise and ensure the clicks you're paying for are from people who might actually download your guide and, eventually, buy from you. Without this work, any traffic test is meaningless. It's like asking a room full of random strangers for their opinion on a highly specialised piece of engineering equipment. Their feedback is worthless because they're not the end user. Your ad traffic is the same. Quality over quantity, always.
I'd say you need to figure out what a lead is actually worth...
Right, so let's assume you've nailed down your ICP and you know how to target them. The next question isn't 'what's a cheap cost per click?', it's 'how much can I afford to pay for a good lead?'. This is a bit of maths that terrifies a lot of people, but it's the single most empowering calculation you can do. It frees you from the tyranny of trying to get the cheapest leads and allows you to focus on getting the *best* leads.
This is all about Customer Lifetime Value (LTV). How much is one customer worth to you in gross margin over their entire relationship with your business?
Let's walk through it. You'll need three numbers:
1. Average Revenue Per Account (ARPA): What's the average amount a customer pays you per month or per year? Let's pretend you run a B2B service and the average client pays you £1,000 a month.
2. Gross Margin %: What's your profit on that revenue after accounting for the direct costs of servicing that client (e.g., your staff's time, software costs)? Let's say your gross margin is 70%.
3. Monthly Churn Rate: What percentage of your customers do you lose each month? Be honest here. If you lose 5 out of every 100 customers each month, your churn rate is 5%.
Now, we just plug this into the formula:
LTV = (ARPA * Gross Margin %) / Monthly Churn Rate
So, using our examples:
LTV = (£1,000 * 0.70) / 0.05
LTV = £700 / 0.05
LTV = £14,000
Here's a little table to make that clearer:
| Metric | Example Value | Description |
|---|---|---|
| Average Revenue Per Account (ARPA) | £1,000 / month | The average fee you charge a client each month. |
| Gross Margin % | 70% | Your profit margin on that revenue. |
| Monthly Churn Rate | 5% (0.05) | The percentage of clients you lose per month. |
| LTV Calculation | (£1,000 * 0.70) / 0.05 = £14,000 | |
So, in this scenario, every new customer you acquire is worth £14,000 in gross margin to your business. This number changes everything.
A healthy business model often aims for a 3:1 LTV to Customer Acquisition Cost (CAC) ratio. This means you can afford to spend up to a third of your LTV to acquire a customer. In this case, that's £14,000 / 3 = ~£4,666. Your CAC can be £4,666.
Now, let's work backwards to your free report. If you know that 1 in every 10 qualified leads from your report eventually becomes a customer, you can afford to pay up to £466 per qualified lead (£4,666 / 10). And if your landing page converts 20% of qualified visitors into a lead, you can afford to pay up to £93 per click (£466 * 0.20).
Suddenly that £5 CPC on Google or that £250 CPL from a hyper-targeted LinkedIn campaign doesn't look so expensive anymore, does it? It looks like a bargain. This is the maths that allows you to confidently outbid your competetion and buy the highest quality traffic. It tells you exactly how much data you can afford to buy for your test. Instead of thinking "I'll spend £200 and see what happens," you can think, "I can afford to spend up to £4,666 to acquire a single customer, so I will invest £2,000 in this test to get enough data from my *ideal* audience to get a statistically signficant result." This is how you run tests like a professional.
You probably should look at the offer itself...
Now let's talk about the 'free report or guide'. This is the most common lead magnet out there, and that's exactly the problem. It's expected. It's often boring. How many PDFs have you downloaded and never read? I'd bet quite a few.
The job of your offer isn't just to get an email address. Its job is to deliver an "aha!" moment. It needs to give the prospect a moment of undeniable value that makes them sell themselves on your expertise. It has to solve a small, real problem for them, for free. A generic guide often fails to do this.
Instead of "A Guide to Better Marketing," what if you offered a free, automated "Website Grader" that shows them their top 3 SEO opportunities in 60 seconds? Instead of a "Report on Financial Planning," what if you offered a "5-Minute Burn Rate Calculator" spreadsheet that lets them plug in their own numbers and see their runway? This is what we mean by value.
For a SaaS company, the gold standard is a free trial or a freemium plan. Let them use the actual product. One of our B2B SaaS clients saw huge success moving from a demo request to a free trial, eventually getting over 1,500 trials because the barrier to entry was so much lower.
For an agency or consultant, it could be a free, automated audit tool. Or a 15-minute pre-recorded video training on a very specific topic. For us, as a B2B advertising consultancy, it's a free 20-minute strategy session where we audit a potential client's failing ad account. We solve a small problem (diagnosing the issue) to earn the right to solve the big one (fixing it).
The problem with a low-value offer is that it poisons your test data. If your guide isn't compelling, your landing page conversion rate will be low no matter how pretty it is or how good the copy is. You might conclude "my landing page is broken" when in fact, your *offer* is broken. I've seen clients struggle to get a 2% conversion rate on a guide, then switch to a simple checklist or a template and suddenly see 25-30% conversion rates. It had nothing to do with the page design or the traffic, and everything to do with the perceived value of the offer.
Before you even think about test sample sizes, ask yourself: Is this guide truly solving a painful, urgent problem for my ICP? Is it something they would feel stupid *not* to download? If the answer is no, fix that first. It'll have a bigger impact than any button colour change you could ever test.
You'll need a proper testing structure...
Okay, so you've defined your ICP by their nightmare, you know what a lead is worth, and you've got an offer that delivers a genuine "aha!" moment. NOW we can talk about testing and traffic.
First, forget the idea of just running one campaign to a landing page. You need to structure your campaigns by intent, mirroring a sales funnel. This is how we structure accounts for nearly every client, from eCommerce stores to B2B software firms.
1. Top of Funnel (ToFu) - Cold Traffic: This is where you target your ICP based on interests, lookalike audiences, or keywords. The goal here isn't necessarily an immediate conversion. It's to introduce them to your brand and the problem you solve. You might run video ads here because you can build retargeting audiences of people who watch a certain percentage of the video – a great signal of interest. The goal is to generate clicks from the *right* people.
2. Middle of Funnel (MoFu) - Warm Traffic: This is your retargeting campaign for people who have shown some interest but haven't converted. This includes: website visitors, video viewers, people who engaged with your social media page. Here you can be a bit more direct with your offer. They know who you are; now it's time to get them to take that first step.
3. Bottom of Funnel (BoFu) - Hot Traffic: This is for people who got very close but didn't convert. They visited the landing page but didn't submit the form, or they added a product to cart but didn't buy. These are your hottest leads, and you should be retargeting them aggressively with testimonials, case studies, or a special incentive to get them over the line.
By seperating your campaigns like this, you can tailor your message and budget to the audience's temperature. It also means you're not judging a cold traffic campaign by the same standards as a hot retargeting campaign. We've seen so many people turn off what could have been a brilliant ToFu campaign because its direct CPL was higher than their BoFu campaign. Of course it was! Thier jobs are different.
Now, for the actual test on your landing page. How much traffic? It depends on what you're testing. If you are testing two completely different landing pages – a completely new design, headline, and offer – you'll see a winner emerge relatively quickly. You might only need 50-100 conversions per page to see that one is clearly outperforming the other by a large margin.
But if you're testing a small change, like the colour of a button or a minor tweak in the copy, you will need a *lot* more data to get a statistically significant result. You might need thousands of visitors and hundreds of conversions to be sure that a 2% uplift isn't just random chance. Honestly, for most businesses, these micro-optimisations are a waste of time until you're operating at a very large scale. Focus on the big swings first: the offer, the headline, the core message. That's where you'll find your 10x improvements, not in changing a button from green to orange.
So, to finally answer your question: start with a budget you're comfortable with based on your LTV calculations. Aim to get at least 100 conversions on your landing page from your highest-quality traffic source. If you can't get 100 conversions with a reasonable spend, then your problem is much bigger than the landing page. It's likely your targeting or your offer. If you *do* get 100 conversions at, say, a 20% conversion rate (meaning 500 visitors), you have a solid baseline. You can now test a major change on a new page variation and see if you can beat it.
This is the main advice I have for you:
| Step | Action | Why It's Important |
|---|---|---|
| 1. Define Your Target | Stop thinking about demographics. Define your Ideal Customer Profile (ICP) by their most urgent, expensive 'nightmare' problem. | Ensures you attract high-quality traffic that is actually interested in your solution, making any test data meaningful. Prevents wasting money on clicks from the wrong people. |
| 2. Do The Maths | Calculate your Customer Lifetime Value (LTV) and determine a target Customer Acquisition Cost (CAC). | This tells you how much you can afford to spend to get a lead, freeing you from a 'race to the bottom' on cost and allowing you to invest confidently in acquiring quality traffic. |
| 3. Upgrade The Offer | Ensure your 'free report' provides a genuine "aha!" moment. Consider a tool, template, or checklist that solves a small, real problem instantly. | A high-value offer is the biggest lever you have to increase conversion rates. A weak offer will make even the best landing page fail. |
| 4. Structure For Success | Build seperate ToFu, MoFu, and BoFu campaigns to target cold, warm, and hot audiences with different messages. | Allows you to nurture leads effectively and stops you from making bad decisions, like turning off a good awareness campaign because it doesn't convert like a retargeting one. |
| 5. Run The Test | Set a goal of at least 100 conversions on your page from your best traffic source. Focus on testing big changes (headline, offer) before small ones (button colour). | Provides a statistically relevant baseline to test against. Focuses your effort on changes that will actually make a difference to your bottom line. |
As you can probably tell, running paid ads effectively isn't just about launching a campaign and watching the traffic roll in. It's a complex system where the targeting, the maths, the offer, and the testing methodology all have to work together. Getting one part wrong can invalidate all your efforts and lead you to the wrong conclusions, costing you a lot of time and money.
It's about understanding the deep psychology of your customer and building a machine that finds them and persuades them, profitably and at scale. This is where having an experienced hand to guide the process can make all the difference. We do this day in, day out, and we've seen what works and what definately doesn't across dozens of industries.
If you'd like to chat through your specific situation and have us take a look at your strategy, we offer a free, no-obligation initial consultation. We could walk through this in more detail and give you a clear, actionable plan to move forward.
Regards,
Team @ Lukas Holschuh