24 May Knowing The Lifetime Value Of A Lead
Knowing The Lifetime Value Of A Lead Can Transform Your Business
What is the lifetime value of a lead?
It’s the value of each lead that comes into your business based on the amount of sales you generate. Let me break it down for you even further…
Let’s say you sell $100k worth of business in one year. In that year you generated 1000 leads. So if you take the;
$100k / 1000 leads = $100 per lead
Each lead that came into your business that year was worth $100 to you by the end of the year. Hopefully that makes sense.
Why is this important?
This is an extremely important metric to follow if you want to run any type of marketing campaigns. Whether it be promotional gelpax, facebook ads, youtube ads, magazine marketing, radio, you get the point…
If you are tracking the amount of leads that come into your business from any given campaign then you can track how much they cost. If they cost less than $100 (in the example) to bring in, you are literally printing money!
Watch this short video below where I go deep into the LTVC philosophy and how you can make it work for your business today!
I hope you can see how useful this can be for your business! If you are looking for a way you can set this up for your business specifically then I can help. The first 3 people who apply will get a full execution plan on how they can setup this LTVC system for their business.
What’s included in this plan??
- A step by step guide you can use to setup a sales funnel on your website
- A template including all of the resources you will need to get started (they’re cheaper than you think)
- One video that I shoot featuring your website and breaking down what you can do to improve it
- An ad campaign plan that you can launch on facebook and youtube
And much more…
Remember, we are only accepting 3 applicants for this execution plan as time is limited. I wish I could do this for everyone but it’s just not possible for free.
I really hope you took a lot out of this video! Subscribe to our youtube channel here – follow us on Facebook here for weekly updates on how you can generate more leads and sales for your business.
Round ice packs, 3×5″ and 5×7″ are the best sizes for promotional use.