Think Big Studios
We help local businesses expand their brands online, using the latests tools and automations.
"I don't want to give too much away", "I don't like discounting." "Ads don't work".... I have heard it all.
This is a screenshot from a clients ad account this morning.
$3575 spent
1379 new leads
Let's say that 20% of these leads take us up on a very special offer that is $18. (20% is low)
That would mean that 205 new customers purchase= $3690 introductory offers sold. (Initial investment on ad spend is now covered)
NOW- here is where we look at the long game.
Let's say that we have systems in place to RETAIN these new customers for a year.
And let's say that the average $ spent by each new customer per year is $1,000 (again, this is low for most businesses)
That equals $205,000/YEAR!
#1- Dial in your offer. That will decrease your cost per lead and attract a steady stream of new customers.
#2- Dial in your follow up system so that you don't leak new leads.
#3- Dial in your retention/follow up system- so that your customers stay longer and come back more frequently!
We're Live - Join Us.
Tomorrow I'm going to be on the first episode of Snapshot Wars - we'll be building out a snapshot feature in 25 min, and seeing what we can come up with on a surprise task at the start of the show. If you want to catch us live, you can head here tomorrow:
Event is September 6th, 1:30pm EST.
LIVE LINK:
https://www.youtube.com/watch?v=mbTBMNv3nA4
Event Link:
https://www.facebook.com/events/742271538001527/?active_tab=discussion
Website:
www.snapshotwars.com/home
Snapshot Wars: GHL Gameshow 4 Snapshot Builders compete to build a snapshot in 25 minutes in front of a LIVE audience, and judgemental celebrity guests!