N/A - Round Rock, TX, US
Does your current ad spend actually make sense for the results and ROI you are getting? Can you even measure your ROI at a glance? If not, keep reading. If you are just blindly paying for lead generation services (and many of you are), it might be time to re-examine the model you believe in when it comes to your ad spends. The current model used (overused) is the PPC (pay-per-click) model. The model that makes more sense these days is the PPR (pay-per-results) model. The difference it can make is huge when it comes to comparing the ROI each produces. When I first started researching the average cost of marketing via the PPC model for personal injury attorneys in Austin, TX, I was completely blown away by two (2) things: (a) the incredibly high cost per click for personal injury attorneys and (b) the sheer inability they have to truly calculate the true cost of acquiring a customer/client using the PPC model. If you were to search a site like Semrush.com, you would find that to rank for the term "personal injury lawyer austin tx" in an ad campaign, you would see that the cost is $181 per click! Now when you add in the statistics on CTR--click-through rates, here is what the stats are: The average CTR in AdWords is 1.91% for search and 0.35% for display. But average is just that: average. So, as a rule of thumb, a good AdWords click-through rate is 4-5%+ on the search network or 0.5-1%+ on the display network. - Wordstream.To be generous, let's say you have a 10% CTR (click-through rate) and paying $181 per click. To get an actual lead, you would need to get 10 clicks. 10 clicks at $181 would cost you $1,810 and all you would have is 1 lead! This is the way the cookie crumbles under the PPC model for lead generation.Under the PPR (pay-per-result) model, you (or the lawyer in our example) could pay $181 per lead (not click) and have 10 actual leads for the same $1,810 you spent for one lead. See the math? difference? Call 512-488-6373 to try PPR model now.
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