Use sales lead measurement to track, measure and revise
McCarthy & King Marketing helps clients set up and improve the tracking and measurement of their sales lead programs – then uses their response data to revise and improve their programs.
We all pay lip service to measurement and ROI, but how many do it in a meaningful way. Let us show how you can take some simple steps to track all of your lead generation activities in an effort to move forward with smart, confident decisions.
We can help you determine which metrics are important to your sales process – and which are nothing more than a distractio
Options for lead measurement
There are many ways to look at the results of your marketing, but not all of them will provide equally useful information.
|Response Rates||The most common and basic method for measuring direct mail. But it’s too simplistic to be of much use because it doesn’t take in account lead quality or the cost per lead.|
|Order Rates||An absolultely reliable metric that indicates what percentage of people actually responded with a purchase.|
|Qualified Lead Rates||When sales sycles are too long to determine an order rate, the qualified lead rate tells you what percentage of your leads are actually qualified to become customers. Need to define a lead first.|
|Conversion Rates||When you want to isolate the performance of your landing pages, the conversion rate will tell you what percentage of your landing page or website visitors convert into leads or customers.|
|Customer Acquistion Costs||When your margins are tight, this is a critical measurement. But if you’re not making a profit, don’t be discouraged. Sometimes, it takes a second or third sale to produce a profit.|
|Lifetime Value||On average, how much will a customer spend with you over a lifetime? Statisically, you should be able to determine how much is spent per year and how many years a customer will stay with you.|
|Return on Investment||It’s the ultimate measure of your marketing efforts, but understand that negative ROIs for a single program can still produce a long-term ROI.|
Learn more about our Lead Measurement services
If you’d like to learn more about our Lead Measurement services, call Bob McCarthy at 508-473-8643 or email@example.com.
Working with us
If you are interested in working with us, we offer two types of service engagements – monthly Programs and individual Projects.
Programs are best used for continuing work involving multiple marketing activities. Projects are a good way to get started and get acquainted.
Resources related to Lead Measurement
Article – Should we believe those response rates?
Article – How do you define a sales lead?
Article – The big picture of lead generation
Report – Step by Step Lead Generation and Lead Nurturing