Setting your company up for success
SECTION 3 OF 4
Some marketing channels are less expensive now because of decreased competition
Many marketing channels are rapidly becoming cheaper because other contractors are reducing their spend. This is a great opportunity to identify high-performing channels where you can get even more leads and revenue for a relatively cheap price. Many contractors are reporting that their cost per click (CPC) on Google Ads is nearly a third of the price now, creating an increased opportunity for quality leads through Google.
We recommend that your business review the cost for each of your marketing channels. For marketing channels like TV, radio, direct mail, etc. where costs are not updated in real-time, call the vendor and negotiate lower prices in order to generate more value. Many contractors have been able to negotiate getting double the coverage (for example, twice as much airtime on TV, twice as much direct mail distribution, etc.) for half the cost.