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327 – How does Builder Funnel Measure ROI for Clients

⏱️ 14:26 🎀 Spencer Powell
AUDIO EPISODE
327 – How does Builder Funnel Measure ROI for Clients
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Chapters

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  • 0:00
    Measuring ROI for Clients
    The host introduces the topic of how Builder Funnel measures ROI for its clients, focusing on key numbers and smarter decision-making.
  • 1:16
    Understanding Gross Margin ROI
    The formula for ROI is explained as marketing investment versus gross margin dollars generated, highlighting why gross margin is more critical than revenue.
  • 3:24
    Long-Term ROI Growth
    The discussion covers how ROI often starts slow in the first 6-12 months but accelerates significantly over years as marketing assets mature.
  • 9:58
    Connecting Data to Profit
    An anecdote from a workshop illustrates how tracking gross margin helped a client understand their true cost of acquisition and value of customers.
  • 12:04
    Implementing ROI Tracking
    Practical steps are provided for contractors to track lead sources and attribute gross margin dollars to specific marketing channels using technology.

Speakers

S
Spencer Powell
Host

Key Takeaways

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Prioritize tracking gross margin generated from marketing, not just revenue, to understand the true profitability of your marketing investment.

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Be patient with marketing ROI; initial returns may be low, but consistent effort builds assets that yield significant returns over time.

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Implement technology (like HubSpot or similar CRM tools) to accurately track the original source of every lead and its journey through your sales process.

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When a project closes, attribute its gross margin dollars back to the specific marketing channel that generated the initial lead to evaluate channel effectiveness.

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Use ROI data to confidently scale successful marketing campaigns and eliminate underperforming ones, rather than making decisions based on guesswork or emotion.

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