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How Much Can Your Remodeling Biz Afford to Spend on Marketing? (Hint: it’s not X% of revenue)

πŸ“… September 30, 2025 ⏱️ 57:37 🎀 Kyle Hunt, Spencer Powell

Chapters

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  • 0:45
    Marketing Spend Reimagined
    Kyle introduces the core topic: how much remodelers should spend on marketing, challenging the traditional percentage-of-revenue approach.
  • 8:50
    Understanding Customer Value
    Spencer explains the importance of calculating the gross margin of an average project to determine a customer's worth to the business.
  • 30:12
    The Marketing Engine Defined
    The discussion introduces the 'Attract, Convert, Nurture, Measure' framework for building an effective and predictable marketing system.
  • 45:29
    Converting and Nurturing Leads
    Spencer details strategies for converting both active buyers and researching prospects, emphasizing the importance of nurturing the majority who are not immediately ready to buy.
  • 55:12
    Tracking and Measuring ROI
    The hosts stress the critical need for accurate tracking of lead sources and sales results to understand marketing effectiveness and calculate return on investment.
  • 1:15:58
    Quick Win: Email Your Database
    Spencer shares a high-ROI email script for tapping into existing customer and lead databases to generate immediate opportunities.

Speakers

K
Kyle Hunt
Host
S
Spencer Powell
CEO of Builderfunnel

Key Takeaways

✦

Calculate your average project's gross margin to understand a customer's true worth, as this is the basis for your marketing investment.

✦

Adopt an 'investment' mindset for marketing, expecting a return rather than viewing it as a mere expense, aiming for a 3:1 (or higher) return on marketing spend.

✦

Implement the 'Attract, Convert, Nurture, Measure' framework for your marketing strategy, ensuring each component is addressed for a complete system.

✦

Develop lead magnets (e.g., cost guides, webinars) to capture information from the 96% of website visitors who are researching, allowing for long-term nurturing.

✦

Consistently nurture your leads and past clients through email, providing value-first content (like project spotlights) with subtle calls to action.

✦

Prioritize accurate tracking of lead sources and client acquisition costs; software can help, but manual tracking is better than none.

✦

Leverage your existing customer database by sending personalized, value-driven emails to generate immediate project opportunities, as this is your 'warmest' audience.

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