The Hidden Cost of Every New Customer
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Key Takeaways
Identify all hidden costs beyond lead fees, such as time spent answering calls, driving to estimates, and follow-ups, to calculate your true Customer Acquisition Cost (CAC).
Utilize tools like Jobber to track every expense and time associated with acquiring a customer; leverage their full potential beyond basic functions.
Implement qualified upsells and downsells to maximize the value from each lead, ensuring you're getting the most out of your acquisition efforts.
Be wary of competitive or multi-source lead generation platforms, as they often result in higher CAC due to competition and wasted time on unqualified leads.
Consistently track the source of every new customer (lead attribution) to understand which marketing channels are most profitable and allocate your budget effectively.
Prioritize direct response marketing channels early on, as they offer clearer attribution and a better return on investment compared to broader brand awareness campaigns like billboards.
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