Trevor Mauch is back with Part 2 in his 5-part video series explaining how to improve your website and convert more deals. In this quick episode, Trevor talks budgets and prepares you for how much you should be spending on your leads.
- How much do you need to spend?
- Whenever marketing didn’t work for Trevor, it’s usually because he relied on emotion and not math.
- Write down your average profit per deal.
- How many leads does it take you to get that one deal?
- How do you determine your max cost per lead?
- Be willing to spend a little bit more than the minimum on the first few leads in the beginning
MENTIONED IN THIS EPISODE:
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FOLLOW ALEX ON:
“The first thing on the budget, completely remove emotion from the equation. You want to make sure your budget is based on math, not emotion.”
“What would you trade in marketing dollars in order for you to get that deal?”
“The math says you can spend up to $500 per lead in order to make this business model work.”
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