July 27, 2020

EP434: [Part 2 of 5] The Quick, Easy, and Effective Formula for Determining Your Marketing Budget (that Tells You Exactly What You Can Spend Per Lead & Per Deal)

9 minutes

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.

Key Takeaways:

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:

Get Access Now: Free 5 Part Video Training Series on "How To Quickly Generate The Most Qualified Motivated Seller Leads & Produce High Margin Deals WITHOUT Investing a Bunch Of Your Time and Money" Stand Out, Convert More Leads, Close More Deals:The #1 Inbound Online Lead Generation System For Serious Real Estate Professionals

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Are you a real estate investor or agent and want to dominate your market, build a consistent and predictable lead flow, and earn more income? We've got you covered! Join our next 30 Day Authority Building Challenge today! To start, simply choose investor or agent to learn more about how you can reach a new level of success in just a few minutes a day! JOIN THE INVESTOR CHALLENGE

Marketing Plan Generator

Uncover the #1 Reason Real Estate Investors and Agents Struggle in Their Marketing Strategy

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Tweetables:

"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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By Alex Pardo

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