Profile picture of Stefan Repin
Stefan Repin
I help identify a reliable route to market with b2b clients | Account-Based Marketing expert | B2B Demand Generation for Regulated Markets
Follow me
Generated by linktime
July 30, 2020
How to quantify the cost of your B2B lead and demand generation on social? I was inspired by Andrei to write this short post about the underlying costs of lead gen through social 🥰The cost of potential interest (CPI) CPI= cost of time spent/amount of leads I create content usually alone through my Linkedin profile/email. It takes around 2 hours to write a post. On average it brings me 2 people who show interest. Let’s assume that an hour of my work is 200 USD. 💲The cost of Potential Interest is 200 USD. 😍 Cost of Interest (CI) CI = CPI/Conversion Rate (%) + cost of time spent From 4 potential interests, 1 becomes sales qualified I spend an overall of 1 hour on communication. 💲CI = 1000 USD 🤗Cost of Deal (CD) or Customer Acquisition Cost On Average ¼ of leads become clients. Plus there will be 2 hours from Vadim/Bradford. CD= CI/Conversion Rate (%) + cost of time spent 💲CD = 4300 USD Cost of Acquisition usually is counted along with Lifetime Value A good rate is when LTV is three times higher than CAC. Then, we can call it a business :) Continues in the first comment #leadgeneration #socialselling #kpi #personalbrand
Stay updated
Subscribe to receive my future LinkedIn posts in your mailbox.

By clicking "Subscribe", you agree to receive emails from linktime.co.
You can unsubscribe at any time.

July 30, 2020