Marketing in a downturn can be a frustrating exercise. If your budget
has been cut you need to look at where your enquiries are coming from.
With an effective call tracking system in place you will be able to see
clearly how many calls were generated from your last press campaign,
direct mail or email campaign. If your website brings in the most
enquiries, you will be able to clearly see this from the stats and call
volumes.
Once you have this information you will be able to focus upon the more
successful areas of your marketing budget. Gather the information you
need by channel, time, date and location and start making decisions
about how and where you spend your marketing budget. If your press
advertising brings in a steady stream of enquiries, you need to drill
down the information so that it brings you more detail such as cost per
lead. This way you will be able to gather information on each activity
and make informed decisions on how the money is spent going forward.
If it costs £22.50 to generate a lead from press advertising compared to
£3.50 from Google advertising you must then focus upon sales
conversions. How did the leads from Google develop? Were they strong
leads that resulted in sales or did the press advertising bring you more
developed enquiries? Once you get to this stage in the process you
have to use other tools such as call recording to listen to how your
enquiries are being handled.
In summary, the perfect way to manage a budget that has to stretch but
still keep the sales team busy is to use call tracking. Track your
telephone enquiries and record the calls when they come in. For the
clearest way to manage a budget there is an easy way to find the
answers.
Free trial of call tracking with call recording
Find out more about call tracking