Each scenario has its own needs. For the lawyer looking for 6 figure clients, the cost of customer acquisition can be high. For example, lawyers and businesses selling leads to lawyers, bid for $25 per click from mesothelioma searches providing ROI (Return on Investment). Let’s do some quick back of the envelope math. Assuming a very conservative click to conversion rate of one in a hundred clicks resulting in lead captured. This would be $2500 per captured lead. A more aggressive assumption might be one captured lead per ten clicks which translates to $250 per captured lead resulting from clicks purchased from sponsored links on mesothelioma
searches.

Now taking it a step further, lets assume that a sales close rate of 1 in 4 leads. If we take the conservative click to conversion estimate of one in a hundred, with a close rate of 25% yields a cost of client acquisition of $10,000. If we assume the more liberal click to conversion rate of 10%, which is entirely possible with a well optimized and tested landing page strategy, the cost of acquisition drops to $1000.

While $1000-$10,000 seems like a lot for client acquisition, for a lawyer averaging fees in excess of six figures, the strategy of bidding $25 for mesothelioma provides ROI.

When bidding $25 per click provides ROI is a post from: Internet Marketing Blog | Online Marketing Blog |

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