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What is Cost Per Lead & Why You Should Be Using It

LeadBoxer

Luckily, there’s an easy way to measure how cost-effective your campaigns are. Cost per lead (CPL) is a metric that tells you whether or not your efforts and ad spend are paying off. In this guide, we’ll take a deep dive into CPL, from what it is to how to lower it.

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Why Measuring Success on Cost Per Lead is a Huge Mistake

Pointclear

In the search for the holy grail of marketing KPIs, we want ones that correctly emphasize ROI over lead cost, tie lead generation to overall revenue and profits, identify the most successful marketing initiatives and deliver insights that can be leveraged to run future high-return activity. Cost-Per-Opportunity (Cost-Per-SQL).

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Why Cost Per Lead is Irrelevant

No More Cold Calling

In this month’s guest blog, he turns the tables on popular marketing strategies and explains what’s important, what’s relevant, and which metrics really matter: “Cost per lead is not only the wrong metric to watch, but it could lead you to deprioritize or turn off lead sources that are helping you make more money.

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Why Cost per Lead is a Bad Way to Measure Your Return on Lead Generation Efforts

Pointclear

While cost-per-lead measurement has been the de facto favorite for evaluating marketing programs, we are seeing radical and positive shifts in how marketing is evaluating qualified leads. Tie B2B lead generation activity to overall revenue and profits. The cost-per-lead metric accomplishes none of the above.

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The Cost-Per-Lead Fallacy in Measuring B2B Lead Generation Investments (Pt 3 of 3)

Pointclear

The introductory post in this series addressed the problems and costs of applying the cost-per-lead metric to measure the success of B2B lead generation investments. In the second post, we looked at elements of a complex sale that impact B2B lead generation costs. Not seeing the forest for the trees.

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Inbound Marketing’s Top 4 Newest Insights

SBI Growth

She has been trying to reduce her cost per lead, but have not been able to get below $360 per qualified lead. I reminded Kathy that she’s not focused enough on Lead Management. Kathy, the latest research on Cost Per Lead (CPL) scenarios surprised me. per customer.

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Lead Generation Best Practices Part 7: Measure Beyond Cost-Per-Lead

Pointclear

The value of a lower cost-per-lead approach may have merit early in the funnel where inbound marketing and marketing automation can be helpful in moving large numbers of sales prospects to raise their hands and express interest.