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All of these methods are, in one form or another, lead generation strategies. You are buying customers, and
bottom line for everyone of them is
cost per qualified lead. And that¡¦s how you decide how to spend your promotional dollar. When you approach an advertising agency, you must already know how much want to spend on that marketing channel. While they may give you good advice on how to spend your money in their channel, they will not consider alternatives which may be better for your business. It is also essential to consider whether
selected channel is capable of generating qualified leads at a reasonable price. For example, if your product is upmarket, generating leads from
budget market is of no value to you. And there is also false economy in choosing low rating media which often generate no leads at all!
Whichever marketing channel you choose, it is absolutely essential you measure
results from each promotion. Over a period of time, you will learn which ones work best for you. However, this can be a lengthy experience. Using a marketing consultant can greatly reduce
painful and often costly learning curve, and can save you many thousands of dollars in your marketing costs, and even more importantly, in
opportunity cost of lost time.

Dr Greg Chapman assists small to medium sized businesses with business planning, business systems and marketing strategy. To find out how you can Multiply Your Profits & Make Your Business Run without You, and to find out How Good Your Business Really Is with a Free Online Business Medical, go to Empower Business Solutions website at: http://www.empowersolutions.com.au