Survey of Marketing Methods Hereford

What's holding them back? Well, nearly 20% say they have more leads than they can handle, and 72% either say they can't afford marketing or don't have the time for it. About 60% develop their own marketing ideas, and 75% spend three hours or less planning or working on marketing each month. And of those who do market, 31% say they don't market frequently enough.

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Barely 29% of remodelers surveyed prepare a marketing plan and budget each year, and 80% spend 3% or less of annual revenues on marketing.

What's holding them back? Well, nearly 20% say they have more leads than they can handle, and 72% either say they can't afford marketing or don't have the time for it. About 60% develop their own marketing ideas, and 75% spend three hours or less planning or working on marketing each month. And of those who do market, 31% say they don't market frequently enough.

Those who market their business find that the most effective methods are job signs, direct mail, and newspaper advertising.

Web sites also are becoming more of a factor in winning business.

What Is Marketing? Definitions & Costs

How do you define a lead?

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Annual marketing expenditures, as a percentage of revenue

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Average cost per lead (marketing cost divided by total leads)

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Cost per sale (marketing cost divided by number of sales)

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Do you spend enough money on marketing's The Plan? Creating & Tracking

Who creates your marketing materials?

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How do you track your leads?

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If you market, do you market frequently enough?

No End Date for this image Top 7 most effective marketing methods
  1. Job signs
  2. Referrals/word-of-mouth other
  3. Direct mail
  4. Newspaper advertising
  5. Yellow pages
  6. Home shows
  7. Web site


Top 6 months for advertising (if marketing once a year)
  1. January
  2. March
  3. February
  4. October
  5. November
  6. December

Click here to read full article from Remodeling

Featured Local Company

THE DESTINATION MARKETING GROUP

01452 500663
3 College Green
Gloucester