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Marketing Is Metrics: The Cost of New Business Acquisition
Manage episode 355258146 series 40325
Today's guests, Erik and Elliot, will be joining Christopher on our upcoming Community Table live Q&A on February 16, 2023 to discuss all things marketing. Sign up here (it's free) to join us so you can get your questions answered!
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Acquisition, from cold lead to paying client, is the important stuff. Marketing is one of three pillars of a successful firm: finding and signing new clients. Guests Erik and Elliot Alicea, co-founders of Empirical360 legal marketing, have a passionate focus on law firm marketing built on ROI, return on investment. Get real bang for your marketing buck.
Automation may not be your best bet when it comes to generating cold leads. The process differs from referrals, you need to be personal. People only look for a new lawyer when they are in trouble, so be compassionate, be human. Reach out. And by all means, answer the phone.
Learn to measure the return on your marketing dollar. There should be accountability and measurable results. Know what it’s costing you to land every new client. How do you know if you got your money’s worth? And when you get a lead, hey, that’s not the end. Get the contract signed, that’s work.
(Plus, if you had only ONE channel for marketing your firm, which would it be? Can you guess the answer?)
175 episodes
Marketing Is Metrics: The Cost of New Business Acquisition
Un-Billable Hour: Business Management Strategies for the Busy Lawyer
Manage episode 355258146 series 40325
Today's guests, Erik and Elliot, will be joining Christopher on our upcoming Community Table live Q&A on February 16, 2023 to discuss all things marketing. Sign up here (it's free) to join us so you can get your questions answered!
-----
Acquisition, from cold lead to paying client, is the important stuff. Marketing is one of three pillars of a successful firm: finding and signing new clients. Guests Erik and Elliot Alicea, co-founders of Empirical360 legal marketing, have a passionate focus on law firm marketing built on ROI, return on investment. Get real bang for your marketing buck.
Automation may not be your best bet when it comes to generating cold leads. The process differs from referrals, you need to be personal. People only look for a new lawyer when they are in trouble, so be compassionate, be human. Reach out. And by all means, answer the phone.
Learn to measure the return on your marketing dollar. There should be accountability and measurable results. Know what it’s costing you to land every new client. How do you know if you got your money’s worth? And when you get a lead, hey, that’s not the end. Get the contract signed, that’s work.
(Plus, if you had only ONE channel for marketing your firm, which would it be? Can you guess the answer?)
175 episodes
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