Pro Photo Business Forum

You need to set a good foundation before you start to attract prospects to your front door. Before you place your first ad announcing your services, or even if you are already advertising, you must have in place a system to track the results of your advertising, otherwise you could be throwing your money away.

You must be able to calculate if your actions are efficient or not.  When people say their advertising is working, they generally just know that they are receiving calls and booking weddings.  You must know more than this.

You must know if your marketing is efficient or not.  The best way to give yourself the answer to this question is through the use of statistics. As a business owner that wants to succeed, you have a responsibility to track the statistics of your business. Through marketing you begin to attract individuals to your business. These individuals are inquiries. Where did your inquiries find your contact information?  How many of your inquiries did you convert into consultations? How many of these consultations did you convert into paying customers? Out of these paying customers, how many of these paying customers have done business with you a second time?

The answers to these questions will show you where you’re the least efficient. If you see that you’re only converting 10% of the inquiries you receive into consultations, and 90% of the consultations you have are converted into paying customers, then you know you must change the language you use when answering your phone or replying to people inquiring about your services via e-mail.

Tracking each and every inquiry will also tell you where your paid advertising is failing or succeeding.  For instance, I know that the advertising I paid for in Premier Bride Magazine did very well for me.  That’s one of my images on cover displayed to the left.

You don’t need to really focus on the ads that are doing the best, until you have addressed the ones that are doing the worst.  Your goal should be to find out the “cost per lead” for each of the ads you have purchased. For example, if you paid $1000 for an ad somewhere, and you received 10 phone calls from that ad, your cost per lead is $100. Being able to find your cost per lead for each of your paid ads is essential to becoming more efficient.  This information will allow you to make educated decisions when the contracts for your current ads expire.  You will know which ads to keep, and which to drop.

Or you may decide to change the language in one ad to see if you can create different results.  Or you may decide to take the money from one ad and use it to increase the size of another ad.  But if you don’t have a system in place that allows you to track your cost per lead, then you’re just shooting in the dark, and wasting your money and time, and that’s inefficient.

Tracking your results will help to keep you on track.

Aric C. Hoek BFA, CPP, Author
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