How much is a qualified Lead worth to you as a Franchise owner? Posted by RSYR

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How much is a qualified Lead worth to you as a Franchise owner?

Posted by RSYR in Articles on 11.05.2011 1:09:50 pm | 1096 views

Just having a look into recruitment advertising for Franchises and thought it would be interesting to do something on a CPL basis but have no idea how much a franchise would pay for a qualified lead.

 

Does anyuone have any suggestions on how much a qualified lead would actually be worth to a franchise looking to expand?

 

All inputs appreciated - Thank

Comments

wsiegypt on 16.05.2011 1:49:17 pm | ReplyComment temporary deactivated by admin 
Matthew on 23.05.2011 9:12:25 pm | Reply

It depends what you mean by a qualified lead.  Most leads that you will gain as a franchisor would be unqualified / semi qualified and you would either have to work to qualify it or use a recruitment specialist to do so.

 

The general figure for a semi qualified franchise lead in the UK would be around the £25 mark.  We charge considerably less than that but it would be around that number on average.  By semi qualified I mean that they have shown an interest in buying a franchise and in particular your franchise, this could be an interest shared between several dozen franchisors though.

 

A fully qualified lead, now that is a different matter.  You may convert 1-120 semi qualified leads but 1 in 25 qualified.  So when you think about it that lead is worth a lot of money.  

 

Kind regards,


Matthew Anderson

The Franchise Shop

 

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