Are the "Online Phonebook" services like Yellowpages worth anything?
Jason wrote....
By that math, we should have sold 700 cars last month!!!
the real math, using incredibly high ratios:
600 ad impressions
10% CTR = 60 visitors
10% conversion = 6 leads
15% closing ratio = 9/10ths of a sale
Try reading the entire thread next time you post Jason....I said that 60 seems awfully high....especially for car sales....so lets say you sold to only 6 people from the ad....etc....what you fail to realize is that it takes only a couple of sales to pay for an entire years worth of advertising....
Bill wrote....
Just cancelled online yellow pages last month. Our dealership experienced 85% service call lead generation from it with only 15% sales. I could only track 2 unit sales from it last year. It was cheap, but in the end it was it worth what we paid for it? No. Negative ROI.
FYI....YOU have no accurate way of tracking the results of YPC....I guarantee you that several of the sales that you had last year were the result of a YPC impression....you just didnt know it....you must buy the call tracking number....THEN you will see just how many phone calls it is generating for you
I dont even work for yellowpages.com anymore....it just amazes me that you guys cant get it through your head that it takes only a couple of sales per YEAR to pay for an entire YEAR worth of advertising....you say the ROI was negative????....you have no idea what you are talking about....and what about all the SERVICE leads....negative ROI....lol
By that math, we should have sold 700 cars last month!!!
the real math, using incredibly high ratios:
600 ad impressions
10% CTR = 60 visitors
10% conversion = 6 leads
15% closing ratio = 9/10ths of a sale
Try reading the entire thread next time you post Jason....I said that 60 seems awfully high....especially for car sales....so lets say you sold to only 6 people from the ad....etc....what you fail to realize is that it takes only a couple of sales to pay for an entire years worth of advertising....
Bill wrote....
Just cancelled online yellow pages last month. Our dealership experienced 85% service call lead generation from it with only 15% sales. I could only track 2 unit sales from it last year. It was cheap, but in the end it was it worth what we paid for it? No. Negative ROI.
FYI....YOU have no accurate way of tracking the results of YPC....I guarantee you that several of the sales that you had last year were the result of a YPC impression....you just didnt know it....you must buy the call tracking number....THEN you will see just how many phone calls it is generating for you
I dont even work for yellowpages.com anymore....it just amazes me that you guys cant get it through your head that it takes only a couple of sales per YEAR to pay for an entire YEAR worth of advertising....you say the ROI was negative????....you have no idea what you are talking about....and what about all the SERVICE leads....negative ROI....lol