{"id":5646,"date":"2018-11-28T16:10:46","date_gmt":"2018-11-28T16:10:46","guid":{"rendered":"https:\/\/www.holmesmedia.co.uk\/?p=5646"},"modified":"2021-01-13T14:24:46","modified_gmt":"2021-01-13T14:24:46","slug":"customer-acquisition-cost","status":"publish","type":"post","link":"https:\/\/www.boilerguide.co.uk\/trade\/blog\/customer-acquisition-cost\/","title":{"rendered":"Customer Acquisition Cost"},"content":{"rendered":"<h2>How much does it cost you to find a customer?<\/h2>\n<p><strong>Aside from good old \u2018word of mouth\u2019, how else can a heating engineer find new customers? <\/strong><\/p>\n<p>Paying to advertise via traditional marketing can feel like throwing money into a black hole with fingers crossed. It\u2019s harder than ever to make your business stand out in the crowd and, even when you can, it\u2019s often luck of the draw whether your marketing is seen by the right people.<\/p>\n<p>We\u2019ve taken a look at the most popular marketing platforms for heating engineers, what each is likely to cost you and, of course, why Boiler Guide is different.<\/p>\n<h3>Yell.com<\/h3>\n<p>Yell.com is an online version of the Yellow Pages. You can place a free listing on the website but this will only be visible for customers in the area that you\u2019re business is registered in, not necessarily the customers you want. For maximum visibility in multiple locations and in as many different \u2018categories\u2019 as possible, you\u2019ll need to pay a subscription.<\/p>\n<h3>Checkatrade<\/h3>\n<p>Checkatrade is another subscription based online business directory. They have a slightly different angle to Yell.com as they don\u2019t allow any business to sign up. You must pass strict background checks, promise to meet \u2018The Checkatrade Standard\u2019 and agree to have customer feedback visible on your Checkatrade profile page.<\/p>\n<h3>Which? Trusted Traders<\/h3>\n<p>Which? Trusted Traders is an \u201cendorsement scheme\u201d. To become a Which? Trusted Trader you need to apply online and pass a detailed assessment. There is an upfront, non-refundable \u00a3240 assessment fee and then an ongoing monthly fee. If you\u2019re accepted as a member you get a dedicated profile page on their website and can use their logo in your marketing to \u201cgive your customers confidence\u201d.<\/p>\n<h3>Rated People<\/h3>\n<p>Rated People offer similar benefits to the trade directories and endorsement schemes but they also sell sales leads. However, to be able to buy them you need to join Rated People as a member and pay a subscription. The most popular is \u00a335 +VAT per month; for that you\u2019ll then get \u00a345 back in \u2018credit\u2019 to spend on leads each month as well as a membership discount scheme.<\/p>\n<h2>How much does it cost you to get a new customer?<\/h2>\n<p>It\u2019s not always easy to pin down what the subscription costs for each service are but from our research we\u2019ve put together a comparison:<\/p>\n<table style=\"border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<colgroup>\n<col span=\"1\" style=\"width: 10%; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<col span=\"1\" style=\"width: 18%; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<col span=\"1\" style=\"width: 18%; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<col span=\"1\" style=\"width: 18%; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<col span=\"1\" style=\"width: 18%; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<col span=\"1\" style=\"width: 18%; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n    <\/colgroup>\n<tbody>\n<tr style=\"vertical-align: middle; border: 1px solid; bordercolor: #013652; border-collapse: collapse; background-color:#013652; color:white\">\n<th><\/th>\n<th style=\"vertical-align:top;\">Upfront Cost<\/th>\n<th style=\"vertical-align:top;\">Lowest Monthly Fee<\/th>\n<th style=\"vertical-align:top;\">Minimum Contract Length<\/th>\n<th style=\"vertical-align:top;\">Lowest Annual Cost (Approximate)<\/th>\n<th style=\"vertical-align:top;\">Guaranteed Access to Customers?<\/th>\n<\/tr>\n<tbody text-align=\"center\" style=\"border: 1px solid darkblue; border-collapse: collapse;\">\n<tr style=\"text-align:center; height:100px; border: 1px solid darkblue; border-collapse: collapse;\">\n<td><strong>Yell.com<\/strong><\/td>\n<td>None<\/td>\n<td>From under \u00a310<\/td>\n<td>12 months<\/td>\n<td>\u00a3120<\/td>\n<td>No<\/td>\n<\/tr>\n<tr style=\"text-align:center; height:100px; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<td><strong>Which? Trusted Traders<\/strong><\/td>\n<td>\u00a3240<\/td>\n<td>From \u00a360<\/td>\n<td>3 months<\/td>\n<td>\u00a3720<\/td>\n<td>No<\/td>\n<\/tr>\n<tr style=\"text-align:center; height:100px; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<td><strong>Checkatrade<\/strong><\/td>\n<td>None<\/td>\n<td>From \u00a369.99<\/td>\n<td>Unknown<\/td>\n<td>\u00a3839<\/td>\n<td>No<\/td>\n<\/tr>\n<tr style=\"text-align:center; height:100px; border: 1px solid; bordercolor: #013652; border-collapse: collapse;\">\n<td><strong>Rated People<\/strong><\/td>\n<td>None<\/td>\n<td>From \u00a335<\/td>\n<td>12 months<\/td>\n<td>\u00a3420<\/td>\n<td>Yes<\/td>\n<\/tr>\n<tr style=\"text-align: center; height:100px; border: 1px solid; bordercolor: #013652; border-collapse: collapse; background-color: #edf9ff;\">\n<td><strong>Boiler Guide<\/strong><\/td>\n<td><strong>None<\/strong><\/td>\n<td><strong>None<\/strong><\/td>\n<td><strong>None<\/strong><\/td>\n<td><strong>Up to you. Buy as many or as few leads as you want. Priced from only \u00a36.<\/strong><\/td>\n<td><strong>Yes<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>With the exception of Rated People, all of these services charge you for being a member or having a listing. Payments you&#8217;re being asked to make with no guaranteed contact with customers.<\/p>\n<p>In the case of Rated People you can buy sales leads which come through their website (some of the cost of which is covered by your subscription fee). However, even if you don\u2019t need leads, you still need to pay the subscription fee. So in busy times when you\u2019re finding your own customers, your Rated People membership is a cost with no ROI.<\/p>\n<div class=\"row cta-banner text-center \"><div class=\"col-12\"><h4 class=\"font-bold\">Does your business need more sales?<br \/>\nTry our lead buying platform today<\/h4><p class=\"pt-3 mt-4\"><a class=\"btn btn-success btn-fixed text-decoration-none font-bold py-2\" href=\"https:\/\/dashboard.boilerguide.co.uk\/register\"  target=\"_self\" >Try Us Today<\/a><\/p><\/div><\/div>\n<h2>How does Boiler Guide compare?<\/h2>\n<h3>You control the costs<\/h3>\n<p><strong>At Boiler Guide we don\u2019t charge you for your company profile on our websites. There\u2019s no monthly subscription fees or commission on the work that you win. We only charge you for the leads you choose to buy. You\u2019re under no-obligation to buy any leads at any time.<\/strong><\/p>\n<p>We typically hear that our boiler sales leads convert at around 35%. That means for every 3-4 leads you buy from us, 1 should turn into a paying customer. So at an average price of \u00a330 per lead for a new gas boiler, a new customer will cost you approximately \u00a385. Of course, if you nail your sales process an impress enquirers when giving your quote, you&#8217;ll be paying less per customer.<\/p>\n<h3>No contract<\/h3>\n<p>Some services tie you in with minimum contracts. So, if you decide you don\u2019t need the advertising or leads anymore, you\u2019ll be obliged to pay for the duration of the contract. At the very least, you&#8217;ll need to see out a notice period.<\/p>\n<p>We believe that it\u2019s important for you to stay in control of your business. <strong>We only want you to buy leads when you need them. In fact, we\u2019re so confident that you\u2019ll see the value in buying our leads that we don\u2019t need to tie you in with contracts.<\/strong><\/p>\n<h3>Contact with real customers <\/h3>\n<p>Aside from Rated People, none of the other services actually provide you with leads for customers. Your money buys a profile on their website, but whether that results in new customers or not is a gamble. <strong>At Boiler Guide, we put you in the driving seat.<\/strong><\/p>\n<p>The leads you buy from Boiler Guide are customers who have actively requested quotes from companies in our network. They\u2019ve asked to hear from businesses like yours! We contact every customer who submits an enquiry to check they are both genuinely interested and to confirm their contact details. <\/p>\n<p>If the lead is in the right location and the type of work you want, we\u2019ll let you know. Then you can decide whether you want to buy it or not. When you do buy a lead, it\u2019s up to you to contact the customer and provide your quote.<\/p>\n<h3>Free advertising with your own business listing<\/h3>\n<p>With Rated People, Checkatrade and Which? you\u2019ll pay for a profile page or listing on their website to advertise your business as part of your subscription.<\/p>\n<p>At Boiler Guide we also give you your own business profile on our website, the difference is we don\u2019t charge you anything for it. Yell.com are the only other service to offer a free listing, but this is only visible to people searching in the specific region that your business is registered to. <strong>With Boiler Guide, your free business listing is visible to over 3,000,000 visitors to the Boiler Guide website, wherever they are in the country.<\/strong><\/p>\n<div class=\"row cta-banner text-center \"><div class=\"col-12\"><h4 class=\"font-bold\">Does your business need more sales?<\/p>\n<p>Try our lead buying platform today<\/h4><p class=\"pt-3 mt-4\"><a class=\"btn btn-success btn-fixed text-decoration-none font-bold py-2\" href=\"https:\/\/dashboard.boilerguide.co.uk\/register\"  target=\"_self\" >Try Us Today<\/a><\/p><\/div><\/div>\n<h3>Become a trusted Boiler Guide installer<\/h3>\n<p>Like Which?, Rated People and Checkatrade, we check all businesses who register with us to ensure they have the correct accreditations and their quality of service meets our standards. We then make it clear to customers that only businesses which pass our initial and ongoing quality checks are able to provide quotes.<\/p>\n<p>In addition, the customer feedback you receive via Boiler Guide customers will be displayed on your company profile. Here you\u2019ll build up a collection of reviews and an average \u2018star\u2019 rating. The better your feedback, the more leads we will offer you. <\/p>\n<p>When customers use our directories to contact you directly (as many do) they will obviously veer towards the company with the best reviews. That means you\u2019re more likely to win a customer via a direct enquiry which we don\u2019t charge for.<\/p>\n<h3>Improve your visibility (and reputation) in Google<\/h3>\n<p>Simply by signing up and adding your profile to the Boiler Guide website (both of which are completely free to do) you stand a much higher chance of being found in a Google search thanks to our digital marketing expertise and daily SEO. But that\u2019s not all&#8230;<\/p>\n<p>Your online reputation matters and Google is by far the most popular and influential search engine in the world. In the last year or so Google has started collecting reviews from websites which are trusted by users and now publishes them alongside a company\u2019s listing in Google search results.<\/p>\n<p>So when a customer searches for your company, Google will show them how you\u2019re rated on a select few of the most reputable and reliable websites. This regularly includes the Boiler Guide rating.<\/p>\n<p><img loading=\"lazy\" width=\"495\" height=\"761\" class=\"aligncenter size-full wp-image-5647\" src=\"https:\/\/wp-watson.s3.eu-west-1.amazonaws.com\/trade.boilerguide.co.uk\/wp-content\/uploads\/2018\/11\/boiler-guide-review.jpg\" alt=\"\" srcset=\"https:\/\/wp-watson.s3.eu-west-1.amazonaws.com\/trade.boilerguide.co.uk\/wp-content\/uploads\/2018\/11\/boiler-guide-review.jpg 495w, https:\/\/wp-watson.s3.eu-west-1.amazonaws.com\/trade.boilerguide.co.uk\/wp-content\/uploads\/2018\/11\/boiler-guide-review-195x300.jpg 195w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/p>\n<p>Your Boiler Guide rating in Google is a quick and easy way for a potential customer to make a judgement about whether or not they want to hire you. Imagine for a second that you\u2019re choosing between 2 heating companies. One has no visible reviews in Google and the other has a 5 star rating from Boiler Guide. Which one would you choose to contact?<\/p>\n<h2>How else can you advertise your business online?<\/h2>\n<h3>Search engine marketing<\/h3>\n<p>SEM is sometimes referred to as paid search advertising, PPC (pay-per-click) or CPC (cost-per-click). You can buy adverts on search engines like Google, Bing and Yahoo, most of which are sold on a CPC \/ PPC basis. This means you only pay if someone clicks on your advert which takes the user through to your website.<\/p>\n<h3>Native advertising<\/h3>\n<p>Native advertising is placing adverts in websites which don\u2019t look like adverts but more like natural parts of a webpage, e.g. articles or blog posts. You\u2019ll have seen headlines or images around in websites which can easily be mistaken for just another piece of content, but they will have been written with the intention of advertising a business or getting you to click through to another website. Often they will be labelled as \u201cpromoted\u201d or \u201csponsored\u201d. The idea behind it is that modern customers have grown accustomed to tuning out banner adverts when they\u2019re browsing online, but native advertising should bypass those habits and catch their attention.<\/p>\n<h3>Social media advertising<\/h3>\n<p>You can also advertise on social media platforms like Facebook and Instagram. You create the advert and choose which demographic of people you\u2019d like it shown to based on age, gender, location or interests. Like PPC \/ CPC on search engines, you\u2019ll only be charged when the advert delivers what you want it to, whether that\u2019s a click through to your website or a certain amount of impressions (views).<\/p>\n<h2>What are the pros of online advertising?<\/h2>\n<\/p>\n<ul>\n<li>You only pay if someone clicks on your advert or if your advert is viewed a certain amount of times.<\/li>\n<li>You can control how much you\u2019re willing to pay for each click and set up budgets to control your daily or weekly spending.<\/li>\n<li>You can target the adverts to certain places on the internet where you think your audience is likely to see it.<\/li>\n<\/ul>\n<h2>What are the cons of online advertising?<\/h2>\n<\/p>\n<ul>\n<li>The risk with both native and PPC advertising is that if your advert attracts lots of clicks but from people who aren\u2019t likely to convert to customers, you\u2019re going to end up paying out for very little return on your investment.<\/li>\n<li>It takes skill, time and effort to manage PPC campaigns effectively. In fact, many people outsource this to specialist agencies.<\/li>\n<li>Targeting by location or demographic is not a particularly useful tool. It&#8217;s not based on any real intention or need for your service.<\/li>\n<li>If you don\u2019t monitor your costs on a daily basis they could get out of control. Native advertising in particular can be quite costly when compared to other forms of marketing and is really only suitable for company with large budgets to burn.<\/li>\n<li>Even if your advert does attract a lot of clicks through to your website, you still need to convert them once they\u2019re there. So it could be a wasted effort.<\/li>\n<li>Click fraud is a risk, i.e. paying for clicks from competitors, bots, unscrupulous website owners who do so to increase your costs.<\/li>\n<li>Competitive industries like solar, boiler and window installation can attract very high costs per click.<\/li>\n<\/ul>\n<h2>Online advertisiting or Boiler Guide?<\/h2>\n<h3>We do the hard work for you<\/h3>\n<p>We have a team of digital marketing experts who have been managing online advertising and PPC campaigns for years. We\u2019re optimising effective PPC campaigns all the time to reach customers from all over the UK who are looking for boiler installers. We advertise so you don\u2019t need to. And when we find a customer in your area for the work you want, we\u2019ll let you know with SMS and email alerts.<\/p>\n<h3>No budgets to manage<\/h3>\n<p>At Boiler Guide we sell fixed price leads on a pay-as-you-go basis. That means you only buy a lead when you want. So you&#8217;ll know exactly what you\u2019re paying and you&#8217;ll only ever spend what you can afford.<\/p>\n<h3>We bring your ideal customers to you <\/h3>\n<p>With PPC advertising across any platform just because someone clicks on your advert doesn\u2019t mean they are interested in your service.<\/p>\n<p>When you buy a lead from Boiler Guide you know they\u2019re a genuine customer in your area; they\u2019ve found Boiler Guide, entered their details into our form to request a quote and we\u2019ve already contacted them to make sure they\u2019re ready to buy. They\u2019re waiting to hear from businesses like yours and when you buy the lead we tell them your company name so they will be expecting your call.<\/p>\n<div class=\"row cta-banner text-center \"><div class=\"col-12\"><h4 class=\"font-bold\">Does your business need more sales?<br \/>\nTry our lead buying platform today<\/h4><p class=\"pt-3 mt-4\"><a class=\"btn btn-success btn-fixed text-decoration-none font-bold py-2\" href=\"https:\/\/dashboard.boilerguide.co.uk\/register\"  target=\"_self\" >Try Us Today<\/a><\/p><\/div><\/div>\n<h2>What about traditional advertising?<\/h2>\n<h3>Newspapers &amp; magazines<\/h3>\n<p>Taking an advert in a local newspaper is a definite gamble, and not a cheap one. It\u2019s not uncommon to pay more than \u00a3250 for a quarter page advert. Small business should probably avoid this unless you\u2019re prepared to risk losing the money, you\u2019re running a series of adverts, finding 1 or 2 customers will take you into profit or it\u2019s a limited time offer.<\/p>\n<p>You\u2019re likely to face costs of \u00a3200+ for magazines with the smallest readerships and this can get considerably higher.<\/p>\n<h3>Local radio<\/h3>\n<p>Advertising on local radio can be effective, but only if you have the budget. The price of your radio ad will depend on the duration of the advert, when it is aired, how many listeners the show has at that time and how often it is repeated. The perfect timing is needed to reach your target audience and repetition (preferably over a long period of time) is key.<\/p>\n<p>On average radio advertising will cost you around \u00a32 for every 1,000 listeners. To give a very rough perspective, a week-long campaign that uses a 30 second ad (minus production costs) could cost anything from \u00a3500 on a local station to \u00a32,500 on a regional station. You\u2019ll also need to factor in around 10% of the costs for creating the advert.<\/p>\n<h3>Television<\/h3>\n<p>It should come as no surprise that TV advertising is pricey. It&#8217;s also most effective when used for mass marketing rather than local or niche businesses. A 30 second advert on a mainstream channel could cost between \u00a34,500 to \u00a330,000. Some smaller digital channels have prices as low as \u00a350 for a 30 second advert during the day. However, this advertising isn\u2019t targeted to any demographic and without a lot of repetition is unlikely to yield results for local businesses.<\/p>\n<h2>So, how does a heating engineer find new customers?<\/h2>\n<p>It\u2019s clear that there are more marketing platforms out there for independent traders than ever before, but which is likely to result in a paying customer?<\/p>\n<p>You could choose to pay for a business listing on an online directory such as Yell.com or Checkatrade. These services can give your business more visibility which could potentially result in an incoming customer enquiry, but you\u2019ll have no way of finding new customers yourself. <\/p>\n<p>Alternatively, you could rely on the quality endorsements which Checkatrade and Which? Trusted Traders offer. Again, though, you\u2019ll have <strong>no way of proactively finding new business<\/strong>. Then there&#8217;s Rated People where you can buy leads but <strong>you\u2019ll be paying a monthly subscription whether you need leads or not<\/strong>.<\/p>\n<p>Online PPC advertising can be effective if you\u2019ve got the time, budget and marketing skill to manage it. However, the effort and resource involved with no customer contact is a gamble. Then, of course, there\u2019s the traditional mediums of print and broadcast advertising like newspapers, magazines, radio and TV. Without a big enough budget the vast majority of small businesses simply can\u2019t afford to send their message out with no guarantee of reaching the right audience.<\/p>\n<p><strong>By signing up for a free account with Boiler Guide you\u2019ll receive the same benefits that the other services are offering with complete control of your budget and guaranteed access to customers<\/strong><\/p>\n<ul>\n<li>No sign up or subscription fees &#8211; only pay for the leads you need.<\/li>\n<li>No-obligations, contracts or minimum spends &#8211; buy what you want, when you want.<\/li>\n<li>24\/7 access to customers in your area who have asked to receive your quote &#8211; we use different types of qualification to verify that the customer is ready to buy.<\/li>\n<li>Establish your reputation as a Boiler Guide Trusted Tradesperson.<\/li>\n<li>Manage your own workload &#8211; from 1 lead per week to 100s per day, we can deliver at a rate that works for your business.<\/li>\n<li>Advertise for free with a business profile on our website &#8211; over 2 million people visit our websites each year to get quotes from trusted tradespeople.<\/li>\n<\/ul>\n<h3>Here\u2019s how it works&#8230;<\/h3>\n<p>&nbsp;<\/p>\n<ol>\n<li><strong>Sign Up for FREE:<\/strong> Just tell us a few details about yourself, your company and the jobs you\u2019re interested in<\/li>\n<li><strong>View &amp; Buy Leads:<\/strong> Once you\u2019ve signed up you\u2019ll be able to view the job leads in your area each month<\/li>\n<li><strong>Quote on Jobs:<\/strong> Do what you do best, provide a competitive quote and win the customer<\/li>\n<\/ol>\n<div class=\"row cta-banner text-center \"><div class=\"col-12\"><h4 class=\"font-bold\">Does your business need more sales?<br \/>\nTry our lead buying platform today<\/h4><p class=\"pt-3 mt-4\"><a class=\"btn btn-success btn-fixed text-decoration-none font-bold py-2\" href=\"https:\/\/dashboard.boilerguide.co.uk\/register\"  target=\"_self\" >Try Us Today<\/a><\/p><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>How much does it cost you to find a customer? Aside from good old \u2018word of mouth\u2019, how else can a heating engineer find new customers? Paying to advertise via traditional marketing can feel like throwing money into a black hole with fingers crossed. It\u2019s harder than ever to make your business stand out in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Customer Acquisition Cost - Boiler Guide Trade<\/title>\n<meta name=\"description\" content=\"Do you know how much it costs you to get a new, paying customer? 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