Running ads is a sure fire way to keep leads flooding into your fitness business
But it takes more than just running ads to make those sales & grow your fitness business
So letโs break down the numbers in this screenshot from a clients results in March
Starting from the top:
1๏ธโฃ The first set of numbers is the amount spent on Facebook with the offer of a 12 week programme
2๏ธโฃ The next is the number of leads generated from the ads, these ads where sending leads to a landing page
3๏ธโฃ The first pink line then shows us the cost per lead, this is the amount spent on Facebook 1๏ธโฃ divided by number of leads 2๏ธโฃ
Now we move into the clients side of things, where they take over
4๏ธโฃ The first blue line is the number of sales made that week from those leads
5๏ธโฃ We then have the price of the 12 week programme (ยฃ595)
6๏ธโฃ Finally, we have the total money made in sales, number of sign ups 4๏ธโฃ times price of programme 5๏ธโฃ
We then move into working out the Cost Per Sale 7๏ธโฃ
This it the amount we had to spend on Facebook to make one sale
Amount spent on Facebook 1๏ธโฃ divide by the number of sales 4๏ธโฃ
And then to finish, we then look at the profit/loss made from paid ads that week 8๏ธโฃ
Total money made 6๏ธโฃ minus amount spend on ads 1๏ธโฃ
๐ฃ๏ธ ๐ฝ๐ช๐ฉ ๐ฌ๐๐๐ฉ ๐๐ ๐ ๐๐ข ๐ฃ๐ค๐ฉ ๐๐ฃ ๐ฅ๐ง๐ค๐๐๐ฉ?
Great question โ๏ธ
This is then one final number that we all need to consider which is, Cost Per Long Term Client
You donโt always need to be in profit on the front end, after all, most other industries make losses on the front end sales
If you know a Long Term Client stays with you for an average length of 8 months @ ยฃ100pm, then spending ยฃ100 / ยฃ200 or maybe even ยฃ300 to make that sale doesnโt seem to bad right?
You got this ๐ช
David ๐