
Q&A With Tommy - Maximizing Local Leads and Clicks for Your Business
The Home Service Expert Podcast
Invest Boldly to Capture Market Share
Maximizing market share is crucial for business growth, especially in competitive areas. A strategic approach involves initially increasing marketing spend significantly, sometimes up to 25% of revenue, to establish a strong presence. Long-term success is linked to investing in brand visibility and organic search ranking, which yields better returns over time. A focus on advertising efficiency can lead to target returns of three times the gross profit from ad spend. Once a market is well established, businesses can recalibrate their marketing budget closer to 10% for steady growth. Partnering with specialized agencies can enhance advertising success, particularly in niche industries.
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