?? Strategy To Increase Your Revenue In Most Profitable Services….Fast
Pick a specific service in your industry. Example, a plumber can pick Hot Water Tanks. As they usually go for $1000+ and average transaction size is good. Lawyer can pick traffic law or landscaping company can pick weed control. Every local service provider from an Accountant to a Electrician have few services which bring in more revenue. Example a Realtor makes more in commission to sell $1 Mill property vs $500k property. We run these few tests with our clients, where we build extra stream of revenue for them focusing on a specific service.
Example: Edmonton Hot Water Tanks
Average monthly searches 300-400
Client leads: ~ 30-40 Leads
Closing ratio: 40% 14 Clients @ $1100 each = $15400/month and $189,000 in additional revenue
Example: Edmonton Emergency Dentist
Average monthly searches 600-700
Client leads: ~ 70-90 Leads
Closing ratio: 30% 27 Clients @ $1300 each = $35100/month and $421,200 in additional revenue