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Hey!
I am looking forward to create and run a google ads campaign for my logo design business however I am a little confuse that how much a lead would cost me on average, I have talked to people some say that a click on ad would cost around $250 - $300 and some say a lead would cost around $250 - $300.
I need some details and a clear verdict on this. Kindle somebody clear this up for me.
I hope I'm doing the math wrong, but I'm going to start a marketing campaign for a film I produced. It can be rented for $5 and bought for $10.
Let's say the cost per click is $1 and we get a good conversion rate of 5%, isn't it impossible to generate any money?
Let's say I spend $1000 per month and so we get 1000 clicks and 5% (50 people) rent/buy it (we'll say half rent and half buy), that's only bringing in $375?? Does this mean you need to charge at least $20 for a product in order to break even with a good conversion rate?