Service Business Marketing Campaign Trends - October 2024
Every home services company owner dreads the month of September. It's called the shoulder month because the lead volume and sales drop. If you didn't add non-digital campaigns to your marketing mix, you may be experiencing lower lead and revenue volume.
Within our programmatic Contextual Digital Marketing* campaigns, it costs as little as $2.37 per conversion to engage a heating, cooling (HVAC), electrical, or plumbing customer through native and display programmatic marketing campaigns in September 2024.*
Compared to September 2024, the average cost per unique conversion rose.
As we anticipated, costs increased in October 2024 as demand softened, finances tightened, and the 2024 election loomed.
The following is aggregated average data for three distinct US markets (one established and two new market entries into the residential home services market):
Website Referrers Contribute to Website Traffic
Recommendations
On average (for our reporting), it costs $74.68 to acquire heating, cooling (HVAC), electrical, or plumbing leads through Google PPC marketing campaigns in October 2024.
The following data is for two distinct markets and spending levels. Click the tab to compare.
PPC budget greater than $4,000
Data based on high threshold primary conversion actions
PPC budget less than $4,000
Data based on low threshold, click to call primary conversion action
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Within our programmatic Contextual Digital Marketing* campaigns, it costs as little as $2.37 per conversion to engage a heating, cooling (HVAC), electrical, or plumbing customer through native and display programmatic marketing campaigns in September 2024.*
Compared to September 2024, the average cost per unique conversion rose.
As we anticipated, costs increased in October 2024 as demand softened, finances tightened, and the 2024 election loomed.
The following is aggregated average data for three distinct US markets (one established and two new market entries into the residential home services market):
Website Referrers Contribute to Website Traffic
Recommendations
Do you feel powerless because you’re competing against deep-pocketed competitors? Call today to design a strategy to capture demand, create new customers, and grow your business.
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