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| Use this calculator to find out how much each online lead coming from GetBiz would be worth to your business. Simply enter the
required values in the boxes below and click 'Calculate!' |
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About this calculator
The maths for the calculation assumes a 21 working days per month.
Example: 5 leads per day during a 6 month campaign with 20% conversion rate and an average order value of £25.00.
Value per month = 21 x 5 x 0.2 x £25 = £525
If the customer stays for three months (life cycle) and the orders are repeated (order frequency) every month, then for the first four months the order value increases by £525 each month.
Order value by month 4 = 4 x £525 = £2100
As the customer life cycle is every three months there is a regular loss of customers for months 4, 5 and 6 of the campaign. This is balanced by new customers so the Income will level off at £2100 from month 4.
The total Income for the 6 month campaign is:
£525 + £1050 + £1575 +£2100 + £2100 + £2100 = £9450
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