Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Technology
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

25
Posts
3
Votes
Dan Nguyen
  • Real Estate Investor
  • Phoenix, AZ
3
Votes |
25
Posts

Online FB & Google Ads Cost per lead

Dan Nguyen
  • Real Estate Investor
  • Phoenix, AZ
Posted

I'm about to dump a hefty bit of money into online ads and I'm wondering what everyone's cost per lead is for ads spent on FB ads and Google Ads to get a benchmark.

Most Popular Reply

User Stats

10
Posts
4
Votes
Jonathan Ryzowy
  • Specialist
  • NY
4
Votes |
10
Posts
Jonathan Ryzowy
  • Specialist
  • NY
Replied

Hey Dan,

Many years in this industry and this is the most common question when it comes to Digital Marketing.

First, I want to mention that if you are looking to advertise your company through Social Media marketing and your company's business is real estate, then you might want to reconsider that, it is well known that the best way to advertise for realtors, agents, etc. is through google paid search.

That said, when it comes to marketing, you shouldn't see it as: How much should I take out of my pocket to do it? Because it just will not work, Digital Marketing is a slow certain success.

Understanding that Digital Marketing is a reinvestment from your company into your company, so instead of trying to measure it by click, shall you measure it by month or year and split the budget between different marketing strategies through the first month or so, to find out which campaign is the most successful and then target the rest of the budget to that specific campaign.

Testing might be a little bit expensive to handle it on your own, I would recommend hiring professional services.

Should you have further questions please do not hesitate to ask.

Cheers,

Loading replies...