timeshifter
Well-Known Member
- Reaction score
- 2,445
- Location
- USA
I know some of you are laughing: "you still advertise in that thing? nobody looks at that anymore", etc.
I'm going into my 14th year in business. I do residential and very small business. One man show.
When I was getting started I didn't think I could afford to advertise there. But someone talked me into it, and I was glad for it. At the time (2004, 2005, etc.) I'm confident it helped me grow my business. Over recent years I've thought about cancelling it or changing things around, but felt that I didn't want to mess with success. I think it gives me some credibility to be able to say I've been in the book for 14 years.
The numbers don't add up now. Over the last 5 years about 25% of my sales have been from new customers (acquired over the last 5 years). But most of those new customers are from referrals or other sources. If I look at just customers who I think came from my YP advertising, that makes up about 3.5% of sales.
Viewed another way, my ad is about $250 per month and I'm getting $300 per month in revenue from that ad.
That charge is not just for the book. Say $175 goes for the annual listing in the physical book. The other $75 goes for supposed placement on yellowpages.com and whatever affiliate bs they say they're linking me to.
I know it's time to let it go. But it's hard to let it go.
Thoughts?
I'm going into my 14th year in business. I do residential and very small business. One man show.
When I was getting started I didn't think I could afford to advertise there. But someone talked me into it, and I was glad for it. At the time (2004, 2005, etc.) I'm confident it helped me grow my business. Over recent years I've thought about cancelling it or changing things around, but felt that I didn't want to mess with success. I think it gives me some credibility to be able to say I've been in the book for 14 years.
The numbers don't add up now. Over the last 5 years about 25% of my sales have been from new customers (acquired over the last 5 years). But most of those new customers are from referrals or other sources. If I look at just customers who I think came from my YP advertising, that makes up about 3.5% of sales.
Viewed another way, my ad is about $250 per month and I'm getting $300 per month in revenue from that ad.
That charge is not just for the book. Say $175 goes for the annual listing in the physical book. The other $75 goes for supposed placement on yellowpages.com and whatever affiliate bs they say they're linking me to.
I know it's time to let it go. But it's hard to let it go.
Thoughts?