“We try to keep it around 8 to 10% for most of our businesses… we take their marketing budget down when we need to get them more efficient with their calls.”

Jason Fox · AI & Marketing for Home Service Pros · What Operator-Led Private Equity Looks for Before It Buys

Play from 11:59
11:59

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Keep marketing spend at 8-10% of top-line revenue, adjusting down when call efficiency is low

8-10% of revenue

Said nearby on the same subject

“We started with about $25 million in top line revenue. And today we sit north of $350 million in top line revenue”
♫
Said on Profiles in Risk
Hard number $25 million in 2020 to over $350 million now Share this moment
“We use things like risk-based guardrails instead of just static rules. They adjust for things like inflation or market performance and even your spending needs.”
♫
Said on Retire Right Radio
Why it worked Share this moment
“It could take six months. It could take nine months. ... when you're doing hard things especially, it's important to keep in mind that you need time to really adjust and get settled in and feel comfortable.”
MG
Molly Graham
Worklife with Molly Graham ·
Hard number 6 months, 9 months Share this moment
“When you have a stock that is selling a major part of its business… you want to look at what the proceeds are… then keep an eye on the rewritten sell lines as the share price adjusts”
♫
Said on Quality At Value - Value Investing In Shares
How they work Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.