Hi all! I came from one of Jimmy's Q&A session and thought he delivered a lot of value. I'm new to the whole SMMA / FB Advertising space. I'm focusing on lead gen via facebook ads. I think EG's fb ad delivery course is mediocre, and value that Uncle Jim provides is definitely of higher value.
I was thinking of the below proposal / offer essentially. Any thoughts?
"Hi Mr Prospect, given that your average order size is hypothetically $20,000, I charge 1% per lead, which is approx $200. I'll deliver you 10 leads with a $1000 budget per month, meaning that it'll cost you $2,000 per month for my services, and every lead I don't generate you I'll pay you back the cost of a lead, that way I only profit when you do.
Based on my maths:
Outcome for client:
- 10 Leads per month
- Ad infrastructure
Costs
- Set up fee (lets say $1,000)
- Monthly Budget on Adspend ($1,000)
- Cost per lead ($200)
Payment timeline
- Set up fee: upfront
- Monthly budget on adspend: at start of month
- cost per lead ($2,000 at start ad running period, and leads not generated I'll pay the diff)
My issue is that it sounds super fkn complicated LOL and I don't want the confusion of maths scare off my niche. Is there a way to simplify this? Note I'm a total newbie so I think pay on performance makes sense. I don't think I can do a retainer yet like Thank you!