Guest post by Richard Bufkin.
Marketing a product or service costs money, and it is not always clear how beneficial a marketing campaign will be. Companies rely on a variety of metrics to help them see how sales and marketing produce financial benefits for the organization, whether the goal is to increase leads (which marketing controls) or sales (which relies on sales-marketing alignment).
Analyzing cost per lead and cost per sale are both important, but are obviously functionally different metrics with unique use cases. Understanding how to use each one can provide you with valuable information in your next marketing or sales campaign.
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