This Spreadsheet Shows You The Results You’ll Get From Inbound Marketing

Posted by Ken Semple

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Inbound Marketing is completely predictable. This image shows you an example of the results you will achieveIt’s difficult to predict the results you’re going to get from traditional marketing. This means that more often than not you’re making a guess when you plug your marketing results into your business plan.

Inbound Marketing on the other hand is completely predictable and there is plenty of data to back that up. You can make a business plan, complete with realistic goals for your marketing results, when you’re doing your marketing under an inbound marketing strategy.

To make it easy for you to determine the results that inbound marketing will achieve for your business, we’ve created our Inbound Marketing Calculator spreadsheet. All you need are your current numbers for website visits, leads and sales and it does the rest. Enter these values and it will tell you what inbound marketing will produce for your business after 6 months, 12 months and 24 months.

I’ll start with the spreadsheet because I know you want to get it in front of you

This spreadsheet is really easy to use, all you need are some basic stats about your website. Collect the following information and open the spreadsheet:

  • The number of Visitors, Leads and Customers your website produced per month 1 year ago

  • The number of Visitors, Leads and Customers your website produced last month

If you’re not sure about these numbers, just have a guess. If you don't have last years number, again guess and make them a little smaller than this years.

Here’s how to work the spreadsheet:

  1. Open up the spreadsheet and you’ll see the table below

  2. The cells in blue are where you can enter your data

  3. Enter your visits, leads and sales from a year ago and for now

  4. The spreadsheet does the work from there

Enter your data into the blue cells of the inbound marketing calculator spreadsheet

Click on the button below to download the spreadsheet to try it for yourself. Read on to learn more about how we calculate these results.

 

Download The Inbound Marketing Calculator Spreadsheet

 

The results explained

The website will calculate the growth you have achieved on your website for the past year along with the growth you can achieve by implementing a typical inbound marketing strategy.

The spreadsheet shows what a typical inbound marketing program will achieve for you in 6 months, 12 months and 24 months.

The bottom table in this worksheet compares what you will achieve with inbound marketing to what you would achieve at your current growth rate after 2 years.

The image below shows an example of a typical B2B website.

An example of the typical results you can get from Inbound Marketing

In this example we see 26 more customers produced each month by the website after executing a typical inbound marketing strategy for 2 years.

Think about your ideal client, what is their lifetime value to your business and how much revenue will 26 more customers per month produce for your business?

How these results are calculated

These results are calculated from data provided in “Return on Investment from Inbound Marketing through Implementing HubSpot Software - January 2014”. This is an annual report by the Massachusetts Institute of Technology.

Data from over 5700 websites where inbound marketing is being implemented is analysed allowing typical results to be predicted based upon the starting point.

Our spreadsheet has a second worksheet which shows the multipliers you can use to determine the results you’ll get. I have included a copy of these tables here for your reference.

Overall Increase in Visitors by Starting Volume of Traffic per Month
   After Inbound Marketing for:
6 Months 12 Months 24 Months
1 to 199 starting visitors 6.0x more traffic 13.4x more traffic 13.8x more traffic
200 to 499 starting visitors 3.2x more traffic 6.2x more traffic 9x more traffic
500 to 1,999 starting visitors 1.9x more traffic 2.9x more traffic 3.9x more traffic
2,000+ starting visitors 1.5x more traffic 2.1x more traffic 2.5x more traffic

 

Overall Increase in Leads by Starting Number of Leads per Month
   After Inbound Marketing for:
6 Months 12 Months 24 Months
1 to 5 starting leads 5.0x more leads in db 15.2x more leads in db 44.8x more leads in db
6 to 20 starting leads 2.8x more leads in db 7.5x more leads in db 22.4x more leads in db
21 to 99 starting leads 2.6x more leads in db 5.7x more leads in db 25.6x more leads in db
100 to 499 starting leads 1.8x more leads in db 4.1x more leads in db 12.4x more leads in db
More than 500 starting leads 1.1x more leads in db 2.8x more leads in db 14x more leads in db

 

You can see from these tables that the results you get from Inbound Marketing using the HubSpot software are quite predictable and depend on where you’re starting from.

The results are obtained through doing 6 to 10 hours per week on your inbound marketing.

Inbound Marketing - An effective strategy for growing your business

Because the results you achieve through inbound marketing are predictable. You can easily create a business case for starting your inbound marketing.

Knowing your average lifetime customer value and how many customers your website will produce over a given time for a given expenditure, you can determine whether inbound marketing is worth pursuing.

You can learn more about how you can grow your business with inbound marketing by downloading our free eBook “Grow Your Business Using Inbound Marketing

 

Here’s that spreadsheet link again…

Download The Inbound Marketing Calculator Spreadsheet

 

  

 

Download our free eBook: Grow Your Business Using Inbound Marketing

Topics: Inbound Marketing

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