As a personal injury lawyer, you know that advertising your practice can be difficult and costly. Personal injury is a crowded market, and you must focus much of your budget on marketing. How do you know if those marketing efforts bring new leads and clients to your firm?<\/p>\n
While it used to be hard to track if your marketing dollars were working when your firm name was on billboards and buses, there are easier ways to track your digital marketing efforts to ensure that your marketing strategies are bringing in personal injury clients.<\/p>\n
The only way to know for sure is to measure your law firm’s marketing spend’s return on investment (ROI).<\/a><\/p>\n There are many ways to\u00a0measure law firm marketing ROI<\/a>. While the most obvious and necessary is to ask leads and clients how they heard of the law firm on intake calls, it\u2019s important to note that not all law firm marketing success can be measured in new business. This is especially true since strategies like branding, lead generation, cross-marketing, and referrals can be marketing marathons and not sprints. With the plethora of data available from digital marketing, though, there are numerous other ways to gauge law firm marketing dollars\u2019 success.<\/p>\n Generally, calculating a\u00a0law firm\u2019s marketing<\/a>\u00a0ROI is to measure profit and revenue growth against money spent on marketing initiatives. An ROI measurement can be used to determine all the law firm\u2019s marketing efforts in a lump or on a singular\u00a0legal marketing campaign<\/a>.<\/p>\n Typically, businesses of all kinds rely on ROI measurements to justify expenditures. An alternative way to use ROI is to understand what marketing efforts work, and which don\u2019t and adjust accordingly for a better ROI.<\/p>\n However, ROI can \u2014 and should \u2014 be calculated beyond the profit\/revenue indicator in today’s digital marketing landscape. We have the tools available to measure reach and engagement and build lasting relationships with prospective clients, job candidates, referral sources, and members of the media. The value of those kinds of ROI should not be dismissed.<\/p>\n Before starting any personal injury marketing campaign or initiative, clearly understand its goal. This could be increased website traffic, lead generation, or attracting top talent. Defining what the marketing efforts are meant to achieve is important in tracking progress and assessing ROI.<\/p>\n Here are the key ways to measure if your legal marketing dollars are working for you:<\/p>\nWhat is Law Firm Marketing ROI?<\/h2>\n
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