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Calculating ROI
Strategy & ROI

How to actually calculate ROI with a marketing agency.

Most owners do this wrong. They’re comparing the wrong numbers.

ROI = (revenue from marketing leads − marketing cost) ÷ marketing cost.

If you spend $2,000/month and book $14,000 of work from those leads, your ROI is 6x. Anything above 3–4x in home services is a healthy marketing engine.

Five numbers. Every month.

  • 01
    Total leads
    Every form, every call, every quote request. From every channel.
  • 02
    Cost per lead
    Total spend ÷ total leads. The earliest signal that something is working or breaking.
  • 03
    Booked rate
    What percentage of leads turned into jobs. This is on you, not the agency.
  • 04
    Average job value
    Revenue per booked job. Multiply by booked leads = revenue.
  • 05
    Total marketing cost
    Agency fee + ad spend + any tools. The denominator.

Most owners measure cost. The right number is payback.

A $3,000/month agency that produces $20,000 in booked work is cheap. A $500/month agency that produces $1,000 is expensive. Stop comparing fees. Compare what the fees return.

The bottom line

If you can’t see the numbers monthly, you can’t calculate ROI.

Demand the report. Then judge the agency on it, not on opinion.