CreditRepairAds.com

December 14, 2019

Credit Repair Facebook Ads That Work In 2024

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HighLevel also has lots of general training for all industries.

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The Results

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Let’s check how we ended up, what did we learn and how we can improve.

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We generated 326 credit repair leads for our client and they enrolled 50 new customers with an average setup fee of $312.46.

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Which generated over $15,620 in immediate revenue.

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Our client’s model is PPD so we will also be generating future revenue from these enrollments.

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Their average client value is roughly around $1,200 per client.

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Therefore, this client could potentially net $60,000 from November’s enrollments.

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Not bad for a $2,000 ad spend.

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Pro-Tips

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    Solidify your sales process.

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    Have a script ready.

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    Consistent follow-up is crucial to ensure a positive ROI.

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    Sometimes it takes 5-7 outbound calls over a 1–3-week period to consult a lead and give your sales team the ability to close that business.

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    Protect your account, never fall for scams via Facebook messenger DMs about your profile page.

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DISCLAIMER: Please be sure your business is in compliance with the Telemarketing Sales Rule when selling your credit repair services to customers. We encourage you to seek counsel from a licensed business attorney in your state.
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Conclusion

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Facebook ads for credit repair companies can prove to be profitable and an excellent addition to any marketing plan.

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It is important to ensure that you consider how many leads your organization can handle as you can get more credit repair leads from Facebook for under $5 each on average.

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Also, it is important to understand the differences in lead quality.

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Referral leads should always be a credit repair company’s priority.

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Develop sound relationships with realtors, loan officers, and other complimenting professionals.

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These leads typically are free and will close at a much higher percentage.

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Internet/Facebook leads will usually close at a lower percentage (5%-20%) depending on your sales process.

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In our experience, clients with a sound sales and follow-up process can achieve closer to 20% closing percentage.

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In other words, they will close 20 out of 100 leads.

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When you consider the ROI, many companies enjoy investing in Facebook ads for their organizations.

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