Calculate the cost per qualified lead by inputting marketing expenses and the number of qualified leads generated.
Learn how to use the Cost Per Qualified Lead Calculator calculator and its working principles
The Cost Per Qualified Lead is calculated by dividing the total marketing cost by the number of qualified leads generated. This metric helps businesses understand the efficiency of their marketing campaigns in terms of lead generation.
Formula:
Cost Per Qualified Lead = Total Marketing Cost / Number of Qualified Leads
If a company spent $10,000 on marketing and generated 500 qualified leads, the cost per qualified lead would be:
$10,000 / 500 = $20.00 per lead