How to price and sell call tracking to your clients - CallTrack

Call tracking is a powerful tool that can help you and your clients measure and improve your marketing performance. By using call tracking, you can track and analyze phone calls that are generated by your marketing campaigns, and attribute them to specific sources, keywords, ads, or landing pages. You can also use call tracking to record and transcribe phone conversations, and use artificial intelligence (AI) to extract insights and feedback from them. Call tracking can help you and your clients optimize your marketing strategies, increase your conversions and revenue, and enhance your customer experience.

However, not all clients are aware of the benefits and value of call tracking, and some may be reluctant or resistant to use it. As a digital marketing agency, you may face some challenges and objections when trying to sell call tracking to your clients. How do you convince your clients that call tracking is worth investing in? How do you price and package your call tracking services? And how do you demonstrate the results and ROI of call tracking to your clients?

In this article, we will provide you with a practical guide on how to price and sell call tracking to your clients, and overcome the common challenges and objections that you may encounter.

How to Price Your Call Tracking Services

One of the first questions that you need to answer when offering call tracking to your clients is how much to charge for it. There is no one-size-fits-all answer to this question, as it depends on various factors, such as your costs, your value proposition, your target market, and your competition. However, here are some general tips and best practices that can help you price your call tracking services:

 

• Understand your costs. Before you set your price, you need to understand your costs of providing call tracking to your clients. This includes the cost of the call tracking software or service that you use, the cost of the phone numbers that you rent or buy, the cost of the calls that you make or receive, and the cost of your time and resources that you spend on setting up, managing, and reporting on call tracking. You need to calculate your total cost per client, per campaign, or per call, depending on how you want to structure your pricing.
• Understand your value proposition. After you understand your costs, you need to understand your value proposition, or the benefits and outcomes that you deliver to your clients by using call tracking. This includes the increase in leads, conversions, revenue, and ROI that you generate for your clients, as well as the insights and feedback that you provide to your clients to help them improve their marketing performance and customer experience. You need to quantify and communicate your value proposition to your clients, and show them how call tracking can help them achieve their goals and solve their problems.
• Understand your target market. Next, you need to understand your target market, or the type and size of clients that you want to serve with your call tracking services. This includes the industry, niche, location, and budget of your ideal clients, as well as their needs, preferences, and expectations. You need to research and segment your target market, and identify the opportunities and challenges that you face in reaching and serving them. You also need to understand their willingness and ability to pay for your call tracking services, and how they perceive the value of call tracking.
• Understand your competition. Finally, you need to understand your competition, or the other agencies or providers that offer call tracking services to your target market. This includes the features, pricing, and reputation of your competitors, as well as their strengths and weaknesses. You need to analyze and compare your competition, and identify your competitive advantage and differentiation. You also need to understand how your clients perceive and evaluate your competition, and how you can position yourself as the best choice for them.

 

Based on these factors, you can choose a pricing strategy that suits your business model and goals. 

 

Choosing the Right Pricing Strategy and Model for Your Call Tracking Service

Pricing is one of the most important decisions that you have to make for your call tracking service. Your pricing strategy and model can affect your revenue, profit, customer satisfaction, and competitive edge. Therefore, you need to choose a pricing strategy and model that matches your business model and goals, and that reflects the value that you provide to your clients.

There are various pricing strategies and models that you can use for your call tracking service, each with its own advantages and disadvantages. Some of the most common ones are:

Cost-plus pricing. This is where you add a certain percentage or amount to your costs, and charge your clients accordingly. For instance, if your cost per call is $1, and you want to make a 50% profit, you can charge your clients $1.5 per call. This pricing strategy is simple and easy to implement, but it may not capture the true value of your service, and it may not be very competitive or profitable. Value-based pricing. This is where you charge your clients based on the value or the outcome that you create for them, rather than your costs. For example, if you can generate $10 in revenue for your client for every call that you track, you can charge your client a fraction of that revenue, such as 10% or $1 per call. This pricing strategy is more aligned with your value proposition and your clients’ objectives, but it may be difficult to calculate and justify, and it may rely on external factors that you cannot control. 

Competitive pricing. This is where you charge your clients based on the prices of your competitors, rather than your costs or your value. For example, if your competitors charge $2 per call, you can charge your clients the same price, or slightly lower or higher, depending on your competitive advantage and differentiation. This pricing strategy is more responsive to the market demand and supply, but it may not reflect your costs or your value, and it may reduce your profit margin or your brand image.

You can also mix and match pricing strategies

Or use different pricing strategies for different clients, campaigns, or services. For instance, you can use cost-plus pricing for your basic call tracking service, value-based pricing for your advanced call tracking service, and competitive pricing for your premium call tracking service. You can also use different pricing models, such as:

Flat fee. This is where you charge your clients a fixed amount for your call tracking service, regardless of the number of calls that you track. For example, you can charge your clients $500 per month for your call tracking service. This pricing model is simple and predictable, but it may not be flexible or scalable enough, and it may not reflect your costs or your value. 

Per call. This is where you charge your clients a variable amount for your call tracking service, based on the number of calls that you track. For example, you can charge your clients $1 per call for your call tracking service. This pricing model is flexible and scalable, but it may not be stable or profitable enough, and it may depend on the volume and quality of the calls. 

Per lead. This is where you charge your clients a variable amount for your call tracking service, based on the number of leads that you generate for them. For example, you can charge your clients $10 per lead for your call tracking service. This pricing model is more aligned with your value proposition and your clients’ goals, but it may be hard to define and measure, and it may depend on the conversion and revenue of the leads. 

Per result. This is where you charge your clients a variable amount for your call tracking service, based on the results or the outcomes that you deliver to them. For example, you can charge your clients a percentage of the revenue or the ROI that you generate for them. This pricing model is the most value-based and outcome-oriented, but it may be the most challenging to calculate and justify, and it may rely on external factors that you cannot control.

You can also combine these pricing models, or use different pricing models for different clients, campaigns, or services. For example, you can use a flat fee for your basic call tracking service, per call for your advanced call tracking service, and per result for your premium call tracking service.

How to Sell Your Call Tracking Services

Once you have decided on your pricing strategy and model, you need to sell your call tracking services to your clients, and overcome the common challenges and objections that you may face. Here are some tips and best practices that can help you sell your call tracking services:

• Educate your clients. One of the main challenges that you may face when selling call tracking to your clients is the lack of awareness and understanding of the benefits and value of call tracking. You need to educate your clients about what call tracking is, how it works, and why it is important for their business. You can use various methods and materials to educate your clients, such as blog posts, case studies, webinars, videos, or demos. You can also use statistics and facts to back up your claims and show the impact of call tracking on your clients’ marketing performance and ROI.
• Identify your clients’ pain points. Another challenge that you may face when selling call tracking to your clients is the resistance or reluctance to change their current practices or invest in a new service. You need to identify your clients’ pain points and show them how call tracking can help them solve their problems and achieve their goals. You can use various techniques and tools to identify your clients’ pain points, such as surveys, interviews, feedback forms, or customer journey maps. You can also use questions and stories to elicit your clients’ pain points and empathize with them.
• Demonstrate your value proposition. Once you have identified your clients’ pain points, you need to demonstrate your value proposition and show them how call tracking can help them overcome their challenges and improve their outcomes. You can use various methods and materials to demonstrate your value proposition, such as testimonials, reviews, ratings, or referrals. You can also use examples and scenarios to illustrate your value proposition and show the before and after effects of call tracking on your clients’ marketing performance and ROI.
• Address your clients’ objections. Even after you have demonstrated your value proposition, you may still face some objections from your clients, such as the cost, the complexity, the compatibility, or the legality of call tracking. You need to address your clients’ objections and overcome their concerns and doubts. You can use various techniques and tools to address your clients’ objections, such as FAQs, comparisons, guarantees, or trials. You can also use objections as opportunities to reinforce your value proposition and show the benefits and advantages of call tracking over the alternatives or the status quo.
• Close the deal. Finally, after you have addressed your clients’ objections, you need to close the deal and persuade your clients to buy your call tracking service. You can use various techniques and tools to close the deal, such as discounts, incentives, urgency, or scarcity. You can also use calls to action, such as a sign-up button, a contact form, or a phone number, to encourage your clients to take the next step and start using your call tracking service.

Convince Your Clients to Invest in Call Tracking

Call tracking is a valuable service that can help you and your clients measure and improve your marketing performance. By using call tracking, you can track and analyze phone calls that are generated by your marketing campaigns, and attribute them to specific sources, keywords, ads, or landing pages. You can also use call tracking to record and transcribe phone conversations, and use artificial intelligence to extract insights and feedback from them.

However, selling call tracking to your clients can be challenging, as some of them may not be aware of the benefits and value of call tracking, or may be resistant or reluctant to use it. To overcome these challenges and objections, you need to educate your clients, identify their pain points, demonstrate your value proposition, address their objections, and close the deal.