Per Inquiry Ad Process Becomes Cheaper, More Accessible
Advertisers can get results with 30 percent fewer toll-free
numbers
PHOENIX (Feb. 15, 2007) — Improvements in Higher Power Marketing’s
(HPM) proprietary per inquiry (PI) data processes are allowing clients to advertise
through an increasing number of media outlets while paying less to track customer
response.
The upgrades are making PI advertising more affordable – thus, more
accessible – for would-be clients.
The key to PI – also known variously as cost per lead (CPL), pay per
lead (PPL), cost per action (CPA) or direct response (DR) – is that the
client receives free ad time and space while paying only for results. Arizona-based
HPM has relationships with media outlets across the country – radio, television,
print, Internet and movie theaters – and access to their unsold inventory.
The agency acquires the rights to the unsold time and/or space for its clients,
which pay only for qualified responses. Thus, a client can establish a stable,
predictable CPL within its business plan, assuring a positive return on investment
(ROI). HPM is a leader in PI and one of only a few firms to offer a money-back
guarantee on the per inquiry advertising it places (http://www.hpowermarketing.com/our_guarante.asp).
One advantage of PI advertising is that it’s trackable. HPM provides
a turnkey package that includes exclusive toll-free numbers for potential customers
to respond. When they do, the PI advertising agency’s contract call centers
answer the incoming calls.
According to HPM President and CEO Peter Feinstein, the recent upgrades in
the agency’s PI database-management processes can cut the number of toll-free
numbers required by 30 percent. “Reducing the number of toll-free numbers
required for a campaign results in quite a cost savings for clients. Fewer toll-free
numbers means fewer versions of a commercial need to be produced,” Feinstein
says. “It’s all about saving our clients money on the front end and
helping them see a positive ROI on the back end.
HPM’s emphasis on PI or CPL results appeals to clients who care about
how well their advertising works, not necessarily when or where it runs. Those
clients come from a variety of business sectors, including:
- Health insurance
- IRS tax resolution
- Structured
settlements
- Higher education
- Mortgage
- Credit counseling
- Tort
litigation
- Home/lifestyle improvement
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- Business opportunities
- Home care products
- Travel
vacation sales
- Automotive aftermarket
- Debt elimination
- Information
services
- Weight-loss programs
- Medical discount programs
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By allowing clients to do more for less, HPM makes PI advertising accessible
to companies interested in growing business without the usual risks associated
with advertising.
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