Bookings
Let's start by working out how many bookings you will get. If you get enquiries a month and you have conversion rate of %, that means you will get bookings a month. Because times by equals .
Revenue
Now lets work out your revenue. If you get bookings a month and your average order value is £, your revenue will be £. Because times by £ equals £.
Cost
Before we can work out your profit, we have to work out how much working with Wedding Metrics will cost. We charge £10 an enquiry, so if you get enquiries, it will cost you £. Because times by £10 equals £.
Profit
So now let's work out how much profit working with Wedding Metrics will make you. If we bring in £ in revenue, but it costs you £ to generate that revenue, then your profit is £. Because £ minus £ equals £.
Because your revenue of £ divided by your cost of £ equals £ this means for every £1 you spend with us, we make you £. That's a pretty great deal!