Glossary

Plain-English definitions of lead generation, marketing, and business terms every home service contractor should know.

50 terms

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Click-Through Rate (CTR)

Digital Marketingintermediate

The percentage of people who see your ad and actually click on it — if 100 people see your ad and 5 click, that's a 5% CTR.

Close Rate

Salesbeginner

Close rate is the percentage of estimates or quotes you turn into actual paying jobs — if you give 10 estimates and win 3 jobs, your close rate is 30%.

Cold Lead

Lead Generationbeginner

A potential customer who doesn't know you exist and has never heard of your concrete business — they're just starting to research their project.

Content Marketing

Marketingintermediate

Creating and sharing helpful content (videos, blog posts, social media) that positions you as the expert and brings customers to you instead of you chasing them.

Conversion Rate

Salesbeginner

The percentage of leads that actually become paying customers — if you get 10 leads and close 3 jobs, your conversion rate is 30%.

Cost Per Acquisition (CPA)

Lead Generationbeginner

How much money you spend to turn a prospect into a paying customer — if you spend $168 on marketing to get one $8,000 concrete job, your CPA is $168.

Cost Per Click (CPC)

Digital Marketingbeginner

How much you pay each time someone clicks on your Google or Facebook ad — if your CPC is $3.50, you pay $3.50 every time someone clicks your ad.

Cost Per Lead (CPL)

Lead Generationbeginner

Cost Per Lead is how much money you spend to get one potential customer to contact you — if you spend $840 on marketing and get 20 leads, your CPL is $42 per lead.

Cross-Selling

Salesbeginner

Selling additional services to a customer who's already hired you for one job — like offering decorative concrete when they call for a basic driveway pour.

Customer Acquisition Cost (CAC)

Business Operationsintermediate

The total amount you spend on marketing and sales to land one new customer — if you spend $1,000 on marketing and get 5 customers, your CAC is $200 per customer.

Customer Lifetime Value (LTV)

Business Operationsintermediate

The total amount of money you'll make from one customer over the entire time they do business with you, including repeat jobs and referrals.

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