Setting the Right Price Per Lead
Setting the Right Price Per Lead
Your price per lead directly impacts the quantity and quality of leads you receive. Here's how to set a price that works for your business.
How Pricing Works
When you create a lead request, you set the price you'll pay for each lead. This price is visible to sellers and influences their decision to submit leads to you.
- Minimum price: £5 per lead
- No maximum: Set any price that makes sense for your business
- You control it: Change your price anytime
Factors to Consider
1. Your Customer Lifetime Value (CLV)
How much is a customer worth to your business over time?
| Business Type | Typical CLV | Suggested Price Range |
|---|---|---|
| One-time service (e.g., moving) | £200-500 | £10-30 |
| Recurring service (e.g., cleaning) | £1,000-5,000 | £20-50 |
| High-value service (e.g., legal, financial) | £5,000+ | £50-200 |
Rule of thumb: Your price per lead should be 2-5% of your expected customer value.
2. Your Conversion Rate
How many leads do you typically convert to customers?
| Conversion Rate | Leads Needed per Customer | Price Strategy |
|---|---|---|
| 50%+ (excellent) | 2 leads | Can pay higher prices |
| 25-50% (good) | 2-4 leads | Moderate pricing |
| 10-25% (average) | 4-10 leads | Conservative pricing |
| Under 10% | 10+ leads | Start low, optimize |
Example: If you convert 25% of leads and a customer is worth £400:
- You need ~4 leads per customer
- Maximum you should pay: £400 ÷ 4 = £100 per lead
- Safe starting price: £50-75 per lead
3. Competition in Your Category
What are other buyers in your category paying?
- Browse the Explore page
- Filter to your category
- Note the price ranges
Strategy:
- Match the average for steady lead flow
- Pay more to attract the best leads first
- Pay less if you're testing or have budget constraints
4. Lead Quality Expectations
Higher prices generally attract:
- More experienced sellers
- Better qualified leads
- More complete information
- Faster submissions
Lower prices may result in:
- Fewer submissions
- More casual sellers
- Variable quality
Pricing Strategies
Conservative Start
Best for: New users testing the platform
- Start at the lower end of your range
- Monitor lead quality and volume
- Increase gradually if needed
Example: Start at £15, increase to £20, then £25 based on results
Competitive Pricing
Best for: Established businesses wanting consistent flow
- Research competitor prices in your category
- Match or slightly exceed the average
- Differentiate with better descriptions and terms
Premium Pricing
Best for: Businesses prioritizing quality over quantity
- Set prices 20-50% above average
- Add strict qualifying terms
- Expect fewer but higher quality leads
Dynamic Pricing
Best for: Experienced users optimizing ROI
- Adjust prices based on:
- Seasonal demand
- Current lead quality
- Budget remaining
- Increase prices during slow periods
- Decrease when leads are flowing well
Common Pricing Mistakes
❌ Pricing Too Low
Problem: Sellers skip your request for higher-paying ones.
Signs:
- Very few leads coming in
- Long gaps between submissions
- Sellers choosing competitors
Fix: Increase your price by £5-10 and monitor changes.
❌ Pricing Too High
Problem: You get leads but ROI doesn't work.
Signs:
- Good volume but poor conversion
- Spending budget quickly
- Leads don't match expectations
Fix: Lower price slightly and add stricter qualifying terms.
❌ Not Considering Your Full Funnel
Problem: Only looking at lead cost, not total cost per customer.
Example:
- £20 per lead × 5 leads = £100 cost per customer
- If customers are worth £500, that's 20% acquisition cost ✅
Price Comparison by Industry
These are typical ranges—your specific situation may vary:
| Industry | Low | Average | Premium |
|---|---|---|---|
| House Cleaning | £10 | £20 | £35 |
| Plumbing | £15 | £30 | £50 |
| Legal Services | £50 | £100 | £200+ |
| Financial Advice | £40 | £75 | £150 |
| Home Renovation | £25 | £50 | £100 |
| Personal Training | £10 | £20 | £40 |
Adjusting Your Price
How to Change Your Price
- Go to Lead Requests
- Find your lead request
- Click Edit
- Update the Price Per Lead
- Click Save
Changes take effect immediately for new submissions.
When to Increase
- You're getting great leads and want more
- Lead volume is low
- You have budget room
When to Decrease
- Lead quality doesn't justify the cost
- You're hitting budget too quickly
- Testing a new category
Pro Tips
- Track your numbers – Know your conversion rate and customer value
- Test different prices – Run at one price for a month, then adjust
- Read rejection reasons – Understand why leads aren't converting
- Talk to sellers – Message successful sellers for feedback
- Review monthly – Prices should evolve with your business
Next Steps
Need Pricing Advice?
Not sure what price is right for your industry? Contact support and we can help.