Customer Acquisition Goals

Achieving Customer Acquisition Goals with Inbound Sales

Table of Contents

How much money do you want to make this year? It feels like a simple question, but for most business owners, the answer is usually a big, round number plucked from thin air. You throw a goal at the wall and hope it sticks, but hope is not a sound acquisition strategy.

 

Your revenue target directly controls your customer acquisition goals. They are two sides of the same coin, and a specific customer acquisition objective must be tied to your financial targets. Without a realistic plan for getting new customers, that big revenue number is just a dream.

 

You'll learn that building a predictable growth engine starts with some basic math. We are going to connect the dots between your big-picture financial targets and the number of paying customers you need to find and win. This is how you build a business that scales instead of one that stalls

 

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Why Your Revenue 'Goal' is Probably Just a Guess

I once sat down with a potential partner for my HubSpot agency who wanted to hit ten million dollars in revenue within a few years. When I asked him how he landed on that number, his answer was simple: "It sounds good."

 

That conversation didn't go very far. I've seen this scene play out dozens of times over my 25 years in enterprise sales and consulting. Business owners get fixated on a vanity metric without doing the math to see if it is even possible, which derails the entire acquisition process.

 

Setting a goal without a plan is just wishful thinking, and it harms your marketing efforts before they even begin. A real acquisition objective has a clear path backed by numbers. You need to know your costs, your profit margins, and what it truly takes to deliver your service or product before you can set a meaningful target.

Lifestyle Business vs. A Scalable Company

Before you think about numbers, you have to decide what kind of business you're building. Are you creating a job for yourself that gives you a comfortable lifestyle? Or are you building a scalable enterprise that you might one day sell?

 

There's no right or wrong answer here, but the path for each is completely different. A lifestyle business is about maximizing your personal income while maintaining a certain quality of life. A scalable business is about building systems and assets that can grow far beyond your direct involvement, often requiring sophisticated customer acquisition strategies.

 

Your financial goals and your approach to finding a target audience will look very different depending on which path you choose. An owner of a lifestyle business might be happy with $300,000 in annual profit. An entrepreneur building to sell might be focused on a $20 million revenue target to attract buyers, which demands a more aggressive set of customer acquisition channels.

Start With Profit, Not Revenue

Everyone loves to talk about top-line revenue because it's the sexy number that gets all the attention. But revenue is vanity, and profit is sanity. You can't pay your bills, your employees, or yourself with revenue.

 

The first step is to shift your thinking from "How much revenue do I want?" to "How much profit do I need to make?" This simple change forces you to look at the real health of your business. It also forces you to confront your customer acquisition cost head-on.

 

For example, if your company has a 40% gross profit margin, a $1 million revenue goal only translates to $400,000 in gross profit. From that, you must pay for sales, marketing, rent, and all your other overhead. Knowing this changes how you approach business growth and your overall acquisition efforts.

Figuring Out Your Magic Numbers

To set customer acquisition objectives based on reality, you need a few key metrics. These aren't complicated, but they are critical. Think of them as the vital signs of your business.

 

First, you need to know your overhead, which includes salaries, rent, software, and everything else it costs to just keep the lights on. Many service-based businesses use an overhead rate, often as a percentage of salary, to simplify this calculation.

Next, determine your desired profit margin, which is the percentage of revenue you want to keep after all costs are paid. This includes accounting for your acquisition costs. A business with a high acquisition cost may need a higher profit margin on each sale to remain healthy.

 

Finally, what is your Average Order Value (AOV) or average deal size? Knowing how much a typical potential customer spends is fundamental. This metric, combined with your customer lifetime value, will inform your entire marketing campaign and how much you can afford to spend to get a new customer.

Building a Realistic Customer Acquisition Model

Let's put this into practice with a hypothetical small consulting firm. You want to make $1 million in profit this year. How do you translate that into real, actionable customer acquisition goals?

 

We need to work backward from the profit target. This reverse approach makes your targets tangible. It turns a big, scary number into a series of smaller, achievable steps.

 

Setting and Achieving Profit Goals

 

It's all about connecting profit to your ideal customers. Let's build a simple model to show you how. We'll use some figures from my book, Solving Your Growth and Revenue Problem, to walk through it.

Step 1: Calculate Your Total Revenue Target

First, let's figure out the total revenue needed to hit your profit goal. If you want $1 million in profit and your business has a 40% profit margin, the math is straightforward.

 

Your total revenue needs to be the profit goal divided by the profit margin percentage. In this case, that's $1,000,000 / 0.40, which equals $2,500,000.

So, you need to generate $2.5 million in top-line revenue to hit your profit goal of $1 million. This number will guide all subsequent marketing strategies.

Step 2: Determine Your Costs and Capacity

Now, how much will it cost to deliver that $2.5 million in services? Let's say the average salary for your consultants is $120,000 per year. We can also assume your overhead rate is 70% of salary.

 

The fully-loaded cost for one consultant is their salary plus overhead. That's $120,000 + ($120,000 0.70), which comes to $204,000 per year.

 

To generate $2.5 million in revenue, you'd need about 12 consultants. This simple calculation already tells you something huge about your business. You know you need a team of roughly 12 people to hit your target, which directly impacts your capacity for digital marketing and sales activities.

Step 3: Calculate the Number of Customers Needed

The next piece of the puzzle is your average project size. How many projects or potential customers do you need to land to reach that $2.5 million target? Let's assume your average deal brings in $218,400.

 

You can find the number of new customers needed by dividing your revenue target by your average deal size. Here, that would be $2,500,000 / $218,400, which results in approximately 11.45.

 

Since you can't have half a customer, you need to close 12 deals this year. Suddenly, the goal feels much more real. Your core customer acquisition goal is not a vague revenue number; it's finding and winning 12 new clients.

Matching Your Strategy to Your Goals

Of course, most businesses aren't closing quarter-million-dollar deals. Maybe your average sale is closer to $10,000. The model still works perfectly; you just have to adjust the numbers.

 

If your goal is $1 million in revenue and your average deal is $10,000, you need 100 customers. That's a much different challenge than finding 12, right? This is why knowing your numbers is so important, as it completely changes your sales and marketing strategy.

 

Let's look at a simple table to compare these scenarios.

Annual Revenue Target Average Deal Size Customers Needed
$2,500,000 $218,400 12
$1,000,000 $10,000 100
$500,000 $2,500 200

 

Comparison infographic contrasting strategies for acquiring a few, high-value clients versus many, small-value clients. The high-value side lists account-based marketing, industry networking, personalized outreach, long sales cycle, and trust-building. The high-volume side lists content marketing, SEO and paid ads, automated funnels, shorter sales cycles, and systematic lead nurturing.

This is where your customer acquisition planning gets serious. The strategy to find 12 enterprise clients is vastly different from the one used to find 200 small business clients. Your chosen customer acquisition channel, your sales process, and your team structure all depend on it.

Acquisition Strategies for High-Value Clients

To land 12 high-value clients, mass marketing is inefficient. Your customer acquisition efforts should be highly targeted. This involves creating a detailed profile of your ideal customer, identifying their pain points, and engaging them directly.

 

Effective customer acquisition strategies here include account-based marketing, networking at industry events, and personalized outreach. Affiliate marketing with trusted partners can also open doors. The customer journey for these clients is longer and requires a strong customer relationship built on trust.

Acquisition Strategies for a High Volume of Customers

When you need to attract hundreds of customers, you need scalable acquisition channels. Your customer acquisition funnel must be automated and efficient. This is where a strong digital marketing presence becomes vital.

 

A successful customer acquisition plan for this scenario often includes content marketing to attract your target audience through blog posts and articles.

Optimizing your website for a search engine (SEO) helps you capture organic website traffic. Paid advertising on platforms like Google or social media can drive immediate leads, while email marketing nurtures them toward a purchase.

From Leads to Loyal Customers: The Funnel

Getting 12 closed deals doesn't mean you only need 12 leads. This is where your acquisition funnel comes into play. You have to understand your conversion rates at each stage of the sales process.

 

For example, you might know that for every 10 initial meetings you have, only one turns into a customer. That's a 10% close rate. This means that to get your 12 customers, you actually need to schedule 120 initial meetings.

 

Working backward like this gives your team clear, activity-based targets and removes the mystery from sales. Your team knows exactly what they need to do each month, week, and day to hit the big goal. This forms the foundation for setting fair and effective sales quotas.

Optimizing Your Acquisition Funnel and Beyond

To improve customer acquisition, you must consistently analyze and optimize your funnel. Identify areas where potential customers drop off and address them. This could involve creating more relevant content, simplifying your checkout process, or improving your customer service.

 

Adding social proof like testimonials and case studies can significantly increase conversion rates. A positive customer experience is not just for post-sale; it starts from the first interaction. Successful customer acquisition doesn't end when a contract is signed; it's about building a foundation for repeat business.

 

Remember that customer retention is a crucial part of a healthy business model. An existing customer is far less expensive to keep than acquiring a new one.

 

Implementing referral programs or a customer loyalty program can turn a one-time paying customer into a loyal customer and brand advocate, boosting sales and increasing your customer base over time.

Conclusion

Setting realistic revenue targets isn't about picking a number you like. It's a disciplined, mathematical process that forces you to understand your business from the inside out. It requires you to know your costs, understand your capacity, and be honest about what it takes to win a new customer.

 

When you connect your profit goals to the specific number of customers you need, everything changes. Your customer acquisition strategy gains focus, your marketing campaigns become more targeted, and your team has clear direction. You stop wishing for growth and start planning for it.

 

By following this process, you can build data-driven customer acquisition goals. This creates a clear, predictable path to growing your business. It is the difference between hoping for success and building a machine that produces it.

 

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Lonnie D. Ayers, PMP

About the Author: Lonnie Ayers is a Hubspot Certified Inbound Marketing consultant, with additional certifications in Hubspot Content Optimization, Hubspot Contextual Marketing, and is a Hubspot Certified Partner. Specialized in demand generation and sales execution, especially in the SAP, Oracle and Microsoft Partner space, he has unique insight into the tough challenges Service Providers face with generating leads and closing sales using the latest digital tools. With 15 years of SAP Program Management experience, and dozens of complex sales engagements under his belt, he helps partners develop and communicate their unique sales proposition. Frequently sought as a public speaker in various events, he is available for both inhouse engagements and remote coaching.
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He also recently released a book "How to Dominate Any Market - Turbocharging Your Digital Marketing and Sales Results", which is available on Amazon.

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