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GP Report

Simon Fieldstead

Created on August 27, 2021

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Transcript

Web Leads Profitability Report

Top line Analysis of the Profitability of the Web Leads Department 2021 Compared to 2020 & 2019

Executive Summary

Data

Analysis

Next steps

Executive Summary

In a Nut Shell

Executive Summary

2021 vs 2020 & 2019

All figures contained within this report where taken from the official Veriform billing sheet.

  • The purpose of this report is provide the financial information that represents the performance of the Web Leads product over a 3 year period, as well as analysing the 2021 forecasted profitability.
  • The total number of campaigns in 2021 is 10. Compared to 12 in 2020 and 6 in 2019
  • Turnover is forecast to be up by 20% compared to 2020 and 51% compared to 2019.
  • Gross profit is forecast to be down by 23% compared to 2020 and up by 26% compared to 2019.
  • The profit margin is currently at 15% compared to 25% in 2020 and 23% in 2019
  • Recommendations include: re-introducing ROE to all campaigns, re-focusing the sales team on to the most profitable campaigns, decreasing the time taken to build new campaigns (specifically the most profitable), introduce a company pricing structure.

Data

The Detail

Data

2021 Forecasted Turnover

Average turnover per month in 2019- £127k Average turnover per month in 2020 - £208k Average turnover per month in 2021 - £259k

£3.1M

up 20% on 2020up 51% on 2019

Data

2021 Forecasted Gross Profit (GP)

Average GP per month in 2019- £29k Average GP per month in 2020 - £51k Average GP per month in 2021- £39k

£407k

down 23% on 2020up 26% on 2019

Gross Profit vs Turnoever

July 2019 to July 2021

Profit Margin (%)

July 2019 to July 2021

Analysis

Trend Observations

  • 2019 peaked at 26% with a low of 21%
  • 2020 peaked at 30% with a low of 18%
  • 2021 peaked at 20% with a low of 13%

Campaign Analysis

2019 (Jul to Dec)

Most Revenue Generated

Most Profit Campaigns

Over 50's - 84% (Margin = 24%)Equity Release - 13% (Margin = 14%) PMI - 2%(Margin = 21%)

Over 50's - 77% (£489k) Equity Release - 20% (£127k) PMI - 2% (£11k)

Highest Margin Campaigns

Casino - 33% Over 50's - 24% PMI - 21%

Campaign Analysis

2020

Most Revenue Generated

Most Profit Campaigns

Over 50's - 74% (Margin = 13%)Funeral - 11% (Margin = 22%) PMI - 3%(Margin = 16%)

Over 50's - 78% (£1.8M) Funeral - 13% (£296k) PMI - 5% (£111k) Broadband - 2% (£47k) Life - 1% (24k)

Highest Margin Campaigns

Car Finance - 47% Casino - 27% Equity Release - 27% Over 50's - 27% Life - 25%

Campaign Analysis

2021

Most Revenue Generated

Most Profit Campaigns

Over 50's - 74% (Margin = 13%)Funeral - 10% (Margin = 18%) Life - 10%(Margin = 7%) PMI - 3%(Margin = 17%)

Over 50's - 71% (£1.4M) Life - 18% (£370k) Funeral - 7% (£144k) PMI - 2% (£49k)

Highest Margin Campaigns

Broadband - 65% Personal Injury - 23% Plevin - 20% Funeral - 18% PMI - 17%

2021 Top Campaigns (Based on Turnover)

CPL vs CPA Yearly Comparison

July Snapshot

Conclusion

What did we learn?

Conclusion

What did the data tell us about 2021?

Conclusion III

Conclusion II

Conclusion I

TBC

TBC

TBC

Conclusion V

Conclusion VI

Conclusion IV

TBC

TBC

TBC

Recommendations

What can we do about it?

Recommendations

Short, Medium, Long

Rec - 3

Rec - 1

TBC

TBC

short, medium, long?

short, medium, long?

Rec - 4

Rec - 2

TBC

TBC

short, medium, long?

short, medium, long?

Auth: Simon Fieldstead