Pay per call refers to a pricing model where advertisers pay partners or publishers for quality calls generated on their behalf.
Example: A home services company partners with a digital marketing agency that specializes in generating leads through online advertising. The company agrees to a pay per call model, wherein it only pays for calls that meet certain criteria, such as duration or caller intent, indicating a high likelihood of converting into a paying customer. This ensures that the company's advertising budget is spent on leads that have a higher chance of generating revenue.
Understanding pay per call helps businesses optimize their marketing budget, ensure high-quality lead generation, and precisely track their marketing ROI, making it a strategic tool in decision-making and strategy development.