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They aren't even being taken up by therapists charging more than her. They are being taken up by corporations providing online access to therapists for substant
by tssva 6y ago
They aren't even being taken up by therapists charging more than her. They are being taken up by corporations providing online access to therapists for substantially less than she charges. The consumer is actually benefiting.
She charges $250 a session. Lets say she sees 6 patients per day generating $1500 gross revenue a day. She spends $20 a day in ads which works out to around 1.3% of gross revenues spent on advertising. That is an extremely low amount spent on advertising. The US Small Business Administration recommendation for businesses with revenues less than $5 million per year is to spend 7-8% of gross revenues on marketing.
- CydeWeys 6y agoThat's a good point and thanks for doing the numbers. Maybe she just has unrealistic expectations of how much is normal to spend on advertising? It sounds like it. She should definitely be able to afford to spend more than a platform like BetterHelp, which is making a lot less per consultation than she is.