How Much To Spend

Swisslist

Member
If you have a business with a web presence, how much money should you set aside for the online marketing portion of your marketing campaign?
 

Jason76

Member
It's difficult to say. It depends on individual factors. However, I would say that maybe 50 percent of profits should go back into marketing. However, I'm sure some companies would put more into it. I don't know if some companies would put less.
 

marsh

Active Member
This is difficult to say but the thing is, since marketing is a continuous process, a portion of the profits should always be set aside. If you check elsewhere, you will read that 7 or 8 percent of the gross revenue should be spent on marketing and advertising.
 

overcast

Member
I'd spend atleast 100$ a month for the PPC Ads. If you have landing page and the ad setup, running the same ads won't take much time. Also you can reach more people with PPC ads. You may have to work harder on some of the other branding options like social media. And you can double effort there without having to spend much money. But it all works out in the end.
 

oportosanto

Member
I don't think there is a specific number, but we need to face advertising and marketing as an investment, and not as an expense. Investing wisely will give us a good return.
 

ritchie

Active Member
I don't think there is a specific number, but we need to face advertising and marketing as an investment, and not as an expense. Investing wisely will give us a good return.
We are definitely looking at it as an investment but you should also note that if marketing isn't done in the right way, then the desired results will not be achieved. You actually have to apportion a percentage of the revenue towards this cause.
 
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oportosanto

Member
Yeah, we need to target it correctly and to use the most adequate supports or else we will just be wasting money. If we don't define our targets, our audiences correctly, we will just be lost.
 

Makefort

Member
You need to find correct ways to aim for your campaigns. Sites like fiverr can offer you some basic ideas, but keep in mind they use a lot of bots, so only check out professional sellers and what they offer. Most of them usually offer multiple deals. You can test the sellers quality by getting the cheapest package and if it proves to be good you can try the more pricey ones as they usually offer more services as well
 

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