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Marketing Budget

  • 2 days ago
  • 1 min read

How Much Should a Small Business Spend on Marketing?


One of the hardest marketing questions for a small-business owner is:

"How much should I spend?"


There's no universal number that works for every business.


Your marketing budget should consider:

  • Revenue

  • Business stage

  • Growth goals

  • Industry

  • Competition

  • Customer acquisition costs

  • Available resources

  • Marketing channels


Don't Start With a Number


Start with your goal.


Ask: What are we trying to accomplish?

Then determine what resources are required to reach that goal.


Your budget may include:

  • Strategy

    Planning, consulting, research.

  • Creative

    Design, photography, video, content.

  • Digital

    Website, SEO, email, software.

  • Advertising

    Search, social, display, print, local advertising.

  • Promotion

    Events, sponsorships, direct mail, promotional materials.


Budget Exercise


Monthly Marketing Budget: $____________

Strategy: $____________

Content/Creative: $____________

Advertising: $____________

Website/Digital: $____________

Email/Software: $____________

Other: $____________

Total: $____________


Takeaways


Don't simply ask:

"Can we afford marketing?"

Ask:

"What marketing investment makes sense for our current business goals?"


Ready to Stop Guessing at Marketing?


Download the free Small Business Marketing Budget Worksheet and start building a marketing plan around your actual business goals—not the latest marketing trend.


RESOURCE: Small Business Marketing Budget Worksheet


Your Marketing Doesn't Need to Be Complicated.


You don't need to be on every platform.


You don't need to create content every day.


You don't need to spend money without knowing where it's going.


You need a plan.


Air Press Media helps small businesses identify their priorities, understand their audience, choose the right marketing channels, set meaningful goals, and create practical marketing plans.


Let's Improve Your Marketing.


Marketing Consultation
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