Ultimately, because of the cost-effectiveness of digital marketing, you can do a lot with $500. And after a few months or a year, you may see enough sales to increase your budget and get even more bang for your buck.
Not sure where to start with your $500 digital marketing budget? Talk to the experts at New Light Digital. We offer a free consultation to help you work with whatever resources you have to grow your business online.
What is a good budget for digital marketing?
You should spend about 7-10% of your total revenue on marketing. This way, you hong kong email list can continue to grow your business no matter what stage it is at.
How to promote your business on a limited budget?
Use all organic opportunities and word of mouth advertising. Invest what little money you have in content marketing and a good website as the foundation of your marketing.
How Much Do Small Businesses Spend on Digital Marketing?
According to the U.S. Small Business Administration , you should plan to spend 7 to 8 percent of your gross revenue on marketing.
Digital Marketing Budget
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