Are you wondering how much you really have to invest in terms of marketing? Is it worth it to pour a lot of money initially? Find that out and when should you expect revenue in this short video.
How Much Should a Startup Pay For Marketing?
You can spend up to what you can afford, but you need to decide if it is going to actually bring you money.
Scale the Spending
You have to scale it from, let’s say, one thousand to ten thousand dollars a year, or from one thousand dollars to ten thousand dollars a month. You have to scale it through.
Is It Bringing In New Leads?
So, if I am spending three thousand dollars a month on a marketing project and it does not bring me any leads within two or three months, it is a big problem.
SEO Is Different than Google Ads
If it is SEO, it would not be an issue; you have to wait three to six to eight months sometimes. But Google ads should bring you revenue right away, and if you do not have that profit, do not spend the money.
So, gauge it and go with it. I mean, you cannot make a mistake if you are already making money.
