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Nathan Gaidai
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How much should a small business budget for marketing

How Much Should a Small Business Budget for Marketing?

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Having a small business means that there’s room for growth, and growing your business means investing in marketing. There are lots of different strategies to choose from, but if you have a limited budget you should do your research and choose the most suitable option for your audience. Our SEO Expert talks about the price range, techniques, and even his suggested maximum monthly budget for a small business.

How Much Should a Small Business Budget for Marketing?

How much should a small business budget for marketing? If you’re a really small business I would say just put that lump sum for the website build a very good one. If you if you already have a website then don’t worry about that, I think $500 a month is sufficient on the long run. Maybe do the first year a little bit more if you have a very decent marketing company but try and specify the marketing. Don’t take a marketing company, take a specific thing. So for example if you’re brand new you don’t have any videos you don’t have anything you just need a website, get a website, get something running on it. After you have something solid then think about it what’s going to sell to my clients, okay videos are gonna help because you’re selling products or services and people need to see it with their own eyes. Spend a thousand dollars a month for a couple of months on a company that’s actually going to create videos for you then take these videos cherish them and then use them with something like paid ads or SEO or growth marketing hacks. Maybe people can you know shove it into some specific platforms and make you grow. 

It depends on your specific product and obviously what are you working with, can you do the Showcase? Do you have to hire just a photographer maybe? Do you need to do content writing? You need to really think and examine what’s going to help you. Sometimes a marketing consultant can tell you but the budget for a small business shouldn’t be in my opinion more than a thousand dollars a month unless you don’t have a website and you have nothing going on like you’re just brand new. You will have to put out a lot of money in the beginning, so it’s not going to be cheap get ready to spend at least ten thousand dollars when you start a business website all that and then a small portion every month anywhere from five to a thousand dollars, five hundred to a thousand dollars.

 

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