Listen "Are Your Marketing Expectations Aligned With Your Wallet?"
Episode Synopsis
Marketing budgets need to align with realistic expectations, starting with at least $500 monthly for small businesses and growing to 10% of your revenue goal. Strategic spending on tools like Canva Pro, targeted Facebook boosting, geofencing campaigns, and email marketing can maximize impact when combined with significant sweat equity.• Facebook business page, Instagram, and Google Business Profile are free marketing tools that only cost time• $500 monthly budget breakdown: Canva Pro ($50/year), strategic Facebook boosting ($100), geofencing ads ($150), email marketing platform ($50-150)• Plan for 10-20 hours of monthly sweat equity creating content, networking, and updating profiles• Calculate your ideal marketing budget as 10% of your annual revenue goal• Consider the opportunity cost of DIY marketing versus hiring professionals as you grow Support the show
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