1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

How much you can spend on advertising

Discussion in 'General Business' started by moneyroad, Jan 21, 2019.

  1. #1
    I have created short video about How much you can spend on advertising
    Sometimes it looks too much what you spend and what you get
    Your goal expectations
    Reverse engineering

     
    moneyroad, Jan 21, 2019 IP
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  2. Tanyiah

    Tanyiah Peon

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    #2
    You should spend in advertising but not in any location
    It depends on where you spend your investment.. also

    ______________________________________________________
    Aka No
     
    Tanyiah, Jan 29, 2019 IP
  3. Tim Werfel

    Tim Werfel Greenhorn

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    #3
    I would like to watch it but says "Video unavailable".
     
    Tim Werfel, Jan 29, 2019 IP
  4. Tanyiah

    Tanyiah Peon

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    #4
    I can see it.

    At least you can read it now :

    00:01
    hi Montes here and today I want to talk
    00:05
    a little bit about advertising so how
    00:08
    much you can spend on advertising and
    00:11
    get crystal-clear about ads budget so we
    00:15
    can advertise on various methods like
    00:17
    Facebook ads Adwords Twitter being so
    00:21
    words and many others advertising
    00:24
    networks and methods so how much can you
    00:28
    spend so as long as you reach your goal
    00:30
    you are good to run ads and if you goal
    00:33
    is to make direct sale if you want to
    00:36
    get direct contact take a phone call if
    00:39
    you want to grow your email list
    00:41
    aka leads so let's talk about money for
    00:46
    example let's say your goal is to direct
    00:49
    sale
    00:51
    or phone call from advertising and if
    00:54
    your product costs 10 bucks you can you
    00:57
    know you can get 100 clicks for 5 bucks
    01:00
    yeah somewhere so out of 100 clicks you
    01:04
    get one sale your product is 10 bucks -
    01:09
    5 bucks for your ads so we will be in
    01:12
    profit 5 bucks an email marketing
    01:19
    everything works a little bit different
    01:21
    so you have to look at things from
    01:23
    longtime perspective and at a bigger
    01:25
    puzzle and at the end of the day what
    01:28
    matters will be sales but you have to be
    01:31
    long enough to understand your results
    01:33
    so let's say your leads stay on your
    01:35
    email list for one year on average and
    01:38
    in that time he spends $250 with this is
    01:44
    the customer lifetime value so if you
    01:48
    spend 100 bucks on solo ads and get 100
    01:51
    quality clicks of which you got 30
    01:55
    opt-ins of which two people will be
    01:58
    interested in what you have to say and
    02:01
    sell then you have potential of earning
    02:04
    500 bucks for every hundred dollars
    02:06
    spent in a year period so if your goal
    02:10
    is to earn 100k a year knowing that data
    02:15
    can help you reverse engineer how much
    02:17
    plus-minus you have to spend to get
    02:20
    exact amount of money in this example
    02:24
    your goal
    02:26
    annual goal is to earn 100k so it is
    02:31
    divided from 250 of lifetime customer
    02:34
    value so you need 400 active clients and
    02:38
    we spent 50 bucks hundred divided from
    02:44
    250 bucks to get one active paying lead
    02:47
    customer so now these 400 active
    02:50
    customers times 50 bucks which is one
    02:56
    active ping lead will be 20 grand and
    02:59
    this is the sum to be spent on traffic
    03:02
    to earn the money you dream about so
    03:04
    every dollar you spend is a potential
    03:07
    investment in your business I hope guys
    03:11
    now it's much more clear how much you
    03:15
    can spend for advertising
    Take care ,
    Bye
     
    Last edited by a moderator: Jan 29, 2019
    Tanyiah, Jan 29, 2019 IP
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  5. chinemeremz

    chinemeremz Well-Known Member

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    #5
    The game is currently changing and with the entrance of mobile ad networks with companies ready to spend millions of dollars, getting quality traffic is what matters. And from my experience, it is still the old conventional networks like Google, Bing then native ad networks and social like Facebook, Twitter and Pinterest and recently snapchat; that brings in results, albeit expensive, but if you've got the budget, then it is worth it. I stand to be corrected though, but having tried some other ad networks with low PPC and CPM, the results were rather disappointing. I heard about Leadbolt and when I gave it a shot, the experience was not worth it after spending $100 on varied campaigns, I noticed a high CTR but very high bounce rates. I began to wonder if the traffic or clicks were generated via bots or I was imagining things. The landing pages were cool and had all the ingredients necessary for converting leads. I did more split testing, but the results were simply the same. So I concluded that the old school and mainstream ad networks like the ones listed above remained the best. Correct me if I'm wrong, cos I want to !
     
    chinemeremz, Jan 29, 2019 IP
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  6. Daniel Makela

    Daniel Makela Greenhorn

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    #6
    Leave the concept of the video, I do spend according to the trend in advertising. Among the social media marketing strategies, automation is trending now. have you heard about the best Twitter automation tools? I just got to know. Not so expensive! I mean I am thinking to trust over that. What's say..:confused:
     
    Daniel Makela, Feb 4, 2019 IP
  7. Ben Frost

    Ben Frost Greenhorn

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    #7
    Step 1: Take 10 percent and 12 percent of your projected annual, gross sales and multiply each by the markup made on your average transaction.
    Step 2: Deduct your annual cost of occupancy (rent) from the adjusted 10 percent of sales number and the adjusted 12 percent number.
    Step 3: The remaining balances represent your minimum and maximum allowable ad budgets for the year.
     
    Ben Frost, Feb 21, 2019 IP
  8. MilesWeb

    MilesWeb Well-Known Member

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    #8
    Advertising doesn't always help you to increase your traffic to a great extent. Instead focusing on getting organic traffic without spending money is the best to improve your ranking in Google.
     
    MilesWeb, Feb 26, 2019 IP
  9. moneyroad

    moneyroad Member

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    #9
    @Tim Werfel I do not get, how can youtube restrict content to certain audience if video is marked as public?
    @Tanyiah Thank you for transcription
    @chinemeremz Yes old networks are more trusted and brings real visitors/leads, but the prices just skyrocket during years. Let's say my recent campaign on twitter of lead generation cost 5$ a lead
    @Daniel Makela You must experiment a lot with various traffic sources to find the right one, which brings best results
    @Ranare I have not tried sms marketing yet, I will definitely try, cheers
    @Ben Frost What about small business which only baby steps in the market?
    @MilesWeb Have you heard about marketing without own website at all? It may take ages to rank high competition keywords in Google and the rank may drop overnight,- that may be the reason your business destroyed, do not rely on one traffic source.
     
    moneyroad, Mar 8, 2019 IP
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  10. Tim Werfel

    Tim Werfel Greenhorn

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    #10
    Now it's working
     
    Tim Werfel, Mar 18, 2019 IP
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  11. moneyroad

    moneyroad Member

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    #11
    Thank you very much, I have'nt realised to check advanced setting on the video and tick that checkbox
     
    moneyroad, Mar 18, 2019 IP
  12. mmerlinn

    mmerlinn Prominent Member

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    #12
    What video? Are you suggesting that the big black box in your first post is a video?
     
    mmerlinn, Mar 21, 2019 IP
  13. businessguy6

    businessguy6 Peon

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    #13
    Our Fencing company spends around $500 a month on advertising, our remodeling company spends about $1500 a month, the concrete company about $1250 a month and our fence and deck company around $2000 a month. Advertising can be expensive but is well worth it in the end when you have systems in place to bring in the amount of business as we do. We spend roughly $5500 a month on advertising.

    Here's our sites for our companies:

    https://www.mansfieldfenceanddeck.com
    https://www.weatherfordfencingcompany.com
    https://www.abilenekitchenandbathroomremodeling.com
    http://www.abileneconcrete.com
     
    Last edited: Mar 21, 2019
    businessguy6, Mar 21, 2019 IP
  14. arriva

    arriva Greenhorn

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    #14
    no matter how much advertising costs you. the main thing that she worked.
     
    arriva, Apr 7, 2019 IP
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  15. THMS

    THMS Greenhorn

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    #15
    It is more important about where you spend on advertising than how much. We have a few places we advertise for free (bar maybe 2 hours a week man time) and we get around 1 customer a month which is around £1,000 income. We have spent money on adwords and and facebook advertising with no results at all.
     
    THMS, Apr 7, 2019 IP
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