16k marketing budget, sales of 160k?

Discussion in 'General Marketing' started by 8everything, Aug 25, 2007.

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  1. #1
    If I were to invest 16k in online marketing to sell pricey products (in the hundreds to lower thousands) do you think it's possible to have a turn around of 160K is sales?

    What would be the best method? Affiliate marketing?

    I would look into SEO but I need quick results for the upcoming season... what would be the best way to spend 16k/month in marketing?

    Thanks.
     
    8everything, Aug 25, 2007 IP
  2. dcristo

    dcristo Illustrious Member

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    #2
    Assuming you get 10% commission you would only break even. Unless you mean selling your own product?
     
    dcristo, Aug 25, 2007 IP
  3. 8everything

    8everything Peon

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    #3
    This would be for my own product... so giving out commission for people who sell my product will be taken out of the budget.
     
    8everything, Aug 25, 2007 IP
  4. dcristo

    dcristo Illustrious Member

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    #4
    With those margins I would test the market with PPC.
     
    dcristo, Aug 25, 2007 IP
  5. 8everything

    8everything Peon

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    #5
    Solely PPC? I was thinking about investing quite a few on PPC and then maybe advertising/blog posts on related high blogposts. What would affiliate marketing?
     
    8everything, Aug 25, 2007 IP
  6. redgsr

    redgsr Well-Known Member

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    #6
    Do several small test using different methods and see which has the best conversion/cost ratio.
     
    redgsr, Aug 25, 2007 IP
  7. tennisplayer89

    tennisplayer89 Peon

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    #7
    You could do some big ppc advertising with Adwords or something like it.
     
    tennisplayer89, Aug 25, 2007 IP