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
You should spend in advertising but not in any location It depends on where you spend your investment.. also ______________________________________________________ Aka No
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
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 $100 on varied campaigns, I noticed a high CTR but very high bounce rates. I began to wonder if the traffic or clicks were generated via bots or I was imagining things. The landing pages were cool and had all the ingredients necessary for converting leads. I did more split testing, but the results were simply the same. So I concluded that the old school and mainstream ad networks like the ones listed above remained the best. Correct me if I'm wrong, cos I want to !
Leave the concept of the video, I do spend according to the trend in advertising. Among the social media marketing strategies, automation is trending now. have you heard about the best Twitter automation tools? I just got to know. Not so expensive! I mean I am thinking to trust over that. What's say..
Step 1: Take 10 percent and 12 percent of your projected annual, gross sales and multiply each by the markup made on your average transaction. Step 2: Deduct your annual cost of occupancy (rent) from the adjusted 10 percent of sales number and the adjusted 12 percent number. Step 3: The remaining balances represent your minimum and maximum allowable ad budgets for the year.
Advertising doesn't always help you to increase your traffic to a great extent. Instead focusing on getting organic traffic without spending money is the best to improve your ranking in Google.
@Tim Werfel I do not get, how can youtube restrict content to certain audience if video is marked as public? @Tanyiah Thank you for transcription @chinemeremz Yes old networks are more trusted and brings real visitors/leads, but the prices just skyrocket during years. Let's say my recent campaign on twitter of lead generation cost 5$ 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.
Thank you very much, I have'nt realised to check advanced setting on the video and tick that checkbox
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
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.