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3 ways to make the most out of your marketing budget



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3 ways to make the most out of your marketing budget

Everyone talks about how they want to make money online and it usually boils down to setting up a marketing campaign to bring in a massive amount of clients in a short amount of time.  Sure, this works really well if you kow what you're doing, but most of the time you don't, and you could just be throwing money in the garbage can lol.  Marketing isn't something you'll be great at overnight, and it's not just setting up PPC campaigns and watching the traffic roll in, you have to do a lot of research and testing prior to figuring out what exactly works.  What you think might be best might not work at all and the ads, titles, URLs, or keywords you thought weren't going to work might actually be the ones that bring in the most sales, and you would have never known that if you didn't learn how to do everything first 3 ways to make the most out of your marketing budget  If you just went with your gut, and no research to back it up, you could be wasting a lot of money that could have actually been getting a great ROI if you just took your time 3 ways to make the most out of your marketing budget

Your marketing budget can make or break your business, so you'll want to play it smart in the beginning so you can then bootstrap the profits coming in and build up your bank account bigger than you thought was possible 3 ways to make the most out of your marketing budget  A lot of people fail at this because they take their profits and just buy whatever they had their mind set on, like a new iPhone or they put a down payment on a new car, but if you're smart you will put all those profits back into your own business progression 3 ways to make the most out of your marketing budget

So, what are these 3 ways to make the most out of your marketing budget?


Do all of your research prior to testing
You'd be surprised at how many people actually start up a PPC campaign, purchase banners, write content, etc. without doing any sort of research prior to getting things going.  They likely think "Someone else did just this and was successful, so I'll do the same thing and replicate their results!" but it doesn't happen like that.  It will happen like that if you can get your hands on their exact campaign, because I can guarantee you that they did plenty of split testing and removed bad performing ads and took out banners there weren't getting clicks as well as improved their content writing skills so they could bring in more and more traffic.

If yo'ure not doing massive amounts of research and testing, why are you even in business for yourself?  You're just going to lose a lot of money and you'll be out on your butt sooner than later lol.  You need to do so much research that you will know exactly how many clicks an ad will get, what banners will convert best, what content people want to read, how to write your titles, how to write your descriptions, etc.  If you don't know even half of these before you start marketing, your budget will most likely suffer.


Only target super specific markets, niches, and people
If you're just starting out, you'll want to cherish your marketing budget because it's usually all you can afford to lose.  If you make some additional money, that's great, but usually people fail their first few tries at marketing and leave the game for good.  Instead of leaving before you hit your prime, you should only target specific markets, niches, and people to be sure your ad budget is being spent in a better place than targeting a general demographic or industry.

If you can get super targeted with your marketing, you will likely boost your ROI, which is what we're all trying to do.  After you have a few small campaigns up and running, you can branch out and get more broad with your targeting, but don't go too crazy because you already have something that works well for you 3 ways to make the most out of your marketing budget  Branch out slowly and break down your data each and every day.  Watch for trends and make sure you're not just profiting because of something that was hyped up the day or week before, you never want to go all in on a hyped up topic, because you'll lose money if you don't pull out quick enough.


Take your profits and put them back in
Bootstrapping is what successful marketers are preaching, and it's because you will only make more money down the road in a shorter amount of time.  Think about it, if you're making $100 a day right now, and putting an extra $100 into your advertising campaign each day, that's an extra $3,000 a month you're spending to make additional sales.  A while back I started a campaign at just $10 a day and after just 2 months of advertising, and bootstrapping, I boosted it to over $5,000 a month, which comes out to roughly $167 per day in ad spend.  That means I boosted my daily spend by 1,600% and I was still growing.  I eventually got banned from adwords and couldn't tap back into this lol 3 ways to make the most out of your marketing budget  I had profited a decent amount and got back on adwords eventually, but it was only after I moved, got a new laptop, a new bank account #, and a new internet connection.  I'm not doing quite as well because the niche I was in back then is now super saturated and I'd have to pay $3.00 a click instead of the maximum of $0.25 back in the day lmao 3 ways to make the most out of your marketing budget

If you bootstrap your profits, and you're running a successful campaign, you will likely be in the same shoes I was in when I boosted my campaign by 1,600% and was making plenty of money to pay for all my bills and throw plenty back into advertising 3 ways to make the most out of your marketing budget


In conclusion
Marketing isn't easy at all, in fact, it's actually really difficult because there's no guide to tell you how to do something and how to not do it.  You have to learn from your failures as well as your successful attempts.  I feel sorry for the people who are always successful, because they'll get hit harder when they fail because they didn't learn from it 3 ways to make the most out of your marketing budget  I've failed plenty of times, but my wins outweigh my failures, and I've been here for over 15 years doing what I love 3 ways to make the most out of your marketing budget  So, you need to research everything so much that you become a pro marketer within your industry, you need to get super targeted with any of your ads in the beginning so there's less of a chance to lose, and you definitely need to bootstrap everything that comes in so you can be more successful in a shorter amount of time.  If you can do all of that, you'll be the one I see on Forbes next year 3 ways to make the most out of your marketing budget


Remember to follow me!
https://www.seoclerks.com/user/Razzy


Thanks!

Razzy

Comments

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centurion
PPC - Pay per click based campaign by Facebook, Yahoo, Bing or by Google has been making cheap of marketing budget day by day. By searching a right keyword or niche and to make a marketing of any products by PPC method- will give you huge benefit. You will get heavily benefit if you a product owner. I have seen huge people by doing PPC campaign for their product- they are now rich. Also white hat SEO based work will give you profit for the life time. Like you will get 3 types of benefit if you cna do right SEO for your product-

1) You will get traffic for your website from search engine for life time.
2) Your website position on search engine will be increase day by day.
3) Your website page rank will be high.

Thanks
Centurion



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Corzhens
Facebook Ads is definitely going to the masses that in a short time it will be the standard advertising platform of small websites. I am attracted to the pay-per-click method that when you advertise your site the amount for you to pay is only when someone would click on you ad. Isn’t that a fair price in terms of results? Another attraction is the low priced packages that starts at $5 per day.



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Martinsx1
First finding out everything about your supposed target audience is the first step to ensuring carrying out a successful marketing strategy. Everything or anything you intend to offer is meant for a particular set of people or groups of people, and when you lack in knowing exactly what they desire, that is the beginning of your marketing downfall. Don't ever joke with your target audience because they the very reason why whatever services you intend to offer existed in the first place.



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Barida
This is true for by researching about the audience that we want to market our goods and services on will go a long way in making things easier for us. I have always said that it is wrong for many to assume that since they have the financial power, they can go ahead and market without understanding that there are those that can win them as long as they fail to understand what the market is all about.



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vinaya
targeting the right customers is one of the primary methods to drive sales or earn revenue from your website. I have books published on Amazon. People from my country will be more interested in buying my books compared to the people in the US. However, people from my country may not buy my books because of the pricing and payment issue. Therefore, when I created an ad campaign, I targeted to the Americans because my potential customers are there. I have a news website,the website caters to the local people, therefore, when I created the campaign, I targeted to the people in my home country.



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Corzhens
There was a time that a marketing company had an advertisement in the newspaper about hitting the right target. There was an image of a shotgun and a rifle with a scope. The blurb said that a rifle does not waste bullets because it can hit the right target unlike the shotgun that depends on a hit-or-miss method. Until now that lingers in my head because I know that it is true – hitting the right target pays more since you spend less with the budget and the effort. A good marketing planner solves that issue because he can find the right place where your target are staying.



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jaymish2
I agree. For any business both online and offline to succeed, there needs to be a marketing budget. One of the advantages of having a business online, is that your marketing budget would be less because marketing is cheaper. However I think you need to be careful where you spend it, you need to spend it on targeted customers to ensure maximum conversion to sales, otherwise you will be wasting your money.



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