It’s impossible to provide you with an accurate estimate for digital marketing services without performing a deep dive into the nature of your business and your overall goals. However, there are certain industry averages you can reference to determine whether your ideal budget is going to be appropriate to achieve your goals.
In general, most businesses allocate 10%-20% of their revenue to their marketing budget. Whether you are on the high or low end of this range will depend on your industry, the size of your business, and your growth goals. While some of this marketing budget can go towards traditional strategies, it’s critical to allocate the vast majority of it to digital marketing, as this is where you’re likely to experience the greatest ROI on your efforts and maximize your lead generation results.
Our team is happy to discuss more concrete figures regarding an appropriate digital marketing budget for your business during a free consultation. Give us a call or contact us to find out how we can help your business become more successful.
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