How much should you spend on advertising and marketing?

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Monira64
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Joined: Thu Dec 26, 2024 6:13 am

How much should you spend on advertising and marketing?

Post by Monira64 »

The U.S. Small Business Administration (SBA) has suggest that “small businesses with revenues less than $5 million should allocate 7-8 percent of their revenues to marketing.”
Using the SBA percentage, if your net profit is $500,000, you should spend $40,000 on advertising and marketing.
First Year Business – 25-35%
The first year will be the most challenging, so you panama whatsapp number data 5 million ne more marketing capital to get notic. Think of marketing as an investment in your business.
Establish and Growing Business – 12-18%
After 2-10 years, your name is out there, and your business is growing. Take advantage of the momentum and more of the market.
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The basic tenets of SEO may stay the same – create the best experience for your target audience, and Google will reward you. However, the specific strategies for boosting SEO change as technology and user behavior evolve.
Still, one tactic remains essential to SEO – blogs. It’s more than just having a blog, though. It’s about ensuring the content connects with consumers and is versatile in various search scenarios.
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