Advertising budget?

Excursionist
56 0 3

Great topic, thanks for posting. 

When it comes to budgets, paid, ads, etc., too many ecommerce companies mess up their campaign narratives from the get-go, and waste a ton of money as a result.

I wanted to add my $0.02 to the discussion:

The ideal place to begin this story is by looking at what your differentiator is. The unique selling proposition. That’s still an incredibly valid place to start. In a distracted online environment, it’s never been more relevant.

You have to put yourself in the shoes of someone whose life would be improved by your product. 

Here’s our favorite question to ask new clients:

Who is the kind of person that, if they had this product, and you took it away from them, would feel some sort of pain?

This question helps us build out specifically who that person is in terms of their needs and media consumption, what kind of similar brands they're shopping with, and so on. 

Anyway, we published a post about this in greater detail, if anyone’s interested in reading more about campaign narratives: https://bit.ly/2HWiFYY

Hope that helps!

CEO of Metric Digital @ www.metricdigital.com
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Shopify Expert
391 0 3

Hi,

Let communicate at info@bluetech.co.in to discuss complete advertisement plan.

Thanks!

Sid

Bluetech | https://www.bluetechitservices.com | info@bluetech.co.in
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It totally depends on your total budget availability and how many you can spend it. As per my view, you should start it with a low budget in starting period. After that, if you get a good result then you should increase your budget.

 

https://www.gurutechnolabs.com/
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Excursionist
56 0 3

Hey Mike, thanks for posting. Tough issue, I understand. Here's my two cents...

 

For many of the new brands we work with, specifically those who are launching for the very first time, they should expect to spend at minimum, $15,000 a month on digital marketing.

 

Over three months, then, that’s $45,000. Which might be an intimidating number for a new brand. And the hard part is, you’re not going to know what will work, campaign wise. There’s not enough historical data to benchmark.

 

Meaning, brands must reframe their initial spend as more than just a pure marketing budget, but an invaluable investment in research and development.

 

Anyway, we blogged about this today if you want to read more numbers: https://bit.ly/2YedYkF

 

Hope that helps! Good luck

CEO of Metric Digital @ www.metricdigital.com
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New Member
1 0 0

Hi, i am spending 5 USD daily, and i am not getting 10-15 clicks per day, what might be the issue? 

 

Thanks

Basheer

https://virgingadgetz.com

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According to me you should start with least amount..start with 500 Rs. or 10 $

and see the results...if results are good then increase amount and if not got any satisfied results then you can change strategy 

https://www.intelebiz.com/service/search-engine-marketing/

 

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