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Three steps to a marketing budget: margin on a sale, cost per sale, then the budget

Marketing

How much should a business doing 300K a month spend on marketing?

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Short answer. Do not start from a share of revenue. Start from what one sale is worth to you, subtract what it costs to deliver, and the amount left is what you can afford to pay to win it. Multiply that by the number of sales you can realistically close from the leads you receive, […]

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