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Wednesday 25 March 2020

What should a digital marketing budget plan and digital marketing price

Who won't like to calculate the profits in a business and when it becomes questioners to making a profit overrunning a digital marketing campaign than in general prospection become higher than the digital marketing budget.

So, Now let me help you to succeed in your digital marketing with my bulletproof digital marketing budget plan and besides this, I'll help you to finalize your digital marketing budget so that you can succeed in your digital marketing applying this tech-savvy digital marketing budget plan.

Whether you are SMBs, a startup business or an entrepreneur hereon you'll find the relevant answer for a digital marketing budget, digital marketing price, digital marketing cost including organic and paid marketing (social media and search), digital marketing invest v/s digital marketing ROI, KPI for the performed digital marketing.

Above the all I'll guide you for a cost-effective digital marketing budget plan and digital marketing cost so that you can count a bunch of profit from your business after running a successful digital marketing project and obviously mind it that, this expectation is a part of your digital marketing strategy.

 digital marketing budget for a digital marketing campaign


What should include in digital marketing?

A Digital Marketing starts from the marketing plan, content creation, content optimization, content nursing, branding, brand development, products, goods and service marketing (organic and paid promotion), inbound and outbound data collection (research and analysis), performance analysis (rolling on the web), audience communication and management (CRM), products, goods and service selling on the websites (eCommerce, Portfolio, Magazine, Blog, Landing Page, Contact Page, Lead Form, Directory, Partner Site and social media channels), performance metrics measuring and calculating the digital marketing ROI all of this digital marketing parameters should include in digital marketing.



Is it essential for a healthy digital marketing budget for running a digital marketing campaign?

It depends on the broadness and duration of digital marketing that how much budget should you allocate to rolling on a successful digital marketing campaign thereafter as per my experiences, I can assure you that always you need not invest a healthy budget for rolling on digital marketing.



Is there any alternative boost up methods in digital marketing strategy except investing money in digital marketing?

No, there haven't any alternative boost up or growth hacking methods in digital marketing strategy except investment but there have a lot of ethical hacking techniques to boost up and minimize the digital marketing budget also those are proven, cost-effective and goal-oriented.


Here is your digital marketing budget  for a digital marketing campaign, Which is enough to clarify your ask of How much should you spend to run a successful digital marketing campaign:


The price of digital marketing and the budget plan of digital marketing in PDF and plain text:

Download: Digital marketing budget plan and digital marketing price template

Facebook Page Like (1000 like) = $240.00

Content distribution on Paid network (Outbrain)= $300.00

Content Design tool (Canva 1yr)= $9.95

Professional video making (duration 2 to 3 minutes) 1 or 2 video = $500.00

Social Media Analytical Tools for one month (when need) = $99.00

Marketing automation software (100 contact) = $200.00

Social Media Tools = $30.00

SEO Tools = $99.00

Chatbot 1 month = $49.00

Article (minimum 12 article in a month, ideally 1500+ words) = $150.00

Advertising average cost per month (Search and Social Media) = $10,000.00 (slot1).

Digital Marketing Specialist  (Remote) = $1,500,00

Visual content development cost per piece start from $ 50 to $ > (Higher) 10pic*50= $ 50 = $ 500,00
E-Mail Marketing and E-Magazine  promotion cost start from $ 300 to > (Higher)  upon based on subscribers count = $ 600.00

LinkedIn CPC cost= $2 to $ 5.26. Pinterest PPC cost= $ 0.10 to $ 1.50. Promoted Tweet $ 0.5 to $ $2.00. YouTube Ads cost $ 0.19 to $ 0.30. Snapchat Ads 5x > than average Social Media Channels CTR = $4.000.00 (slot2).

Influencer Marketing (per post charges +/-) = $250.00

digital marketing budget for a digital marketing campaign
Total Digital Marketing Cost Per Month = $18,526.95 except the below-mentioned blog building cost besides on existing websites:

Blog Development Cost:

Number of pages: 10- 50
Style of  design: Simple yet attractive
Copywriting of pages: None
SEO w/ Placement Guarantee: None
Responsive design: No
Database integration: Basic
e-Commerce functionality: None
CMS: None
Estimated price between $ 6,000 to $ 10,000


Is there any scope to cut off the finalized investment value from this digital marketing budget?

Yes, there has a financial cut off scope in this digital marketing budget, Where there are two types of investment slot, slot one is a regular investment and slot two is an irregular investment:

1. Slot 1 (Digital Advertising) includes-

Advertising average cost per month (Search and Social Media) = $10,000.00 
LinkedIn CPC cost= $2 to $ 5.26. Pinterest PPC cost= $ 0.10 to $ 1.50. Promoted Tweet $ 0.5 to $ $2.00. YouTube Ads cost $ 0.19 to $ 0.30. Snapchat Ads 5x > than average Social Media Channels CTR = $4.000.00

If you don't run slot1 randomly then you will able to cut off  $14,000.00 the marketing investment cost in a month from a single digital marketing campaign.

2. Slot 2 (Monthly Digital Marketing budget or cost) includes- 

The total budgetary cost $18,526.95 minus (-) slot 1 digital advertising cost $14,000.00  = $4,526.95 will be the actual digital marketing campaign cost (except ads cost) for one month for one medium-sized websites or blog.



What would be the actual digital marketing campaign cost of a year, If I run 3 ads campaign in a year considering slot 1 ads best practices?

As per this digital marketing budgetary plan, the slot 1 Ad cost per month is $14,000.00 so If you run an ad campaign by quarterly of a year then the cost of your ads will be $14,000.00 * 3 Months =  $42,000.00 and considering this 3 months ad cost we will define to calculate the actual yearly digital marketing campaign cost:


As if a single month digital marketing cost (except ads) = $4,526.95 so 12 months of digital marketing campaigns equal value will reach to $54,323.4 


So, The finalized digital marketing campaign cost will reach $96,323.4‬ (3 months budgeted ad cost + 12 months of digital marketing cost).


Now on, I hope it's like watery clear to you cause I tried to give you the best clarification in the digital marketing budget and digital marketing campaign that's because of it's become easier to you to invest and calculating the ROI in digital marketing.


Let's be the rock and run a successful digital marketing campaign by yourself or hire a digital marketing specialist or Request a quote to get help in digital marketing.


Live view on OneDrive- Digital Marketing Budget Plan and Digital Marketing Price.


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Thank you &  wishing you the best.


      Author


Momenul Ahmad is the owner of The SEOSiri.com. SEO, SEO Copywriting, SMM, SEM, SMO, Marketing, Content Marketer @seosiri, the one who helps biz's To Gen Lead & Love Social Networking.Online marketing and advertising expertise famed and named him as an SEO Consultant Momenul Ahmad.



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