At least a handful of times a week I get asked the question, “how much should my inbound marketing budget be?”. It’s a great question, but one that does not have a simple answer. Setting a budget is much more complex than simply coming up with a monetary value and hitting the go button. Instead, the focus should be on setting an inbound marketing budget that can get results within your niche as well as aligns with your business’s timeline and needs. If you have $10,000 a month to put towards inbound marketing, that’s great, but is it enough? Could your results be comparable with a $5,000 a month budget? Though you ultimately do have to come up with a dollar amount, I would not recommend using it as a starting point. Instead, develop your strategy and then work towards a specific investment amount that’s going to get you the results that you need in the amount of time that you’re targeting.
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