This month, Hivehouse Digital is hosting a webinar to help you get the most ROI from your digital marketing. It all starts with creating your yearly marketing budget.
We know, putting budgets together and finalizing them before the year has even started isn’t fun, but it’s a necessary step to help guide your marketing strategy for the year.
Join us Thursday, October 27th, 2022 at 12:30 p.m. ET to learn how to start 2023 off on the right foot and put together your budget to maximize ROI.
In this webinar, you’ll learn:
- What is a marketing budget?
- How to prepare to build your budget
- Tips on building your official marketing budget
Here are three reasons why you should click here to register and learn more:
Your Lead Generation is Low
If your sales team is telling you that lead generation is low, it’s time to implement a plan to increase leads. Look at your data to see what areas are lacking for lead generation. Identifying your business needs and how you should address them will help you allocate your marketing budget better.
You Want to Increase Revenue
If your company needs to work on increasing revenue in 2023, make sure to take that into consideration when building your marketing budget. Identify the areas of your marketing strategy that could use improvement. This could look like increasing ad spending or perhaps trying a new marketing tactic you haven’t tried yet. Once you’ve determined how you’ll meet your goal to increase revenue, allocate the appropriate amount of marketing spend you need to achieve it.
You Need to Increase Marketing Spend
Maybe you want to upgrade your CRM, need to hire a new team member, or plan to increase your number of blog posts. Whatever your marketing plans are for 2023, creating your budget is a way to show your leadership or finance team where you plan to spend money. With a clear plan of action of how you’d spend marketing dollars and how it will help you meet business goals, you’ll have a higher chance of getting a bigger budget approved.