Social Media Marketing

4 Things to Consider When Planning Your Social Media Budget

By Hannah Baker

A budget isn’t just reserved for those low on casheven the high rollers of the world can’t spend more than they have. The same goes for your businesses. A budget allows you to prioritize and track spending so that you stay within your means while still achieving your goals.

A good rule of thumb is to spend at least 20 percent of your revenue on social media marketing, though knowing where to put that kind of cash isn’t always easy. Here are some key things to consider while planning your social media marketing budget.

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