Marketing Insights to Help You Grow Smart. |
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How to Gauge Your Marketing Budget |
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If you're asking, “How much should I spend on marketing this year?”—you’re not alone. There’s no one-size-fits-all answer, but there is a smart starting point: your goals.
That’s where the Marketing Thermometer comes in.
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What’s Your Marketing Temperature?
This tool helps you decide how aggressive your marketing strategy should be based on where you are—and where you want to go:
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0–3% of revenue: Stay the course. Maintain your presence, keep things consistent.
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4–7%: Rev the engine. You’re looking to grow steadily and increase visibility.
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7–10%: Kick it up. You want to gain significant traction and expand your reach.
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11–20%: Launch mode. You’re starting something new and need to build momentum fast.
This percentage helps guide how much of your annual revenue you might allocate to marketing. And don’t forget: you can’t say ‘everyone’ is your audience. The clearer you are about who you’re targeting, the better you’ll be at investing in the right strategies that speak to them directly.
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How to Use This Thermometer
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Calculate Your Budget: Take your annual revenue and apply the percentage that fits your goals.
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Break It Down: Think about where that budget needs to go—brand awareness, lead generation, campaigns, content, or upgrades to your website and email systems.
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Account for Hidden Costs: Advertising-related software, branded apparel, event sponsorships, and even your website hosting may fall under your marketing category.
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Track ROI: Use tools like the Jenerate Marketing Toolkit to monitor where your dollars are going—and what’s working.
This thermometer isn’t just a budgeting tool—it’s a clarity tool. It helps you align your desired outcomes with realistic expectations and a marketing strategy that’s built for your business or organization.
If you’re ready to build a budget that fits your goals—and know where to invest for the best return—I’d be happy to help. Book a free consultation below.
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📚 Miss an issue? The Odyssey News archive is full of insights worth revisiting.
Dig in here: https://agencyjen.activehosted.com/archive/1
Warmly,
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Jenny Marofsky Fractional CMO & Marketing Consultant
814-402-4192 jenny@agencyjen.com AgencyJen.com |
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Marketing on a Shoestring: Strategies for Growing Your Nonprofit
Tuesday, April 22 from 10 – 11 a.m. EST
Online via Zoom
I’ve partnered with the Bayer Center for Nonprofit Management at RMU to lead a free workshop on Marketing on a Shoestring. We’ll dive into real-world strategies to help your nonprofit do more with less—whether your goal is attracting donors, volunteers, or participants.
Reserve your spot and get ready to make your mission stand out.
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REGISTER TODAY |
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Not Sure What to Budget for Marketing This Year?
Let’s talk. In a free 30-minute consultation, we’ll review your business goals, assess your marketing temperature, and map out smart, realistic ways to invest your time and dollars for better results.
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SCHEDULE A CHAT |
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