How do I set an effective ad budget for my campaign?
An example of an AI chatbot conversation about setting an ad budget for marketing campaigns.
How do I set an effective ad budget for my campaign?
To set an effective ad budget, start by defining your campaign goals and target audience. What are you aiming to achieve?
I want to increase brand awareness and reach more potential customers.
Great! A common approach is to allocate a percentage of your expected revenue. Do you have a revenue target in mind?
I'm aiming for $50,000 in revenue this quarter.
If you allocate 10% of that, your budget would be $5,000. Would you like tips on how to distribute that budget across different platforms?
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