Advertising & Paid Media
How much should a business spend on marketing each month?
Answered independently in 3 episodes, by 3 different people. Every line below is verbatim from the transcript, timestamped to the moment it was said.
The short answer
What the archive says
01American families now spend nearly one-fifth of their income, an average of $800 per month, on child care according to the Federal Reserve, and 40% of parents say they can't afford summer camps per a Credit Karma survey of more than 2,000 U.S. adults. source →
In their words
What 3 people actually said
But the difference is most people think of numbers I don't have 200,000 Followers got 200,000 customers people that follow me have bought from me And that's the difference most people go well how many followers you got I don't care because you can buy followers You came by revenue Money shows up or it don't one thing that's amazing right now in building network marketing nowadays is social media I've done a lot through Facebook Instagram YouTube.
So and I know you understand all that. But, you know, you as a listener, you got to understand like, if you're not investing in your, I just did a recent case study to my group, actually asking them, how much are you investing in marketing? And unfortunately, the majority are saying zero to a thousand dollars.
So Yeah, it's really impactful right now, you know, average American family I feel like you're going to be spending, you know, whatever your mortgages if you're trying to get into the housing market Plus, you know, an extra two thousand dollars a month on daycare.
The episodes
3 episodes answer this
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