we want to encourage potential buyers to make a purchase

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For consideration , we want to make potential buyers start thinking about your brand, by providing further information and building good customer relationships to attract their attention. Meanwhile, for conversion . 3. Advertising Budget & Calculations Kelly Sikkema Sbxdmooy9zm Unsplash Sumber: Unsplash According to Yosef, determining the budget will really depend on the conditions of each business.

Although it cannot be generalized to all industries, the example below might help you determine Iran WhatsApp Number Data your advertising budget. For example, TemanNinja's business profits are 20%, so a marketing budget of 5-10% of business turnover is still considered safe. Another example is in the electronics industry, when electronics suppliers only have a profit margin of 0.1-0.5%, of course the above percentage cannot be applied.

Therefore, as a businessman you must be able to adjust your budget according to your abilities. So, if your margin is small, you can still advertise, especially because advertising on Facebook can now be started with just $1. When you experience limited capital in advertising, don't reduce advertising costs. As much as possible, make efficiency in other business segments.