How Much Should You Spend on Digital Advertising?

In this episode of Perpetual Traffic, Ralph and Kasim cover various aspects of online marketing. They discuss challenges in running A/B/O campaigns on Facebook, the benefits of campaign budget optimization for e-commerce brands, and the calculation of customer acquisition cost. They also explore the advantages of starting with Google Ads, understanding the competitive landscape, and how small businesses can succeed by niching down. Ralph and Kasim emphasize the importance of integrating different marketing channels and creating compelling content. They provide insights on finding the best feature and avatar through a shotgun approach and using paid traffic to amplify successful posts.

In This Episode, You'll Learn:

• 00:00:00 Perpetual Traffic Podcast: Tackling Current Problems in Marketing
• 00:02:54 Media Buyer's Strategy for Running Multiple A/B/O Campaigns on Facebook
• 00:05:30 Leveraging Campaign Budget Optimization for E-commerce Brands
• 00:07:47 Exploring Media Buying and Common Challenges in Online Marketing
• 00:11:15 Unlocking the Value of Customer Lifetime Worth in Acquisition Costs
• 00:15:49 Calculating Customer Acquisition Costs through Online Traffic
• 00:18:16 Analyzing Inefficiencies in Your Business Model for Growth
• 00:21:38 Understanding the Competitive Landscape for Business Success
• 00:25:11 Niche Down: Thriving as a Small Business in a Hypercompetitive Market
• 00:28:04 Mastering High-Intent Keywords for Effective Marketing
• 00:33:13 Crafting a Unique Selling Point in a Competitive Market

Tool Mentioned:

• PT Episode 483
• 5 STEPS to determine what your customer should cost
• Profit Margin Math: A Visual Explanation
• How to Increase Your CAC & Make MORE Money
• Targeting Avatars in Your Digital Marketing

LINKS AND RESOURCES:

• Perpetual Traffic on YouTube
• Tiereleven.com
• Solutions 8 
• Perpetual Traffic Survey
• Perpetual Traffic Website
• Follow Perpetual Traffic on Twitter
• Connect with Kasim on Twitter and Connect with Ralph on LinkedIn

Thanks so much for joining us this week. Want to subscribe to Perpetual Traffic? Have some feedback you’d like to share? Connect with us on iTunes and leave us a review!

Mentioned in this episode:

Tier 11 Data Suite