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Justin Gil, Social Media Manager at The Foodie Basket
In our experience, small to midsize businesses tend to budget $9000 to $10,000 a month for Google Ads. This only considers the cost of both search and display ads for Google and doesn’t account for additional fees.
The Cost of Search Ads
The average CPC across all industries on Google’s Search Network is between $1 to $2. However, this isn’t always the price you should expect to pay when striving to reach the top of searches.
In ultra-competitive industries, you should expect to pay way more! According to WordStream, industry matters! These are the average CPC on the Google Search Network per industry.
Industry | Average CPC (Search Network) |
Advocacy | $1.43 |
Auto | $2.46 |
B2B | $3.33 |
Consumer Services | $6.40 |
Dating and Personals | $2.78 |
Ecommerce | $1.16 |
Education | $2.40 |
Employment Services | $2.04 |
Finance and Insurance | $3.44 |
Health and Medical | $2.62 |
Home Goods | $2.94 |
Industrial Services | $2.56 |
Legal | $6.75 |
Real Estate | $2.37 |
Technology | $3.80 |
Travel and Hospitality | $1.53 |
These prices can be slightly offset by adhering to Google Ads’ best practices like:
Being specific when targeting
Aiming for a high-quality score
Using negative keywords
Focusing on Relevancy
Optimizing journeys through landing page
The Cost of Banner Ads
Unlike search ads, you have a more comprehensive range of options when choosing to place banner ads.
There’s the ultra-popular Google Display Network. The Google Display Network comprises over two million websites and allows you to place banners and other display ads on relevant websites.
The cost of these banners varies by industry, budget, and who you’re targeting. These are the average CPC for the Display Network by industry.
Industry | Average CPC (Display Network) |
Advocacy | $0.62 |
Auto | $0.58 |
B2B | $0.79 |
Consumer Services | $0.81 |
Dating and Personals | $1.49 |
Ecommerce | $0.45 |
Education | $0.47 |
Employment Services | $0.78 |
Finance and Insurance | $0.86 |
Health and Medical | $0.63 |
Home Goods | $0.60 |
Industrial Services | $0.54 |
Legal | $0.72 |
Real Estate | $0.75 |
Technology | $0.51 |
Travel and Hospitality | $0.44 |
The cost can also change if you’re working with a digital marketing agency, programmatic advertising platform, or a website directly.
When working with a programmatic advertising platform or directly with a website, media kits are usually provided, which should inform advertisers of the costs of banner ads which are generally dependent on the number of page views, the banner size, and individual rates.
Banner ads for a broadly targeted audience could range around $1 or less per thousand impressions or $50 to $100 CPM for more target campaigns.
Jef Lippiatt, Owner at Startup Chucktown
Derek,
I think that remote work can be a great option to give employees more flexibility, however, it really depends on your business and industry. If you are in retail a remote work strategy will almost certainly not work (unless you are only an online only retail (ecommerce) shop).
Remote work can help increase productivity because you have helped eliminated commuting time and other stressers that can lead to employee frustration. However, it can have some draw backs as well. Being 100% remote it is harder for employees to get to know one another (which means you'll have to put a lot more effort into team building and such).
If there is absolutely no office, you can benefit from reducing your overhead expenses (office space, utilities, etc.)
I think a better policy than 100% remote (unless the team is distributed worldwide) would be to have a focus on remote work, with an option to meet or work from a coworking space. This still helps lend an aspect of social interaction and doesn't lead to isolation.
Jef Lippiatt, Owner at Startup Chucktown
If you are looking for a Photoshop replacement, you really need to check out GIMP. It will feel very familiar if you already known Photoshop. It has a great online community for tutorials and learning from others. This isn’t just available for Mac, it is also available for Windows and Linux. https://www.gimp.org/
If you are looking for an Adobe Illustrator replacement, you need to check out Inkscape. It is very similar but has some unique variances. One example is that Inkscape’s native format is SVG (so if you incorpate graphics into web design SVG is supported natively in HTML5). This isn’t just for Mac, it is also available for Windows and Linux. https://inkscape.org/
I personally haven’t found a free alternative to Adobe Indesign that I use myself, however, I do know many people recommend Scribus. However, I don’t have any personal experience with it. It is also available on Mac, Windows and Linux. https://www.scribus.net/
If you are looking to do some 3D animation or 3D modeling (game design, illustration, blueprints and architecture), I highly recommend Blender 3D. Again it is available across platforms for Mac, Windows and Linux. It has been awhile since I’ve used it but it is just as powerful as programs like Autocad or Maya. https://www.blender.org/
I haven’t really found an open source or free alternative to Adobe Preimere or After Effects (Video Editing and Post Production software). So if anyone does have good recommendations for that, I’d be happy to hear about them.
Other notable mentions:
If you are looking for something quick that has a decent amount of functionality I would recommend checking out Canva.
If you don’t necessarily need free, some great low budget design software is Affinity. They have a Photo (Photoshop) offering, Designer (illustrator) offering, and Publisher (Indesign) offering currently. To buy each program (to own not to pay monthly) it is roughly $49 US per program - and all 3 are available for Mac and Windows to my knowledge. They also offer Photo and Designer for iPad each at $19 US. I’ve used these programs and am really liking them so far.
One other interesting tool is Figma, there is a free version that is still pretty robust. It is a vector based program (similar to Illustrator), but it has active collaboration so you can co-design in real-time or collaborate with other roles while you are brainstorming.
If you have questions or want to discuss in more detail, feel free to send me a message.
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Jef Lippiatt, Owner at Startup Chucktown
I would avoid all non-essential debt. Debt strangles your cash flow and makes it harder to live the life of your dreams. Focus your money on experiences not things. The experiences you'll remember. The things you'll use a few times and forget or get rid of them.
Tasneem Sayeed at SWOT & PESTLE.com
Narine, I think the challenge you are facing is very common. Infact by and large all new entrants and small businesses are encountering this today. I personally think the solution lies in the marketeers "perspective and atttitude". The whole game revolves around this. How you can think about identifying your target audience and promising value to them. I will explain this with a brief story.
In the days of yore, a shoe manufacturing company sent its sales rep to Africa in the hope of expanding its business. The sales rep returned empty-handed, distraught, stating that it was the land of slaves and no one was wearing shoes. The Company sent in another sales rep to test the waters. The second person looked at the situation under a positive lens. He came back exhilirated exclaiming that everyone was barefooted, nobody had shoes at all! so there was ample opportunity to grow!
Bottomline: its all about attitude and perspective.
Scott Yang, Founder at OzBargain.com.au
Hi Ananda. This would be the first question I am trying to answer today.
While it's true that OzBargain has a significant online traffic in Australia -- a country of merely 23 million people mind you, so "huge" is probably not true in the global scope -- it took a long time to gain the popularity and the size OzBargain is today.
If you ask me whether there's any tips or short cuts to drive traffic, sorry I have none. Everything I got can be found in the Online Business rulebook 101 --
In terms of traffic source OzBargain has always been
Is data analysis a must for all kinds of small businesses?
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Luke Frost, PR Deadlines at PR Deadlines
There are a variety of reasonably-priced data analytics solutions for the solo or smaller company these days...have a look at some of the big companies, and find an end-to-end solution - one that takes the data and presents it in a useful, intuitive interface that is easy and accessible. Datameer have one like this, I came across it just the other day.
Mark Reisinger, Owner at Web Zulu
Before you shout it out loud to the world, get your friends and family to roadtest your new website for you. Having a few sets of fresh eyes can pick up any typos, tech glitches or missing content before the general public does.
Check page load speed and mobile viewing in a live environment to maximise user experience.
Congratulate yourself. Getting to launch stage is an achievement just in itself!
Wendy Huang, Full Time Blogger and YouTuber at A Custom Blog in 4 Minutes
Hi Kevin,
It really depends on what kind of role you are trying to fill. I've interviewed staff for more data entry type roles and the best way to handle them, and these are tips I have gotten from friends that run their whole business on offshore assistants is to allocate a budget and a very specific task for them to do that is reflective of what you are hiring for. And this has to be SPECIFIC, as in allocate a due date, a process to handle questions about the task, a way to submit the task and also allocate a time bracket in which to complete the task. If you are not specific the following can occur:
All the above issues need to be prevented and clearly stated so you can concentrate on finding candidates with the right skill set and not try and fish out ones that can follow basic instructions and processes.
Hire 10-15 contracts at one time, and then evaluate the top candidates based on task performance. You may want to give an alternative task to complete before then hiring a team.
It's also great to have some backups to contact in case your original hire goes astray. If it's your first time hiring I highly suggest you use an agency, this will ensure that if your staff is sick or away or leaves you won't need to spend time retraining or finding someone to fill in - you may pay more per hour but these are the little things that I think are worth paying for.
Make sure you are clear with the Agency regarding what they look after and what they don't. At minimum they should cover training, sick leave management and replacements.
I haven't had any experience remotely hiring higher level management type staff so I can't comment on that :) Perhaps someone else here may give that questions a shot?
Owner at Startup Chucktown
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