Advertising

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Justin Gil added an answer to this question
Justin Gil

Justin Gil, Social Media Manager at The Foodie Basket

How much does online advertising cost in Australia?
As an Australian business owner, creating an online advertising budget can prove to be quite tricky at the start. There are many guides online, but they're usually in American currency, not Australian. This could lead to over or under budgeting when ...  expand
Shai Luft added an answer to this question
Shai Luft

Shai Luft at Bench Media Pty Ltd

It's difficult to answer without knowing details on the business or brand and their target audience. The main issue with print and local papers is that it is very difficult to measure and there is a fairly large outlay (usually $1000+ for one ad placement). For online ads you can test creative and ...  expand
Lisa Ormenyessy added an answer to this question
Top voted answer
Lisa Ormenyessy

Lisa Ormenyessy, Founder at OMGhee

Top 10%

I totally concur Steve, another number you will want to work out is the life time value of a client against the acquisition cost of the client.

For example - if you spent $100's of dollars and only picked up one client whose first purchase with you was only $50 then on the face of it it would look like a poor ROI.

However - If over the next 3 years that customer ends up spending $20,000 with you (as $50 was your entry level product and you continue to up sell throughout your marketing/sales funnel) then a couple of hundred dollars spend for a $20K client is good.

Hatty Bell added an answer to this question
Hatty Bell

Hatty Bell, Executive Assistant at Country Road Group

Top 10%

Would be great to hear your thoughts @Steve Habazin 

Steve Osborne added an answer to this question
Top voted answer
Steve Osborne

Steve Osborne, director at Stephen Roger Osborne

Top 10%
Thanks to all who've posted comments so far. Here's a bit more detail on how this might work.
The model is intended to attract concepts only, not execution ie. production would not be included in your submission. This is not a 99Designs model.
There are two levels of involvement – open briefs and closed ...  expand
Shai Luft added an answer to this question
Shai Luft

Shai Luft at Bench Media Pty Ltd

Hi, As everyone mentioned there is a minimum if you go direct with Spotify and it is a great option. If you do feel you need some help and want to also explore other audio options such as Nova, SCA or ARN which have lots of digital content, podcasts etc as well as Spotify or look at a more holistic Audio advertising strategy, I'd be happy to help.

William Siebler added an answer to this question
10
William Siebler

William Siebler, CEO at The Marketing Mentor

Top 10%

It varies enormously. CPM is realy the wrong metric to use. The focus should be cost per lead and cost to get a client.

Hatty Bell

, Executive Assistant at Country Road Group

Thanks for the insight @William Siebler . Why should CPM not be measured?

William Siebler

, CEO at The Marketing Mentor

The best measures are cost per lead and cost per sale. Then compar those with the lifetime value of each client to know how profitable your ads are.

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Denis Homez added an answer to this question
38
Denis Homez

Denis Homez

hi, How much would be budget to advertise our web-platform http://homez.design the site is market place where people can find required service contractors and prod suppliers to theirs make home better can u give 3 scenarios min, aver, max and what kind of audience we can reach with ur approach & strategy i would appreciate ur helpCheers, Denisc, CEO+64212355050

Eloah Paes Ramalho

, Community Manager at SavvySME

@Benjamin Lai is your person to ask!

Yee Trinh

, Cofounder at SavvySME

Hi @Denis Homez . If you're looking to connect with media buyers who can help you advertise Homez Design, please submit a job on SavvySME and we'll connect you with quotes from local media buyers. 

Natwar Maheshwari added an answer to this question
Natwar Maheshwari

Natwar Maheshwari

I have tried this over weenend workshops and it has works just fine with google adwords. I have never tried it with Facebook or LinkedIn Ads, reason being they are costly. We usually gathered email addresses and then had a "Buy now" or "Pay now" button, amount of people clicking this button gives you some clarity. Also gathering phone numbers and taking permission to call them has worked pretty nicely for us. We did all this as we did not want to put money for LinkedIn ads :-) We also tweeted big wigs and ask them to retweet out landing pages, this has also producted really nice results..

John Eustace added an answer to this question
John Eustace

John Eustace, Principal / Communications and Media Strategist at Bells and Whistles Marketing Pty Ltd

Top 10%
Some sound advice here already Denis. The “How much” question you ask is being applied to an expense item ‘advertising, when it can only have any context when you first apply it to the revenue side or your business model. ‘How much’ will your enterprise need to generate as turnover and profit. ...  expand
Ben Schwarz

,

Great advice there John!

Jacquie Baker added an answer to this question
Top voted answer
Jacquie Baker

Jacquie Baker, Co-founder at Sureshot

I sincerely hope it isn't the future.  I have used crowdsourcing for small jobs, and have been really happy with most of the outcomes.
But I feel you loose the intimacy of a relationship. One of the joys of being in business, is getting to know your suppliers, and them getting to know you.  The feeling ...  expand
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