Register today to attend in personal or virtually for "Business Leadership Skills for On and Off the Court" presented by former USU Basketball Player Brock Miller. Click here to learn more.

Blog

What You Need to Know About Ad Budgets

Recently there have been lower leads across the board. There are few reasons for this that have been seen.

Recently there have been lower leads across the board. There are few reasons for this that have been seen:

-Fall is typically a slower time of the year with less demand

-Consumers are hesitant with concerns about economy

-Ad space is more competitive than usual with upcoming elections

-Inflation up 10% this year alone and higher costs across the board

With inflation factored in alone, if your budget hasn’t been increased this past year the same Ad Budget will only get 90% of the leads it used to on average. Factoring in the rest of these reasons as well, it’s understandable that we are seeing less demand at this time.

So, what are some strategies you can implement to counteract these factors?

-Increasing your Ad Budget

-running a promotional campaign

-closing sales by framing your service as an affordable alternative

Updating Ad Budgets strategically and regularly is a must to keep your business on track for revenue goals. If you haven’t increased your ad budget recently, it’s likely time to do so. Schedule a call to talk strategy now and improve your sales. 

Message sent! Thank you. We will contact us as soon as possible.

An error has occurred somewhere and it is not possible to submit the form. Please try again later or contact us via email.

Would you love to set up a time to chat? Let us know if you're interested.

We are a team of carefully selected and highly skilled marketers & coaches.

Contact

Working in agency
Working in agency