TMikesMarketing
Hello Digital Marketers,
T. Mike here,
This is the 9th Lesson in a Series on
Tools & Costs For Digital Marketing!
DO NOT
PURCHASE ANY SOFTWARE UNLESS YOU ARE IN A TRAINING COURSE
Which explains the software in greater detail!
Such as Fullstaq Marketer
This Email series is strictly designed for
Aspiring Digital Marketers
To gain perspective on budgeting costs
---------------
In this Lesson on Tools & Costs,
We will take a look at Advertising Costs
Digital Marketing is Sales
Sales ALWAYS has advertising costs
The billboards, commercials, and printed ads are presented at a cost, But...
Advertising is essential
There will be no sales without advertising!
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Advertising Mediums
Include Facebook, Youtube, Pintrest, TikTok, Google, LinkIn, Instagram, etc.
Facebook is one of the main advertising medias
Used by beginning digital marketers
The audience you want to sell to can be targeted and focused
Facebook ad costs can be set by the day,
But you will need a credit card
Ads can be run on Facebook for as low as $5 per day - $150 / month
---------------
Sales
Will most definitely be slow to non-existent at first…
Especially at $5 per day
And any sales that come,
Should be reinvested back into the business
To Buy or Not to Buy - more advertising…
More ads = More sales…
Direct relationship!
$5/day on Facebook will not bring many sales, but it is a start!
When you actually start advertising – I suggest starting at $10/day if possible
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Investment
Keep in mind, This is an investment…
Investment money is money You can live without…
It should not come from Bills, Household needs, or the Family budget!
Start Small…
You will find your ad costs will be 3 to 4 times more than what your fixed software costs will be
You will also find training costs can be very expensive…
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Summary of Approximate Costs:
$265 / year – Website Registrar, Host, & Builder ($22/Mo = $.75/Day)
$100 / year – Legal Pages ($8.25/Mo = $.28/Day)
$150 / year – Autoresponder ($12.5/Mo = $.45/Day)
$150 / year – Tracking Software ($12.5/Mo = $.45/Day)
$1200 / year – Landing Page Software ($100/Mo = $3.35/Day)
$3600 / year – Advertising Costs ($300 / month - $10 / Day)
Yearly Initial Investment = 5465
Monthly Initial Investment = 455.50
Daily Initial Investment = 15
Homework: Research Ad costs on various social medias
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Comparison
The above costs are business startup, fixed, and essential costs
They can be compared to the startup and fixed overhead expenses of a brick and mortar business.
See a cost projection of a typical brick and mortar company:
Nearly $20,000https://www.sba.gov/sites/default/files/2020-08/Startup%20Costs%20Worksheet-508.pdf
Granted,
You will need some accounting and tax costs as time goes by
But not immediately,
And expenses will still be far less than any brick and mortar company
The profitability curve may be about the same – 2 to 5 years
But the potential profitability is far greater!
And more often than not your ROI (Return on Investment) is far quicker!
---------------
Stay tuned for Tools & Cost 110
Where we will explore Training Costs
May your day be blessed!
And remember…
Count the Cost!
---------------
T Mike Tolson
P.S.
If you have not added me to your contacts list in your email…
Please do so…
– To ensure these Lessons come to your inbox.
P.S.S.
If you missed any of these Lessons and would like to see them…
Go to my page: facebook.com/tmike4
And Like the page if you like the lessons.
TMikesMarketing I teach people how to be digital marketing entrepreneurs with a successful business mindset from a b
09/22/2020
Hello Fellow Entrepreneurs,
T. Mike here,
This is the 8th Lesson in a Series on
Tools & Costs For Digital Marketing!
DO NOT
PURCHASE ANY SOFTWARE UNLESS YOU ARE IN A TRAINING COURSE
Such as Fullstaq Marketer
Which explains the software in greater detail!
This Lesson series is strictly designed for
Aspiring Digital Marketers
To gain perspective on budgeting costs
---------------
In this Lesson on Tools & Costs,
We will take a look at Landing Page Software
Invariably, Digital Marketing introduces potential buyers
To products by way of Landing Pages
Landing pages are usually in PDF format
They begin what Digital Marketers call the “Funnel Process”
The funnel process narrows down mass media ads from the masses:
• To window shoppers
• To Information Seekers or Leads
• To Potential Buyers
• To Buyers
People who click on your advertisements Are directed to a Landing Page
This click turns one of the masses into a window shopper
The Landing Page seeks to turns the window shopper
Into an information seeking Lead
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Information Seekers…
This change is not done with just a simple click…
It is a Value Trade.
Landing pages follow advertisement clicks
They offer information of free monetary value (don’t cost anything)
…IF…
The window shopper will provide their Email Address
By doing this the Window Shopper
Is basically saying…
Please send me more information!
When they submit their email address…
They automatically receive an email from the digital marketer’s autoresponder
Which contains a link to an online PDF (Landing Page) with the free value
The Email and the PDF also contain offers
Of Greater or Different values
---------------
Sales Leads…
The Greater or Different Values Usually cost something
The Info Seeker’s email address is sent to the Autoresponder
The Info Seeker’s email address is the Digital Marketer's
Sales Lead
Further emails are sent to the Lead from the Autoresponder
With Landing Page links
Of Greater or Different Values
In the hopes that something will be purchased.
---------------
Landing Page Software
Is an Essential Tool - but can be quite Costly!
There are several products that will help build Landing Pages
Two common ones are Lead Pages and Clickfunnels
Lead Pages is by far the cheapest of the two, But is somewhat more difficult to use in my estimation.
Clickfunnels is far more expensive, but...
Clickfunnels Landing Pages are fairly easy to build,
And easily integrated into the Sales Funnel
Clickfunnels
https://www.clickfunnels.com/
Clickfunnels is what I use at $97 per month
Which is roughly $1200 per year
Landing Page Budget = $1200 / year
I won’t lie, that is a lot!
But I learned as a professional teacher
Invest in the proper training and tools!
---------------
Summary of Approximate Costs:
$265 / year – Website Registrar, Host, & Builder
$100 / year – Legal Pages
$150 / year – Autoresponder
$150 / year – Tracking Software
$1200 / year – Landing Page Software
Yearly Budget = $1865
Monthly Budget = $155.42
Daily Budget = $5.11
Homework: Research Landing Page Software
---------------
Stay tuned for Tools & Cost 109
Where we will explore Advertising Costs
May your day be blessed!
And remember…
Count the Cost!
---------------
T Mike Tolson
P.S.
If you missed any of these Lessons and would like to see them…
Go to my page: facebook.com/tmike4
And Like the page if you like the lessons.
ClickFunnels™ - Marketing Funnels Made Easy ClickFunnels Gives You EVERYTHING You Need To Market, Sell, and Deliver Your Products and Services Online! Without having to hire or rely on a tech team!
09/22/2020
Hello Fellow Entrepreneurs,
T. Mike here,
This is the 5th Lesson in a Series on
Tools & Costs For Digital Marketing!
DO NOT
PURCHASE ANY SOFTWARE UNLESS YOU ARE IN A TRAINING COURSE
Such as Fullstaq Marketer
Which explains the software in greater detail!
This Lesson series is strictly designed for
Aspiring Digital Marketers
To gain perspective on budgeting costs
---------------
In this Lesson on Tools & Costs,
We will take a look at the Legal Pages Tool
WordPress was mentioned as a Website Builder
WordPress comes with the recommended Bluehost purchase
WordPress integrates the Legal Pages into the Website
While nicely built websites can aid in sales, They can be built over time…
Once you purchase a website…
You will be contacted by professional builders
To build your website for you…
Don’t use them…
Unless you have a ton of money to spend!
You do not need to BUILD the website fully!!
There are only a few things the website MUST have…
It must have 4 Legal Pages
• Privacy Policy Page
• Disclaimer Page
• About Us Page
• Terms of Use Page
---------------
WP Legal Pages Pro
https://wordpress.org/plugins/legal-pages/
This is the tool for creating and integrating The Legal Pages within the website
WordPress is integrated with Bluehost
WP Legal Pages Pro is a plugin to WordPress
It will cost approximately $100 per year
And can be used on up to 10 sites
---------------
Summary of Approximate Costs:
$265 / year – Website Registrar, Host, & Builder
$100 / year – Legal Pages
Yearly Budget = $365
Monthly Budget = $30.45
Daily Budget = $1
Homework: Research WP Legal Pages
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Stay tuned for Tools & Cost 106
Where we will look at Autoresponder Software
May your day be blessed!
And remember…
Count the Cost!
---------------
T Mike Tolson
P.S.
If you missed any of these Lessons and would like to see them…
Go to my page: facebook.com/tmike4
And Like the page if you like the lessons.
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