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Budget

Marketing is not free. There is a cost associated to every effective plan. This portion of the marketing project explores the monetary cost of each proposed tactic as well as pubic relations and social media plans. 

Every phase of the marketing process can be roughly estimated. This step of the marketing planning process provides valuable insight into the logistical side of marketing. 

Budget Table
Tactic
Monthly Cost
social media ads
influencer marketing
PR


 
$450-$6000.       1 sponsored Tiktok ad + 1 sponsored Instagram ad: $400  
$2000.                    

  • 2 influencer Instagram ads from influencers with 1M followers + High engagement: $2000

$5000                       

  • For one big PR event a month, I would allocate about $5000 for influencer costs, event space, food & drinks, any music guests etc

Specific Allocation
$0.00
$0.00
$0.00
$0.00
$0.00
+
=
about $10,000
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