Venues & Events

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C
Community Member1mo ago
Discussion

Marketing budget for Venues & Events — what percentage of revenue do you spend?

I've heard everything from 5% to 15% of revenue for marketing. We're currently at about 3% and I know we need to increase it, but I want to make sure I'm spending it in the right places. What's your marketing budget and where does it go?

3 Replies

C
Community Member2mo ago

We spend about 8% of revenue. Split is roughly 40% Google Ads, 25% social media, 20% local SEO/website, 15% community events and sponsorships.

16
C
Community Member2mo ago

Started at 5% and gradually increased to 12%. The key is tracking everything. We know exactly which channels bring in customers and what each lead costs.

8
C
Community Member29d ago

10% for us. The biggest ROI has been Google My Business optimization and getting reviews. Free to do and drives more leads than our paid ads.

5

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