Heyo! Welcome to the $100 MBA show, no fluff just the good stuff with our practical business lessons.

I'm your host, your coach, your teacher, Omar Zenholm.

I'm also the co-founder of Webinar Ninja, an invented software company I started back in 2014.

And today is Q&A Wednesday.

On Q&A Wednesdays, we answer a question from one of you, one of our listeners.

If you got a question you want to ask, go ahead and email me over at Omarmar at 100 MBA. net.

Today's question is from Marvin and Marvin asks,

Omar, I'd like to invest in marketing.

I have a limited budget of $500 a month.

I know it's not much, but I want to at least get started and start spreading the message

about my products and services. What do you suggest? I absolutely love this question because many people think it's not worth marketing if you can't spend a lot of money

thousands upon thousands of dollars a month. That's absolutely false. In fact, it's actually great that

Marvin has a small budget to start with because you can actually perfect

your marketing without wasting too much money because of your limited budget.

People that have lots of money and lots of budget often waste a lot of money trying to understand how to market properly.

And in fact, you're going to learn today how $500 actually can get you a lot in marketing power,

get you more leads, get you more sales sales if you know how to use it.

So let's get into it. Let's get down to business.

There's so many ways to spend money on marketing. You can do print marketing,

billboards, YouTube ads, social media ads, you could sponsor a conference, you can print t-shirts. There's so many ways you can spend money on marketing. But when budgets are tight, how best should you spend

your money? Well, that's what we're going to answer in today's Q&A Wednesday. When you have a limited

budget like $500 a month, you need to make sure whatever you invest in you can track your return on ad spend.

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