Hey, welcome back to the $100 MBA show. In today's lesson, you will learn how to get

started with paid marketing in 2024.

Whether you have a budget of $5,000 a month or even $500 a month,

I'm going to show you three effective strategies to kickstart your paid marketing efforts.

But first, did you know that businesses that use paid advertising see an average of 200% return on investment. This is according to a study that was done by Wordstream.

And this just shows you how effective paid marketing strategies can really boost your revenue in a big way. But before I get into the

strategies I got to talk about the mental piece because if you're watching this

and you're like, Omar, I don't have five thousand dollars I don't even have

five hundred dollars to invest in marketing what do I do how do I get started I've

been there and I know exactly how that feels and I know that mentality I know

what's going on in your

head right now and my advice to you is to get out of that cycle. For a very long

time I said to myself I can't afford paid marketing I got to find free ways to do I got to do organic

traffic I got to do you know content marketing I got to try to do it slowly somehow I don't

have the money for it right but instead But instead of telling yourself, I can't afford it,

ask yourself, how can I afford it? What can you do in your business so that you can

make some extra profit so you can reinvest that profit into marketing so you can have a

marketing budget. Is there a new product or service that you have that you can

launch and make some more revenue? Maybe just simply increasing your prices will give you more margin so that you can make more money to invest into marketing.

But not having any budget whatsoever or not reinvesting any of our profits in marketing

just means you are not prioritizing marketing.

Period!

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