As with any significant investment, a company’s marketing budget should be carefully managed and tracked to account for:
- Cost effectiveness: Cost per lead, Cost per sale ...
- Success factors such as:# visitor, # leads, # email subscriptions ...
- Visitor to lead conversion rate
- Lead to sales conversion rate
However, it’s important to realize that marketing campaigns should be considered an investment in capital rather than an operating expenditure or some other overhead cost. There is no flat answer for every company, so bear in mind a few considerations when asking the question, “how much does online marketing cost?”