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How to Spend a $2,000 Monthly Marketing Budget

July 18th, 2024 | 2 min. read

By Kim Kovelle

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If you can invest $2,000 a month in marketing, good news: You’re in a strong spot. That’s $24K per year, ahead of 47% of other small businesses.

The challenge? Deciding where to invest for the best results.

Here at Zoe Marketing & Communications, we’ve pinpointed seven tactics that fit a $2K budget — based on our expertise since 2020. You can likely mix and match 2-3, depending on your focus.

At this level, you may work with a marketing agency, but some higher-cost tactics will still be out of reach. Whatever your strategy, this guide will help maximize your budget.

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7 marketing tactics within reach of $2,000/month

A $2K budget gives you more flexibility than $1K or $500, unlocking stronger ad campaigns, better SEO, social media management and targeted email.

1. Google Ads/search engine marketing (SEM) ($800+)

SEM helps customers find you when searching for services.

2K Marketing Budget-Google Ads SEM

  • Cost: $1-$2 per click; plan on $800+ (note: agencies add a 35% average management fee)
  • Strategy: You can target broader keywords, optimize your ads and run A/B testing.
  • Expected results: 400-800 clicks, leading to 15-30 conversions

As an example, a gym one of Zoe’s sales reps worked with had  $1K SEM budget. They gained 40 new members at $35 per conversion.

2. Social media ads ($600+)

Facebook and Instagram ads, in particular, offer extensive reach for lead generation.

2K Marketing Budget-Social Media Ads

  • Cost: Around $1 per click; plan on $600+
  • Strategy: You’ll be able to run three campaigns, test different ad formats (carousel, video, etc.) and optimize targeting.
  • Expected results: 600+ clicks and 50+ conversions (at a 9% rate)

That gym we mentioned before? They invested $2K into Facebook ads and gained 68 members in a month.

2K Marketing Budget-Example-Local Gym

3. Retargeting ads ($300+)

Re-engage visitors who clicked an SEM or social ad but didn’t convert.

Zoe - $2K a Month - Inline Art-min

  • Cost: $300+
  • Strategy: You can retarget past visitors with personalized ads.
  • Expected results: A higher-than-usual 10% conversion rate

Retargeting keeps your brand top of mind. It’s a chance to capture those who looked but “got away.”

4. Solid SEO services ($1,000+)

Search engine optimization (SEO) improves long-term visibility on Google. This price point unlocks agency rates.

2K Marketing Budget-Solid SEO Services

  • Cost: $1,000+
  • Strategy: An agency can help you optimize site content, build backlinks and improve mobile performance.
  • Expected results: SEO takes 6-12 months but boosts rankings and traffic over time.

SEO is a smart investment for sustained lead generation.

5. Solid social media management ($1,000+)

2K Marketing Budget-Solid Social Media

Regular posting and engagement strengthen brand presence. Again, these are agency rates.

  • Cost: $1,000+
  • Strategy: A marketing firm can help with content creation, audience interaction and consistent posting (while you run your business).
  • Expected results: A 20-30% engagement boost over months

6. Basic targeted email marketing ($1,000+)

2K Marketing Budget-Basic Targeted Email

Expand beyond existing customers with targeted email marketing, which you’ll need an agency to do.

  • Cost: $1,000+ for one email to 50K+ recipients
  • Strategy: You’ll target your best audience with segmentation, compelling content and strong calls to action.
  • Expected results: 20-30% open rates, 15-25% click-through rates, 10-15% more qualified leads

7. Limited content marketing ($1,000+)

2K Marketing Budget-Limited Content Marketing

Get professional help to create quality blogs, web pages and videos to build trust and drive traffic.

  • Cost: $1,000+ (covers 1-3 content pieces)
  • Strategy: An agency can help you with SEO-optimized storytelling, keyword integration and consistent posting.
  • Expected results: 10-20% web traffic growth, 5-10 ranking improvements, 5-10% conversion lift over 6-12 months

Content is effective for brand visibility, but it requires consistency.

4 marketing tactics that exceed $2,000/month

While $2K covers several options, some tactics remain out of reach:

2K Marketing Budget-4 Tactics That Exceed Budget

  • Comprehensive content marketing: More blogs, videos and strategy ($2,000+)
  • Extensive targeted email: Multi-email campaigns with broader reach ($2,000+)
  • Full-service marketing: Multi-channel strategies and analytics ($3,000+)
  • High-level influencer marketing: Partnering with top-tier influencers (500K+ followers) starts at $2,500 per campaign

Next steps for marketing on a $2,000 budget

A $2K budget provides strong marketing potential — but you’ll need to choose the right mix of tactics.

Need expert guidance? Zoe Marketing & Communications’ plans start at $3,000/month, but we help businesses of all sizes make informed decisions. Talk to us to learn more.

For even more budget insights, check out:

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Kim Kovelle

As Zoe Marketing & Communications’ content manager, Kim Kovelle brings over 20 years of writing and editing experience in metro Detroit. She has strong roots in community journalism and a knack for making complicated topics make more sense.