I think it depends on the budget you have, if you have a product or company you want to market I would suggest you start small, say from $100 and then start to scale the ads from there. With time you convert from the ads.
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Wait what do you mean by free product? Are you marketing a product for free? Is it some sort of promotion or meant to build an email list? If it's the former I don't know much but if it's the later, you calculate how many people you aim to reach and how much you'll get from them( eventually you will turn them to customers) then you'll know how much to spendI'm curious how much money do you spend on Google advertisement for a free product(s) you have.
I read about a formulae that you should spend 20% on advertisement from the revenue.
What about for a free product?
How much money do you spend on Google ads on a free product?
Thanks for the input.
Your budget for google ads will depend solely on the level of progress you want to make with it. I think you should budget around $5 per day, for an ad campaign to be effective.I'm curious how much money do you spend on Google advertisement for a free product(s) you have.
I read about a formulae that you should spend 20% on advertisement from the revenue.
What about for a free product?
How much money do you spend on Google ads on a free product?
Thanks for the input.