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A common approach is to allocate about 15-20% of your budget to testing new strategies. This allows for innovation while keeping enough in proven channels to meet targets.
I'm unsure how to allocate my ad budget between testing and proven channels. I want to innovate but still need to ensure we meet our targets. Any advice?
A common approach is to allocate about 15-20% of your budget to testing new strategies. This allows for innovation while keeping enough in proven channels to meet targets.
I usually set aside a portion of the budget based on previous performance. If something performs well, I reinvest there. However, always keep a small testing budget ready to explore new opportunities.
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