Episode #717
How Much Should You Spend on Marketing Software Per Month
July 18, 2018

In episode #717, Eric and Neil discuss how much you should spend on marketing software. Tune in to hear why you might be over-spending.

TIME-STAMPED SHOW NOTES:

  • [00:27] Today’s Topic: How Much Should You Spend on Marketing Software Per Month
  • [00:40] Eric probably spends $2000/month, while Neil spends $500/month and still thinks that’s too much.
  • [01:10] Everyone pays for more and more software solutions.
  • [01:33] Neil was speaking at a conference and his coworker suggested they get Google Analytics 360; Neil balked because it would cost $100,000.
  • [01:51] Most people who pay for software solutions don’t take action with the data.
  • [02:00] If you want to buy something, make sure you need it and will use it.
  • [02:35] Eric uses a ton of software.
  • [03:00] Marketing software has a lot of the same features.
  • [03:15] So many enterprises are using marketing tools.
  • [03:30] It is so easy to get software/marketing ADD.
  • [03:53] Pare down your costs every quarter.
  • [04:14] Neil tracks his daily expenses.
  • [04:30] A lot of the free tools offer solutions that are just as helpful.
  • [04:57] That’s it for today!
  • [05:02] Go to Singlegrain.com/Giveaway for a special marketing tool giveaway!

Leave some feedback:

  • What should we talk about next? Please let us know in the comments below.
  • Did you enjoy this episode? If so, please leave a short review.

Connect with us:

 

Discover Latest Episodes

Episode
What’s the Real Value of a Personal Brand?
January 15, 2025

In episode #2899, Eric Siu and Neil Patel discuss the significance of personal branding, human connection in a world increasingly influenced by AI, and explore the future of search engines and the ser...

Episode
2025 Will Not Be a Blockbuster Year for Most Companies
January 14, 2025

In episode #2898, Eric Siu and Neil Patel discuss the economic outlook for 2025, emphasizing that it will not be a blockbuster year for most companies. They also share their predictions for marketing ...

Episode
Is Encyclopedia Britannica planning an IPO?
January 09, 2025

In episode #2897, Eric Siu and Neil Patel discuss the surprising IPO plans of Encyclopedia Britannica, the implications of AI in business, particularly through the lens of Elon Musk's management strat...