{"id":14966,"date":"2021-06-08T10:39:07","date_gmt":"2021-06-08T17:39:07","guid":{"rendered":"https:\/\/firstpagesage.com\/?p=14966"},"modified":"2021-06-08T10:39:07","modified_gmt":"2021-06-08T17:39:07","slug":"b2b-saas-marketing-budget-fc","status":"publish","type":"post","link":"https:\/\/redesign.fpsclients.com\/wp\/b2b-saas-marketing-budget-fc\/","title":{"rendered":"B2B SaaS Marketing Budget: Breakdown &#038; Examples"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">If you\u2019re amidst planning the marketing budget for a B2B SaaS business and are looking to inform your thinking from the wisdom of similar companies, this report is intended to help. Our agency has compiled statistics from 2017-2021 that reflect 46 B2B SaaS companies\u2019 best practices for putting together a budget.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Below, we share the main factors CMOs consider when creating a marketing budget, along with 3 budgets that represent <\/span><a href=\"https:\/\/firstpagesage.com\/b2b-saas-seo-company\/\"><span style=\"font-weight: 400;\">B2B SaaS companies<\/span><\/a><span style=\"font-weight: 400;\"> in different stages of growth.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Factors to Consider When Creating Your B2B Saas Marketing Budget<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The consensus among the companies we worked with in this space is that the marketing budget should balance 3 factors:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The highest-ROI marketing channels in your industry<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The marketing channels with strategic secondary benefits to your company<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The commitments associated with each investment<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">We begin with the data on the marketing channels that deliver the highest ROI for B2B SaaS:\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The Highest-ROI B2B SaaS Marketing Channels<\/span><\/h3>\n<p>The following table is the result of polling our B2B software clients between February 2017 and June 2021.<\/p>\n<table class=\"fps_table1\">\n<tbody>\n<tr>\n<td><b>Name<\/b><\/td>\n<td><b>Monthly Cost<\/b><\/td>\n<td><b>ROI <\/b><b><br \/>\n<\/b><span style=\"font-weight: 400;\">(3 year average)<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Thought Leadership SEO<\/b><\/td>\n<td><span style=\"font-weight: 400;\">7.5k \u2013 15k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">748%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Webinars<\/b><\/td>\n<td><span style=\"font-weight: 400;\">5k \u2013 10k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">364%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LinkedIn Organic<\/b><\/td>\n<td><span style=\"font-weight: 400;\">3k &#8211; 8k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">229%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>E-mail Marketing<\/b><\/td>\n<td><span style=\"font-weight: 400;\">1k \u2013 3k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">201%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LinkedIn Ads<\/b><\/td>\n<td><span style=\"font-weight: 400;\">5k \u2013 20k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">94%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Trade Shows<\/b><\/td>\n<td><span style=\"font-weight: 400;\">10k \u2013 20k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">85%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Outdoor Ads<\/b><\/td>\n<td><span style=\"font-weight: 400;\">10k \u2013 40k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">85%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>PR<\/b><\/td>\n<td><span style=\"font-weight: 400;\">10k \u2013 50k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">62%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Basic SEO<\/b><\/td>\n<td><span style=\"font-weight: 400;\">2k \u2013 4k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">48%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>SEM \/ PPC<\/b><\/td>\n<td><span style=\"font-weight: 400;\">3k \u2013 30k<\/span><\/td>\n<td><span style=\"font-weight: 400;\">46%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">If you\u2019d like more data on lead generation, we recently published a compendium of statistics on <\/span><a href=\"https:\/\/firstpagesage.com\/seo-blog\/saas-customer-acquisition-strategy-by-the-numbers-fc\/\"><span style=\"font-weight: 400;\">SaaS customer acquisition<\/span><\/a><span style=\"font-weight: 400;\">, as well as reports on <\/span><a href=\"https:\/\/firstpagesage.com\/seo-blog\/b2b-saas-funnel-conversion-benchmarks-fc\/\"><span style=\"font-weight: 400;\">B2B SaaS funnel conversion benchmarks<\/span><\/a><span style=\"font-weight: 400;\"> and customer acquisition cost by <\/span><a href=\"https:\/\/firstpagesage.com\/seo-blog\/marketing\/cac-by-channel-fc\/\"><span style=\"font-weight: 400;\">channel<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/firstpagesage.com\/seo-blog\/seo-roi\/average-customer-acquisition-cost-cac-by-industry-b2b-edition-fc\/\"><span style=\"font-weight: 400;\">industry<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Considering the Strategic Secondary Benefits of a Marketing Channel<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In addition to considering which line items will return the most revenue to your business directly, there are myriad secondary benefits of lead generation channels that may be strategic to marketing or the business as a whole. The following examples from our B2B SaaS clients may spark some ideas:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A company in the <\/span><a href=\"https:\/\/firstpagesage.com\/industrial-iot-seo-services\/\"><span style=\"font-weight: 400;\">industrial IoT<\/span><\/a><span style=\"font-weight: 400;\"> space found that posting consistently on LinkedIn accounted for 12% of their leads. A secondary benefit of the content they wrote for LinkedIn was that it provided fodder for their monthly webinars. Producing webinars based on LinkedIn content and its resulting comments led to the growth of that channel, going on to make up 14% of their leads\u2014an even greater share than the original LinkedIn posts.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/firstpagesage.com\/staffing-recruiting-firm-seo-services\/\"><span style=\"font-weight: 400;\">staffing<\/span><\/a><span style=\"font-weight: 400;\"> platform had seen positive early results from e-mail nurturing and was looking to grow its e-mail engagement rates. By investing in thought leadership-based SEO, it gained access to a body of content that could be cherry-picked for interesting tidbits to include in monthly e-mails. Their e-mail click-through rate went up 17% shortly after they began their SEO campaign. <\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/firstpagesage.com\/pcb-design-manufacturing-seo-services\/\"><span style=\"font-weight: 400;\">PCB design software<\/span><\/a><span style=\"font-weight: 400;\"> company invested in PR to increase awareness of their product, but soon realized it was even more valuable as a talent attraction and engagement tool. Employees enjoyed being a part of a company that had been recognized as a top place to work and featured in major industry publications, both products of the PR campaign.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An <\/span><a href=\"https:\/\/firstpagesage.com\/heavy-equipment-leads-agency\/\"><span style=\"font-weight: 400;\">equipment leasing<\/span><\/a><span style=\"font-weight: 400;\"> company engaged in an industry-focused PR campaign for a sector they were looking to expand into. Separately, they were running an SEO campaign for lead generation purposes. They soon found that their search rankings were rising and linked it to the increase in their <\/span><a href=\"https:\/\/firstpagesage.com\/seo-blog\/how-to-increase-domain-authority-the-news-website-bonus-fc\/\"><span style=\"font-weight: 400;\">Google domain authority<\/span><\/a><span style=\"font-weight: 400;\"> brought on by the PR campaign\u2019s press hits.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">Commitments Associated with B2B SaaS Marketing Channels<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Once you\u2019ve settled on the channels that make the most sense for your business in terms of ROI and strategic benefits, the last aspect to consider is how long you\u2019ll realistically need to commit to each one. While your contract with a vendor may only be for one year, it often takes longer to realize a channel\u2019s potential. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">In the following chart, we\u2019ve listed the top B2B lead generation channels and cited the average length of time our clients invested in each, along with considerations to keep in mind for each commitment.<\/span><\/p>\n<table class=\"fps_table2\">\n<tbody>\n<tr>\n<td><b>Marketing Channel<\/b><\/td>\n<td><b>Average Length of Commitment\u00a0<\/b><\/td>\n<td><b>Considerations<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Thought Leadership SEO<\/b><\/td>\n<td><span style=\"font-weight: 400;\">2 &#8211; 3 years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">A well-run SEO campaign takes <\/span><a href=\"https:\/\/firstpagesage.com\/seo-blog\/seo-basics\/what-is-the-time-frame-for-seeing-seo-results-fc\/\"><span style=\"font-weight: 400;\">4-6 months<\/span><\/a><span style=\"font-weight: 400;\"> to produce leads and 2+ years to reach full <\/span><a href=\"https:\/\/firstpagesage.com\/b2b-lead-generation-services-company\/\"><span style=\"font-weight: 400;\">lead generation<\/span><\/a><span style=\"font-weight: 400;\"> potential.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Webinars<\/b><\/td>\n<td><span style=\"font-weight: 400;\">&gt; 1 year<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Repeated webinars are necessary to demonstrate your value as a learning channel and attract new leads. You can expect your first several to have lower turnout unless you\u2019ve already established your expertise.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LinkedIn Organic<\/b><\/td>\n<td><span style=\"font-weight: 400;\">1.5 &#8211; 2 years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Posting on LinkedIn is a nurturing activity in that it serves to remind prospective customers and employees of your company. For that reason, it can take at least 6 months\u2014and often more than 1 year\u2014before it bears any fruit.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>E-mail Marketing<\/b><\/td>\n<td><span style=\"font-weight: 400;\">4+ years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">E-mail marketing is effective when the content of the e-mails is both interesting and well-targeted. It can take a while to find that sweet spot. And since the higher-quality incarnations of e-mail marketing are so effective, you\u2019ll want to continue for several years at least.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>LinkedIn Ads<\/b><\/td>\n<td><span style=\"font-weight: 400;\">6 &#8211; 12 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Like SEM, LinkedIn ads require a few months of setup, targeting, and experimentation before they reach full effectiveness. Most companies run them for at least 6 months to understand their impact.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Trade Shows<\/b><\/td>\n<td><span style=\"font-weight: 400;\">&gt; 8 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">While trade shows require an entirely separate skillset to plan and execute compared to the other marketing channels on this list. Training a team to effectively use trade shows for lead generations takes from 3\u20138 months, in addition to the lead time that is required to prepare for each show.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Outdoor Ads<\/b><\/td>\n<td><span style=\"font-weight: 400;\">~1 year<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Like many marketing channels, outdoor ads are effective when run in the right location for at least 6 months at a time, as passersby typically need 7-10 impressions before your brand gains positive sentiment.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>PR<\/b><\/td>\n<td><span style=\"font-weight: 400;\">~1.5 years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">PR is a highly spotty lead generation tactic, as it\u2019s built on relationships, emotion, and the timing of press hits. For that reason alone, it can take at least 6 months for there to be an ROI, and even then it\u2019s hit-or-miss.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Basic SEO<\/b><\/td>\n<td><span style=\"font-weight: 400;\">~3 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Basic SEO requires only a few months in time investment due to its limited scope, but also offers little in the way of lead generation.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>SEM \/ PPC<\/b><\/td>\n<td><span style=\"font-weight: 400;\">3 &#8211; 6 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The initial stages of a PPC campaign will be primarily focused on data gathering, but a skilled PPC team will be able to show results as early as 3 months in. This makes limited PPC campaigns an excellent low-commitment option for testing new markets, despite its poor scalability.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span style=\"font-weight: 400;\">B2B SaaS Marketing Budgets: 3 Examples<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Following are 3 sample budgets from B2B SaaS businesses in different stages of growth.\u00a0<\/span><\/p>\n<h3 style=\"text-align: center;\"><span style=\"font-weight: 400;\">High Growth (Startup)<\/span><\/h3>\n<table class=\"fps_table3\">\n<tbody>\n<tr>\n<td><b>Marketing Channel<\/b><\/td>\n<td><b>Annual Budget<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Thought Leadership SEO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$140,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">LinkedIn Advertising<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$80,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">LinkedIn Organic<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$15,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">E-mail Marketing<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$45,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">PR<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$180,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">CRO and UI\/UX Consulting<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$50,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">SEM \/ PPC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$290,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Total Marketing<\/b><\/td>\n<td><b>$800,000.00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Moderate Growth<\/span><\/h3>\n<table class=\"fps_table3\">\n<tbody>\n<tr>\n<td><b>Marketing Channel<\/b><\/td>\n<td><b>Annual Budget<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Thought Leadership SEO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$130,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Web Redesign<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$40,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">LinkedIn Organic<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$30,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">E-mail Marketing<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$40,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">PR<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$80,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">CRO and UI\/UX Consulting<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$70,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">SEM \/ PPC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$120,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Total Marketing<\/b><\/td>\n<td><b>$590,000.00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Stable Growth\u00a0<\/span><\/h3>\n<table class=\"fps_table4\">\n<tbody>\n<tr>\n<td><b>Marketing Channel<\/b><\/td>\n<td><b>Annual Budget<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Thought Leadership SEO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$180,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">LinkedIn Organic<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$20,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Email Marketing<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$30,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">PR<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$80,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">SEM \/ PPC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$60,000.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Total Marketing<\/b><\/td>\n<td><b>$470,000.00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span style=\"font-weight: 400;\">Allocating Your Marketing Budget<\/span><\/h2>\n<p>As you create your marketing budget, no doubt many considerations will come up that are unique to your company and stage of growth. If you&#8217;d like us to take a look at your budget or have any further questions, feel free to <a href=\"mailto:evan.bailyn@firstpagesage.com\">contact us<\/a>.<\/p>\n<p>If you&#8217;re interested in discussing a partnership to build out <a href=\"https:\/\/firstpagesage.com\/b2b-lead-generation-services-company\/\">your lead generation<\/a>, you can <a href=\"https:\/\/firstpagesage.com\/contact\/\">schedule a call with us here<\/a>. We have 12+ years of experience helping B2B SaaS companies grow through organic marketing channels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this article, we break down the factors to consider when creating your B2B SaaS marketing budget, and share 3 example marketing budgets.<\/p>\n","protected":false},"author":3,"featured_media":14997,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[12,13],"tags":[],"class_list":["post-14966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketing","category-seo-blog"],"meta_box":[],"_links":{"self":[{"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/posts\/14966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/comments?post=14966"}],"version-history":[{"count":0,"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/posts\/14966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/media\/14997"}],"wp:attachment":[{"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/media?parent=14966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/categories?post=14966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/redesign.fpsclients.com\/wp\/wp-json\/wp\/v2\/tags?post=14966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}