Key Takeaways
- In 2023, the average small business marketing budget was $25,000 annually for businesses with 1-9 employees
- Small businesses allocate 7-10% of gross revenue to marketing on average, with a median of 8.2%
- For U.S. small businesses under $1M revenue, average marketing spend is $15,400 per year
- Small businesses spend 46% of marketing budget on digital channels like SEO and PPC
- 28% of small business marketing budgets go to social media advertising
- Email marketing receives 19% of SMB marketing budgets on average
- Retail small businesses average 12% of revenue on marketing, higher than services at 8%
- Tech SMBs spend 15% of revenue on marketing
- Healthcare small practices 7% revenue to marketing
- Small business marketing budgets increased by 14% from 2022 to 2023
- Digital marketing spend in SMBs rose 22% YoY in 2023
- Social media budgets up 28% for small businesses in 2023
- Email marketing ROI at 42:中国1 average for SMBs
- PPC ads deliver $2 return per $1 spent for small businesses
- Content marketing generates 3x leads at 62% less cost than others for SMBs
Small business marketing budgets vary by industry but average around $25,000 annually.
Average Annual Budgets
Average Annual Budgets Interpretation
Budget Allocation Percentages
Budget Allocation Percentages Interpretation
Industry-Specific Budgets
Industry-Specific Budgets Interpretation
ROI and Efficiency Metrics
ROI and Efficiency Metrics Interpretation
Year-Over-Year Changes
Year-Over-Year Changes Interpretation
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