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It truly is a great time for digital marketers. With a variety of marketing software solutions available, it’s never been easier to automate tasks and reach your audience more effectively.
However, just because these solutions exist doesn’t mean you should use them—or pay for them.
Depending on your needs and business model, you might only need a handful of platforms. Unfortunately, many businesses invest in too many solutions or pay more for a product with more features than they really need.
Keep reading to discover five signs you might be paying more than you should for your marketing software.

Marketing is key to growing your brand and finding new customers—but you shouldn’t sink all your money into it.
Business experts often adhere to the 5% rule which means your marketing budget should be roughly 5% of your revenue. B2B businesses should probably spend a little less (2% - 5%) while B2C businesses should spend a little more (5% - 10%).
These rules aren’t hard and fast, and your spend will likely fluctuate from year to year. For example, in the first few years of your business, you’ll need to spend more on marketing to gain new customers. And later on, once you have more brand recognition, you can likely dial back spending a bit.
With all that said, if you’re investing more than 10% of your revenue in marketing software, you might be spending too much. If you find yourself over this mark, ask yourself the following questions:
Make sure to take your answers to the above into consideration when determining how much you should pay for your marketing software.

We’ve all been there. You get sold on a shiny new piece of marketing software with the latest and greatest features. You think you’re going to use every piece of tech the new software has to offer, but in the end, you only use a fraction of its capabilities.
Of course, if the software is delivering the results you want, you might not care. But wouldn’t you rather pay less for the same results? Maybe you could switch to a lower-tier plan that only includes the features you need. Or perhaps there’s another solution out there that’s better tailored to your needs and costs less.
If you’re currently using a piece of marketing software in your business, perform an honest assessment to determine how many of the features you’re actually using. If you find you’re only using half the features or less, there’s likely a more affordable option that wouldn’t cause you to lose any of the tools you need.

The only thing worse than paying for features you don’t need is paying for the same feature twice. This can happen when you have two pieces of marketing software that share one or more features.
For example, many CRMs also include email marketing platforms, ad software might include analytics, and landing page and website builders may include A/B testing.
If you’re using all of these software solutions it’s quite possible you’re paying for one feature multiple times. While that’s frustrating to think about, it also presents the opportunity to cut down on your marketing costs.
Review all your marketing software to see if there are any services that overlap. It’s possible that you might be able to remove an entire subscription because all of those features are included in your other software packages.

Marketing software is only worth it if it makes your business money. If it doesn’t, then you’re probably overpaying.
This is why it’s important to analyze the return on investment (ROI) of all your marketing software to ensure each one is pulling its weight. To do this, calculate how much revenue a piece of software has generated (depending on your data you might need to estimate this number) and then divide that by the cost of the solution.
So, if you pay $50 per month for software and that software generates $100 for you each month, the ROI is 2:1.
Ideally, you want your ROI to be around 5:1. Remember, there are other costs associated with your business. So even if your marketing software is generating an ROI of 2:1 your other costs might mean you’re only breaking even, or losing money.
If you determine your ROI is too low there are two possible reasons:
Basically, to raise your ROI you either need to increase your revenue or lower your costs. If you believe your revenue is maxed out then you’re going to need to cut costs—and that might mean finding a more affordable piece of marketing software.

Simply put, just because a software solution is more expensive doesn’t mean it’s better. There may be marketing software available that’s similar to what you’re currently using, but for a much better price.
With this in mind, it’s a good idea to occasionally survey the market to see if there are more cost-effective options than your current solution. You might be surprised just how much prices can vary. For example, here are the base offerings of some of the leading landing page builders:

Those are some pretty big differences in price. Granted, the features between each offering also vary widely, but if all you’re really looking for is a landing page builder why pay more for tools you don’t need?
When you’re evaluating software, be honest with yourself about which features you actually require. Something might sound cool, but will you really use it? Review your other software as well to see if there’s any overlap in toolkits. That way you know you won’t pay twice for the same feature.
Finally, remember that just because a piece of software offers a long list of features doesn’t necessarily mean it’s better. Sure it does more, but software that tries to do too much often ends up just being average at everything.
You’re usually better off choosing a solution that focuses on a few key features and does them all exceptionally well.
At this point, you’re probably looking at your marketing software bill and wondering what you should really be paying. The truth is, it depends on your unique business needs. Some businesses can get away with paying less, while others will have to pay more.
That being said, there are four marketing tools that are essential for virtually every online business:
So, how much should you pay for these four?
First and foremost, when you’re building an online business you need a website and landing pages so you have somewhere to direct potential customers.
While you can purchase these two builders separately, there are many marketing software solutions that offer both. This is one instance where it makes sense to bundle them together, as it will make connecting your website and landing pages easier. You’ll also end up saving money this way.
For example, you can get Leadpages Drag & Drop Website and Landing Page Builder for as little as $37/month. However, for most businesses we recommend upgrading to the Pro plan for $74/month. This package comes with the ability to build up to three websites, collect online payments, and perform A/B tests on all your pages.

Leadpages provides you with everything you need to establish your online presence, collect leads, and generate sales, including:
If you need to get your business online and want to have the tools you need to grow your customer base, Leadpages is an excellent (and affordable) choice.
An email list is an essential tool for any online business owner. This is where you can nurture leads and turn them into customers, and engage existing customers to ensure they continue to buy your products and services.
After surveying the email marketing industry, you’ll find that you can get all the necessary features for around $30. Just take Campaign Monitor’s Unlimited Plan. For $30 you get email templates, list segmentation, automated delivery, and unlimited emails.
For most businesses, this is everything required to stay in touch with your audience and take full advantage of the benefits of email marketing.
No matter what marketing strategies you’re using, you’ll need a way to track whether or not they’re working. That’s where analytics comes in—and luckily there’s an excellent software solution for this that’s completely free.
Google Analytics provides you with a wide range of data, including:

You can view these stats for your website as a whole, specific pages, or individual campaigns.
For most businesses, this is all the data you’ll need to make informed decisions about your marketing. If you want additional analytics that Google isn’t able to provide, shop around and ensure that extra data is really worth what you’re paying for it.
In addition to the marketing software above, you might find you’ll need a few more tools to run your business effectively. Here are the other pieces of software that you may require and what you should expect to pay for them:
Of course, there are plenty more types of marketing software available. Just because we haven’t listed a type of software here doesn’t mean it’s not useful for the right businesses. What we’ve included here are simply for most common and essential tools.
Based on our findings, most small businesses can expect to pay anywhere from $100 - $300 per month for marketing software.
Does that mean if you’re paying more than this you’re paying too much? Not necessarily. If you’re utilizing all the features at your disposal and your software is providing you with a good ROI then your investment is very much worth it.
But if you’re not using your software to its full potential and you’re not happy with the results then reducing your spend and looking for more cost-effective options is a wise decision.
The cost difference between website and landing page software is sizable, so if you’re looking to cut your marketing costs then this is a great place to start. Leadpages starts at just $37 a month and includes:
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→ A Beginner’s Guide to Building a Site with Leadpages
→ Build Your Own Website in 7 Steps (Without Learning How to Code)
→ How Much Does It Cost to Build a Website for a Small Business in 2022?
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