!! ๐ ๐ก๐๐๐ ๐ ๐ข๐ฅ๐ ๐๐จ๐๐๐๐ง !!
Every marketing leader's favourite line. I've said it. You've said it. We've all said it.
In fact there hasnโt been a place Iโve worked - from start-ups all the way up to Microsoft - where budget hasnโt temptingly been the answer to all our marketing ills.
But here's the uncomfortable truth: More budget won't fix broken fundamentals.
I've watched teams double their spend and halve their impact. Seen startups with shoestring budgets outmanoeuvre enterprises with millions. The pattern is clear - success isn't about resources, it's about ๐ณ๐ฆ๐ด๐ฐ๐ถ๐ณ๐ค๐ฆ๐ง๐ถ๐ญ๐ฏ๐ฆ๐ด๐ด.
More often that not, the real problems hiding behind "I need more budget" fall into five buckets:
๐ก๐ผ ๐ฐ๐น๐ฒ๐ฎ๐ฟ ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐. Can't articulate what you're trying to achieve? Money won't help. I once inherited a team spending ยฃ500K/month (lucky me!) on digital with no idea why (unlucky me!). Cut it by 70%. Results improved.
๐ฃ๐ผ๐ผ๐ฟ ๐ฒ๐ ๐ฒ๐ฐ๐๐๐ถ๐ผ๐ป. Your current campaigns underperform? Adding zeros won't change that. Fix what you have before asking for more. One time we tripled leads by simply testing headlines. Cost: ยฃ0.
๐ช๐ฟ๐ผ๐ป๐ด ๐ณ๐ผ๐ฐ๐๐. Chasing every shiny channel instead of mastering one? That's not a budget problem. That's a discipline problem. The best B2B marketers I know dominate 2-3 channels max.
๐ก๐ผ ๐บ๐ฒ๐ฎ๐๐๐ฟ๐ฒ๐บ๐ฒ๐ป๐. "We need more budget" often means "I can't prove what's working." If you can't show ROI on your first ยฃ10K, why should anyone trust you with ยฃ100K?
๐ง๐ฒ๐ฎ๐บ ๐ด๐ฎ๐ฝ๐. Sometimes it's not about more people - it's about the right people. Lean can win - one senior strategist backed by AI beats five junior executors trying their best. Every time.
Hereโs four ideas to increase marketing effectiveness without the need to request more $$$:
โ ๐ ๐ถ๐ป๐ฒ ๐ฌ๐ผ๐๐ฟ ๐๐๐๐๐ผ๐บ๐ฒ๐ฟ ๐๐ผ๐ป๐๐ฒ๐ฟ๐๐ฎ๐๐ถ๐ผ๐ป๐. Feed transcripts into ChatGPT. Identify trends, pain points, and exact phrases used. Refine existing programs using customer language.
โ ๐ง๐๐ฟ๐ป ๐ฌ๐ผ๐๐ฟ ๐ง๐ฒ๐ฎ๐บ ๐ถ๐ป๐๐ผ ๐ง๐ต๐ผ๐๐ด๐ต๐ ๐๐ฒ๐ฎ๐ฑ๐ฒ๐ฟ๐. Instead of hiring influencers or paying for reach, activate the voices you already have (Hubspot do!).
โ ๐๐๐ถ๐น๐ฑ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐ ๐ถ๐ฐ๐ฟ๐ผ-๐ฃ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ๐. Forget expensive sponsorships. Focus on high-value, low-cost collaborations with complementary businesses. Co-create resources that benefit both audiences.
โ ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐ฅ๐ฒ๐ฑ๐ฑ๐ถ๐. Build authentic presence in relevant subreddits and communities. Costs nothing and helps AI search visibility.
Next time you're tempted to say "I need more budget," ask yourself โHave I maximised what I already have?โ
The best marketers don't wait for resources. They create results with whatever they've got.
Then, and only then, do they earn the right to ask for more.