How to Set a Realistic Budget for Your First Paid Campaigns
A first campaign budget has two requirements that pull in opposite directions. It has to be large enough to produce a result you can read, and small enough that losing all of it changes nothing about your month. If those two cannot both be satisfied, the offer is wrong for your situation, not the budget. Working out the minimum readable budget Start from the payout and work backwards. Take the offer payout. Assume you need a number of conversions before the result means anything, which is more than three and fewer than you would like. Assume your cost per conversion during testing will be worse than the payout, because it always is at the start. That gives you a rough figure: enough spend to produce a handful of conversions at a cost above the payout. That is the price of the answer. If that number is uncomfortable, choose an offer with a lower payout and an easier conversion. A cheap offer teaches you the same lessons for less money, which is the actual argument for starting with low ...