Digital Advertising Pricing (2024)

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METHODOLOGY: We asked over 600 U.S.-based marketers to share how much their companies spend on digital advertising in 2024.

Digital advertising costs $100 – $10,000 per month on average. Digital advertising pricing depends on several factors, including the ad network and the industry. Keep reading to learn more about the cost of digital advertising!

View Pricing Plans View Data

Digital Advertising Pricing From WebFX

Did you know that WebFX is a leading full-servicedigital advertising agency? We offer several digital advertising pricing packages that can suit almost any marketing budget and the needs of your business.

Check out our digital advertising pricing and services below:

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Lite Plan

$600 / month

  • Digital Advertising Pricing (12)

    $100 – $5,000/month ad spend (paid to networks)

  • Digital Advertising Pricing (13)

    2,000 keywords

  • Digital Advertising Pricing (14)

    Google PPC Network

  • Digital Advertising Pricing (15)

    Campaign development, strategy, copywriting, testing

INITIAL OPTIMIZATION: $1,200

Send Me a Proposal

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Pro Plan

$975 / month

or 15% of ad spend, whichever is higher

  • Digital Advertising Pricing (17)

    $5,000 – $30,000/month ad spend (paid to networks)

  • Digital Advertising Pricing (18)

    10,000 keywords

  • Digital Advertising Pricing (19)

    AdTechFX: 3rd party audience targeting, account-based retargeting, CRM pipeline retargeting

  • Digital Advertising Pricing (20)

    1 FunnelsFX landing page template (includes setup)

INITIAL OPTIMIZATION: $2,250

Send Me a Proposal

Digital Advertising Pricing (21)

  • Digital Advertising Pricing (22)

    $30,001+/monthly ad spend (paid to networks)

  • Digital Advertising Pricing (23)

    10,000 keywords

  • Digital Advertising Pricing (24)

    Display ad creative sets

  • Digital Advertising Pricing (25)

    15-second CTV commercial

INITIAL OPTIMIZATION: $5,800

Send Me a Proposal

SEE FULL DELIVERABLES

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Key Takeaways

  • 46% of businesses pay $100 – $10,000 per month on digital advertising
  • 45% of businesses pay $100 – $10,000 per month on PPC advertising
  • 61% of businesses pay $0.11 – $0.50 per click on Google Ads
  • 56% of businesses pay $0.51 – $1.00 per 1000 impressions on Google Ads
  • 48% of businesses pay $1000 – $25,000 per year on social media advertising

Are you curious howdigital advertisingcan fit into your marketing budget? It’s essential to understand typical digital advertising pricing in 2024 so you can determine which strategies and campaigns will fit within your budget and still drive incredible results for your business.

On this page, we’ll go over what you can expect digital advertising to cost and what factors influence the price. Plus, we’ll provide pricing for digital advertising services from WebFX and tell you how our services benefit your business.

Digital advertising pricing basics

We asked over 600 marketing professionals to share how much they spend on digital advertising. What did they say? Let’s find out!

How much does digital advertising cost in 2024?

Digital advertising costs $100 – $10,000 per month, $0.11 – $0.50 per click, and $0.51 – $1 per 1000 impressions for PPC ads, and $0.01 – $0.50 per click and $0.01 – $8 per 1000 impressions for social media ads on average.

How much does digital advertising cost per month?

Digital advertising costs $100 – $10,000 per month on average (46% of respondents). How much you spend each month depends on several factors, including your chosen ad platform, industry, and audience targeting.

Source data

MONTHLY PPC COST% OF MARKETERS
Less than $1004.17%
$100 – $500022.02%
$5001 – $10,00022.62%
$10,001 – $50,00014.88%
$50,001 – $100,0008.93%
$100,001 – $250,0008.33%
$250,001 – $500,0006.55%
$500,001 – $750,0004.76%
$750,001 – $1,000,0003.57%
More than $1,000,0004.17%
SOCIAL MEDIA COSTS PER YEAR% OF MARKETERS
Less than $100011.11%
$1000 – $500015.93%
$5001 – $10,00015.19%
$10,001 – $25,00017.04%
$25,001 – $50,00012.22%
$50,001 – $100,00010.74%
$100,001 – $250,00010.00%
More than $250,0007.78%

How much do PPC ads cost per click?

PPC ads cost $0.11 – $0.50 per click on platforms like Google Ads and Microsoft Ads (85% of respondents). The price you pay can depend on whether you’re advertising on the Google Search Network or the Google Display Network as well as your industry.

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Source data

Google Search Network COST PER CLICK% OF MARKETERS
Less than $0.109.18%
$0.11 – $0.5036.73%
$0.51 – $0.7012.24%
$0.71 – $1.009.18%
$1.01 – $2.009.18%
$2.01 – $3.008.16%
$3.01 – $5.003.06%
$5.01 – $7.007.14%
$7.01 – $10.004.08%
More than $10.001.02%
GOOGLE DISPLAY NETWORK COST PER CLICK% OF MARKETERS
Less than $0.105.56%
$0.11 – $0.5023.61%
$0.51 – $0.7018.06%
$0.71 – $1.006.94%
$1.01 – $2.0011.11%
$2.01 – $3.008.33%
$3.01 – $5.0013.89%
$5.01 – $7.0011.11%
$7.01 – $10.001.39%
More than $10.000.00%
Microsoft Advertising COST PER CLICK% OF MARKETERS
Less than $0.107.14%
$0.11 – $0.5024.29%
$0.51 – $0.708.57%
$0.71 – $1.0010.00%
$1.01 – $2.0012.86%
$2.01 – $3.0010.00%
$3.01 – $5.005.71%
$5.01 – $7.0010.00%
$7.01 – $10.008.57%
More than $10.002.86%

How much does social media advertising cost per year?

On average, social media advertising costs $100 – $25,000 per year (48% of respondents). How much you spend each year on social media ads will depend on your chosen platform, ad type, bidding model, and more.

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Source data

Social media advertising COST PER YEAR% OF MARKETERS
Less than $100011.11%
$1000 – $500015.93%
$5001 – $10,00015.19%
$10,001 – $25,00017.04%
$25,001 – $50,00012.22%
$50,001 – $100,00010.74%
$100,001 – $250,00010.00%
More than $250,0007.78%

Table of Contents

  • View WebFX Pricing
  • Overview
  • FAQs About Digital Advertising Pricing
  • How Much Does Digital Advertising Cost in 2024?
  • What Determines the Pricing for Digital Advertising?
  • Drive More Revenue with Industry-leading Digital Advertising Services from WebFX

Last Updated March 5, 2024

Data roundup: How much do business pay for digital advertising?

45%

Pay $100 – $10,000 per month on PPC ads

Source: WebFX

48%

Pay $100 – $25,000 per year on social media ads

Source: WebFX

85%

Pay $0.11 – $0.50 per click on PPC ads

Source: WebFX

FAQs about digital advertising pricing

Get quick answers to common questions about digital advertising pricing below:

  • What determines the pricing for digital advertising?
  • What do digital advertising pricing packages include?
  • How can digital advertising benefit your business?

What determines the pricing for digital advertising?

What determines the pricing for digital advertising?

Several factors influence the pricing for digital advertising, such as:

  • How many strategies you invest in
  • Which strategies you choose to invest in
  • If you decide to manage your campaigns in-house
  • If you hire a digital advertising agency
  • Whether you need tools to help you manage your campaigns
  • And more

With digital advertising, there is no one size fits all cost approach. Since digital advertising enables you to control your ad spend, you can choose how much they want to spend on your ad campaigns. That means you can easily stay within yourmarketing budget.

For example, withGoogle Ads, you bid on thekeywordsyou want to trigger your ads. Your bid will be the maximum amount you want to spend each time a user clicks on your ad.

What do digital advertising pricing packages include?

What do digital advertising pricing packages include?

Because digital advertising can be flexible in terms of the strategies and campaigns you choose to invest in, what your package includes can vary.

For example, digital advertising pricing packages can include numerous ad types for your choosing, including:

  • PPCads
  • Social media ads
  • Display ads
  • Banner ads
  • Influencer ads

Your package will also tend to include several features that can help you optimize and manage your strategies to drive the best results for your company no matter which ad types you decide to run.

You can expect your digital advertising package to include the following features:

  • Optimized ad copy
  • Ad landing pages
  • Monthly ad spend paid to networks
  • Ads on multiple platforms, such as Google Ads, social media, and other search engines
  • Bid management
  • Campaign tracking and reporting
  • And more

If you decide to invest in a digital advertising package from an experience agency, like WebFX, you can expect to receive personalized strategies tailored specifically for your business.

Plus, an agency will help you continuously optimize and manage your campaigns to ensure they drive the best results for your company.

How can digital advertising benefit your business?

How can digital advertising benefit your business?

Now that you know more about the average pricing for digital advertising, let’s discuss how digital ads benefit your business.

Digital advertising helps you:

Boost your brand awareness

If you want to increase yourbrand awarenessand recognition, investing in digital advertising is a must. Digital ads enable you to promote your brand, products, and services to billions of consumers online through search engines, social media, websites, and more!

With the rightadvertising strategyfor your business, you can ensure your ads will appear at the top of search results and display for the consumers who are already actively searching for your products and services.

That means you can help more consumers find your business online and boost your sales at the same time.

Reach more high-quality leads

Reaching the consumers who are most likely to purchase your products and services is the key to unlocking moreconversionsand revenue for your company. With digital advertising, it’s easy to reach more high-quality leads.

Digital ads have several targeting features that enable you to target specific groups of consumers based on their:

  • Interests
  • Demographics
  • Hobbies
  • Purchasing history
  • And more!

That means you can ensure your ads will display for the consumers who are most likely to make a purchase so that you can enjoy more conversions and sales as a result.

Create personalized marketing messages

Digital ads also enable you to createpersonalized marketing messages. Consumers are more likely to perform an action, such as making a purchase or downloading a guide, if your ad is relevant to them.

With the right digital advertising strategy for your business, you can create ads that resonate with specific types of consumers. You can create more personalized ads that enable you to:

  • Target previous website visitors
  • Reach consumers based on their location
  • Target consumers who previously search for your products and services
  • And more!

When you create advertisem*nts that resonate with consumers, such as services in their current location that they previously searched for, you can create a more personalized experience.

With these eye-catching advertisem*nts, it’s easy to grab consumers’ attention and create an ad that will encourage more clicks andweb traffic.

Digital advertising pricing from WebFX

Did you know that WebFX is a leading full-servicedigital advertising agency? We offer several digital advertising pricing packages that can suit almost any marketing budget and the needs of your business.

Browse our digital advertising pricing and services below:

  • PPC pricing
  • Remarketing pricing
  • Geofencing pricing
  • Facebook advertising pricing
  • Instagram advertising pricing
  • Twitter advertising pricing
  • LinkedIn advertising pricing
  • YouTube advertising pricing
  • Pinterest advertising pricing
  • Influencer advertising pricing
  • Amazon PPC pricing
  • Online media buying pricing

Whether you want to advertise on multiplesocial media platforms, attract more web traffic from local consumers, or reconnect with previous site visitors, WebFX can help you do it all.

What do digital advertising services from WebFX include?

Here are a few features you can expect digital advertising services from WebFX to include:

  • A dedicated (and seasoned) account manager
  • A team of over 500 digital advertising experts
  • In-depth keyword research and selection
  • Access toMarketingCloudFX, our industry-leading marketing platform
  • Initial campaign development and strategy
  • Industry analysis
  • In-depth competitor ad analysis
  • Ad campaign copywriting that’s tested for optimal performance
  • Strategic bid management
  • Frequent analysis and reporting of your campaign results
  • Monitoring of clicks and conversions
  • Landing page performance testing
  • Keyword, interest, and user intent ad targeting
  • Unique and compelling ads
  • And much more!

No matter your business goals, whether you want to increase your brand awareness or drive more traffic to your website, WebFX can help you achieve milestones that will take your business to new heights.

Why choose digital advertising services from WebFX over other agencies?

So why should you choose digital advertising services from WebFX over other advertising agencies?

There are several reasons why you should consider partnering with WebFX for your digital advertising needs, such as:

We drive results for our clients

When you look at theresultswe’ve driven for our clients, our digital advertising services are second to none.

In the past five years, we’ve helped our clients achieve the following:

  • Drive over $6 billion in revenue
  • Process more than 14.9 million transactions
  • Earn over 24 million leads
  • Receive more than 7.14 million phone calls

We’ve helped many clients grow their companies, and we can do the same for your business.

We focus on driving the best return on investment (ROI) for your business

At WebFX, we are dedicated to helping our clients grow their businesses. That’s why we focus on helping you earn thehighest possible ROIfor your company.

When you partner with WebFX, wetrack and measureyour advertising campaigns so you can always stay in the loop about how your campaigns perform. We’ll also help you improve your strategies to drive even better results for your business.

You won’t have to worry about wasting resources on the campaigns that aren’t driving results for your business, earning you more revenue and a higher ROI in the long run.

Here are just a few examples of some incredible results we’ve helped our clients achieve over the past few years with our digital advertising campaigns:

  • Furbo:With our digital advertising services, Furbo experienced a76% returnon ad spend (ROAS)
  • York Saw and Knife:After investing in our advertising services, York Saw and Knife saw a2118% Amazon ad revenue
  • Marketview Liquor:With the help of our digital adveritisng services, Marketview Liquor experienced67% ROAS increase.

Check out more of our case studies to learn more about how our digital advertising services have helped our clients drive amazing results.

We use data to inform our strategies

Our team uses data to develop personalized strategies for our clients. We create advertising campaigns that help you achieve and exceed your business goals by usingdata-driven marketing techniques.

When you partner with WebFX, you’ll also have access to our ROI-tracking software,MarketingCloudFX. With MarketingCloudFX, you can easily track and manage the success of your advertising campaigns, plus your other digital marketing strategies, all in one place.

From viewing the sources of leads and traffic to receiving in-depth reports and analysis, MarketingCloudFX makes it easy to drive more revenue for your business.

Table of Contents

  • View WebFX Pricing
  • Overview
  • FAQs About Digital Advertising Pricing
  • How Much Does Digital Advertising Cost in 2024?
  • What Determines the Pricing for Digital Advertising?
  • Drive More Revenue with Industry-leading Digital Advertising Services from WebFX

Related Pricing Guides

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  • How Much Does It Cost to Advertise on Pandora?
  • How Much Does It Cost to Advertise on the Internet?
  • How to Roll Radio Spend into Pandora and Spotify
Reviewed By: Trevin Shirey
Trevin is the VP Director of Business Development at WebFX. He has worked on over 450 marketing campaigns and has been building websites for over 20 years. His work has been featured by Search Engine Land, USA Today, Fast Company, and Inc.

Data roundup: Is digital advertising worth it?

71%

Yes

Source: WebFX

29%

No

Source: WebFX

We improve the numbers that matter most

Read our case studies for more a more in-depth look at our results.

Digital Advertising Pricing (29)

236%

Increase in organic
sessions

Read Full Case Study

Digital Advertising Pricing (30)

2X

Increase in website traffic and leads

Read Full Case Study

Digital Advertising Pricing (31)

198%

Increase in organic transactions

Read Full Case Study

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Drive more revenue with industry-leading digital advertising services from WebFX

If you’re ready to start boosting your sales and revenue with digital advertising, WebFX has got you covered.

Our award-winning team of over 500 digital advertising experts will create a personalized strategy that will suit your company’s needs and help you achieve your business goals. Our industry-leading digital advertising services help you reach high-value consumers so that you can drive more conversions and sales for your business.

Don’t let your competitors get ahead. Speak with one of our strategists today by calling888-601-5359orcontact us onlineto learn more about how we can help grow your company.

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Digital Advertising Pricing (2024)

FAQs

How do you price digital advertising? ›

CPM – Cost Per Mille

You can easily calculate it using this equation: Total cost = total impressions x CPM rate / one thousand. CPM is another great entry point for businesses new to digital advertising because its main objective is to increase brand and product awareness rather than directly generating sales.

Is digital advertising cost effective? ›

Digital marketing offers diverse and cost-effective ways for businesses to engage with customers. Content marketing, for instance, allows businesses to create valuable and relevant content, establishing authority and trust without the hefty price tag of traditional advertising.

How much should I charge for digital marketing? ›

How Much Should a Digital Marketing Agency Charge for a Project? Agency pricing varies widely based on services, industry, project scale, and expertise. It can range from $1,000-20,000/month for medium and small businesses, but some premier agencies charge upwards of $50,000/month.

How much should you spend on digital advertising? ›

If you can spend 10-14% of revenue on marketing, this will grow your current position in the market. In dollar value, that obviously varies, but we've found a minimum of somewhere around $3,000 per month will produce sustainable growth over time if invested wisely into marketing.

How do you price digital work? ›

The sale price of your artwork uses the following formula Artwork Costs + (Artwork Costs / 100 * Desired Profit) This is a fairly simple formula which you can use without the calculator to work out the sale price of your digital art or fine art.

How to calculate online advertising cost? ›

The formula to calculate advertising cost is as follows: Total Cost = Number of Impressions * Cost Per Impression OR Total Cost = Number of Clicks * Cost Per Click.

Is digital advertising expensive? ›

Digital advertising costs $100 – $10,000 per month, $0.11 – $0.50 per click, and $0.51 – $1 per 1000 impressions for PPC ads, and $0.01 – $0.50 per click and $0.01 – $8 per 1000 impressions for social media ads on average.

How are digital billboards priced? ›

2. How much does digital billboard advertising cost? The cost of digital billboard advertising can vary depending on several factors such as location, duration, demand, and size of the billboard. On average, you can expect to pay between $1,000 and $10,000 per month for a digital billboard advertising campaign.

Is it worth paying for digital marketing? ›

Secondly, despite changes in costs, the value provided greatly exceeds the investment. From website development to search engine optimization, pay-per-click ads to social media management, every aspect of digital marketing delivers significant return on investment.

How do I charge a client for digital marketing? ›

There are multiple ways you can price your marketing: an hourly rate for time and materials, a fixed bid that bundles scopes together, a retainer model where you're on call, and value-based pricing. You can use a combination of these pricing models, but ensure you have a value proposition ready.

How much should I pay a digital marketer? ›

Digital Marketer Salary
Annual SalaryMonthly Pay
Top Earners$113,000$9,416
75th Percentile$81,500$6,791
Average$77,381$6,448
25th Percentile$55,000$4,583

What is a good cost per click for digital marketing? ›

Your ideal CPC is at least $0.01 less than your break-even CPC. For example, let's say your average conversion rate is two percent and your single product sale profit is $20. This means your break-even CPC would be $0.40 ($20 x 0.02). Therefore, you would want to aim for a CPC of $0.39 or less.

What is a good budget for digital marketing? ›

A common rule of thumb that most brands use is to spend around 7-10% of the overall revenue on marketing activities. Of that amount, around half of it should go toward digital marketing initiatives. With that in mind, it's important to note that every company and industry is different.

What is the minimum budget needed for digital ads? ›

For campaign and ad set budgets, advertisers who are charged for impressions need to allocate at least $1 per day for daily budgets. If you use the cost-per-result goal bid strategy, your daily budget should be at least 5 times the amount of your cost-per-result goal.

How much should I pay for advertising? ›

Online advertising costs vary widely depending on factors such as the channels you advertise on, the services you use, the size of your campaigns, and more. On average, small-to-medium-sized (SMBs) businesses pay $2500 to $12,000 per month or $1000 to $7500 per project for online advertising.

How do you calculate digital marketing cost? ›

To find your CPL, divide the total amount spent on marketing by the number of leads generated. For example, if you spend $100,000 on marketing and generate 1,000 leads, your cost is $100 per lead. Tip: You can use this same equation to calculate your cost per lead for each marketing channel you use.

How would you calculate the digital media cost? ›

Formula: CPM = Media Cost / Impressions x 1000

This media math formula is a performance-based pricing model that tracks and measures cost effectiveness of online impressions, which are sold by the thousand. The CPM formula is the most common pricing model used in the media industry.

How do you determine the price of a digital product? ›

How to set the right price for your digital product
  1. Find out how much your target audience is willing to pay.
  2. Calculate your cost of production.
  3. Set your profit margin.
  4. Choose your pricing model.
Sep 7, 2023

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