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By My Blog
Your Marketing Budget Probably Doesn't Match Your Goals Walking through downtown Franklin yesterday, I counted at least six "Coming Soon" signs on Main Str...
Walking through downtown Franklin yesterday, I counted at least six "Coming Soon" signs on Main Street. New businesses opening, others pivoting, everyone trying to figure out how to spend their marketing dollars wisely. It got me thinking about the disconnect I see everywhere between what business owners say they want and how they actually allocate their marketing budget.
Most marketing budgets are built backwards. We decide how much we want to spend, then figure out what to do with it. But that's like deciding you want to drive to Nashville, setting aside $20 for gas, then wondering why you're stuck on I-65.
The first question isn't "How much should I spend on marketing?" It's "What needs to happen for my business to hit its goals?"
If you need 50 new customers this quarter, work backwards. How many people need to see your offer? How many need to visit your website or walk through your door? How many conversations does it take to close a sale?
This isn't about building some complex spreadsheet. Just grab a napkin and do the math. If you close 1 in 10 prospects and you need 50 new customers, you need 500 qualified prospects. If 1 in 20 website visitors becomes a prospect, you need 10,000 visitors. Now you're working with real numbers instead of guessing.
Here in Franklin and the surrounding areas, I see a common pattern. Business owners hear they need to be "everywhere" online, so they spread their budget thin across Facebook ads, Google ads, Instagram, LinkedIn, email marketing, and whatever new platform their nephew recommended.
The result? Nothing gets enough fuel to actually work.
A restaurant near the Carnton Plantation was spending $200 a month each on Facebook ads, Google ads, and Instagram promotion. They were getting a trickle of results from each but nothing meaningful. When they put that full $600 into Google ads for local searches like "dinner near Franklin" and "best restaurants Historic Downtown," they started seeing actual lines out the door again.
We overthink it because marketing feels complicated. There are so many options, so many experts telling us about the latest strategy, so many tools promising to solve all our problems.
But complexity is usually a sign we're overthinking it. The businesses that grow consistently usually do one or two marketing activities really well rather than ten activities poorly.
Your budget should reflect this. Instead of $100 here and $50 there across eight different tactics, pick the two that most directly connect your ideal customers to your business. Give those channels enough budget to actually test and optimize.
With AI tools everywhere now - especially here in Winter 2026 - there's pressure to automate everything and spread even thinner. I get it. The promise of AI handling your social media while you focus on customers sounds amazing.
But AI tools are amplifiers, not strategies. If your underlying approach is scattered, AI just helps you be scattered faster.
Before adding any AI tool to your marketing mix, ask: "Does this help me do more of what's already working, or is this a shiny distraction from figuring out what actually works?"
Here's how I'd approach it if I were starting a business in Franklin tomorrow:
First, allocate 60% of your marketing budget to your best channel. The one that most directly reaches people when they're ready to buy. For local businesses, that's often Google ads for local searches. For online businesses, it might be Facebook ads to a proven audience.
Next, put 30% toward building something sustainable long-term. Maybe that's content that helps your Google rankings, or an email list, or partnerships with other local businesses. Something that compounds over time instead of disappearing when you stop paying for it.
The last 10%? That's your experiment money. New platforms, different ad types, whatever you're curious about. But keep it small until something proves itself worth moving to the main budget.
If you're just starting out and genuinely don't know what works yet, flip this around. Spend smaller amounts testing several approaches until something clearly outperforms the rest. Then concentrate your budget there.
Also, if you're in a business where you need to maintain presence across multiple channels - like a local real estate agent who needs to stay visible everywhere - then even distribution might make sense. But make sure you're maintaining presence, not trying to actively grow through every channel simultaneously.
One advantage of being in a place like Franklin is that local marketing still works incredibly well. People search for "plumber near me" and "Franklin restaurant reservations" and "Cool Springs shopping."
That's different from trying to compete nationally online where you're fighting against companies with million-dollar ad budgets. Local search, local partnerships, and local community involvement can still carry a big chunk of your marketing load without requiring a massive budget.
The key is making sure your marketing budget matches your actual goals, not what you think you're supposed to be doing. Most of the time, simple and focused beats complex and scattered. Even when everyone around you seems to be making it more complicated than it needs to be.