How should we decide our marketing budget?

Hello,
I’m new to SEO & I’m planning for PPC for a while, I’m confused with what marketing budget should I allocate. Can anyone help me?

Hi Friends,
Should Be Managing Their Marketing Budgets like,

• Treat it like a personal budget. Basic good habits for managing money are indispensable here.
• Analyze your past efforts. If you're just starting to draw up a budget, spend some time analyzing your past efforts.
• Diversify.
• Allocate 10% to experimentation.
• Cut the losers.
• Take time to cut costs.
• Focus on ROI

Step by step instructions to Properly Allocate Your Marketing Budget in 2019

Set your objectives. As you enter the new year, consider what your advertising and generally speaking business objectives are. ...

Locate the correct advertising roads. The subsequent stage is choosing which roads are most meriting your spending limit. ...

Screen your spending limit, and change if necessary.

What kind of marketing campaign you are planning?

Here are the 5 steps that a business should follow to develop a marketing budget:
-Research your customers.
-Match spending to revenue.
-Make wise spending decisions.
-Correct the course as needed.
-Utilize best practices.