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References & data sources

Every stat on this site has a source.

When the calculator says “CTV recall 60-70%” or “82% weekly local reach for radio,” we’re not making it up. Every claim links back to the study, publisher, or statute it came from. Verify the math yourself.

Tax-treatment notes throughout the site are general information, not legal or financial advice — talk to your CPA or attorney about how anything below applies to your specific situation.

A note on the links: each citation below links directly to the specific study, report, or statute it references. Statutes, IRS publications, FASB standards, and Census data have permanent URLs and won't move. Research publishers (Nielsen, eMarketer, Westwood One, HBR, McKinsey) occasionally reorganize their sites — if a link 404s, the report title is preserved so you can search for it on the publisher's site. Notify us if you find a broken link.

Section 1

Front Desk: inquiry response research

Sources for the figures on our Automated Front Desk pages and the answering-service cost comparison. They describe how businesses answer inquiries in general; they are not a promise of results for any one business.

  • Of 2,241 US companies audited, those that tried to contact a web inquiry within an hour were nearly seven times as likely to qualify the lead (a meaningful conversation with a decision maker) as those that waited even an hour longer. The average response time was 42 hours, and 23% never responded.
    Source
    The Short Life of Online Sales Leads (Oldroyd, McElheran & Elkington)
    Publisher
    Harvard Business Review
    Date
    March 2011
  • Researchers posing as buyers found 1 in 4 companies never responded to an inbound inquiry, and about 35% made only one or two contact attempts (100 mid-size and large US companies, tracked 22 days).
    Source
    Conversica 2023 Sales Effectiveness Report (press release)
    Publisher
    Conversica via Business Wire
    Date
    May 4, 2023
  • 82% of consumers say they will call a competitor if a business does not answer; 78% say they have abandoned a business after an unanswered call; 42% leave a voicemail (self-reported survey of 1,000 US consumers).
  • Receptionists and information clerks earned a median $18.27 an hour ($38,010 a year) in May 2025. At that wage, 40 hours a week is about $3,170 a month and all 728 hours of a month is about $13,300, before payroll taxes and benefits (our arithmetic).
    Source
    Occupational Outlook Handbook: Receptionists
    Publisher
    US Bureau of Labor Statistics
    Date
    Retrieved October 15, 2026
  • Ruby live virtual receptionist plans: $250 a month for 50 minutes, $395 for 100 minutes, $720 for 200 minutes, $1,725 for 500 minutes.
    Source
    Ruby pricing
    Publisher
    Ruby
    Date
    Retrieved October 15, 2026
  • Smith.ai human-first receptionist plans: Starter $300 a month for 30 calls ($11.50 per extra call), Basic $810 for 90 calls ($10.50 per extra call), Pro $2,100 for 300 calls ($8.50 per extra call).
    Source
    Smith.ai pricing
    Publisher
    Smith.ai
    Date
    Retrieved October 15, 2026
Section 2

Venue Booking Desk: inquiry and response research

Sources for the figures on our Venue Booking Desk pages and emails. They describe wedding venue shopping and how businesses answer inquiries in general; they are not a promise of results for any one venue.

Section 3

Advertising cost benchmarks — public industry ranges (2026)

Third-party industry cost ranges we cite in our plain-English cost guides. They are starting points, not quotes — the calculator resolves the real number for your market, budget, and goal from our own channel rates. Those rates are public — the calculator loads them from a data file your browser can read. What we do not publish is the basis behind them: the vendor documents, margins, and derivations that produce each rate.

  • Local radio: a 30-second spot commonly runs ~$100-$300 in small markets, ~$300-$800 in mid-size cities, and ~$1,000-$5,000+ in major-metro drive time; weekly schedules range from under ~$1,000 in small towns to ~$8,000+ in large metros; radio CPM commonly ~$5-$15.
    Source
    Costs for Advertising on Radio: A 2026 Budget Guide
    Publisher
    SparkPod
    Date
    2026
    Notes
    Corroborated by The Marketing Juice (https://themarketingjuice.com/how-much-is-radio-advertising/) and Adwave 2026 Local Advertising Cost Guide (https://adwave.com/resources/local-advertising-cost-guide-2026). Rates are negotiable and vary by market, daypart, and station; committed schedules are typically discounted.
  • Geofencing display advertising commonly runs ~$3.50-$15 CPM (video ~$15-$25; CTV-geofencing ~$20-$50 CPM); most managed monthly budgets range ~$1,500-$10,000, with setup fees often ~$500-$2,000.
    Source
    How Much Does Geofencing Cost? Pricing & CPM Explained (2026)
    Publisher
    GetGeofencing
    Date
    2026
    Notes
    Range corroborated by Propellant Media (https://propellant.media/geofencing-marketing-costs-prices/) and WebFX geofencing pricing (https://www.webfx.com/digital-advertising/pricing/geofencing-cost/), reflecting GroundTruth industry CPM data. Honest caveats: iOS location-attribution limits, polygon targeting outperforms simple radius, and store-visit ROI typically takes several months to read.
  • CTV / OTT advertising commonly runs ~$25-$45 CPM (premium authenticated inventory can reach ~$55-$65); many platforms start at ~$500-$1,000/month, and some have no minimum.
    Source
    CTV Advertising Cost in 2026: Real CPM Data ($25-$45)
    Publisher
    DataLatte
    Date
    2026
    Notes
    Corroborated by MNTN (https://mountain.com/blog/ott-advertising-cost/) and Adwave CTV CPM data (https://adwave.com/resources/average-ctv-cpm-q4-2025). CPMs rise with targeting specificity and in Q4; FAST/mid-tier inventory typically prices lower than premium streamers.
  • Typical 2026 local CPM ranges by channel: streaming TV ~$15-$35, paid search ~$20-$80, paid social ~$8-$15, radio ~$5-$15, and out-of-home ~$3-$10 (cost per thousand people reached).
    Source
    Local Advertising Cost Guide: What to Expect in 2026
    Publisher
    Adwave
    Date
    2026
    Notes
    CPM = cost per thousand impressions/people reached. Channels price differently because they do different jobs (high-intent search vs. broad awareness); the right mix depends on goal, industry, market, and budget, which the calculator resolves.
  • Paid search (Google Ads) is billed per click, not per thousand impressions: the average cost per click across industries is $5.42 (2026). Cost per click and cost per lead vary widely by industry.
    Source
    Google Ads Benchmarks 2026: Competitive Data & Insights for Every Industry
    Publisher
    WordStream (LocaliQ)
    Date
    2026
    Notes
    WordStream's prior-year figure was $5.26 (2025 report: https://www.wordstream.com/blog/2025-google-ads-benchmarks). The spread by industry is large — the 2026 report shows Real Estate CPC up ~27% year over year while Apparel fell ~23%. Adwave's local guide expresses paid search as an equivalent ~$20-$80 CPM, but because search is bought per click, a "CPM" for search is a derived comparison rather than how it is actually billed.
  • LinkedIn: B2B cost per click commonly runs ~$10.48-$15.72 depending on the quarter (Q1 lowest, Q3 highest). LinkedIn is among the most expensive per-click channels because the targeting is job title, seniority, and company level.
    Source
    2025 LinkedIn Ads Benchmark Report for B2B Marketers
    Publisher
    HockeyStack Labs
    Date
    2025
    Notes
    Sample is 70+ B2B SaaS companies ($5M-$1B ARR) and roughly $28M of spend — directional for B2B advertisers, not a general or local-business benchmark. We deliberately do NOT publish a LinkedIn CPM: credible public sources disagree by roughly 5x, and none met our sourcing bar. Where a number cannot be sourced honestly, we leave it out rather than guess.
  • TikTok: platform minimum budgets are $50/day at campaign level and $20/day at ad-group level (the lifetime ad-group minimum is $20 x scheduled days). Average CPM ran ~$6.21 in June 2025, with heavy seasonal swing.
    Source
    About budgets for ads in TikTok Ads Manager
    Publisher
    TikTok Business Help Center
    Date
    Last updated August 2025
    Notes
    Minimums verified directly on TikTok's official help center: campaign daily budget must exceed $50, ad-group daily budget must exceed $20, and the lifetime ad-group minimum is $20 x scheduled days (e.g. $620 across 31 days). CPM figures come from Gupta Media's TikTok ads cost tracker (https://www.guptamedia.com/insights/tiktok-ads-cost), which reports ~$6.21 CPM as of June 2025 and shows large month-to-month movement (January 2025 ~$2.87).
  • Snapchat: average CPM ~$8.39 (June 2025), with high month-to-month volatility (January 2025 ~$6.01; April 2025 ~$12.04).
    Source
    How much do Snapchat ads cost in 2025?
    Publisher
    Gupta Media
    Date
    2025
    Notes
    Snapchat rates move faster month to month than most social platforms, so any single CPM is a snapshot rather than a stable rate. Snapchat's ad audience also skews heavily 13-34 (DataReportal / We Are Social), which makes it a demographic-fit question before it is a cost question — a cheap CPM against the wrong age band is not a bargain.
  • Streaming audio (Spotify / Pandora / iHeart): CPM commonly ~$10-$35, averaging ~$20. Podcast advertising commonly runs ~$20 CPM pre-roll and ~$25 CPM mid-roll.
    Source
    2026 U.S. Media CPM Benchmark Report (Version 1.0)
    Publisher
    Adsposure
    Date
    2026
    Notes
    Disclosure: Adsposure is a transit / out-of-home advertising company, so it has a directional interest in digital CPMs appearing high. Its figures are aggregated from 40+ cited third-party sources (Solomon Partners, IAB, eMarketer) rather than proprietary data — we cite it as an aggregated cross-media benchmark, not a neutral primary study. Podcast CPMs are corroborated independently by Ad Results Media, a major podcast buying agency publishing its own observed rates (~$20 pre-roll / ~$25 mid-roll): https://www.adresultsmedia.com/news-insights/how-much-do-podcast-ads-cost/. Host-read spots and large shows run materially higher.
  • Targeted display CPM depends on the inventory tier: the Google Display Network averages ~$3.12 CPM, open-exchange programmatic ~$5.85, and curated private-marketplace inventory ~$8.20 (2026 cross-industry averages). Standard static banners average ~$2.85 CPM. Cross-network display viewability averages 72% — meaning roughly 28% of display impressions never meet the industry standard of being half-visible for one second — and display converts at ~0.71% against ~4.40% for paid search.
    Source
    Display Advertising Benchmarks 2026: 150+ Data Points
    Publisher
    Digital Applied
    Date
    April 2026
    Notes
    Neutral ad-tech source — no out-of-home or media-owner conflict of interest. The report aggregates WordStream Display Industry Benchmarks Q1 2026, The Trade Desk and Amazon DSP platform reporting, IAB Tech Lab data, and MRC-audited viewability providers (IAS, DoubleVerify, MOAT). It also anchors our retargeting figures: display retargeting converts at ~1.42% vs ~0.34% for cold prospecting. Display is inexpensive per impression precisely because attention per impression is low — a support channel, not a closer (see also the IAB display-recall citation in the Channel effectiveness section).
  • YouTube: CPM commonly ~$5-$10 for most advertisers. YouTube is usually bought per view rather than per impression — see the TrueView cost-per-view citation (~$0.02-$0.04 CPV) in the Channel effectiveness section.
    Source
    YouTube Ads Benchmarks (2026)
    Publisher
    Store Growers
    Date
    2026
    Notes
    Corroborated independently by Gupta Media, which tracked YouTube CPM at $7.61 in October 2025 (https://www.guptamedia.com/social-media-ads-cost). US campaigns typically run above global averages, and December is the seasonal peak. Because TrueView only charges when a viewer actually watches, cost-per-view is the number that governs a YouTube budget in practice.
  • Paid search (Google + Microsoft Ads): average conversion rate 8.18% and average cost per lead $66.69 across all industries (2026). Average cost per click is $5.42 — more than double the $2.32 of ten years ago.
    Source
    Google Ads Benchmarks 2026: Competitive Data & Insights for Every Industry
    Publisher
    WordStream (LocaliQ)
    Date
    May 2026
    Notes
    Drawn from WordStream's analysis of accounts running April 2025 through March 2026 — the freshest comparable search benchmark available. This supersedes the older ~7% (2024) conversion-rate figure cited under Channel effectiveness; both are retained so the trend is visible. Notably, 2026 is the first year in five that average cost per lead in Google and Microsoft Ads has actually fallen.
  • Paid social (Meta lead campaigns): average conversion rate 7.72% and average cost per lead $27.66 across all industries. Cost per click is $1.92 for lead campaigns and $0.70 for traffic campaigns.
    Source
    Facebook Ads Benchmarks 2025: New Data, Trends & Insights for Your Industry
    Publisher
    WordStream (LocaliQ)
    Date
    September 2025
    Notes
    IMPORTANT CAVEAT ON COMPARING THIS WITH SEARCH: this is WordStream's 2025 Facebook report, while the search figures above come from its 2026 Google report. The two data sets cover different periods, so the cost-per-lead gap between them is directional, not precise. Where WordStream compares the two inside a single report, it puts Facebook lead-campaign cost per click at $1.92 against $5.26 for Google Ads. Meta cost per lead ranges enormously by industry — from $3.16 (restaurants and food) to $76.71 (dentists) — and Meta lead-campaign conversion rate fell year over year in 12 of 15 industries.
  • Advertising agency management fees run 10-20% of monthly ad spend as the industry standard, and 20-25% at the smallest spend levels ($1,000-$5,000/month). The median US agency retainer is about $3,000/month. A fee of 5% of spend or less is a red flag for set-and-forget management.
    Source
    Digital Marketing Pricing 2026: What Agencies Charge
    Publisher
    Digital Applied
    Date
    April 2026
    Notes
    CONFLICT OF INTEREST DISCLOSED: Digital Applied is itself a marketing agency, so a guide advising what agencies should charge is not a disinterested source — its "prices that are too low" section is self-serving. We cite it anyway because the 10-20% figure is the consistent public benchmark across independent pricing surveys: it is the honest industry number for what fee-based agency management costs, and a business comparing options deserves to see it. Separately, and as a matter of fact rather than comparison: campaign management and monthly reporting here are included in the channel rate, with no separate management fee and no retainer. We do not cite this source's marketing-budget-as-percent-of-revenue table (it recommends 12-20% for businesses under $1M, well above the 6-10% survey baseline we use) or its email-ROI figure.
  • How advertising agencies get paid, measured among large national advertisers: 82% of surveyed marketers use a fee-based compensation method in at least one agency agreement, up from 68% in 2016. Labor-based fees — billing for the hours agency staff spend — remain the dominant form overall, and 76% of smaller advertisers use them. Among the largest advertisers, those spending $500 million or more a year, 53% now use fixed or output-based fees (a negotiated price for a defined set of deliverables, regardless of hours), up from 5% in 2016. Use of performance incentives alongside fees fell to 41%, from 48% in 2016 and 61% in 2013. Fees are not the only structure in use: in the previous edition, the ANA found use of traditional media commissions had climbed back to 12% of respondents from 3% in 2010, used primarily for media services. The question worth asking anyone who buys media for you is which structure you are in, and what the total comes to.
    Source
    Trends in Agency Compensation, 18th Edition (with the 17th Edition, 2017, for media commissions)
    Publisher
    Association of National Advertisers (ANA)
    Date
    November 2022
    Notes
    SCOPE LIMIT — THIS IS THE ENTERPRISE MARKET, NOT THE LOCAL ONE: the sample is 101 client-side marketers surveyed in Q2 2022, representing 336 agency/client relationships (3.33 each on average), supplemented by qualitative interviews; survey design and analysis by JLB + Partners. The report's own cohorts run to $500 million or more in annual spend, so it describes what large national advertisers pay their agencies. It is not a benchmark for what a local business pays a local agency — for that, see the agency management fees citation above. CONFLICT OF INTEREST DISCLOSED: the ANA is the trade association for the advertiser side of the industry, so these are buyers self-reporting what they pay, not audited contracts and not agency-reported data. The full report is ANA-member-gated; the figures quoted here come from the ANA's own public press release on the study (https://www.ana.net/content/show/id/76981), which we could verify, rather than from the gated report, which we could not. MEDIA COMMISSIONS — WHAT IS AND IS NOT SOURCED HERE: the 12% figure comes from the ANA's public release on the 17th edition (May 22, 2017), which states that "the use of traditional media commissions — near 'extinction' at only 3 percent of respondents in 2010 — has climbed back to 12 percent. Commissions are being used primarily for media services, and notably for programmatic media" (https://www.ana.net/content/show/id/44647). We deliberately do NOT describe the mechanics of a media commission — who pays whom, and out of which rate — because no publicly readable source we could verify states it. The 4A's 2024 Compensation Methodologies study lists Media Commission among the eight in-use models, but it is member-gated and paid, so we could not read it and do not cite it. Where a mechanism cannot be sourced, we name the structure and stop. FRESHNESS: a 19th edition was published November 2, 2025 (99 ANA member organizations) at https://www.ana.net/miccontent/show/id/rr-2025-11-trends-agency-compensation. Its findings are member-gated and we have not read them, so we do not cite them — we name it so you can check whether anything has moved. WHY THIS IS HERE: an advertiser comparing options should know that agency compensation takes more than one form, and that one of them is invisible on the invoice. This entry describes the enterprise market because that is where the measured data exists — it is not a benchmark for what a local agency charges, and we do not present it as one.
  • In the open-web programmatic marketplace, a meaningful share of an advertiser's dollar is consumed before it buys an impression anyone can see. Studying 21 large advertisers' actual impression-level data, the ANA found that about 36 cents of every dollar entering a demand-side platform reached the consumer as a fraud-free, viewable, measurable impression that was not on a made-for-advertising site. Transaction costs — DSP and SSP fees — took 29 cents, and another 35 cents went to non-viewable, invalid, unmeasurable, or made-for-advertising traffic. The ANA sized the recoverable waste at $22 billion, one dollar in four of the $88 billion open-web programmatic market. That was the December 2023 baseline; the ANA's quarterly benchmark put the market-level figure at 43.3% in Q1 2026, with the best-performing advertisers converting 54.0% of spend into qualified impressions and the worst 32.1%. AMENDMENT — WHAT SEPARATES THE TOP FROM THE BOTTOM (same source, Q1 2026): the ANA found the gap between higher- and lower-performing advertisers is driven far more by media productivity than by transaction costs — transaction costs differed by 2.4 percentage points between cohorts, media productivity losses by 19.4. Higher performers lost 19.0% of spend to media quality issues; lower performers lost 38.4%, and the report states the lower-performing cohort loses more than two-thirds of every dollar before it reaches the end consumer. Adjusted for quality, the higher-performing cohort paid $7.46 per thousand qualified impressions against $19.04 for the lower — a $1.95 difference in headline CPM becoming an $11.58 difference in TrueCPM once waste is accounted for. The ANA's stated conclusion: quality, not cost, is the primary differentiator in programmatic performance.
    Source
    ANA Programmatic Media Supply Chain Transparency Study: Complete Report
    Publisher
    Association of National Advertisers (ANA)
    Date
    December 2023 (benchmark updated May 2026)
    Notes
    SCOPE LIMIT — READ THIS BEFORE APPLYING THE NUMBER: the study covers open-web programmatic display and video only. It does not measure paid search, walled-garden social, directly negotiated broadcast or streaming buys, or any local media purchase, and it is not a measurement of any particular vendor's buying. The sample is 21 large national advertisers who could obtain their own log-level data — a real selection limit, since only 31% of the 67 advertisers who wanted to participate could get that data from their partners — plus 12 supply-chain companies (three DSPs, six SSPs, three ad verification vendors). These are averages across those advertisers' campaigns, not a rate anyone is quoted. CONFLICT OF INTEREST DISCLOSED: the ANA is the advertiser-side trade association, and the project team included TAG TrustNet, which sells the log-level-data reconciliation service the study recommends buying (other team members: Lemonade Projects, Reed Smith, Kroll). The component breakdown behind the headline — 8% DSP transaction, 2% DSP additional, 6% DSP data and 13% SSP costs, against 9.5% non-viewable, 0.5% invalid traffic, 15% non-measurable and 10% made-for-advertising inventory — is published by TAG TrustNet at https://www.tagtrust.net/insights/ana-programmatic-media-transparency-study, a page that is also a sales page for its own license. We cite the ANA as the primary source and name TAG so the breakdown is checkable. FRESHNESS: the 36% figure is the December 2023 baseline and it has moved. The ANA Q1 2026 Programmatic Transparency Benchmark (86 participating marketers, May 27, 2026) reports a market-level TrueAdSpend Index of 43.3%, a record 21.9-point spread between the top and bottom cohorts, and average programmatic CPMs falling from $5.55 in Q4 2025 to $4.42 in Q1 2026. We publish both so the direction of travel is visible rather than only the worst-sounding number. WHAT THE STUDY TELLS BUYERS TO DO: the ANA reports that media buyers are currently using more than 40,000 websites, and recommends buying from a deliberate list of 75 to 100 trusted sellers, consolidating to five to seven SSPs, and building inclusion lists rather than chasing exclusion lists. (TAG TrustNet's summary of the same study puts the averages at 44,000 sites and 13 SSPs per campaign, running as high as 58.) This is also why our display cost citation above is quoted by inventory tier rather than as one number, and why its ~72% viewability figure matters.
  • Billboard advertising cost benchmarks (out-of-home): national planning average roughly $2,500-$4,000 per four-week cycle, with rural boards from a few hundred dollars per month and digital faces typically 30-50% above comparable static; quotes vary with traffic counts (Geopath), visibility, demand, and seasonality. The 2025 national average is $3,953 per four-week campaign, with $1,000-$5,000 per month typical in small-to-mid-size cities.
    Source
    How Much Does a Billboard Cost? 2026 Prices & CPM
    Publisher
    AdQuick
    Date
    2026
    Notes
    The $3,953 national average and the $1,000-$5,000 small-to-mid-size-city range are from Fit Small Business, "How Much Does a Billboard Cost?" (2025). SCOPE LIMIT: these are planning ranges, not Black Hills quotes; billboard pricing is quoted per four-week cycle, not calendar month. CONFLICT OF INTEREST DISCLOSED: AdQuick operates an out-of-home buying marketplace (it sells billboard access); cited here for pricing data only.
Section 4

Search Advertising (Google Ads) Cost-Per-Click Benchmarks by Industry

What a click actually costs on Google Ads, by industry. Search is priced per click rather than per thousand impressions, so this is the benchmark that answers "what will a click cost me?" — the single most common question we get about search advertising. These are national medians, not quotes.

  • The average cost-per-click on Google Ads search is $5.42 across all industries, but the spread by industry is wide — from $1.63 (Arts & Entertainment) to $9.87 (Legal). High-consideration, high-customer-value categories cost the most per click; impulse and low-ticket categories cost the least.
    Median cost-per-click, Google Ads search, by industry (USD)
    IndustryMedian CPC
    Legal$9.87
    Home & Home Improvement$8.33
    Dentists & Dental Services$8.00
    Personal Services$7.17
    Health & Fitness$6.17
    Business Services$5.87
    Industrial & Commercial$5.87
    Career & Employment$5.81
    Education & Instruction$4.81
    Physicians & Surgeons$4.76
    Beauty & Personal Care$4.62
    Apparel / Fashion & Jewelry$4.44
    Automotive — Repair, Service & Parts$4.35
    Shopping, Collectibles & Gifts$4.14
    Animals & Pets$4.06
    Furniture$3.97
    Finance & Insurance$3.39
    Real Estate$3.22
    Sports & Recreation$2.77
    Automotive — For Sale$2.27
    Travel$2.14
    Restaurants & Food$2.05
    Arts & Entertainment$1.63
    All industries — overall average$5.42
    Source
    Google Ads Benchmarks 2026 (Susie Marino)
    Publisher
    WordStream / LocaliQ
    Date
    Updated May 19, 2026
    Notes
    Based on 13,474 US-based Google Ads and Microsoft Ads search campaigns running April 1, 2025 – March 31, 2026. Figures are medians, not averages of averages. IMPORTANT CAVEAT — these are national medians for Google Ads search: your actual cost-per-click varies substantially by local market, by keyword, by how many competitors are bidding, and by your Quality Score. Treat them as a sense of scale, not a quote. The calculator does not plan from these numbers — it sizes a specific search budget from real rate-card pricing for your market, budget, and goal.
Section 5

Return on Ad Spend (ROAS) Benchmarks by Channel

ROAS is revenue divided by ad spend — a revenue metric, NOT profit. There is no universal "good" ROAS: what counts as good depends on your margin, your customer lifetime value, and your business model. A 3x ROAS is excellent on a 70%-margin service and a losing trade on a 20%-margin product. Read the numbers below with three caveats attached. First, they are cross-industry benchmarks drawn largely from ecommerce and DTC datasets, where every sale is tracked online. Second, local-service businesses — where much of the revenue arrives as a phone call, a form fill, or a walk-in — are genuinely harder to measure, and their real returns may differ from these figures in either direction. Third, the spread between industries is wide and sample-dependent, so a cross-industry median is a sense of scale, not a forecast for your business.

  • Meta (Facebook / Instagram) returns roughly 2.2x ROAS across all industries (2.19x, 2025).
    Source
    Average ROAS for Facebook Ads 2025
    Publisher
    Trendtrack
    Date
    2025
    Notes
    All-industry average. Meta is an interruption channel — it reaches people who were not looking for you — so a lower ROAS than search is expected and is not evidence the channel is failing.
  • TikTok returns roughly 1.4x ROAS (1.41x median, H2 2025).
    Source
    What Is a Good ROAS for Ecommerce
    Publisher
    Billo
    Date
    H2 2025
    Notes
    Median across Billo's dataset (80,000+ Meta ads, H2 2025, plus 5,000+ advertiser search data). TikTok's measured ROAS is the lowest of the major paid channels in this dataset; its strength sits earlier in the funnel than last-click revenue attribution captures.
  • The cross-industry ecommerce average across all paid channels is roughly 2.87x (2025). The commonly cited general benchmark range is 2:1 to 4:1, and Google's own stated baseline is 2:1.
    Reported ROAS by channel — cross-industry, national (revenue ÷ ad spend, not profit)
    ChannelReported ROASSource
    Google Search / SEM~4.5x - 5.2xFocus Digital 5.17x; Billo 4.52x
    Meta (Facebook / Instagram)~2.2xTrendtrack 2.19x
    TikTok~1.4xBillo 1.41x
    All paid channels — ecommerce average~2.87x2025 cross-industry
    General benchmark range2:1 - 4:1Google baseline 2:1
    Source
    What Is a Good ROAS for Ecommerce
    Publisher
    Billo
    Date
    2025
    Notes
    This table reports what these publishers measured. It is NOT the model the calculator plans from — the campaign planner allocates by measured channel effectiveness, real vendor minimums, and real rate-card pricing for your specific market, goal, and budget. No figure in this table is used to size a channel.
  • The spread between industries is very wide and sample-dependent — roughly 0.7x (financial services) to about 6.9x (heavy equipment) on paid search.
    Source
    ROAS Benchmarks 2026: Average ROAS by Industry
    Publisher
    WebFX
    Date
    2025
    Notes
    The size of this spread is the point: a cross-industry average conceals a nearly 10x range between the weakest and strongest verticals. Any single "average ROAS" number should be treated as a sense of scale, never as a forecast for a specific business.
  • ROAS is harder to measure honestly than it looks — particularly for businesses whose revenue arrives offline, and particularly where platform-reported figures are taken at face value.
    Source
    What Is a Good ROAS in 2025
    Publisher
    WhatConverts
    Date
    April 2025
    Notes
    Varos data, April 2025. The measurement problem is structural, not a detail: platform-reported ROAS credits the platform for conversions it may not have caused (see the branded-search and retargeting incrementality citations elsewhere on this page), and revenue that lands as a phone call or a walk-in is invisible to the ad platform unless it is deliberately tracked back. This is why we treat any ROAS figure — including the ones on this page — as a benchmark to reason with, not a promise to make.
Section 6

Channel effectiveness — measured performance data

The calculator on this site ranks channels by statistically measured effectiveness for each goal. These are the studies and reports that anchor those rankings.

  • AM/FM radio reaches ~82% of US adults weekly (2023, down from ~92% in 2018).
    Source
    Nielsen Audio Today — How America Listens (June 2023)
    Publisher
    Nielsen
    Date
    2023
    Notes
    Weekly cume reach across all AM/FM radio listeners aged 12+. Nielsen publishes ongoing audio-listening updates through its Insights portal; this is the most recent comparable report. Westwood One has also published the underlying Nielsen 18-49 weekly-reach figure (81%) at: https://www.westwoodone.com/blog/2023/10/23/nielsen-total-audience-am-fm-radio-ratings-continue-to-beat-tv-among-persons-18-49/
  • Of all the time Americans spend each day with ad-supported audio, 82% goes to AM/FM radio and podcasts, while 16% goes to ad-supported streaming music services. US consumers spend nearly four hours a day with audio in total.
    Source
    The Record: Q1 U.S. audio listening trends
    Publisher
    Nielsen (with Edison Research Share of Ear)
    Date
    June 2026
    Notes
    This is a share-of-listening-TIME measure, not a reach measure — do not confuse it with the separate ~82% weekly-reach figure above, which happens to share the same number by coincidence. The 82% here is AM/FM radio (over-the-air and station streams) PLUS podcasts combined; it is not a claim about broadcast radio alone. Nielsen's framing: "if you are not building audio campaigns around a combined radio and podcast strategy, you are missing the vast majority of the daily ad supported audio audience." Note the direction of the bias check — this figure is favourable to a medium we sell for Haugo, so it is stated here at exactly the scope the source states it, and we do not extend it into an ROI or effectiveness claim.
  • Connected TV reaches ~87% of US households; ad recall 60-70%, completion rate ~95% on non-skippable inventory.
    Source
    Nielsen: U.S. TV household data reveals shifting trends
    Publisher
    Nielsen
    Date
    2024
    Notes
    Nielsen tracks CTV household penetration and ad-recall benchmarks through its Insights portal; current The Gauge dashboard tracks streaming share live at https://www.nielsen.com/data-center/the-gauge/
  • AM/FM radio drives an incremental 20-24% reach lift on top of TV-only campaigns.
    Source
    Nielsen: AM/FM Radio Elevates The Media Plan With Dramatic Lifts In Incremental Reach
    Publisher
    Nielsen + Westwood One
    Date
    2024
    Notes
    Across five Nielsen Media Impact case studies commissioned by Westwood One, AM/FM radio generated a +20% lift in incremental reach; in a separate retailer ROI study Nielsen reported +24% incremental reach to TV media plans.
  • AM/FM radio delivers stronger ROAS than commonly perceived, with AM/FM and streaming audio both top-tier in Nielsen MMM rankings.
    Source
    The Business Case for AM/FM Radio Advertising: Be Known Before You're Needed
    Publisher
    Westwood One Audio Active Group
    Date
    2025
    Notes
    Westwood One's aggregated audio ROI research finds $1 invested in audio generates ~$3.12 of profit within 1-13 weeks and ~$6.29 over a two-year period; Nielsen MMM analysis of 2,857 campaigns consistently ranks AM/FM radio as a top-tier ROI medium.
  • Streaming audio reaches 67%+ of US adults monthly; ad recall 35-45%.
    Source
    US Digital Audio Listeners and Penetration Forecasts
    Publisher
    eMarketer / Insider Intelligence
    Date
    2024
    Notes
    eMarketer forecast tracks monthly US digital-audio listener penetration; current figure exceeds 70% per topic-page summary at https://www.emarketer.com/topics/category/digital%20audio
  • Geofencing campaigns drive 10-30% measurable foot traffic lift in attributed visits.
    Source
    Foursquare Attribution — Omnichannel Store Visit Measurement
    Publisher
    Foursquare
    Date
    2023
    Notes
    Foursquare Attribution case studies report foot-traffic lifts from 2.5% (broad reach) to 23% (QSR mobile-app campaigns) to 30%+ (competitor-conquest targeting); methodology detailed at https://foursquare.com/resources/blog/ad-tech/location-foursquares-attribution-methodology-takes-your-media-dollars-further/
  • Geofencing campaigns drive measurable foot traffic and store-visit attribution.
  • Meta (Facebook + Instagram) brand-lift studies report 8-15% ad recall lift on awareness campaigns.
    Source
    About Brand Lift Tests — Meta Business Help Center
    Publisher
    Meta for Business
    Date
    2023-2024
    Notes
    Meta's Brand Lift Studies use randomized control trial methodology and report ad recall lift as the primary awareness-objective metric; methodology guide at https://www.facebook.com/business/m/brand-lift-questions-guide
  • YouTube is the world's second-most-visited website (Similarweb, 2025) and is widely cited as the second-largest search engine after Google.
    Source
    Search Engine Land — YouTube SEO
    Publisher
    Search Engine Land
    Date
    2025
    Notes
    YouTube draws tens of billions of monthly visits and processes billions of searches. The "second-largest search engine" framing is common in industry sources, though strict search-engine query-volume rankings vary. Secondary source: Similarweb global website rankings — https://proxidize.com/research/most-popular-websites/
  • Brands that stop advertising ("go dark") tend to lose sales and market share, and recovery costs more than the pause saved.
    Source
    Ehrenberg-Bass Institute — Scientific proof that going dark kills brands
    Publisher
    Ehrenberg-Bass Institute
    Date
    2023
    Notes
    Ehrenberg-Bass Institute research (Journal of Advertising Research; Hartnett et al. 2021, Phua et al. 2023) found ~16% average sales decline after a year without advertising, with market share down ~10% / 20% / 28% after one / two / three years; rebuilding brand memories requires greater investment than was cut. Secondary source: Journal of Advertising Research (2023) — https://www.tandfonline.com/doi/abs/10.2501/JAR-2023-009
  • Retargeting display delivers significantly higher CTR than cold prospecting (~0.7% vs ~0.07%) and 3-10x ROAS lift.
    Source
    How to Establish Marketing KPIs That Work for Your Business
    Publisher
    Criteo
    Date
    2023
    Notes
    Industry benchmarks consistently show retargeting CTR at ~10x the prospecting rate (0.7% vs 0.07%) and Meta retargeting ROAS at 5-8x vs 2-4x for prospecting.
  • New ad campaigns typically deliver 70-80% of benchmark ROAS during the first 3 months; peak performance lands months 4-9 as conversion data accumulates, retargeting pools mature, and search/social bidding stabilizes.
    Source
    State of Marketing Report 2024 + Google Ads optimization timelines
    Publisher
    HubSpot / WordStream / Meta Business
    Date
    2024
    Notes
    Multiple sources confirm: Google Ads requires a "learning period" of 7+ conversions per ad group before bidding stabilizes (Google Ads Help). Meta's machine-learning phase needs ~50 conversions in 7 days before audience optimization plateaus (Meta Business: https://www.facebook.com/business/help/433385333434831). WordStream benchmark studies show conversion-rate improvement of 25-40% from month 1 to month 6 as account history accumulates. HubSpot finds median time-to-peak-ROAS across paid channels is 4-9 months for accounts that maintain consistent budget and structure.
  • YouTube TrueView view rate ~31-32% cross-industry average; CPV $0.02-0.04 typical range.
    Source
    About YouTube ads and view metrics
    Publisher
    Google Ads Help / Think with Google
    Date
    2024
    Notes
    Q1 2026 data shows skippable in-stream cross-network CPV at $0.024, YouTube-only range $0.029-$0.039. Above 35% view rate is good, 45%+ is excellent.
  • Display advertising ad recall 5-15%; banner blindness limits awareness lift.
    Source
    IAB Research & Insights
    Publisher
    IAB (Interactive Advertising Bureau)
    Date
    2023
    Notes
    IAB/Dynamic Logic studies (originally 2001) plus subsequent eye-tracking research from Lumen and Nielsen consistently show display banners deliver lower attention and recall than other digital formats; 56% of display impressions per Google measurement data are never seen by a human.
  • 5-to-7 brand exposures typically required before a consumer takes action.
    Source
    "Why Three Exposures May Be Enough" — Krugman 1972
    Publisher
    Journal of Advertising Research (Taylor & Francis)
    Date
    1972 (foundational); extended by Schmidt & Eisend 2015 meta-analysis
    Notes
    Original Krugman paper at the Tandfonline link. The Schmidt & Eisend (2015) meta-analysis in Journal of Advertising — https://www.tandfonline.com/doi/abs/10.1080/00913367.2015.1018460 — finds attitude maxes around 10 exposures and recall increases linearly through 8 exposures, supporting the modern 5-7 (awareness) / 6-9 (conversion) ranges over the original 3-exposure rule.
  • ~70% of US adults use Facebook; ~30% engage daily.
    Source
    Social Media Fact Sheet
    Publisher
    Pew Research Center
    Date
    2024
  • Approximately 85% of US adults use Google for search-driven decisions.
    Source
    Search Engine Market Share (US)
    Publisher
    StatCounter Global Stats
    Date
    2024
  • 88% of US households have at least one streaming video service; pay-TV penetration now at 64%.
    Source
    Major Pay-TV Providers Lost ~5,000,000 Subscribers in 2023 (LRG Press Release)
    Publisher
    Leichtman Research Group
    Date
    2024
    Notes
    LRG's research tracks both pay-TV and streaming household penetration; additional reports at https://leichtmanresearch.com/research/
  • Share of U.S. adults who say they ever use each platform (2025): YouTube 84%, Facebook 71%, Instagram 50%, TikTok 37%, WhatsApp 32%, Reddit 26%, Snapchat 25%, X 21%, Threads 8%, Bluesky 4%, Truth Social 3%. Age drives the widest gaps: about eight-in-ten adults aged 18-29 use Instagram, against 19% of adults 65 and older, and roughly half of 18- to 29-year-olds go on TikTok at least once a day compared with 5% of adults 65 and older. Across all adults, about a quarter (24%) are daily TikTok users. U.S. teens aged 13-17 are a separate population with a different profile: roughly nine-in-ten use YouTube, about six-in-ten or more use TikTok and Instagram, 55% use Snapchat, 31% use Facebook, and 16% use X.
    Source
    Americans' Social Media Use 2025 · Social Media Fact Sheet · Teens, Social Media and AI Chatbots 2025
    Publisher
    Pew Research Center
    Date
    November–December 2025
    Notes
    SAMPLE AND FIELD DATES — ADULTS: a Pew Research Center survey of 5,022 U.S. adults fielded February 5 to June 18, 2025 (the National Public Opinion Reference Survey, conducted by SSRS using address-based sampling across web, mail and phone, weighted to the U.S. adult population). The daily-use figures come from a SEPARATE Pew survey of 5,123 U.S. adults fielded February 24 to March 2, 2025 on the American Trends Panel. THESE ARE U.S. ADULTS 18 AND OVER. TEENS ARE A DIFFERENT SURVEY: 1,458 U.S. teens aged 13 to 17, fielded September 25 to October 9, 2025 through the Ipsos KnowledgePanel, published separately at https://www.pewresearch.org/internet/2025/12/09/teens-social-media-and-ai-chatbots-2025/. The adult and teen numbers come from different samples in different field periods and must not be blended or compared directly. The platform-by-platform adult percentages are read from the Pew Social Media Fact Sheet data table, 6/18/2025 row (https://www.pewresearch.org/internet/fact-sheet/social-media/). WHAT WE DELIBERATELY DO NOT PUBLISH: Pew reports per-platform use by age in an interactive chart whose underlying values we could not extract as text, so we publish only the age figures Pew states in prose. There is no under-30 "ever use" figure here for TikTok or Snapchat, because we could not read one — we would rather leave a gap than estimate. Pew did not report Pinterest or LinkedIn in the 2025 row, so neither appears above. Pew also notes a survey-mode change in 2023 (phone to web/mail/phone), so pre-2023 comparisons are directional. SCOPE — NO FIGURE HERE SIZES A CHANNEL IN THE PLANNER: these are national platform-adoption percentages describing who is reachable on a platform across the United States. The calculator sizes every channel from its own market-resolved audience and the engine's sourced inputs; none of these percentages is an input to any allocation. NO CONFLICT OF INTEREST: Pew Research Center is a nonpartisan, nonadvocacy research organization funded by The Pew Charitable Trusts. It does not sell advertising and has no commercial interest in these platforms — which is why it replaced the unsourced vendor-style audience claims this site previously carried.
Section 7

Tax & accounting — advertising as a deductible investment

When we say "advertising is 100% deductible" or "brand equity becomes goodwill at sale," these are the underlying statutes and accounting standards.

  • Advertising is an "ordinary and necessary" business expense, fully deductible in the year incurred.
    Source
    Internal Revenue Code Section 162
    Publisher
    US Code via Cornell LII
    Date
    Current
    Notes
    At a typical 20–30% combined effective tax rate, the effective after-tax cost is roughly 70–80% of the amount spent.
  • IRS guidance confirming advertising as a deductible business expense.
    Source
    IRS Publication 535 — Business Expenses (and successors Pub 334 / Pub 463)
    Publisher
    Internal Revenue Service
    Date
    Final Pub 535 published 2022; current guidance in Pub 334 (sole proprietors) and Pub 463 (business expenses)
    Notes
    Pub 535 was retired after the 2022 tax year. Equivalent advertising-deduction guidance is now in IRS Publication 334 (chapter on business expenses) and Publication 463. The underlying statute — IRC §162 — has not changed.
  • Acquired goodwill and intangible assets are amortized over 15 years as Section 197 intangibles.
    Source
    Internal Revenue Code Section 197
    Publisher
    US Code via Cornell LII
    Date
    Current
  • Advertising costs are expensed as incurred under generally accepted accounting principles.
    Source
    FASB ASC 720-35 — Advertising Costs
    Publisher
    Financial Accounting Standards Board
    Date
    Current
  • Vehicles depreciate over 5 years; office furniture / equipment over 7 years.
    Source
    MACRS Depreciation Schedules (IRC Section 168)
    Publisher
    Internal Revenue Service
    Date
    Current
Section 8

Industry advertising-spend benchmarks

The roughly 6-10% of revenue that most businesses spend on marketing, and the industry-specific rates in Step 1 of the calculator, come from these benchmarks.

  • Most businesses budget roughly 6-10% of revenue for marketing. The CMO Survey puts the average at 9.4% of revenue: 6.0% for B2C services, 6.4% for B2B products, 9.0% for B2B services and 15.5% for B2C products. Gartner's 2025 CMO Spend Survey puts it at 7.7%.
    Source
    The CMO Survey, Highlights & Insights Report, Spring 2025 (slides 21-22: marketing spending as a percent of company revenues)
    Publisher
    Duke Fuqua School of Business / Deloitte / American Marketing Association
    Date
    March 2025
    Notes
    Fielded January 21 to February 12, 2025; 281 marketing leaders at US for-profit companies. Marketing spend as a share of company revenue: overall 9.4% (11.4% of the total company budget); B2B product 6.4%; B2B services 9.0%; B2C product 15.5%; B2C services 6.0%. Cross-check: the Gartner 2025 CMO Spend Survey (402 CMOs, most at companies with more than $1 billion in revenue) puts marketing at 7.7% of company revenue; see the paid-media-share citation below. Both surveys lean toward larger companies, and no government agency publishes a percentage. CORRECTION (October 2026): this benchmark was previously credited to the US Small Business Administration as a rule of "7-8% of revenue for B2C, 2-5% for B2B and 12-20% for new or fast-growing businesses." The SBA's marketing guide (https://www.sba.gov/business-guide/manage-your-business/marketing-sales) gives no percentage; it advises comparing marketing and sales costs to the revenue they generate. We removed the attribution and replaced the figures with the two surveys above. The higher spend for launching and fast-growing businesses comes from the stage and growth multipliers, which are cited separately.
  • CMO survey data on marketing spend as a percentage of revenue, by industry.
    Source
    Gartner Annual CMO Spend Survey
    Publisher
    Gartner Research
    Date
    2023-2024
  • Industry-specific advertising-to-revenue ratios (legal, healthcare, restaurants, home services, etc.).
    Source
    Deloitte CMO Survey
    Publisher
    Deloitte / Duke Fuqua / AMA
    Date
    2023-2024
  • Lifetime customer value vs customer acquisition cost benchmarks across local-service categories.
    Source
    HubSpot State of Marketing Report
    Publisher
    HubSpot
    Date
    2024
  • Industry-specific advertising spend as a percentage of revenue (used directly in Step 1 of the Budget Size Advisor):
    Source
    Composite of The CMO Survey (Duke Fuqua / Deloitte / AMA) + Gartner CMO Spend Survey + industry trade reports
    Publisher
    The CMO Survey / Gartner / Statista
    Date
    2023-2024
    Notes
    Home services / contractors 10% · Real estate brokerage / office 10% · Retail / e-commerce 9% · B2C services (local) 8% · Tourism / events 8% · Addiction recovery / behavioral 7% · Other business 7% · Legal / professional services 6% · Healthcare / clinics 5% · Financial / insurance 5% · B2B services 5% · Nonprofit 5% · Restaurants / bars / hospitality 4% · Real estate — agent / team 4% · Manufacturing / industrial 3% · Auto dealers 2% · SaaS / tech 15%. Real estate is split in two: an individual agent or team is rated at 4% because their "revenue" is gross commission income, most of which goes to broker splits, tax and expenses, while a brokerage or office keeps its commissions and can sustain the textbook 10%. Retail / e-commerce is rated at 9% as a mid-range across retail sizes — see the retail-baseline citation below for the full CMO Survey spread (enterprise retail ~5-6%, mid-market omnichannel ~9-12%, small DTC e-commerce 15-20%+). Some of these options were renamed in October 2026 to show the businesses folded into them (for example, medical clinics now names chiropractic, physical therapy and eye care; home services names remodeling and emergency repair); their rates did not change. The 24 industries added in October 2026 each have their own entry in the next section. These percentages are the industry baseline only; the stage multiplier and the growth-goal multiplier adjust from there. IMPORTANT: these percentages are a MARKETING budget (they cover website, SEO, content, tools and staff as well as ads). Only a portion of a marketing budget buys paid media — see the paid-media-share citation below, which is the fraction the calculator applies before it plans your channels.
  • SaaS / software: the calculator rates SaaS at 15% of revenue. The largest current survey of private B2B SaaS companies puts the median at 8% of annual recurring revenue spent on marketing.
    Source
    Spending Benchmarks for Private B2B SaaS Companies (15th annual survey, fielded March 2026)
    Publisher
    SaaS Capital
    Date
    June 2026
    Notes
    SaaS Capital: "The median percent of annual recurring revenue spent on marketing is 8%, unchanged from the previous year." More than 1,000 SaaS companies responded. Equity-backed companies spend about twice as much on marketing as bootstrapped ones, and faster-growing companies spend more. UNDER REVIEW (October 2026): the calculator's 15% sits above this median. It was previously framed by an SBA growth range that the SBA does not publish, so the rate is being re-checked against this survey.
Section 9

Industry marketing budgets: the 24 industries added in October 2026

Each industry added to the calculator in October 2026 has its marketing-budget rate here, with the study it comes from. Where no direct study exists, the entry says so and names the stand-in it uses, so a proxy is never presented as a measurement.

  • Dental practices: marketing budget of 1-2% of collections (calculator uses 1.5%, the midpoint).
    Source
    How does your overhead compare to national averages?
    Publisher
    Dental Economics (Allen M. Schiff, CPA, president of the Academy of Dental CPAs)
    Date
    April 2021
    Notes
    A CPA budgeting guideline, not a survey average. Search benchmark: Dentists & Dental Services, median CPC $7.85, CPL $83.93 (WordStream 2025). 66.7% of adults had a dental visit in the past year (CDC NHIS 2025 Early Release). Calculator rate: 1.5% of revenue.
  • Veterinary clinics: outside marketing services run 0.5-1.0% of gross revenue in mature practices (calculator uses 0.75%, the midpoint).
    Source
    Are you spending your marketing budget wisely? (AAHA Financial & Productivity Pulsepoints 10th ed. and WTA 2019 Well-Managed Practice Benchmarks)
    Publisher
    dvm360 (Karen Felsted)
    Date
    November 2021
    Notes
    Search proxy: Animals & Pets, median CPC $3.97, CPL $31.82 (WordStream 2025). 74.2% of dog owners and 57.3% of cat owners visited a vet in 2024 (AVMA). Calculator rate: 0.75% of revenue.
  • Med spas: about 7% of revenue on marketing on average (range 2-15%).
    Source
    Industry experts weigh in: how much should I spend on med spa marketing? (citing the AmSpa 2024 Medical Spa State of the Industry Report)
    Publisher
    American Med Spa Association
    Date
    May 2025
    Notes
    Secondhand citation of the paywalled AmSpa report. 89% of med spa patients are women and 73% are repeat patients (AmSpa 2024 recap). Calculator rate: 7.0% of revenue.
  • Senior living: marketing averages 4.86% of the operating budget (single-site 4.22%, multi-site 6.3%).
    Source
    Ziegler CFO Hotline survey (n=195), reported in "Non-profit operators set higher marketing budgets as shift to digital takes hold"
    Publisher
    Senior Housing News
    Date
    June 2022
    Notes
    Proxy: operating budget rather than revenue, nonprofit operators only. 89% of adult children helped their parent decide on the move (ASHA, Senior Living for the Next Generation). Calculator rate: 4.9% of revenue.
  • Personal injury law: no practice-area marketing-%-of-revenue source was found; the calculator uses the general law-firm baseline (6%) as a labeled proxy.
    Source
    Legal Search Advertising Benchmarks (Accidents & Personal Injury Law: median CPC $9.30, CPL $159.17)
    Publisher
    LocaliQ
    Date
    2023 (Apr 2022 - Mar 2023 data)
    Notes
    Proxy rate. Personal injury has the highest cost per lead of any legal practice area. NHTSA estimates 2,442,581 people were injured in police-reported crashes in 2023. Calculator rate: 6.0% of revenue.
  • Criminal defense law: no practice-area marketing-%-of-revenue source was found; the calculator uses the general law-firm baseline (6%) as a labeled proxy.
    Source
    Legal Search Advertising Benchmarks (Criminal Law: median CPC $12.30, the highest legal subcategory; CPL $101.49)
    Publisher
    LocaliQ
    Date
    2023 (Apr 2022 - Mar 2023 data)
    Notes
    Proxy rate. Calculator rate: 6.0% of revenue.
  • Estate planning law: no practice-area marketing-%-of-revenue source was found; the calculator uses the general law-firm baseline (6%) as a labeled proxy.
    Source
    Legal Search Advertising Benchmarks (Estate & Probate Law: median CPC $7.92, CPL $72.24, the lowest legal CPL)
    Publisher
    LocaliQ
    Date
    2023 (Apr 2022 - Mar 2023 data)
    Notes
    Proxy rate. Will ownership rises with age: 76% of adults 65+ vs 20% of 18-29 (Gallup, 2021). Calculator rate: 6.0% of revenue.
  • Accounting firms: marketing runs about 1% of revenue (2.1% for high-growth firms); the calculator uses 1.5%.
    Source
    2025-26 AAM Marketing Budget Benchmark Study
    Publisher
    Association for Accounting Marketing / Hinge Research Institute
    Date
    2025
    Notes
    Sample skews to larger firms (87 firms, about 66,000 employees). 53% of individual returns are e-filed by tax professionals (IRS 2025 filing season, derived). Calculator rate: 1.5% of revenue.
  • Insurance agencies: no marketing-%-of-revenue source was found (agencies report dollars: an average budget of $20,600 in 2026); the calculator keeps the financial-services baseline (5%) as a labeled proxy.
    Source
    2026 Agency Universe Study
    Publisher
    Independent Insurance Agents & Brokers of America (Big "I") / Future One
    Date
    September 2026
    Notes
    Proxy rate. 57% of auto-insurance customers shopped for a new policy in the past year, the highest in the study's 19 years (J.D. Power 2025 U.S. Insurance Shopping Study). Medicare Annual Enrollment runs October 15 - December 7 (Medicare.gov), and Medicare Advantage plans may begin marketing the next plan year on October 1 (42 CFR 422.2263). Calculator rate: 5.0% of revenue.
  • Mortgage lenders: no marketing-%-of-revenue source was found; the calculator keeps the financial-services baseline (5%) as a labeled proxy.
    Source
    National Survey of Mortgage Originations, weighted tabulations
    Publisher
    FHFA / CFPB
    Date
    2024 data
    Notes
    Proxy rate. 44% of purchase borrowers seriously considered only one lender and 67% applied to only one; 61% said an agent or builder recommendation mattered. Calculator rate: 5.0% of revenue.
  • Financial advisors: the typical practice spends 7% of revenue on marketing, of which 2.2% is cash (the rest is advisor time); the calculator uses the 2.2% cash figure.
    Source
    How Financial Planners Actually Market Their Services (n=506)
    Publisher
    Kitces Research
    Date
    2026
    Notes
    Growing practices spend 8.1% (2.6% cash). Median client acquisition cost $2,551. 88% of advisors market through client referrals; 82% got no new clients from social media in the past 12 months; marketing cost per $1 of new revenue: directories $0.28, referrals $0.34, SEO $0.45, social media $4.88. Calculator rate: 2.2% of revenue.
  • Banks: about 1.5% of revenue on marketing (derived: 2.5% of noninterest expense for $1-10B banks x a 60.28% industry efficiency ratio).
    Source
    Bank marketing spend from FDIC call reports (year-end 2025)
    Publisher
    Capital Performance Group / The Financial Brand
    Date
    April 2026
    Notes
    Derived. Efficiency ratio 60.28% in Q3 2025 (FDIC Quarterly Banking Profile, via BerryDunn). Credit unions spend a median 0.047-0.118% of assets on marketing (NCUA data). Calculator rate: 1.5% of revenue.
  • Auto repair shops: the median shop puts 5-6% of annual sales into marketing (calculator uses 5.5%).
    Source
    2026 Industry Survey
    Publisher
    Ratchet+Wrench
    Date
    2026
    Notes
    Search: Automotive - Repair, Service & Parts, median CPC $3.90, CVR 14.67%, CPL $28.50 (WordStream 2025). Average vehicle age is a record 12.9 years (Auto Care Association, 2026). 23% of shops use no marketing at all (same Ratchet+Wrench survey). Calculator rate: 5.5% of revenue.
  • RV, boat and powersports dealers: no marketing-%-of-revenue source was found (RV dealers report advertising as 3.9% of gross margin); the calculator keeps the auto-dealer baseline (2%) as a labeled proxy.
    Source
    RVDA / Spader dealer benchmarks
    Publisher
    RV News
    Date
    June 2022
    Notes
    Proxy rate. Median RV owner age is 49 (Go RVing 2025); recent boat buyers average about 36 (NMMA 2026). 537,459 vehicles entered the 2025 Sturgis Rally (SD DOT). Calculator rate: 2.0% of revenue.
  • Home builders: marketing costs are 0.8% of the average new-home sales price (sales commissions are a separate 2.8%).
    Source
    Cost of Constructing a Home in 2024
    Publisher
    NAHB Eye on Housing
    Date
    January 2025
    Notes
    Median new-home buyer is 45 with a $112,100 household income (NAHB, AHS 2021). New homes were about 14.3% of 2025 purchases (derived). Calculator rate: 0.8% of revenue.
  • Gyms: Planet Fitness franchisees must spend 7% of monthly dues on local advertising (plus 2% to a national fund); the calculator uses the 7% local figure.
    Source
    Planet Fitness, Inc. Form 10-K for fiscal 2023
    Publisher
    SEC EDGAR
    Date
    2024
    Notes
    Share of dues, not total revenue; Life Time (premium chain) spends about 1.3%. 26.1% of Americans 6+ were fitness-facility members in 2025, and adults 18-24 had the highest membership rate, 35.5% (Health & Fitness Association 2026 U.S. Health & Fitness Consumer Report). Calculator rate: 7.0% of revenue.
  • Schools, colleges and childcare: no marketing-%-of-revenue source was found for private K-12 or colleges; the calculator uses The CMO Survey 2025 B2C Services rate (6.0%) as a labeled proxy.
    Source
    The CMO Survey, Highlights & Insights Report, Spring 2025
    Publisher
    Duke Fuqua / Deloitte / AMA
    Date
    2025
    Notes
    Proxy rate. Colleges spend $429-623 per enrolled student a year on marketing (SimpsonScarborough via Hechinger Report, 2021); KinderCare spends about 0.9% of revenue on advertising (SEC filings). Calculator rate: 6.0% of revenue.
  • Trade and career schools spend about 9-10.5% of revenue on advertising (calculator uses 9.9%).
    Source
    Universal Technical Institute and Lincoln Educational Services, SEC XBRL filings (AdvertisingExpense / Revenue)
    Publisher
    SEC EDGAR
    Date
    FY2025
    Notes
    UTI FY2025: $87.5M / $835.6M = 10.5%. Lincoln Tech 2025: $48.3M / $518.2M = 9.3%. Calculator rate: 9.9% of revenue.
  • Pet services: Petco spends about 2.6% of revenue on advertising (a large-chain floor; no independent-groomer source was found).
    Source
    Petco Health and Wellness, SEC XBRL filings (AdvertisingExpense / Revenue)
    Publisher
    SEC EDGAR
    Date
    FY2025
    Notes
    $157.8M / $5,961.5M. Search: Animals & Pets, median CPC $3.97, CPL $31.82, the lowest in the consumer group (WordStream 2025). 95 million US households own a pet (APPA 2025 National Pet Owners Survey), about 70.5% of the 134.79 million US households (Census CPS 2025). Calculator rate: 2.6% of revenue.
  • Funeral homes: no marketing-%-of-revenue source was found; the calculator uses The CMO Survey 2025 B2C Services rate (6.0%) as a labeled proxy.
    Source
    The CMO Survey, Highlights & Insights Report, Spring 2025
    Publisher
    Duke Fuqua / Deloitte / AMA
    Date
    2025
    Notes
    Proxy rate. 82.4% of consumers are more likely to choose a firm that posts its price list online; 33.2% said online reviews sealed their choice (NFDA 2026 Consumer Awareness & Preferences Study). The US cremation rate is projected at 63.4% for 2025 (NFDA 2025 Cremation & Burial Report). Calculator rate: 6.0% of revenue.
  • Churches spend about 1.5% of their total budget on communications, including advertising.
    Source
    2019 Church Budget Priorities Study
    Publisher
    Church Law & Tax
    Date
    2019
    Notes
    Budget rather than revenue. 33% of US adults attend services at least monthly (Pew Religious Landscape Study 2023-24). 49% of adults have looked for a new congregation at some point, moving is the most common reason, and among those who looked, 59% of adults under 30 searched online versus 12% of those 65+ (Pew Research Center, Choosing a New Church or House of Worship, 2016: https://www.pewresearch.org/religion/2016/08/23/1-the-search-for-a-new-congregation/). Calculator rate: 1.5% of revenue.
  • Wedding and event venues: no marketing-%-of-revenue source was found; the calculator uses The CMO Survey 2025 B2C Services rate (6.0%) as a labeled proxy.
    Source
    The CMO Survey, Highlights & Insights Report, Spring 2025
    Publisher
    Duke Fuqua / Deloitte / AMA
    Date
    2025
    Notes
    Proxy rate. The average 2025 wedding cost $34,200, with the venue averaging $12,900 (The Knot 2026 Real Weddings Study). Calculator rate: 6.0% of revenue.
  • Self-storage: national operators spend about 1.5-2.3% of revenue on marketing (calculator uses 1.9%).
    Source
    Public Storage Q4 2024 earnings release and Extra Space Storage SEC XBRL filings
    Publisher
    SEC EDGAR
    Date
    2024-2025
    Notes
    Public Storage same-store marketing 2.31% of revenue (2024); Extra Space advertising 1.55-1.66%. About 67% of Public Storage's 2024 new customers came through Google search (10-K). Calculator rate: 1.9% of revenue.
  • Casinos: paid advertising alone runs about 0.6% of revenue for a large regional operator (comps and promotional play are separate and are netted out of revenue).
    Source
    Boyd Gaming Corp. 2023 SEC XBRL filings (AdvertisingExpense / Revenue)
    Publisher
    SEC EDGAR
    Date
    2023
    Notes
    $22.4M / $3,738.5M. Advertising only, so it understates all-in marketing. 53% of adults visited a casino in the past year (AGA American Attitudes Toward Gaming 2025). The AGA Responsible Marketing Code places ads only where at least 73.6% of the audience is reasonably expected to be 21 or older (https://www.americangaming.org/wp-content/uploads/2025/03/AGA-Responsible-SB-Marketing-Code.pdf). Calculator rate: 0.6% of revenue.
Section 10

Budget Size Advisor — stage and growth multipliers

The Step 1 calculator applies a stage multiplier and a growth-goal multiplier on top of the industry baseline. The multipliers are not pulled out of thin air — each one comes from established growth-stage theory and marketing-funnel research.

  • Launching businesses typically need 1.5-2x the industry baseline to build initial awareness; growth-stage 1.2-1.4x; established 1.0x; mature 0.6-0.8x.
    Source
    Making the Business Case for Your Marketing Budget
    Publisher
    Harvard Business Review
    Date
    2018-2024
    Notes
    Calculator uses: Launching 1.7x, Growing 1.3x, Established 1.0x, Mature 0.7x. Anchored on HBR research and McKinsey marketing-effectiveness studies; HBR's analysis of 4,700 companies across recessions also found companies maintaining or increasing marketing spend grew up to 17% faster post-downturn.
  • Aggressive growth targets typically require 1.3-1.5x the maintenance budget; major expansion 1.6-2x.
    Source
    The Multiplier Effect: How B2B Winners Grow
    Publisher
    McKinsey & Company
    Date
    2023
    Notes
    Calculator uses: Maintain 0.8x, Steady 1.0x, Aggressive 1.4x, Major expand 1.8x. McKinsey finds B2B winners pursuing 5 simultaneous growth strategies (advanced sales tech, hybrid sales, hyperpersonalization, marketplaces, e-commerce excellence) are 2x more likely to capture 10%+ market share growth — and that level of acquisition requires above-baseline marketing investment.
  • Goal-mode (target-revenue) campaigns require ~1.25x the baseline maintenance spend because acquiring new revenue costs more than retaining existing.
    Source
    The Value of Keeping the Right Customers
    Publisher
    Harvard Business Review (Reichheld / Bain & Company)
    Date
    2014 (foundational); reaffirmed 2020-2024
    Notes
    Reichheld's Bain research finds acquiring a new customer is 5-25x more expensive than retaining one, and a 5% retention improvement increases profits by 25-95%. The 1.25x boost in goal-mode reflects the additional acquisition investment required to grow into a target revenue number rather than maintain current.
  • CMO Survey industry-rate data: marketing budget as % of revenue, by sector. (General citation linked from every industry baseline in Step 1.)
    Source
    The CMO Survey (biannual cross-industry data)
    Publisher
    Duke Fuqua School of Business / Deloitte / AMA
    Date
    2024 H2
    Notes
    Publishes cross-industry data on marketing spend as a share of revenue. The Spring 2025 report (slides 21-22, https://cmosurvey.org/wp-content/uploads/2025/03/The_CMO_Survey-Highlights_and_Insights_Report-2025.pdf) puts it at 9.4% overall: B2B product 6.4%, B2B services 9.0%, B2C product 15.5%, B2C services 6.0%. The survey reports sectors, not individual local-business categories, so the calculator sets a working rate per industry from these sector figures and, where one exists, an industry-specific study (each added industry links to its own). Stage and growth multipliers adjust from there.
  • Retail and e-commerce baseline of 9% of revenue spent on advertising. Anchor for the calculator's "Retail / e-commerce" industry preset.
    Source
    The CMO Survey — Marketing Spending by Industry Sector (B2C product 11.7% / B2C services 12.4% / large retail anchors 5-6% / DTC e-com 15-20%)
    Publisher
    Duke Fuqua School of Business / Deloitte / AMA
    Date
    2024 H2
    Notes
    CMO Survey reports a wide retail/e-commerce range across business size and channel mix: enterprise retail anchors around 5-6% of revenue, mid-market omnichannel retail around 9-12%, and small DTC e-commerce brands often run 15-20%+ of revenue on paid acquisition. The calculator uses 9% as a mid-range default; the stage and growth-goal multipliers adjust from there.
  • Effective-frequency theory: most consumers need 5-7 brand exposures before they take action.
    Source
    The 5 Key Learnings From The Attention Stage (Lumen Research)
    Publisher
    Lumen Research (with original Krugman 1972 foundation)
    Date
    1972-present (2025 attention update)
    Notes
    Lumen's eye-tracking research finds an ad seen once delivers ~9% spontaneous recall; five exposures raises recall to 56%. Original Krugman 1972 paper at https://www.tandfonline.com/doi/abs/10.1080/00218499.1972.12519370 and Schmidt & Eisend 2015 meta-analysis at https://www.tandfonline.com/doi/abs/10.1080/00913367.2015.1018460 extend the 3-exposure threshold into the modern 5-7 (awareness) / 6-9 (conversion) range.
Section 11

Local market data — Rapid City & the Black Hills

Audience figures and station details for the Rapid City DMA and the four Black Hills stations referenced on this site.

  • Rapid City DMA market size, demographic composition, and household totals.
  • KICK 104 (KIQK-FM), 95.1 KSKY (KSQY-FM), HITS 102.7 (KXMZ-FM), and ESPN Rapid City (KTOQ AM/FM) station-level reach, coverage, and audience composition.
  • Weekly reach, AQH, and percent-of-population figures for the four Haugo Broadcasting stations serving the Rapid City market — KICK 104: 28,916 weekly cume, 642 AQH, ~37% of 25+ adults · 95.1 KSKY: 19,659 weekly cume, 577 AQH, ~25% · HITS 102.7: 11,766 weekly cume, 168 AQH, ~15% · ESPN Rapid City: 3,129 weekly cume, 77 AQH, ~4%; combined, the four stations reach roughly 80% of Pennington County 25+ adults — from Eastlan Ratings market analysis, A25+, Mon–Sun 6a–Midnight, Pennington County (population 78,200, sample 163).
    Source
    Eastlan Ratings radio schedule / reach analysis, via Analysis-One
    Publisher
    Eastlan Ratings
    Date
    June 2024 data
    Notes
    Eastlan is an independent ratings firm measuring markets Nielsen does not survey. The analysis was commissioned by Haugo Broadcasting, whose stations it measures. Sample 163 in a population of 78,200 — market-level estimates, not a delivery guarantee for any individual schedule. No figure here sizes any channel in the planner.
  • Audience composition for the four stations — KICK 104 54% women / 46% men · HITS 102.7 63% women / 37% men · ESPN Rapid City 85% men / 15% women · 95.1 KSKY 66% men / 34% women — plus format and coverage descriptions.
    Source
    Haugo Broadcasting station summary
    Publisher
    Haugo Broadcasting (first-party)
    Date
    August 2025
    Notes
    First-party station data, published as such. Format-level audience skew, not a guarantee for any daypart or individual schedule. No figure here sizes any channel in the planner.
  • Mount Rushmore National Memorial draws roughly 2.4–3 million recreation visits a year and Badlands National Park about 1 million (National Park Service); combined with Custer State Park, regional attraction visitation exceeds four million.
    Source
    National Park Service — Visitor Use Statistics
    Publisher
    National Park Service
    Date
    2024
    Notes
    South Dakota hosts roughly 14 million visitors annually, with the Black Hills the state's primary draw. NPS recreation-visit statistics are published via the NPS Visitor Use Statistics portal. Secondary source: South Dakota tourism visitation (Reader's Digest, 2024) — https://www.rd.com/article/mount-rushmore-road-trip/
Section 12

Methodology notes

How the calculator computes recommended budget, effective frequency, and channel-mix allocation.

  • Effective frequency target of 3+ exposures for awareness, 4-6+ for conversion-stage campaigns.
    Source
    Advertising Repetition: A Meta-Analysis on Effective Frequency in Advertising (Schmidt & Eisend, 2015)
    Publisher
    Journal of Advertising (Taylor & Francis)
    Date
    2015 meta-analysis (extending Krugman 1972)
    Notes
    Meta-analysis finds attitude peaks around ten exposures and recall increases linearly through eight exposures, supporting the repetitionist school over the minimalist school. Original Krugman 1972 paper: https://www.tandfonline.com/doi/abs/10.1080/00218499.1972.12519370
  • Frequency sweet-spot and saturation thresholds by campaign goal — Leads 4× min / 6-10× sweet / 12-20× heavy / 20×+ saturation; Foot traffic 5× / 7-12× / 15-25× / 25×+; Awareness 3× / 5-10× / 15-25× / 30×+; Recruit 3× / 5-8× / 10-15× / 15×+. Past saturation, additional impressions produce diminishing returns and risk ad fatigue.
    Source
    Schmidt & Eisend (2015) meta-analysis of advertising-repetition studies; Tellis "Effective Frequency" (Journal of Advertising Research) and the IAB Programmatic Standards on effective reach & frequency
    Publisher
    Journal of Advertising (Taylor & Francis), Journal of Advertising Research (ARF/JAR), Interactive Advertising Bureau (IAB)
    Date
    1997 (Tellis); 2015 (Schmidt & Eisend); IAB current
    Notes
    Schmidt & Eisend (2015) is the modern definitive meta-analysis (https://www.tandfonline.com/doi/abs/10.1080/00913367.2015.1018460) showing attitude peaks around 10 exposures and recall plateaus past ~8. Gerard J. Tellis "Effective Frequency: One Exposure or Three Factors?" Journal of Advertising Research (https://www.journalofadvertisingresearch.com/content/37/4/75) establishes the diminishing-returns curve and saturation point. IAB Programmatic Standards on reach and frequency: https://www.iab.com/topics/programmatic-advertising/. Foot-traffic and B2B-recruit upper bounds are anchored on Foursquare attribution studies (https://foursquare.com/business/) and LinkedIn Marketing Solutions audience reach benchmarks (https://business.linkedin.com/marketing-solutions/insights/reach).
  • Channel CPMs and minimums on the calculator anchored on real digital rate-card data (Haugo Digital rate card) and current market averages.
    Source
    Haugo Digital programmatic rate card
    Publisher
    Haugo Broadcasting Digital
    Date
    Current
  • Targeted email deployment carries vendor-guaranteed performance minimums of a 15% open rate and 1.7% click-through rate (floors — actual performance meets or exceeds), at a $25 CPM with a 40,000-email ($1,000) minimum send. At the guaranteed floor, cost per click is at most $1.47 ($25 ÷ 1,000 emails ÷ 1.7%).
    Source
    Marketron Broadcast Solutions spec sheet + Haugo Broadcasting first-party data
    Publisher
    Marketron Broadcast Solutions
    Date
    2026
    Notes
    Haugo Broadcasting is an authorized Marketron reseller; vendor materials on file (same first-party standing as the Haugo Broadcasting rate-card citations). The audience is rented, double-opt-in third-party data — people who researched the service category within the last 24-48 hours — not a list the advertiser owns. Guarantee figures are the vendor's stated minimums, not an agency performance promise.
  • Audience-size estimates per region (Local ~75K, Area ~300K, Region ~1.5M, State ~5M) are working approximations derived from Census-block-level US adult population in the Rapid City DMA and surrounding DMAs, scaled to the geographic radius of each tier.
    Source
    US Census ACS 5-Year Estimates
    Publisher
    US Census Bureau
    Date
    2022 5-year ACS
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