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Podcast: Social Media Budget

In short

  • A social media budget should combine investment and strategy to avoid overspending or falling short.
  • For example, a medium-sized company can allocate €3,000 per month among content, advertising, actors and management.
  • Variable costs include influencers, events, offline activities, giveaways and co-branding, depending on the needs of each plan.

How to create a social media budget (with practical examples). Talking about a social media budget means talking about numbers… but also strategy. If you don’t know how much to invest, you either end up overspending on campaigns that don’t work or falling short with content that reaches no one.

How to allocate your social media strategy budget

Distribution example (for a medium-sized company with €3,000 in fixed monthly costs):

And variable costs:

  • Influencers→ €500-€2,000
  • Events / offline activities→ €200-€500
  • Giveaways, co-branding→ €100-€300

A good social media budget isn’t big or small—it’s strategic. And if you don’t know where to start, HICARI has calculators and tools to help you understand what works and what doesn’t, such as this Instagram engagement calculator.

By the way, you may also be interested in this:

This podcast is produced by HICARI, the UGC platform that connects content creators with brands. A space where companies can request authentic and creative video content for their organic channels (social media, website…) and paid campaigns.

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Our marketing podcast “TODO ES CONTENIDO” is now available on the main channels. Discover more on the official page 👉 TODO ES CONTENIDO Podcast .

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About the author

Miguel Palau

CMO / Cofounder HICARI

Writes about UGC, social media content and Paid Media, drawing on the projects we run every day at HICARI.

Frequently asked questions

How is the fixed social media budget allocated?

In the example, a medium-sized company allocates €400 to UGC content creation, €200 to paid advertising, €500 to actors and €2,000 to social media management.

What variable costs may appear in the budget?

They may include influencers, costing €500-€2,000, events or offline activities, costing €200-€500, and giveaways or co-branding, costing €100-€300.

What tools does HICARI offer for planning investment?

HICARI offers calculators and tools to understand what works and what doesn’t, such as the Instagram engagement calculator.

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