As businesses look to invest in ad automation tools, one huge question comes to mind: how much does Smartly cost? Smartly is one of the largest and most significant advertising automation platforms for social media marketing. The platform helps brands build, manage, and optimize their advertising campaigns across such networks as Facebook, Instagram, Snapchat, and Pinterest.
It will explore the pricing model of Smartly.io, factors affecting its cost, and whether it is worth the investment to businesses looking to scale social media advertising efforts.
What is Smartly.io?
Let’s understand the platform of Smartly.io before arriving at pricing. Smartly.io is a SaaS company that gives brands and agencies automation for their social media advertising, all meant for a streamlined process of advertising to enable an optimization of performance with scale across platforms.
Among its main features are:
Creative Automation: It automates ad creation so that brands can scale their creative output without adding costs or time.
Campaign Optimisation: Algorithm which uses machine learning to run in real time for optimisation of advertisements in order to achieve maximum performance and also highest ROAS.
Cross-Platform Management: Manages ads on various social media channels such as Facebook, Instagram, Snapchat, Pinterest and many more.
Data Integration: It integrates with several data sources that let users track performance and report and analytics.
How Expensive is Smartly.io?
Smartly.io doesn’t have a public pricing model; one size fits all. The cost of usage with Smartly.io is determined accurately by multiple factors, and its prices are always varied and dependant upon the specific needs and objective of the business. Here is a general overview of the factors that influence the pricing:
Ad Spend Volume
Another significant factor that drives up the cost of Smartly.io is the volume of your ad spends. Most SaaS applications, like Smartly.io, charge by a percentage on top of a sum of your total ad spends. What this means is that the higher your ad investments, the more you will pay for your subscription. This automatically makes those running relatively smaller campaigns to have less, whereas extensive campaigns by big enterprises attract high charges.
For example, if your company requires advertisements monthly to the tune of around $50,000, Smartly.io might charge the business a percentage of that amount as its service fee. This does usually depend on negotiation of contract and agreement with Smartly.io, but it usually ranges between 5% and 15% of ad spend.
Features and Customization
Smartly.io offers a variety of features, and the level of customization you require will also influence the pricing. For example, if you need advanced features like dynamic creative optimization, extensive data integration, or custom API access, the cost of the platform may increase.
Businesses that only need basic campaign management and automation features may pay less, while companies requiring more complex solutions or advanced analytics will likely have higher costs.
Number of Platforms
The higher the number of social media channels you operate with Smartly.io, the pricier it will be. Conversely, the cost might be lower if you are running adverts only on Facebook and Instagram instead of multiple social media campaigns on Pinterest, Snapchat, and TikTok. The more platforms integrated translate to more complicated management and optimization processes, impacting the final price.
Support and Account Management
Smartly.io provides varied levels of customer support, and which support tier you want to choose may directly influence your price. A business that needs a dedicated account manager or premium support might incur greater fees compared to companies that just require basic support options.
For big companies, actually having a dedicated account manager and premium support is very important in order to realize every possible benefit coming from using the platform, although at an additional fee.
Contract Term and Commitment
The other factor here is the contract length and commitment towards Smartly.io. Some businesses are offered discounts for signing annual or multi-year contracts instead of paying month-to-month.
A longer contract term is generally viewed as more favorable in the pricing realm but would require a commitment for a longer period. If you are unsure about your long-term needs, review balancing the pros of committing to more of a long-term contract against the possible cons.
Is Smartly.io Worth the Cost?
Having discussed what factors influence the cost of Smartly.io, we should now consider whether it is a good value for your company. Here are a couple of things to keep in mind when making that determination:
Scalability
Smartly.io is an app for business scaling, helping businesses scale social media advertising. You have a growing business with increased ad spend. Smartly.io saves your time and hustle while optimizing campaigns for better performance. The platform has the potential to drive large volumes of ads across multi-channels, which is helping more companies grow their social media presence.
Automation and Efficiency
Another significant advantage of Smartly.io is the automation features. For companies dealing with many campaigns across various platforms, the ability to automate ad creation, testing, and optimization saves a lot of time and resources. The much higher cost of the platform may be rewarded through the long-term gain from the efficiency it generates.
ROI and Performance
It then ensures that your campaigns go up to their maximum ROAS. If it can help you outperform, the cost of the platform will then be justified. Companies that depend more on data as a basis for decisions and the performance optimization can try and justify the spend by Smartly.io with the improvement in ad performance.
Customization for Large Enterprises
Customization and more advanced features make it very flexible for use by large enterprises that need complex solutions. If your business needs data integration detail, dynamic ad creatives, or multi-channel management, Smartly.io’s tailors may be of value to your business.
How to Get Smartly.io Pricing Quote
With customized pricing at Smartly.io, you really can only get an actual cost estimate by contacting their sales team. With all that said, Smartly.io will create a custom-fit pricing plan that suits the needs of your business.
Conclusion
Smartly.io is a robust platform for social media advertising, which automates and optimizes campaigns, but its price varies from case to case, particularly in terms of ad spend, features, and customization requirements. So, this hefty price of Smartly.io might be worth it for companies looking to scale their advertising efforts, enhance performance, and efficiency. Evaluate the advertising goals and budget of your business, and then contact the platform to request a customized pricing quote to determine whether Smartly.io is a good fit for your business.