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Is internet marketing affordable?

Traditional marketing methods can be very expensive. For instance advertising on newspaper or running TV commercial or advertising on billboard costs a lot of money. What about Internet marketing?
 
Internet marketing is more affordable than traditional marketing. If I have to publish a small classified ad, for one day, I need to spend at least $10 for the local newspaper, however, I can run ads for 3 days on Facebook just by spending half of that amount. The reach for Facebook ads is higher than newspaper ads.
 
I think that internet marketing is far cheaper than traditional marketing. With just $10, you can run a successful social media ad campaign for one month. But it would cost $150 to have a billboard for instance stand in a semi busy location for same one month.
 
Internet marketing is taking over as more people are now on their phones and laptops checking Facebook, Instagram, and other social media platforms. This means you can be able to capture more interested users using Internet marketing, unlike what happens with traditional marketing, which takes more funds and lesser leads now.
 
When you look at the cost of doing internet marketing relative to the reach it gives, it is very certain that it is cheaper. With as less as $5, you can run targeted ads to your direct audience for a week on Facebook.
 
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