If you're focusing on inbound techniques like SEO, social media, and content creation for a preexisting website, the good news is you don't need very much budget at all. With inbound marketing, the main focus is on creating high quality content that your audience will want to consume, which unless you're planning to outsource the work, the only investment you'll need is your time.
To do that, you need a consolidated view of customer preferences and expectations across all channels – web, social media, mobile, direct mail, point of sale, etc. Retailers do this using omnichannel retail analytics. Marketers can use this information to create and anticipate consistent, coordinated customer experiences that will move customers along in the buying cycle. The deeper your customer insight into behavior and preferences, the more likely you are to engage them in lucrative interactions.
2. In case you are already working and are simply looking to imbibe some digital marketing values and practices into your current line of work, self-study should automatically become your one-stop solution. You can just take free courses available online or go through digital marketing videos in order to understand and apply basic marketing concepts. 
Influencing the social signals through brand mentions: Brand mentions or online citation is reckoned as an important factor to leverage the social signals for SEO. The links that got generated through social media are no-follow links that do not affect the SERP rankings. But when any source content is shared, commented, tweeted, or cited socially with or even without these implied links, it must funnel to highest rankings. This entire process of back-linking through social media is called social media optimization.
You know few years back I wasn't even known to this world. With time, I got an identity and that identity got shaped through the content I share in format of blog posts, status updates, presentations and videos. All of these content that I have shared on the internet by far has been related to Digital Marketing and Social Media which has helped me position myself as a Digital Marketing person.

For example, let’s say you want to use Instagram as an acquisition strategy. You would go research all of the ways you can grow your Instagram and drive traffic from it, put them on a spreadsheet, rank the different ideas, then for the three that seem the best opportunities, design a small inexpensive test with a specific goal that spans over a week or two. At the end, check back and see how you did relative to your goal.

Once you’ve found your sandbox, you can narrow down the stack you want to apply to it. As I mentioned in my Wiki Strategy article, it helps to be very focused in your growth channels, so if you said “social media” before, try picking just one social media channel to put most of your focus on. For ads, pick one platform (Facebook or Google) and focus on that. You can always expand your channels later, but if you try to do everything at once in the beginning, you’ll burn yourself out.

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