Developing a social media strategy on a limited budget is achievable with a focused and creative approach. Start by defining clear, achievable goals aligned with your business objectives. Focus on platforms where your target audience is most active to maximize impact. Utilize free tools like Canva for designing and Hootsuite for scheduling to manage your content effectively. Create engaging, authentic content that resonates with your audience. User-generated content can be a cost-effective way to enhance engagement. Leverage organic growth strategies like hashtags, collaborations with influencers or brands with similar audiences, and engaging directly with your followers. Monitor your performance using the analytics tools provided by social media platforms to understand what works and refine your strategy accordingly. Investing time in understanding your audience and creating content that appeals to them can be more valuable than a large budget.