Marketing - Understanding The Money
Are You Paying Too Much or Getting To Little?
This series of newsletters will help you generate
more interest,
more of the time, from more prospects, without spending more money.
Poor Planning Is The Quickest Way To Exhaust A Budget.
Many business owners have limited experience with marketing or advertising
their business. They make decisions with little knowledge outside
their own industry. They rely on the their own personal opinions or
general business practices rather then relying on marketing professionals.
How Are You Doing As A Business?
Do you have a marketing plan in place with measurable milestones?
How do you determine your marketing and advertising budget? Why do
you advertise where you do? Do you have a defined objective? How do
you measure your results? If you know the answers to these questions
you're in good shape, if not keep reading.
Here's The Formula To Success You May Be Missing.
Before you spend another dime on marketing or advertising you must
have a strategic marketing plan in place. This begins with defining
your goals and your budget.
What's the difference between a goal and a dream? A goal is defined,
written down and measurable. A realistic number that you can comfortably
see yourself obtaining and managing. Taking into consideration the
manpower, the equipment, the logistics and the budget to obtain it.
Do you have a goal for gross revenues this year? What about the budget?
Do The Math It Says A Lot.
Understanding your budget is easy if you've been in business for
a while. Define your cost of sales. That is everything you spend money
on to find, interrupt, engage, educate and sell your prospects. Your
advertising costs, your brochures, your website, your business cards,
your stationary, your flyers, your phone bill, your membership dues
to networking groups, your expense account eating out and cultivating
clients. And don't forget the biggest expense of all, your time and
that of your staff at generating the sales you do now. Total up every
expense and be as concise as possible.
Plus Positive Marketing Group
3 Taggart Drive Unit J
Nashua, NH 03060
Phone: 603-891-2800
Email: sales@pluspositive.com
Copyright © 2005 All Rights Reserved Plus Positive
Marketing Group
Web Support New Hampshire Web Design and
Marketing Log Homes
|