Creating a marketing budget for the upcoming financial year involves strategic planning, foresight, and a clear understanding of both past performance and future goals.
This blog will provide a comprehensive guide to marketers and business leaders on how to effectively allocate resources to maximize impact in the 2024/’25 financial year.
How To Maximize Your Marketing Budget
The new environment of the Coronavirus epidemic is challenging. The desire to limit spending is felt by almost all businesses, especially by startup founders. You're going to need to assess your resources and carefully redistribute them if you want to keep your company afloat during this difficult time. It seems sensible to attempt to get the most out of your budget and resources. However, some are finding this to be rather challenging, especially if the judgment is a little clouded when the panic button has been touched. You can successfully bring in new clients if you have the correct marketing objectives and spending plan.
Trends in Social Media Marketing for 2017
In the Delivery: our $7 PR Success Story
Recently, a client shared a sage piece of marketing advice, he said “If you have just $100 left in your advertising budget, your best investment is to use it to travel and share your story with your market face-to-face”. Today Marketing Eye put this advice to the test, with great success for one of our clients – Papa Gusto.
A marketing plan does not have to boast an exorbitant budget to be effective, nor does it have to be overly complex and multi-levelled to achieve your goals. We have proven this.
Saving 30% on Enterprise Print Management
At first, my design department sourced quotes. They ranged from $18,000 up to $33,000 for exactly the same product. I was fine with paying $18,000 but not so fine to find my normal printers quotation significantly higher at $33,000. It literally had me stopping in my tracks and evaluating what I was doing and whether it was worth it.
Then, as if someone was looking down on me, a company was referred to Marketing Eye to do some of their marketing. It was an online print automation company that specialises in reducing the cost of printing so that marketing departments can reinvest the savings back into their marketing campaigns. I personally worked on this account because I was interested in seeing what they did differently. In the end, I became as passionate about their business, as they became of ours. On top of that, they saved us 45% of our printing costs.
Today, I thought I would give the founder of this business, Mark Alioto a call to talk about what they do differently at ECM.
