is probably the hardest task that every senior marketing manager regularly faces is planning to increase the effectiveness of the budget. Nowhere is this more challenging than when deciding where to spend your marketing communications budget.
exponential growth of new media covers every aspect of your life from the other (digital of course) morning radio alarm through all the traditional offline media you are exposed to during the day. Once we go online and explore the great demands on the budget relating to e-mail marketing, search engine optimization, pay per click, web design and many other online marketing opportunities, budget dilemma seems impossible. Various studies show the average person living in a developed country is exposed to anywhere between 3000 and 7000 different advertising messages per day. If you target the person, then how do you choose one or two messages that will grab their attention and create the right answer? Even for highly experienced marketing and it is not easy decisions. Some claim to be a very scientific approach, but in this article, we will treat the budget exercise as a combination of art and science.
answers can be found in several key areas: the size of your brand and company, the nature of your target market, the relative size of its competitors, level of experience you have gained from previous marketing activities and your personal qualities that he believes in a particular approach. I packed it in
Ten golden rules for planning integrated advertising campaigns:
1 repetition builds awareness building response
Do not spread your budget too thin. It is better to repeat his message three or four times on the same person in the same medium, but to spread their message to a wider audience that can only be seen once or twice
2 is a modern online marketing, but that does not make it right for your business
If you know that you can build your business by increasing your website visits and then on-line consumer sense. However, if your business model does not depend on your website to be careful about throwing all your money online
3 smaller budget more useful for public relations can provide
for public relations takes time and effort, but the results can be amazing and a monthly fee often corresponds to a single ad
4 large your business is more important brand building
as a massive generalization, small businesses need to focus on building response, and every penny they spend on marketing is looking for short term returns. In the long run is a budget to invest in brand building to win, but it makes no sense to worry about when your budget is small.
5 Direct Mail and e-shots are the starting point for most small businesses
You can directly compare the costs of return.
6 No more than 50% of their budgets online
in order that it is not really the golden rule, because some companies can prosper never appear outside the virtual world. But it is rare to find a target market that does not respond to online communication and on average more than 50% of the 'commercial' site visits guided by traditional media.
7 More Power
is very simple to understand more of your target market and media consumption, the better you can plan campaigns that connect with them. Also, if something worked before will probably work again, but not in quite the same way. So, learn from their successes and their mistakes.
8 Do not swim with the big fish
If you are a small fish then swim upstream or downstream from a large Adapted from Adam Morgan's book Eating Big Fish 'This rule simply says that the Challenger brands need to do things differently competition
9 Sponsorship for laughs
If you have many millions of pounds or dollars to spend then the sponsor of premiership football club. If the budget does not avoid spending too much money on a simple brand awareness and make sure your brand values, unique selling points and call to action, are built into your marketing communications
10 integrated communications are impressive
Even better than repeating your message to one person in the same medium is the message all over that person through various marketing komunikacije.Izravnu mail piece, e-shot, click the ad in combination with such articles come together to make your budget looks much larger than the
Finally, there is a Rule 11 too! If you can not afford it then it's off. It seems obvious, but many experienced marketers make the mistake of wanting to see the media try to be prestigious, such as national television to absorb more than 50% of its budget and leave a lot more hard work, cost, demand driving the media to afford.
To summarize, it is the art and science come together, there are some right answers, but there are obviously a lot of bad. If in doubt get integrated marketing agencyto help you decide. Specialist agencies will always try to get as much of the budget as they wish mogu.Integrirani agency almost the entire budget, but it will work with you to maximize its effectiveness?