Sites: Africa, Marketing, Medical, Retail
Marketing community of Southern Africa
Marketing> The Loerie Awards 2008, Advertising, Branding, Cinema, CRM, Design, Digital, Direct Marketing, Education & Training, Eventing, Exhibitions, Magazines, Media, Mobile, Newspapers, Online Media, Out Of Home, Printing, Production, Promotions, Public Relations, Radio, Recruitment, Research, Retail, Sales, Sponsorship, TV, Youth Marketing, 2010 FIFA World Cup
Comments

Comments on Cost of marketing?!
 
% of turnover - Maslow
I recommend working off a % of turnover. This allows you to grow your marketing spend as your business grows and ensures you won't overspend. 4-8% is always a good number.
8 Mar 2007 10:24   Reply, Report this comment
It's all relative - info@kezi.co.za
The more you spend, the better your results (in theory). We have SMME clients that spend R3, 000.00 a month with us, and ones that spend R10,000.00 a month with us. As a publicity based company, our results are measurable against the media value raised against client spend. You CAN do a lot with a little but you need to be smart and strategic about it.
8 Mar 2007 10:26   Reply, Report this comment
Depends on Everything - The Marketing Coach
Hi,

How much money you spend on marketing will depend on a million factors, most notable of which is how much money DO YOU HAVE.

You also need to consider things like:
- how long have you been in business (i.e. what stage of business you are in - start-up, established, etc.)
- where your customers are
- what is the best time to reach them
- what is the best way to reach them
- what do you want to tell them

I am a marketing and business coach and specialize in assisting entrepreneurs and small businesses with developing marketing strategies that do not break the bank and deliver on the bottom line. If you need more specific assistance, please contact me on jeni.abdul@gmail.com

Good Luck!
15 Mar 2007 15:42   Reply, Report this comment
 
Would like to pick your brains too  by  Lenke
Hi
I am a 10month old smme and would also like advice on my marketing spend. Please refer me to someone who could give me some advice here in Jozi
31 May 2007 18:33   Reply, Report this comment






LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. libel, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law.
 







17 Days
to enter The Bookmarks 2008

Entries are open and can
be submitted online at www.thebookmarks.co.za.
Entries close 31 October.













16 Days
To Good Food & Wine Show 2008

Gauteng Exhibition Centre
30 October to 02 November 2008

www.gourmetsa.co.za









Receive free email newsletter
 
Tell a friend about us
 
CONTACT US | ABOUT US | SEND US NEWS | ADVERTISING RATES | sales@bizcommunity.com | +27 (0)21 680 3500
All rights reserved. © 2008. Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein. Privacy policy, Terms of Use.
Connected by: Uninet