How much should I spend on marketing? This is a frequently asked question, the marketing consultant is regularly invited. The simple answer is that there have been hard fast – depends on the competitive situation in relation to the development stage company, product or category of service and the balance of advertising to promote brand advertising designed to generate a concrete answer. As a result of these factors, the marketing budget will be better on a careful analysis of a number of factors as part of a marketing strategy, not often used on the% of sales method. If you’re trying to develop a deeper understanding of your marketing budget, then there are two good places to start. Brand Awareness analysis of the level of advertising that is likely to reach target markets with appropriate levels of frequency and credibility Specific response – Analysis of response rates and conversion is achieved by various forms of advertising Brand awareness is a direct product of a marketing strategy – identifying key target markets and understand the competitive environment, you can give a picture of the level and nature of the “brand” advertising has generated, in order to increase brand awareness for the establishment of new customers and reinforce the message with other consumers. The planning element of the campaign to create a concrete answer is closely connected with the sale of homes and requires the analysis of response rates and conversion can be achieved by various forms of advertising. With response rates and conversion as a starting point allows MJH Group to the result expected for a given level of expenditure in a given area and the planning of marketing strategy determined accordingly. This correlates with the sale of the family, and plan the necessary mix of advertising necessary to make the path of reaction to the sales results.

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