So how do you calculate your marketing budget?

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In the examples I provided, we calculated the marketing budget by taking into account the percentage of company revenues allocated to marketing , as well as other factors such as marketing goals, competition, and company resources.

By using this formula, you make sure that your marketing budget is better suited to your company's situation and needs. Of course, it is important to remember that every company is different, and your marketing budget may depend on other factors that also need to be considered when planning your expenses.

Before we move on to determining the level of our budget, it is worth first determining the directions of development of our company, conducting a detailed analysis of the company's situation and its prospects switzerland telegram data for the future, checking the state of available resources, etc.

Importantly, planning future expenses does not end the work on the company's marketing budget. For budgeting to make sense at all, sooner or later you have to start implementing the adopted budget. Then the key role will be played by the appropriate management of the adopted budget.