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In most circumstances, the more you spend on advertisement, the more you'll receive in sales.
Exceptions to this would be poor product placement and viral advertisement, where high advertisement wouldn't yield a great deal more sales and viral would be where you spend little on the advert itself but make a fair deal on sales.
What else can I help you with?
What is a sales budget?
A sales budget is the very first budget to be produced. it has for purpose to project what is ahead by using past performances record. A sales budget is not about cost but about how much money you can get. Its main components are Price x volume= Sales budget.
How the effectiveness of advertising is measured?
Effectiveness of advertising can be measured in terms of sales volume of that product advertised.
What are the methods for determining advertising budget?
Generally 2 to 5% of your gross sales.
Process of advertising budget?
The process of the advertising budget is usually contained in the marketing budget. This will entail all the factors that will be involved in running successful marketing campaigns that will help in increase the sales turnover for the business.
What is Impact of advertising on sales volume?
it increases the customized is a success full way of business?
What 5 reasons are therethat could cause the sales budget to fluctuate?
5 reasons that may cause a sales budget to fluctuate are Price volume Demographics Economy competitors
One of the most important budgets is the sales budget unfortunately this budget can also fluctuate the most List five reasons why the sales budget may fluctuate for each reason explain your answer?
_ Price _ Volume _ Demographic _ Competitors _ Economy
For a new business what percentage of your estimated first year's gross sales should be allocated to your advertising and public relations budget?
10%
What are the types of quota?
There are different types of quotas. Some are sales volume quotas, some are budget quotas, there are also sales quotas, and combination quotas.
Who prepare a sales budget?
sales manger is responsible for preparing the sales budget.
What is effect of promotion and advertisement on sales?
Sales promotion is an important component of a small business's overall marketing strategy, along with advertising, public relations, and personal selling.
Why company wants advertising?
Companies use advertising because it improves sales and through sales profit.
