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The Finances of Marketing

Those in the marketing business are aware of how costly it can be. According to Chron, the average marketing budget is about 5%-7% of you’re a business’ annual projected sales. For some businesses, this is an achievable budget, especially if the company is earning additional revenue on the side. On the other hand, for other brands that are just starting out, then this number can still be high. Rather than put your company through a financial burden, it may be best to implement a more financially savvy marketing strategy. Staying within a proposed and workable budget is the best way ...

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