Budgeting

It’s time to find a bigger money box

Sep 15, 2004

For most marketing communications people, the concept of “fair share” is like a mirage in the desert--it looks like it might be there, but you’re not sure.

Sometimes it’s better to save your money than spend too little

Nov 11, 2002

The risk of spending too little for marketing communications is just as great as the risk of spending too much.

‘Amateur’ creative is strictly vanilla

Apr 09, 2001

If you think you're saving money by letting amateurs handle creative assignments, you should think again.

Be wary of the seemingly good deal

May 08, 2000

Sometimes the best deal is the one that costs more. You can save your way into disaster.

Good marcom never skimps on quality, price

Mar 13, 2000

There are no shortcuts to success in business-to-business marketing communications; you get what you pay for.

Knowing the right price

Jul 05, 1999

Even though I've used the analogy many times, I'm painfully aware of its shortcomings. I'm referring to the "How much does a house cost?" analogy. You use it when someone asks you how much it costs to produce a capabilities brochure. Or build a large tradeshow display. Or even design...

You can't spend it if you don't have it

Jul 21, 1997

When you're unsure how much you should pay for something, you usually ask someone who should know and whose opinion you trust. That's the theory behind the study on project costs recently issued by the Business Marketing Association. By quizzing Certified Business Communicators -- the most experienced and knowledgeable business-to-business...

How to set politically correct budgets

Dec 04, 1995

Twenty years ago an article was published in the Journal of Advertising Research ("How Large Advertisers Set Budgets" October, 1975) suggesting that 60% of nonconsumer (business-to-business) marketers set their advertising budgets arbitrarily or according to what is affordable. Only 10% used the "objective and task" method of budgeting. So what...

Getting enough money to do the job right

Apr 12, 1993

It's one of the most important things we do as business-to-business marketing communications practitioners, and yet it's the one thing we're least prepared to do well. I'm talking about money -- getting enough to do a job right and hanging on to what you need long enough for your efforts...