How much should you spend?
Most companies are great at setting goals and objectives. What is often more difficult is figuring out what do you need to spend on marketing to achieve those goals and objectives.
So, we came up with a tool to help our clients understand what businesses spend on marketing based on industry averages. The calculations are developed from researching publicly and privately held companies, financial statements, and interviewing a vast array of marketing professionals. It’s by no means a hard and fast rule – but we find it helps our clients understand what their annual investment should be.