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If you are like most businesses your marketing budget (and others) will be finite
Let’s face it, marketing evolves even though some of its fundamental precepts are eternal
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So what can you do to maximize (or optimise) it? Answer: Treat your budget just like any other financial investment and conduct a risk analysis
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For businesses, this means that a fixed budget is drafted for a calendar or operational year, and is not amended at any time during that year, even if there are changes in the level of business activity that take place
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