Primasia Corporate Services is
your most reliable business partner in Hong Kong and China,
specialising in Corporate Services such as Market Entry Solutions, China
E-commerce solutions, and Xero Cloud Accounting. We are here to assist
with everything from filling out and filing the proper paperwork to the
sourcing of a dependable business partner in China.
Marketing
budgets vary from business to business, no matter their size. What one
business views as an excessive amount spend, could seem completely
reasonable or even small to another. So, how does one go about setting
their marketing budget?
First,
realise that the amount of money a business spends doesn’t necessarily
equal a successful advertising campaign. Many companies also vary their
spending depending on current sales, the season, holidays etc., and wind
up adjusting their annual budgets throughout the year. Instead of
focusing on a specific amount, consider how to leverage the budget you
have, how to yield maximum results (sales). Look into an array of
options and estimate what ROI you’ll receive from your marketing and
advertising efforts.
While
you’ll still need to keep track of your budget, and figure out how much
you have available to spend on promoting your business, being flexible
and strategically allocating your funds to gain the best return is key
to running a successful company. Instead of pooling all of your
marketing budget into one advertising medium or another, you need to
strategically allocate what you have in order to make the most of the
resources you have available.
In
addition, try setting specific goals to achieve. Having a plan, setting
goals, and achieving them is essential to using your advertising budget
effectively. When setting your goals consider what you want the primary
result to be: Do you want to boost sales, improve your lead generation,
or increase brand awareness? Each area is important of course, but what
is the most important result to you at the time? The answer can help you
decide what you want to focus on- be it social media engagement,
branded searches, rewarding repeat customers, print media,
subscriptions, sales etc.
About us:
Primasia Corporate Services provides
market entry solutions and a team of experts that can advise you on
administrative and tax compliance for your company, as you explore
expanding your business to Hong Kong and/or China. Primasia is the
perfect partner to help you access a tremendous Chinese market share
opportunity, check out our website to learn more or call us at +852 2882
2088. Contact us today to discuss details further.
Connect with Primasia Corporate Services Limited
Hong Kong Headquarters: Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong
Website: https://www.primasia.hk/
Twitter: https://twitter.com/PrimasiaHK
Credit: Prosperity Research Digital Agency(PRDA): PRDA's Founder Douglas White developer of proven 5 step, 4 KPIs process of Social Media Marketing.
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