July 10th 2008
Expenditure on Advertising: Would I have made more Profit if I had Spent less on Advertising? (10-18)
10. Curtail your advertising agent’s spending
An agent makes more money, the more you spend. He’ll be happy if you go for a bigger, more expensive, more frequent advertising campaign. It could be worth monitoring that expenditure does not exceed the agreed budget figure.
11. Buy publicity-related services direct from the supplier
Advertising agents will usually make a profit on any service, however small, that they arrange for you. Search for opportunities to go direct for some of these services. In quiet times you may well have the capacity to do the work yourself. Continue Reading »