MK13 - Discussion board [1E44C] by Carol Danker https://padlet.com/carol_danker1/rhuthwnff8q0zpdt Each student to post ONE response for each column. en-us 2020-08-12 07:28:07 UTC 2020-08-24 07:29:16 UTC hello@padlet.com https://padlet.net/icons/png/1f4b0.png Shalini https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693711811 If given $300 a month, I would save $100 at first and would be left $200 for my basic expenses. 
Save- $100
Food- $100
Shopping (Clothes)-$30
Transport- $30
Entertainment- $40]]> 2020-08-24 00:48:15 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693711811 Hamid https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693711900 Entertainment -$30
Food - $100
Transport- $30
Expenses (clothes etc) -$40
Savings- $100
If i were given $300, I would first save $100. The remaining amount will be allocated to basic necessities such as food, transport fares, entertainment and expenses. The value for expenses and entertainment will vary each month.]]> 2020-08-24 00:48:20 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693711900 Dini qarynah_dini https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693711917 I would spend this money on basic necessities such as food and if I have any outstanding fees to pay for. Only if i have remaining money I would buy something I wanted such as a bag or clothing. The rest of the money I will try my best to save it so as not to overspend.
Food: $150
Bills: $50 
Expenses: $80 
Save: $20 

]]> 2020-08-24 00:48:21 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693711917 Dominic https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712056 Food - $150
Entertainment - $50 -$100
Transport - $20
Save for others - $30 - $80]]> 2020-08-24 00:48:30 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712056 Grace 20019460_2 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712132 Personally, since I am required to pay for some of my basic expenses such as transport fares and food on a daily basis. I will ensure I set aside sufficient income for that. Other expenses will be for entertainment or shopping purposes. I will also remember to keep some savings to ensure that I do have enough money for emergency purposes.
- Basic necessities such as,  
Transport fares (MRT, bus rides):  $50
Food: $100 
- Shopping: (Clothes) $60 
- Entertainment (Movies, ice-skating etc.) $40
- Savings: $50

]]> 2020-08-24 00:48:34 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712132 Irfan 20008072_3 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712427 Food (macs, nasi lemak) - $100
Transport (bus, train) - $50
Luxury (clothing, shoes) - $125
Savings - $25]]> 2020-08-24 00:48:43 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712427 aqil https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712573 If I have $300, I would save 50% ($150) into my bank. The remaining budget would be my expenses.
Food - $50
Transport - $50
Entertainment - $20
Clothes/accessories - $30.
If expenses is over the budget then some of the savings will be used.]]> 2020-08-24 00:48:46 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712573 Clarissa 200258212 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712658 Food - $150
Clothes - $40
Transport - $60
Save - $50]]> 2020-08-24 00:48:47 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712658 Yiao Shing https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712771 Food - $100
Savings - $90
Transportation - $10
Data plan - $10
Games - $90


]]> 2020-08-24 00:48:54 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712771 Matiin https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712791 With a budget of only $300, i would spend $50 on transport by buying the monthly pass. Ill set aside $80 on food, eating out less and eating at home more Putting aside $50 on entertainment. Ill use $35 for my monthly subscriptions, spotify and Xbox live. Ill save the rest of the $85 in my bank.]]> 2020-08-24 00:48:55 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712791 Dahlia DahliaRahman https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712922 Transportation: $50
Food and drink: $80
Shopping: $40
Grocery: $60
Gaming: $20
Save: $50]]> 2020-08-24 00:49:04 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712922 Hong yu https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712934 Food :  $150  I eat out a lot
Entertainment : $95
Transport : $50
  
Save : $5   because im a student and I wouldn't be in a situation where I have to fork out alot of money.]]> 2020-08-24 00:49:04 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693712934 Anwyl 20002274_2 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693713417 Food : $60
Entertainment : $50
Transport : $70 (monthly pass of $50 and $20 for extra )
Savings : $120]]> 2020-08-24 00:49:29 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693713417 Amrita https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693713940 Food: $80
Transport: $30
Savings/Emergency: $130
Shopping: $60]]> 2020-08-24 00:50:01 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693713940 Gerlyn https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693714208 Food : $100
Phone Bills : $20
Shopping : $80
Transport : $50
Savings : $50 ]]> 2020-08-24 00:50:17 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693714208 Bat https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693714763 save - $50
transport  - $50+ (concession)
each week - $50
food - $10 to  $20 
shopping - $40 - $30
if one week i didn't spend my my money on shopping, i would bring the money over to the next week.]]> 2020-08-24 00:50:53 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693714763 Alanis alanisloh https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693714865 If I had a monthly pocket money of $300 I would spend it on:
Food- $50
Transport- $50
Entertainment- $50
Save up- $150 each month

]]> 2020-08-24 00:51:01 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693714865 huixin https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693715120 Budget $300
Clothes - $50
Food - $100
Transportatin - $50
Savings - $100]]> 2020-08-24 00:51:19 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693715120 Carolyn https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693715145 -Food: $90
-Transport: $60
-Shopping & Entertainment: $70
-Phone Bills: $80]]> 2020-08-24 00:51:20 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693715145 Nicolle 20019072_3 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693715527 Food/Drinks- $120
Transport- $10
Savings-  $60
Phone Bill - $60
Entertainment/Spare Cash - $50 (whatever remaining would be saved)

]]> 2020-08-24 00:51:43 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693715527 Shafiyah 200224221 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693715582 Phone bills - $50
Entertainment - $80
Food - $50
Transport - $50

Save - $70]]> 2020-08-24 00:51:47 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693715582 Komal 200269411 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693718913 I wish to use the 50-30-20 rule.
Basic needs (food, transport, etc.) - $150
Entertainment (shopping, movies, etc.) - $90
Savings - $60]]> 2020-08-24 00:55:06 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693718913 Kenzie https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693743511 Food - $90
Transport - $60
Entertainment/Gaming - $50
Save - $100

]]> 2020-08-24 01:18:48 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693743511 Hong yu https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693749814 5 - 20% has to be put into new and innovative platforms for marketing.
Market research. 
Worker cost.
Execution of plan. can be broken down into online marketing, communications campaign, advertising, promotions...etc.
Tracking and monitoring effort.

]]> 2020-08-24 01:24:31 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693749814 Yiao Shing https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693752546 Cost of market research like developing a customer profile, surveys, buying research studies and hiring a consultant.
Cost of testing different market strategies like doing a product giveaway, selling new items in limited locations and doing follow-up surveys.
Cost of a communications campaign, Cost can include designing the ads, web page and other collateral materials. It can also include expenses for direct mail, public relations, contests and promotions.
Cost of tracking and monitoring communication efforts. 

]]> 2020-08-24 01:27:05 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693752546 Dini qarynah_dini https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693752663 - cost to gather market research (examining competitors , customer profile, administering surveys, buying research studies and hiring a consultant) 
- manpower costs 
- costs of testing different marketing strategies (product giveaways, focus groups, selling new items in limited locations, different marketing strategies and follow-up surveys)
- costs of communications campaign (creative designs for packaging, ads, websites) 
- cost of media buys (print ads, website banners and TV and radio commercials)
- expenses for direct mail, trade shows, public relations, contests, promotions and the cost of building and maintaining a website. 
- cost of tracking and monitoring your communications efforts. (purchase of a website statistics package, visiting retailers who sell your product or conducting customer mail or telephone surveys)]]> 2020-08-24 01:27:11 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693752663 Clarissa 200258212 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693753099 - Cost in gathering market research (develop customer profile and examine your competitors)
- Cost of testing different market strategies (product giveaways and etc.)
- Cost of a communications campaign (include costs for creative design, media buys and etc.)
- Cost of tracking and monitoring communication efforts (purchase of a website statistics package and etc.)
- Cost in manpower]]> 2020-08-24 01:27:38 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693753099 Bat https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693753637 1. a list must be created of the different segments of the company's marketing efforts
2. costs of gathering market research (developing a customer profile & examining your competitors)
3. costs of testing different marketing strategies (product giveaways, focus groups, etc)
4. costs of a communications campaign (desired media buys)
5. costs of tracking and monitoring your communications efforts (purchase of a website statistics package)]]> 2020-08-24 01:28:09 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693753637 Carolyn https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693754353 - Cost of gathering market research. 
E.g. Buying research ideas, hiring of consultants, and administrating surveys. 
- Cost of testing different marketing strategies. 
E.g. Giving out of free products.
- Costs of a communication campaign 
E.g.With creative design, media buys such as a print ad, TV, social media, building and maintaining of website, and public relations (PR). 
- Costs of tracking and monitoring your communication efforts. 
E.g. Website statistics package. 
-Digital Marketing Cost
E.g. Instagram Advertisements, cost of advertising and promotion on different online platforms
- Cost of Manpower]]> 2020-08-24 01:28:51 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693754353 aqil https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693755149 Cost of gathering market research. (Includes developing a customer profile and examining your competitors)
Cost of testing different market strategies (Product giveaways, focus group, selling new items, follow up survey)
Cost of communications campaign (ads, packaging, websites)
Cost of tracking communication efforts (purchase of website statistics package, visiting retailers, telephone survey)

]]> 2020-08-24 01:29:41 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693755149 Dominic https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693755249 1. Cost of gathering market research
2. Manpower costs (Salaries expense)
3. Cost of communication campaign
4. Cost of production
5. Cost of testing different market strategies
6. Cost of tracking and monitoring communication efforts
7. Intensive distribution costs]]> 2020-08-24 01:29:47 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693755249 Hamid 200406401 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693755469 - Costs involved in gathering market research,which includes developing a customer profile as well as examining competitors. This also include the costs for administering surveys , buying research studies and hiring a consultant.
-Costs of testing different market strategies, including product giveaways, focus groups, creating different versions of your the product (packaging, size), selling items in limited stores and follow-up surveys.
-Costs of communication campaigns such as creative design for packaging, ads, websites, banners etc. Costs for media buys like print ads, website banners, TV and radio commercials etc. These also include expenses for direct mail and the promotional mix as well (Sales promotion, public relations etc.)
-Costs for tracking and monitoring communcation efforts. This is to ensure that our marketing efforts are working and we'd be able to measure the outcome 
- Manpower costs!


]]> 2020-08-24 01:29:59 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693755469 Grace 20019460_2 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693755865 The main costs which should be included in the financial budget of a marketing plan includes: 

1. Gathering marketing research costs 
Eg. Developing customer profiles, Administering surveys, Purchasing research studies, Hiring consultants 

2.  Different market strategies testing costs 
Eg. Giveaways, Focus Groups, Creation of different versions for products 
 
3. Communication campaign costs 
Eg. Creative design for packaging, ads, websites etc. , TV/ Radio Commercials, Public Relations, Contests, Promotions etc. 

4.Tracking and monitoring communication efforts costs 
Eg. Website statistics package, customer mails, telephone surveys 

5. Manpower costs 
Eg. Salaries

]]> 2020-08-24 01:30:21 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693755865 Dahlia DahliaRahman https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693757027 -Upfront planning
-Communications expenditures
-Cost of production(crews), supply in food/drinks and actor/actress.
-Gathering market research
-Set locations
-Cost of testing different market strategies
- Some funds to set aside for emergency use]]> 2020-08-24 01:31:23 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693757027 Amrita https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693757244 Cost of gathering market research.
Cost of manpower.
Cost of testing different marketing strategies.
Cost of communication campaign.
Cost of tracking and monitoring your communications efforts.

]]> 2020-08-24 01:31:35 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693757244 Matiin https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693758017 A good marketing budget plan would consist of marketing communications costs such as advertising, public relations, direct mail and promotions. It also includes the upfront planning, communications expenditures and ongoing monitoring and tracking of your marketing efforts. It should also include gathering market research, testing different marketing strategies,  and sales expenses as part of your marketing budget. This would include salaries, commissions, trips and expense reimbursements. 


]]> 2020-08-24 01:32:22 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693758017 Ilyana https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693758134 Cost for market research (administering surveys, hiring a consultant), 
production 
(creating diff versions of the product, giveaways), 
communications
 (creative designs for packaging, printed advertisements, commercials, building a website), tracking
(website statistics, visiting retailers who helps to sell off the product, conducting customer mail, telephone survey)]]> 2020-08-24 01:32:30 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693758134 Komal 200269411 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693758230 - create a list of the different segments of your marketing efforts, it includes research, testing, creative production, communications and tracking
- estimate market research costs: developing a customer profile and examining competitors by administering surveys, buying research studies and hiring a consultant
- estimate the costs of testing different marketing strategies: product giveaways, focus groups, creating different versions of the product, selling new items in limited locations and follow-up surveys
- estimate the communication campaign costs: creative design for collateral materials, media buys,  sales promotion and PR
- consider sales and manpower costs
- add up the total estimated costs and see if it is affordable, if it's not affordable then one might have to cut back on some costs
- create a spending formula that ties the marketing budget with a percentage of the sales]]> 2020-08-24 01:32:35 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693758230 Shalini https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693758460 Before setting a budget firms should set a specific and measurable goals that would align with the budget to ensure maximum growth and development. *good marketing budget: 5%- 15% of the firm's total revenue.
The main costs that needed to be included would be as follows:
-costs of gathering market research e.g. administering surveys,  purchasing research studies, hiring consultants
-costs of a communications campaign e.g. creative design, media buys like print ads, TV, social media, building and maintaining a website, public relations
-cost of testing out marketing strategies.
-cost of tracking and monitoring communications efforts like website statistics package
-cost of e-marketing like google ads, the cost of advertising / promoting on different social media platforms, website ads
-cost of manpower
]]> 2020-08-24 01:32:50 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693758460 Gerlyn https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693760576 Before developing a marketing plan budget, the main costs that needs to be included in the financial budget of a marketing plan is the cost of gathering market research, cost of communications campaign, cost of tracking and monitoring communications and cost of e-marketing. ]]> 2020-08-24 01:34:54 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693760576 xin li https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693764223 Food- $100
Transport- $50
Shopping/entertainment- $40
Phone bill- $60
monthly savings- $50]]> 2020-08-24 01:38:26 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693764223 Alanis alanisloh https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693764287 1. Market research costs
2. costs of testing out different marketing strategies
3. costs of a communication campaign
4. costs of tracking and  monitoring communication efforts.
5. manpower costs
6. advertising/promotion costs]]> 2020-08-24 01:38:29 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693764287 Kenzie https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693764851 - Cost in gathering market research(e.g surveys, hiring consultant)
- Cost of testing different marketing strategies(e.g giveaways, different versions of products)
- Cost of a communications campaign(e.g printing ads, creating website)
- Cost of tracking communication efforts(e.g purchasing website statistics)

]]> 2020-08-24 01:39:03 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693764851 Ilyana https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693768498 Bills: $50
Food & Transport: $150
Entertainment: $50
Savings: $50]]> 2020-08-24 01:42:49 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693768498 Irfan 20008072_3 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693773228 The main costs that need to be included in the marketing plan are:
- cost of market research where we need to create questionnaires and hire manpower to conduct these surveys to consumers
- cost to test out of marketing strategies. These take into consideration on how we can finalise our products to be either advertised, public relations or sales promotion as it would be good to see which method is the best to use
- cost for the actual finalised marketing strategy to be carried out to their own mediums (PR to hire celebrities, payment to a TV network to display our advertisement)
- cost to track and monitor our communication efforts such as hiring someone to visit retailers who are selling our product for statistics on our product (what are the recent sales number?)

All of this plays a part in creating a sucessful marketing budget]]> 2020-08-24 01:47:48 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693773228 Shafiyah 200224221 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693779199 5%-15% of firm's total revenue.

1. Costs involved in gathering market research. Examples: developing customer profile,  examining competitors, hiring consultant in research studies

2. Cost of testing different market strategies. Examples: Product giveaways, follow-up surveys, selling new items in limited locations

3. Costs of communication campaign. Examples: Designs for ads, websites, packaging. Expenses for desired media.

4. Costs of tracking and monitoring communication efforts. Examples: conducting surveys, visiting retailers

5. Total estimated costs

6. Create a spending formula]]> 2020-08-24 01:53:50 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693779199 xin li https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693779255 -Create a list of the different segments of your marketing efforts. Include research, testing, creative production, communications and tracking
-Estimate the costs involved in gathering market research. Market research includes efforts such as developing a customer profile and examining your competitors. Include administering surveys, buying research studies and hiring a consultant
- Estimate the costs of testing different marketing strategies. Include product giveaways, focus groups, creating different versions of your product, selling new items in limited locations and follow-up surveys. 
- Estimate the costs of a communications campaign. Include the costs of creative design for packaging, ads, websites and other collateral materials. Calculate the costs for your desired media buys, such as print ads, website banners and TV and radio commercials. Include expenses for direct mail, trade shows, public relations, contests, promotions and the cost of building and maintaining a website. 
 -Estimate the costs of tracking and monitoring your communications efforts. This might include the purchase of a website statistics package, visiting retailers who sell your product or conducting customer mail or telephone surveys. 
-Add up the total estimated costs. Determine whether you can afford the total price of your marketing plan. If not, review each category to see where you can cut back. 
-Create a spending formula that ties your marketing budget to a percentage of sales. If your marketing plan is working, then the more you sell with it, the more you should consider spending on your marketing efforts. If your sales drop, a spending plan tied to sales will put in a place a brake that will alert you to reexamine each aspect of your marketing plan. ]]> 2020-08-24 01:53:54 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693779255 Anwyl 20002274_2 https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693781333 These are the main costs that needs to be included in the financial budget of a marketing plan. 

 Costs involved in gathering market research. Examples : Hiring manpower to conduct surveys.

 Cost of testing different market strategies. Examples : Public Relations , Sales Promotion.

Cost of communications campaign. Examples : Creating website

Cost for tracking & monitoring. Examples : Statistics

]]> 2020-08-24 01:55:52 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/693781333 huixin https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/694085572 cost of marketing research e.g. survey 
cost of testing different marketing strategies e.g. giveaway and diff types of product) 
cost of monitoring communication effort. 
Total estimated cost. ]]> 2020-08-24 07:24:56 UTC https://padlet.com/carol_danker1/rhuthwnff8q0zpdt/wish/694085572