For a new business, what percentage of your estimated first year's gross sales should be allocated to your advertising and public relations budget?

a. 10%

b. 5%

c. 7%

d. 3%

Question

Business

Oswaldo Vargas

26 September, 05:03

For a new business, what percentage of your estimated first year's gross sales should be allocated to your advertising and public relations budget?

a. 10%

b. 5%

c. 7%

d. 3%

+2

Answers (1)

Know the Answer?

Kyan Nguyen · Answer 1

The answer is a 10 %

One of the biggest challenges for new businesses is to increase consumers awareness of their existence, since you consumer won't buy your products if they don't know that you're exist

That's why new business need to spend a pretty big amount on advertising and public relations

For a new business, what percentage of your estimated first year's gross sales should be allocated to your advertising and public relations budget?a. 10%b. 5%c. 7%d. 3%

For a new business, what percentage of your estimated first year's gross sales should be allocated to your advertising and public relations budget?

a. 10%

b. 5%

c. 7%

d. 3%