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marketing budget

 

Definitions from the Web

Marketing Budget

Description:

The marketing budget refers to the allocation of financial resources by an organization towards various promotional activities to promote their products or services. It represents the planned expenditure on marketing campaigns, advertising, market research, and other related strategies.

Senses/Usages:

Noun - Overall Financial Allocation:

In this sense, marketing budget signifies the total amount of money set aside by a company or an individual for executing marketing initiatives to reach their target audience and achieve business goals.

Example Sentence:

Our marketing budget for the upcoming quarter is $100,000, and we plan to utilize it effectively to enhance our brand presence in the market.

Possible Related Products:

Noun - Specific Allocation for Advertising:

This usage refers to the portion of the marketing budget that is specifically designated for advertising purposes, including media buying, creative development, and promotional activities.

Example Sentence:

Our marketing budget for this year includes a significant increase in the advertising allocation to reach a wider audience through television and online platforms.

Possible Related Products:

Verb - Action of Determining the Budget:

As a verb, to market budget means to plan and allocate financial resources for a marketing campaign or promotional activities.

Example Sentence:

We need to marketing budget wisely for our upcoming product launch to ensure maximum impact and return on investment.

Possible Related Products:
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