OxiFreshGuy
Well-Known Member
- Nov 12, 2016
- 3,130
- 2,329
- 113
- Real Name
- Boris Johnson
- Business Location
- United States
I cant answer for Rob but I believe marketing is unique to the individual business owner, their goals, and the market they work in.
10% is a very healthy number, I've seen poorly run franchises run almost 40% at times.
A new business is probably going to spend more to get noticed or grow at a slower rate.
My biggest rule for marketing is...watch your return on investment. Find the point of diminishing returns and milk it from there. Reevaluate your strategies every 6 months and drop what doesnt work.
10% is a very healthy number, I've seen poorly run franchises run almost 40% at times.
A new business is probably going to spend more to get noticed or grow at a slower rate.
My biggest rule for marketing is...watch your return on investment. Find the point of diminishing returns and milk it from there. Reevaluate your strategies every 6 months and drop what doesnt work.