2003 Budget planning
We reviewed our initial marketing budget for next year. Some of our initial decisions:
Post-card deck advertising is out. If people are going to take direct action, which is the primary benefit of such cards, they are going to hit the web. People's search cost has dropped significantly. These decks will continue to serve those who have something that people aren't looking for.
Trade advertising will be low, too, for similar reasons. We still need to consider ads for image/positioning.
Growing traffic to our website should be a priority. This means considering boosting paid web promotions like Google and Overture. We will consider adding Industrial Quick Search, Looksmart, and SEO (search engine optimization) services. I need to check out LookSmart again, then will report back here. GlobalSpec was just too much money for questionable gains, so that is out already.
We really want/need a new SFA/CRM database for sales. If we can get the bucks to do this, this blog will probably lean heavily that way next year as we search and implement it.