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ekontnafinalg
ekontnafinalg ekontnafinalg
  • 11-04-2016
  • Business
Answered

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

A10%
B5%
C7%
D3%

Verified Answer :

andriansp andriansp
  • 15-04-2016

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

Answer Link

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