Cost structure in circular manner having four elements
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Presenting cost structure in circular manner having four elements. This is a cost structure in circular manner having four elements. This is a four stage process. The stages in this process are cost structure, budget framework, fun model.
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Description:
The image is a PowerPoint slide titled "Cost Benefit Analysis for Marketing Strategies in Startup Business Idea Proposal." It outlines different promotional activities, their costs, and associated benefits, offering a clear comparative analysis for a startup's marketing plan. Here are the details:
1. Social Media Campaign:Â
Cost is Free. The benefit is reaching over 1 billion people.
2. Promotional Video:Â
Cost is $2,500. The benefit is increased exposure on online platforms.
3. Viral Marketing:Â
Cost is $15,000. The benefit is that more than 150,000 people will discuss the new product.
4. Event Marketing:Â
Cost is $25,000. The benefit is it's an effective way to drive sales with over 10,000 people interested in the event.
This type of analysis is crucial for startups to allocate their marketing budget effectively and ensure the highest possible return on investment (ROI).
Use Cases:
Here are seven industries where this slide could be effectively utilized:
1. Tech Startups:
Use: Assessing ROI for digital marketing campaigns.
Presenter: Marketing Director.
Audience: Investors and marketing team.
2. Food and Beverage:
Use: Evaluating the cost-effectiveness of product launch events.
Presenter: Brand Manager.
Audience: Sales and marketing teams.
3. Fashion and Apparel:
Use: Planning budget for social media influencer collaborations.
Presenter: Social Media Coordinator.
Audience: Creative and strategic planning teams.
4. Health and Wellness:
Use: Determining spend for educational video content.
Presenter: Content Strategist.
Audience: Digital content team and stakeholders.
5. Entertainment:
Use: Gauging investment for viral marketing of new shows or movies.
Presenter: Promotion Manager.
Audience: Production team and promotional partners.
6. E-commerce:
Use: Strategizing online ad spend to increase website traffic.
Presenter: E-commerce Manager.
Audience: E-commerce team and financial analysts.
7. Education Technology:
Use: Planning costs for online webinars and interactive events.
Presenter: Educational Consultant.
Audience: Educational content creators and institutional partners.
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Out of the box and creative design.