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Marketing Plans that Work for High-Tech Business

Marketing Plans Technology companies require versatile marketing plans that align strongly with business goals. Clarity Quest evaluates your business objectives to create marketing plans that are strategic as well as realistic given your budget and resources.

The Right Marketing Budget for Your Company

Deciding how much to spend on marketing can be a very hard decision. Over estimating the amount could lead to financial difficulty, but underestimating could lead to insufficient revenue. Many companies set marketing budgets as a percentage of revenue. For example:

Revenue
Under $5 million
$5–10 million
$10–50 million
$50–100 million
Over $100 million
Marketing Budget
7–8%
6–7%
5–6%
4–5%
2–3%

However, depending on your business model, a marketing plan based on competitive parity or objectives/tasks might be more suitable.

We’ve helped dozens of technology companies determine the right budget for the best return-on-investment. Download our free whitepaper "Marketing Budgets: The Correct Amount for Your Company" or contact us today to discuss your businesses marketing budget.

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