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1 page/β275 words
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Style:
MLA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:
Allocating Budget on Technology
Essay Instructions:
Don't write an essay. Simply answer these two questions based on your real life understanding and the PDF content.
1. Assuming she gets funding, how should Bornstein allocate her budget across the various digital categories? Given that the additional funding requested must be shifted from Sephora’s other marketing spending, where would you propose to cut? Why?
2. As Sephora increasingly dabbles with digital marketing and social media, which competitors should the company be most worried about?
Essay Sample Content Preview:
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Question One
Bornstein should allocate her budget on digital categories like Mobile, Facebook development, and Video Production. These are the categories that have demonstrated to hold significant traffic when it comes to the way the company does business. Facebook development should be given the biggest allocation as it has been able to bring a lot of sales to the company. On the other hand, Video Production should get the second biggest allocation as there is a need to improve in the videos that are released by the company in the marketing field. Quality videos will be able to sell the company more. The mobile category should get the third largest share (Ofek & Wagonfeld, 2011). With customers using their smartphones, the applications should be improved for them to attract more traffic to that will, in turn, mean more profits. A cut should be done on social partnerships as they may not be too instrumental in making Sephora excel as other ...
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