Event Marketing: How to Successfully Promote Events, Festivals, Conventions, and Expositions

(WallPaper) #1

Finally, when developing a budget plan, there are three areas
that are frequently overlooked:



  1. Contingency reserve plans

  2. Indirect costs (overhead)

  3. Profit


Opinions differ on the amount of the overall budget needed to
be set aside for a contingency plan, although between 10 and 20


Developing the Budget 87

Advertising Creative/Design
Production
Print
TV
Radio
Web
Printing Creative
Graphic Design
Mechanical Cost
Couriers
Printing Cost
Postage First Class
First Class Bulk
Bulk
Express
Consulting Fees Marketing Specialists
Public Relations Creative
Writing
Copying
Press Releases
Electronic
Auxiliary Opportunities Promotional Booth/Stand
Promotional Printing Banners and Posters
Giveaways (T-shirts, mugs, etc.)

Figure 4-1
A broad marketing budget will include all categories that may
incur expenses. This chart illustrates that many of the expenses
will be reflected in more than one category. Examples are
postage and couriers and creative (art and graphics) costs.

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