Question
if we are going to open Costco in India makes a budget using the following information. The marketing plan needs a budget to keep costs
if we are going to open Costco in India makes a budget using the following information.
The marketing plan needs a budget to keep costs under control and secure the required resources for operations. A budget for an international sales and marketing plan typically includes the following financial information: Forecasted sales (number of units being exported) Price per unit Total sales per month and year Cost of production (capital expenditure items) Cost of physical distribution Marketing costs (advertising, distribution channel training, and development, sales force training and payment, market research)
An effective sales and marketing plan balances the costs of introducing a product into new international markets with the economies of scale realized from producing for a larger number of buyers. In order to produce an effective budget, you must integrate vital statistical data (cite at least five credible sources in your submission).
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