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The Chanel fragrance marketing team is setting their 2 0 2 5 promotions budget for the classic Chanel No . 5 perfume. What percentage of

The Chanel fragrance marketing team is setting their 2025 promotions budget for the classic Chanel No.5 perfume. What percentage of revenue should they consider allocating to the budget (focusing only on the advertising activities to promote Chanel No.5)?
Approximately 20% of revenue
Approximately 15% of revenue
Approximately 10% of revenue
Approximately 5% of revenue
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