“In the central market, they didn't require us to do any trade spend. That was just our promotional budget from demos”
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Said on Road 2 Retail
Jim Cobb · Entrepreneurs on Fire · Building Brands That Last: How Understanding Customer Psychology Creates Business Growth with Jim Cobb
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Allocate the majority of marketing budget to front-end research to define the customer's problem before any creative execution
“In the central market, they didn't require us to do any trade spend. That was just our promotional budget from demos”
“Creative Studio is going to have creative testing inbuilt… we can tell them what's winning, what's not winning, and give a budget recommendation.”
“Defining the role is easier before the employee starts… Resolving scope is easier before the contract is signed… Planning the project is easier before the crew's mobilized.”
“If people are very diligent about seeing the fingerprint of their execution costs and their execution alpha and they begin to see their execution costs rise, objectively measured, they may have a capacity problem.”
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