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Personal Finance News Releases
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(MoneyNewsWire.Net, November 06, 2015 ) Wilmington, Delaware -- Though the reason for halving the budget has not been clearly explained but many believe that it is because the company does not do as much business through the final three months. Others believe that the company simply does not see a good enough return on investment and that the only motivation to spend on marketing would be to improve sales which it does not need to because the current stock does not need an extra push to be cleared. But Stunning Gadgets has not commented on any of the assumptions so far.
Many businesses will vary marketing and advertising spending based on the estimated return on investment. This has always been important to the Pocket Chain saw marketing. A return on investment is what is looked at by businesses to figure out what times are best to advertise or market during, if a certain threshold of sales cannot be reached the effort is considered not lucrative enough. However, the reason cited by many seems to be plausible especially since the company is getting ready to unleash a number of new gadgets which could benefit from a boost in marketing. So, after a reduction in spending, the company may probably boost spending on new products when launched. Though the company has not given any official word other than it is a strategic decision.
"We vary our marketing and advertising budget from time to time. Things need to be fine-tuned every now and then in order for them to be optimized for the goals that we have envisioned. This is why people shouldn't be alarmed that we've decided to reduce spending or read too much into it. There are many businesses that do it, it's just that we have yet to vary our budget based on solid data until now. We now have over three years of data which allow us to laser focus on getting the best results instead of just spending money throughout the year with varying results." Said the marketing manager for Stunning Gadgets "There may have been rumors in the past, but our decision is not based on those rumors, it's based on the vision of our company and the future trends we're gearing the company towards."
Stunning Gadgets has already spent over five million dollars in advertising and marketing over the past couple of months. The company has plans to probably double spending in 2016 and beyond. All of which may primarily be influenced by the new products in the pipeline.
About Stunning Gadgets
Stunning Gadgets is a company that sources various products from all over the world. Its objective is to provide niche consumers with the best products manufactured in the top facilities worldwide using the finest materials available.
Stunning Gadgets combines the highest quality materials with innovation and a great warranty ensuring that people get the highest return on their investment. This approach has made Stunning Gadgets one of the leaders in the gadgets industry.
Stunning Gadgets
Stuart Cronshaw
1-888-843-0268
media@stunninggadgets.com
Source: EmailWire.Com
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