Course information

Marketing Budget Masterclass Outline

Module 1: Fundamentals

  • Introduction to Digital Marketing
  • Digital Marketing-Types
  • Significance of Digital Marketing in Various Businesses

Module 2: Marketing Budgeting for Direct and Digital Marketing

  • What Is Marketing Budget and its Importance?
  • Direct and Digital Marketing- Budgeting Principles
  • Direct and Digital Marketing Activity- Analyzing Cost-Effectiveness
  • Offline and Online Marketing Channels- Evaluate The Performance
  • How to Calculate Allowable Marketing Cost (AMC)
  • Modelling LTV (Customer Lifetime Value) by Source and Customer Type

Module 3: Budgeting of Digital Marketing

  • Building Budget and Forecasts
  • Measuring Costs and Response
  • Monitoring and Controlling Budgets
  • How to Evaluate and Managed Costs
  • How to Create a Budget for Various Growing Scenarios?

Module 4: Performance Measurement System for Direct and Digital Marketing

  • How to Access Metrics Frameworks for Efficiency of Budgeting for Digital Marketing
  • Identification of KPIs
  • Building a Financial and Non-Financial Metrics Balanced Scorecard
  • How to Calculate the Cost per Mille (CPM), Cost per Response (CPR), and Cost per Action (CPA)

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Who should attend this Marketing Budget Masterclass?

The Marketing Budget Masterclass in Chicago is designed for professionals and individuals in the field of Marketing who are seeking to enhance their skills and knowledge in budget planning and allocation. This course can benefit a wide range of professionals, including:

  • Marketing Managers
  • Brand Strategists
  • Digital Marketers
  • Advertising Executives
  • Business Owners
  • Market Researchers
  • Sales Managers
  • E-commerce Managers

Prerequisites of the Marketing Budget Masterclass

There are no formal prerequisites for this Marketing Budget Masterclass.

Marketing Budget Masterclass Overview

Marketing Budget Masterclass in Chicago is a one-day intensive course offered by the Knowledge Academy, designed to provide a comprehensive understanding of effective budgeting strategies in the realm of marketing. In today's competitive business landscape, where every marketing decision impacts the bottom line, mastering the art of budgeting is crucial.

Professionals across industries, especially those involved in marketing roles, should aim at mastering this course in Chicago to learn to optimize resource allocation, maximize returns, and enhance overall campaign effectiveness. Understanding marketing budgets is not only key for marketers but also beneficial for business owners and decision-makers who want to ensure their investments yield measurable results.

This 1-day training in Chicago equips delegates with practical skills to create and manage marketing budgets successfully. From identifying key budgeting components to aligning expenditures with strategic goals, delegates will gain insights that directly impact their organization's success. The Marketing Budget Masterclass combines theoretical knowledge with hands-on exercises, ensuring that delegates leave with actionable strategies to implement immediately.

Course Objectives

  • To comprehend the fundamental elements of marketing budgeting
  • To learn techniques for allocating resources based on campaign priorities
  • To understand the role of data analytics in optimizing marketing expenditures
  • To explore case studies illustrating successful budget management in diverse industries
  • To gain proficiency in creating comprehensive marketing budgets that align with organizational goals
  • To develop skills in adapting budget strategies to evolving market trends

Upon completion of the Marketing Budget Masterclass in Chicago, delegates will emerge with a finely tuned understanding of Marketing Budget principles, enabling them to make informed decisions, maximize ROI, and strategically allocate resources for impactful marketing campaigns. This course empowers professionals to navigate the complexities of budgeting in the marketing domain with confidence and competence.

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What’s included in this Marketing Budget Masterclass?

  • World-Class Training Sessions from Experienced Instructors   
  • Marketing Budget Certificate
  • Digital Delegate Pack

Why choose us

Our Chicago venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Chicago is on Lake Michigan in Illinois; it is among the largest cities in the U.S.A with a population of 2,635,352. Famous for it’s architecture and skyscrapers such as the iconic John Hancock Center, and the neo-Gothic Tribune Tower. Chicago is also renowned for its museums, including the Art Institute of Chicago. Since the mid 19th century, Chicago has been the centre of higher education and research with several universities such as; the University of Chicago; Illinois Institute of Technology; Northwestern University; Loyola University Chicago; DePaul University and University of Illinois at Chicago.

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Address

One Magnificent Mile
980 North Michigan Avenue
Suite 1400
Chicago
Illinois
60611

T: +1 7204454674

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Marketing Budget Masterclass | Marketing Training in Chicago. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Marketing Budget Masterclass | Marketing Training in Chicago, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Marketing Budget Masterclass | Marketing Training in Chicago FAQs

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The training fees for certification in Chicago starts from $1295
The Knowledge Academy is the Leading global training provider for .
Please see our courses available in Chicago
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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