Published on April 23rd, 2010 | by Biz Books
Guest Post: “Jon Reiss’ TOTBO Tip of the Day 5 – Budget for Distribution and Marketing”
In order to successfully execute a marketing plan for your film, a budget must be developed in tandem with your production budget. This is not an optional expense to be decided at the end of post production. A marketing and distribution budget is a tool that balances what needs to be spent against what can be afforded, and helps make choices about which methods will be priorities and which ones cannot be implemented due to cost. A well-analyzed, affordable budget will help to focus achievable marketing efforts without wasting time and money. Doing this will also make it seem that you have a sense of how you are going to make your investors money back (and that you care).
Next week’s tips will expand on this topic – to help you navigate this process.