Knowing what your company can afford to spend is critical for most any purchasing scenario. Shopping for branding and PR services is no different. Yet time and time again agencies and boutiques alike are faced with the prospect that does not have a budget fleshed out and ready to discuss.
Good agencies and boutiques specialize in developing custom plans and strategies designed to strike a client’s unique goals and objectives. For such agencies to truly help a potential client, understanding the budget constraint is one of the most important factors in crafting a successful program and scope of services. No two jobs are the same and pricing is seldom standardized. Firms that standardize pricing cannot be considered an ‘apples to apples” comparison to organizations that customize. Generally speaking, standardized pricing means cookie-cutter process with very little strategy and consulting to complement the final products or services delivered.