This week, Team Behr worked on gaining some firsthand knowledge of our client's customers by doing some "secret shopping" at the client's store (The Home Depot) and a competitor's store. We also worked on pulling together some quotes so our contact, Lisa, can establish a budget.
As I wrote last week, we need to conduct market research on a very specific demographic group, and we've been asked not to use any Behr internal mailing lists. That means one of two things: trade organizations, or paying for responses. We have reached out to a trade group and may have some luck getting to survey their members, but otherwise, we're probably looking at several thousand dollars for a statistically significant survey.
Lisa has said she can give us a budget once we provide her with some pricing options, but I can't shake the feeling that she might not have bargained on a budget of thousands of dollars for "just a school project." This, of course, is nonsense of my own invention. There's no reason whatsoever that survey responses should be somehow less valuable when purchased by students, and Lisa certainly hasn't given us any indication that she thinks that's the case. And yet, I'm concerned that talk of a budget might put a strain on our cordial relationship.
It's always difficult to talk about money, isn't it?
But I suppose money is one of the unpleasant topics that a marketing manager must face in the real world. We provide a valuable service (that, if all goes well, will lead to the company making or saving millions of dollars), and we will require capital to do it. That's just how it goes, and so we might as well get used to having the discussion.
Still, I hope the trade organization comes through with their list. That'd be a win-win.
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