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Holding Onto Your Marketing Budget in a Downturn

CFO News Room

The Mobile Marketing Association (MMA) has demonstrated the tight correlation between advertising spend and economic indicators like GDP growth by looking at historical data. But more importantly, marketers know from experience that when the economy turns, their budget is an easy target. Embrace speed and agility.

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How to Read a Budget vs Actual Report

Centage

Every business needs a budget — but having a budget is just the start. In addition to making a budget every month, quarter, or year, you also need to compare that budget to what your company actually earns and spends. A budget vs. actual statement lets you compare your projected expenses and income to reality.

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Google’s New Features Help Advertisers’ Products Stand Out In Search Results

PYMNTS

Google this week launched new features aimed at helping advertisers using the company’s services to make their products stand out in web search results and on other platforms. Advertisers will be able to tag ads with the new information. The advertising announcements were among several Google has made in recent days.

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Retailers Make Bigger Moves Into Experiential Digital Advertising

PYMNTS

The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. The deal is aimed at increasing Target’s digital advertising efforts. Amazon , which captures about half of all online sales, has been steadily growing its footprint in the digital advertising space.

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Retailers Make Bigger Moves Into Digital Advertising

PYMNTS

The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. The deal is aimed at increasing Target’s digital advertising efforts. Amazon , which captures about half of all online sales, has been steadily growing its footprint in the digital advertising space.

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Uber, Abiomed, Peloton, Carvana, Molson Coors and more

CFO News Room

Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock price, which is down nearly 50 percent for the year. . Johnson & Johnson is looking to boost growth at its medical devices unit after it completes plans for a spinoff of its consumer health business next year. Scott Olson | Getty Images.

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1,010: When SaaS Became His Native Language | Michael O’Grady, CFO, Permutive

CFO Thought Leader

Recognizing that the company’s executives had differing visions, he proposed skipping the annual budget process to focus on a 5-year integrated plan. The plan’s success ultimately contributed to Ellucian’s acquisition by TPG for $3.5 billion, demonstrating the power of cohesive strategic financial planning.

CFO 52