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HomeMy WebLinkAboutMINUTES Advertising and Public Relations Committee 1986-10-22BRADFORD PUBLISHING CO. RECORD OF PROCEEDINGS Advertising and Public October 22, 1986 Committee: Attending: Also Attending: Relations Committee Chairman Barker, Trustees Hix and Laing All Mayor Dannels, Trustees Brown and Habecker, Town Administrator Hill, Peter and Maureen Marsh, Scott Webermeier, Barry Myers, Andy Schneidkraut, Clerk O'Connor Absent: None 1987 ADVERTISING BUDGET REQUEST: Mr. Peter Marsh, Chairman/Chamber Advertising Committee, present- ed the 1987 Advertising Budget Request. The following informa- tion was presented: Conversion Study Findings: Total number of inquiries 16,021 Total number of parties visiting 5,611 Average expenditure/party $ 328 Estimated total expenditures $1,854,400 Sales tax revenues (4%) $ 74,175 Cost of program $ 35,008 Dollar return to Estes Park/dollar spent $ 51.44 In comparing Sales Tax revenues, the following information was obtained: Colorado Springs +16% Durango +16% Grand Lake +1.33% Jackson Hole Even or under '85 Royal Gorge Steamboat Springs +8.3% Free exposure, totaling approximately $497,160, was performed by the Coors Classic, radio, television, magazines and newspapers. The "taffy pull" promotion was very successful; cost of the project was $2,235.00. In preparing the 1987 budget, two main topics were considered: maintenance - the Town must maintain its presence in the market place and take advantage of the growth; expansion - the AAA mailings should be increased from two to three for an additional expenditure of $5,000 and the front -range newspaper inserts should be increased from two to four for an additional expendi- ture of $18,000. Town Administrator Hill reported the Coors Classic has requested $10,000 in lieu of $8,000. The Chamber budget included an expenditure of $9,000. Following is a summary of the 1987 Marketing Program Budget Request: Support Programs (inquiries, brochures, Coors Classic,video production/distribution, logo $ 78,600 design) Travel and Events Programs (tour book ad, press kit, tour broker/travel market, tour manual, event advertising support, Christmas Pageant production, familiarization tours) $ 42,050 BRADFORD PUBLISHING CO. RECORD OF PROCEEDINGS Advertising & Public Relations Committee - October 22, 1986 —.Page 2 Direct Consumer Advertising Programs (television, newspaper inserts, national/regional magazine advertising) $177,500 $298,150 Plus additional $1,000/Coors Classic 1,000 $299,150 With regard to various festivals, the Chamber Advertising Commit- tee recommended subsidizing the Coors Classic and Christmas Pageant. Chairman Barker commended the Chamber Advertising Committee for their diligent effort in presenting the 1987 budget requests and promoting Estes Park. The Committee recommends the 1987 budget recommendation be taken under advisement. ickie O'Connor, Town Clerk O'Connor, Town Clerk