Document bB45kr6QEYpvgG50bYjn09oXk

TO: Mr. D. A. Merson f MEMORANDUM amo v ed ny; ^ESiiJiyc ?5 RE: Paint Advertising Budget for 1962 JAM q j . I am pleased to submit the Pajqt. Budget for 1962, both for the Eastern Group and for the Pacific __ The proposed magazine and newspaper schedule represents a reduction of about $116,000 from the amount approved and budgeted in 1961 for the same media. This helps compensate for the cost of the special direct mailing going out in April which runs $185,000. The above reduction in publication space coupled with the fact that space rates and production charges have increased 8 to 10 per cent since this time last year meant that, in order to maintain a comparable number of insertions to what we had in 1961, we had to go to half pages on about one third of the schedule. However, this gives us a schedule flexible enough to support regular house paint, latex house paint and Nalplex. Also there is one full page advertisement to appear in 28 Sunday papers featuring the new Decorator's Color Harmonizer book which we plan to sell to our dealers at cost. Most of these papers will carry name listings of dealers in the locality who have bought a supply of the book. As the figures show, the 1961 expenditure is below the budgeted amount. This is due in part to decreased dealer activity brought about by unfavorable business conditions during the first half of the year. Also in July, as is our annual practice, we took a look at our sales position, both actual and projected to the end of the year, to limit media expenditures to a reasonable percentage of sales. The result was that two scheduled pages of advertising were cancelled. In addition, plans for a fall promotion using news papers were dropped. . Submitted January 11, 1962 by T. Howard Sarine Advertising Manager ML 000040034 1962 PAINT BUDGET EASTERN GROUP 1 NL 000040035 N 26159.01 Page 1 MEDIA Magazines, Newspaper, Direct Mail, Business Papers McC alls American Home Better Homes Popular Mechanics Popular Science Mechanix Illustrated Readers Digest Look Look (regional) Post Post (regional) Extension Sunday (magazine) Newspapers Circulation Insertions 8,000,000 3 3, 750,000 4 5,700,000 5 1, 300,000 3 1, 250,000 3 1, 100,000 3 13,300,000 1 7, 000,000 2 3,000,000 3 7, 000,000 1 3,000,000 2 400,000 3 19,500,000 1 Not Yet Scheduled 74,300,000 34 Preparation Costs Less Pacific Coast Share Net Cost $ 85,462 67,483 127,417 14,495 10,690 8, 759 28,016 94, 702 61,092 43,498 47, 285 4, 000 61,000 15,000 $668,899 32,000 $700,899 94,000 $606,899 1 Painter and Dealer Magazines Space Placed Direct Preparation Costs Less Pacific -Coast Share $ 20,000 1,000 5,000 $ 26,000 3, 750 $ 22,250 Direct Mail Less Pacific Coast Share $185,000 50,000 $13*5, 00'0' NL 000040036 Page 2 *) Dealer Advertising, Promotional and Point-of-Sale Material Cooperative Advertising Classified Directories Booklets & Printed Matter Color Cards Trade Shows Window & Store Displays Store Signs & Decals $250,000 60,000 75.000 150,000 7, 500 50.000 40.000 $632,500 1 NL 000040037 Page 3 Contractural Agreements Factory Sign Maintenance $ 7,500 $ 7,500 Administrative Expense Association Memberships Personal and Travel Expense Office Expense Rent, Light, Heat Salaries Misc, Production Costs $ 2, 500 4, 000 2, 500 10,000 31, 500 2, 000 $52,500 1 ML 000040038 Page 4 Recapitulation and Comparison with 1961 (Eastern Group only) Media Magazine Space Magazine Prep. Costs Newspapers Trade Paper Space Trade Paper Prep. Costs Direct Mail Space Placed Direct Advertising Through Dealers Cooperative Advertising Classified Directories Booklets & Printed Matter Color Cards Trade Shows Window & Store Displays Store Signs & Decals Contractural Agreements Administrative Promotional Materials 1962 Request 1961 Approved Budget 1961 Expenditures (Estimated) $ 565,000 $ 589,415 $ 523,710 27, 000 42, 376 ^ 34,943 15,000 60,000/ 10,671 17,000 17, 000 13,230 4,250 / 135,000/ 4, 250 3,..6.7. 4 1,000 1,000 400 250,000 60,000 75,000 150,000 7,500 50,000 40,000 7, 500 52,500 $1,456, 750 266,500 60,000 45,000 175,000 10,000 50,000 54,000 10,800 ---52,500 $1, 437, 841 248,018 61, 594 46,770 ,, 157, 968 -i 7, 390 T 37,078 36, 473 11,219 47, 799 22, 942 $1,263, 879 ML 000040039 1962 PAINT BUDGET PACIFIC COAST NL 000040040 Page 5 Cooperative Advertising Direct Mail General Advertising Dealer Presentation Classified Directory Listings Displays & Exhibits Booklets & Folders Promotional Material Dealer Signs Company Store Signs Company Store Displays Company Store Advertising Color Cards Admini s trative Schorn Division National Lead Co. of Hawaii 1962 Request $ 52,500 45,000 133,200 6, 000 16,000 14,500 6,000 4, 000 18,000 3, 700 6,800 9, 100 70,000 39,800 $424,600 30,500 14,000 $469,100 1961 Budget $ 69,000 mm jjSf 133,000 L 6, 000 15,500 12,500 10,000 5, 000 16,000 7, 500 5, 500 8,000 90,000 37, 500 $415, 500 30,000 10,000 $455,500 1961 Expenditures ...$ 59,400 129, 300 A' 13,000 16, 000 19,000 20,500 5,000 18,000 5, 200 6, 800 15,000 70,000 34,500 $411, 700 26,750 9, 700 $448, 150 NL 000040041 Page 6 COMBINATION RECAP TOTAL PAINT BUDGET Eastern Group Pacific Coast Totals 1962 Request $1,456, 750 469,100 $1,925,850 1961 Budget $1,43 7, 841 455,500 $1,893,341 1 NL 000040042