Setting Your Marketing Budget in the UK Commercial Property Market: A Practical Guide
In the competitive world of UK commercial property, visibility is everything. Whether you’re launching a new office development, leasing a retail space, or selling a mixed-use scheme, strategic marketing can be the difference between a slow burn and a swift transaction.
But when it comes to planning your marketing spend, the question we hear most often is: “How much should we be investing?”
Here’s a practical guide to help you set a realistic, effective marketing budget that aligns with your goals—and gets results.
1. Start with Your Commercial Objectives
Your marketing budget should be proportionate to your overall goals. Are you aiming for maximum visibility across a national market, or are you focused on filling units in a specific region? Launch campaigns for flagship developments will naturally demand more investment than ongoing marketing for well-known assets.
A few questions to consider:
- What’s the total value of the property or portfolio?
- Are you targeting tenants, investors, or buyers?
- What’s your ideal timeframe for lease-up or sale?
As a general rule, allocating 1-3% of your property’s projected value or rental income towards marketing is a good starting point—but this can vary based on the type of campaign and how aggressively you want to position your asset.
2. Understand the Channels That Work
In today’s market, a multi-channel approach is essential. Here’s where your budget might go:
- Branding & Design: High-quality brochures, signage, hoardings, and identity work to set your asset apart.
- Digital Marketing: SEO-optimised microsites, email campaigns, and paid ads to reach active occupiers and investors.
- PR & Content: Press releases, thought leadership, and market updates to build credibility.
- Photography & Video: Professional imagery, flythroughs, and drone footage to showcase the asset visually.
- Social Media: Targeted campaigns across LinkedIn and Instagram for audience engagement and lead generation.
When you work with a dedicated property marketing agency like ours, we help you prioritise channels based on your audience and budget, ensuring no spend is wasted.
3. Factor in the Lifecycle of the Asset
Marketing is not a one-off exercise. Different phases of a property require different levels of investment:
- Pre-Launch: Branding, teaser campaigns, planning visuals.
- Launch: Digital campaigns, agent engagement, event support.
- Ongoing: Refreshed listings, news stories, social media.
- Disposal/Exit: Investment packs, performance stats, and final push campaigns.
Building a phased marketing plan helps smooth out costs and ensures consistent visibility throughout the asset’s lifecycle.
4. Measure, Optimise, Repeat
The beauty of digital marketing is its measurability. We work with clients to track engagement, leads, and conversion so we can tweak campaigns for maximum impact. This data also helps inform future budget decisions and improve ROI over time.
5. Get Expert Help Early
Marketing budgets are most effective when planned alongside your wider strategy—not after the fact. Bringing in your marketing team early ensures everything from signage to press coverage is aligned and impactful from day one.
At Blaze, we specialise in marketing UK commercial property with tailored campaigns designed to match your goals—and your budget. Whether you’re planning a new launch or revitalising an existing asset, we’re here to help you make every pound count.
Ready to set a smarter marketing budget?
Get in touch with our team to start planning your next campaign.