Eight major political parties spent over 3.4 million euros on their campaign for the March state elections. The amount each party spent varied significantly, with some focusing heavily on posters, others on media coverage, and still others on printed materials. When comparing the expenditure to the number of votes received, the rankings changed considerably. The campaign for the March state elections was costly for the largest parties, with the highest expenses recorded by Freedom Movement and SDS. Freedom Movement reported spending 667,942.70 euros, while SDS spent 665,178.01 euros. Both parties were very close to the legal maximum spending limit of 679,340.80 euros, which means they used more than 97 percent of the allowed budget. Following them were the NSi, SLS, FOKUS alliance with 607,595.69 euros, the Democrats led by Anže Logar with 589,649.38 euros, and SD with 475,787.45 euros. Left and Vesna spent 198,634.85 euros, Prerod 149,546.88 euros, and the smallest among the analyzed parties, Resni.ca, spent 113,377.08 euros. Altogether, the eight parties spent approximately 3.47 million euros on their campaigns. There were notable differences in how each party conducted its campaign. SDS focused primarily on posters, allocating nearly 60 percent of its total campaign budget, 396,732 euros, to this area. It spent 171,741 euros on media advertising and almost 95,000 euros on organizing rallies, leaving just 745 euros for printed or other pre-election materials. Freedom Movement distributed its funds more evenly, spending 198,014 euros on posters, 193,067 euros on media, 148,009 euros on printed materials, and nearly 89,201 euros on strategy and consulting services. NSi, SLS, FOKUS allocated the largest share of its budget to media advertising and posters, around 208,000 and 202,000 euros respectively. Democrats had a different approach, dedicating the largest portion of their budget to printed and other pre-election materials, 257,739 euros. They spent 217,730 euros on posters and only 52,615 euros on media advertising. Smaller parties followed similar patterns but with much smaller sums. For example, Resni.ca allocated approximately three-quarters of its entire budget, 84,488 euros, to posters, spending only 4,567 euros on media advertising. This results in a variety of campaign models, ranging from the highly poster-focused strategies of SDS and Resni.ca to the more diversified approach of Freedom Movement and the strong emphasis on printed materials by the Democrats. When comparing the expenditure per vote, the picture changes again. Resni.ca spent the least amount per vote, using an average of 1.75 euros per vote for the 64,799 votes it received. Freedom Movement came second with 1.98 euros per vote, followed by SDS with 2.02 euros and Left and Vesna with 2.96 euros. The difference becomes more pronounced further down the list. Prerod spent 4.16 euros per vote, NSi, SLS, FOKUS 5.56 euros, SD 6.01 euros, and the Democrats 7.47 euros per vote. At first glance, Resni.ca appears to be the winner in terms of cost-effectiveness. With only 113,000 euros, it secured nearly 65,000 votes and won five parliamentary mandates. In contrast, the Democrats spent nearly 590,000 euros to secure about 79,000 votes and also won six mandates. However, the cost per vote is not a complete measure of campaign success. Parties enter elections with varying levels of recognition, infrastructure, and voter bases, and the outcome depends on many other factors. This figure mainly indicates how much campaign money was spent per vote on average, rather than how many votes a party actually bought through its campaign. Despite these figures, interesting patterns emerge. Freedom Movement and SDS together spent over 1.33 million euros, both staying very close to the legal spending limit. Yet, despite this high expenditure, the actual outcomes of their campaigns remain to be fully evaluated.
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