Let $f:G\to \mathbb{C}$ be a finitely supported functions and let $m_f$ denote the associated multiplier on $C^*_r(G)$, the reduced group $C^*$-algebra: $$m_f(\alpha)(g)=f(g)\alpha(g)$$ for every $\alpha\in C^*_r(G)$. We can look at two natural norms of $f$: - the completely bounded norm $\Vert f\Vert_{cb}$ of $f$ as a multiplier on $C^*_r(G)$ - the multiplier norm $\Vert f\Vert_m$ of $f$ viewed as a bounded linear operator on $C^*_r(G)$. In general, $$\Vert f\Vert_m\le \Vert f\Vert_{cb}.$$ Is there anything else known about the relation of these two norms? For instance, are there examples with $\Vert f\Vert_{cb}=1$ and $\Vert f \Vert\to 0$? Or should they be equal in some cases? I would be grateful for either an answer or direction where to look for this in the literature.