Entertainment & Arts

How much money does the advertising industry spend each year?


Top Answer
User Avatar
Wiki User
2011-08-21 12:49:30
2011-08-21 12:49:30

In 2010, internet advertising alone was over $26 billion (that is $ 26,000,000,000).1 The same year, television advertising was over $ 50 billion (Ad Age). These figures do not include magazines, newspapers, billboards, product placement, pre-movie commercials, and branding & marketing expenses.


Related Questions

Approximately two billion dollars is spent on advertising each year by the alcohol industry. Much of this advertising is done during sporting events.

Nike spend aproximately $2 Billion a year on advertising!

How much time on the internet spend a civilian from the usa?

1,000,000,000,000 that's how much if you ain't cheap

To get consumers to spend billions MORE on their client's products.

Canadians spend 7 billion dollars each year on diet and exercise in Canada. In the U.S., it is a 55 billion dollar industry.

Apple is an industry leader in electronics and earns billions of dollars each year. Apple spends approximately $900 million to advertise its products annually.

we spend money on clothes now !! NOT TOYS

Every year sports advertisers spend around 400 dollars to advertise every commercial. But annually about 400,000.

. According to TNS Media Intelligence, since 2001 KFC has spent between $213 and $238 million on advertising each year.

They spend 40,000 on cigerettes

Advertising is a fixed cost. Many business allocate money to each quarter to cover their advertising cost for their company.

The average national amount of money that teen consumers spend each year is approximately $62,000,000.

Depends on hundreds of factors that can not be known by anyone but top management at General Motors. For example, they spend a much different amount on advertising for each vehicle type. They also change their advertising expenditures dozens of times a year. They also spend money to place advertising in 100's to 1000's of different locations, some just for GM "the company" some for the product lines "Pontiac" or "Chevy", some for the cars themselves. In short, no one knows the per car advertising expenditure (outside of the top management).

Define average, mine doesn't spend any money on candy each Halloween.

There are numerous ways to make money on the internet through advertising. Simply advertising products online will generate more interest and sales thus allowing one to make more money. One can also generate money through each hit to their website by advertising on other sites or through sites like Google.

how much money is spend on liposuction

How many dollars do tourist spend each year in Australia ? 41 thousand

About $142,050 each year. For an addict.

In 1997, America spent $9 billion on film production, triple the amount that any other country in the world spent.

McDonlald's spends over 2 billon dollars ever year on advertisment.

This is one of the most common questions people ask. How much money should you spend on advertising? Some consultants will throw you a number like 8-10% of revenues. Some people would say that you need to spend whatever your competitors spend. Others will tell you that you should only spend what you can afford. There is also another school of thought that says you should determine your goal, and set the budget according to the goal.No wonder why people get confused. Yes, there are lots of ways to determine your advertising budget, and each method works better than others in different types of industries, and different sizes of companies. For service businesses with annual revenues of $200,000 to $5,000,000, the method that works the best is 1-5% of revenues. You should spend 1 to 5% of your revenues on advertising.This number is lower than what others might tell you, which is often times 8-10% of revenues. Why do we tell you to only spend 1-5% of revenues on advertising? Because there are other ways to market your business, and advertising is only one way to do it. You might need to re-design your web site to keep up with the times. You might need to create a referral contest to reward the customers that give you the most referrals. You might offer to treat every employee to dinner if customers rate you an average of 90% or above on your customer satisfaction survey. All these marketing activities require money, and they are in addition to your advertising budget.That's why we only tell you to spend 1-5% of your revenues on advertising. This leads to the question…When should you spend only 1%, and when should you spend 5%? Here's the answer. If you want slow, steady growth, spend 1% of your revenues on advertising. If you want fast, steady growth, spend 5% of your revenues on advertising. None of these will make your company grow too fast. Your growth should be steady whether you spend 1% or 5% on advertising. So it comes down to how aggressive you want to be. If you want your company to experience fast, steady growth, put 5% of your revenues into advertising. If your goal is slow and steady growth, 1% of revenues would be enough.There is something you need to watch out for, however. Just because you've spent 1-5% of your revenues into advertising does not necessarily mean that you've done a good job at advertising. You have to direct the money into effective advertising programs! There are some business owners that look at their advertising budget and say, "Hey! I've spent 5% of my revenues on advertising. That means I am doing a good job!" Well, not necessarily. Are they spending 5% of their revenues into effective advertising, or are they just wasting this money?

the united states spend 2.112 trillion dollars each year on imported foods

Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.