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Because they want to make sure they sell their product and get it sold at a good price.
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∙ 14y ago
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Why do companies spend money on advertising?
Companies spend money on advertising to raise awareness. They also are trying to persuade people to buy a particular product or service.
Why do companies spend money advertising?
Companies spend money on advertising to raise awareness. They also are trying to persuade people to buy a particular product or service.
Why companies spend money on advertising?
Companies want to influence consumer behavior through advertising.
What is the Average spend on advertising?
On average companies spend between 7 and 10% of their net profit on advertising. The average marketing budget is between 50 and 70,000 dollars.
What is the Conclusion about marketing in the overall business?
My conclusion has always been that most companies do not do it correctly. Most do not spend nearly enough.
How much do companies spend on marketing?
It is not unusal for a company to spend 10% of it's budgets on marketing. Smaller businesses have less resources avialable to them however.
How much money is spent on pharmaceutical marketing in Canada?
There is much controversy in pharmaceutical companies and their marketing. Many spend more on advertising than they do dollars for research. In 2004, pharmaceutical companies invested over $1.7 billion in advertising in Canada alone.
How much money do car company's spend on marketing?
The best marketing is the car itself on the road... Chao
What is a non marketing oriented orgsnization?
A non-marketing oriented organization is one that does not rely on marketing for its prosperity. It does not spend any money on marketing campaigns.
Why do companies spend money on advertising?
Companies spend money on advertising to raise awareness. They also are trying to persuade people to buy a particular product or service.
Why do companies spend money advertising?
Companies spend money on advertising to raise awareness. They also are trying to persuade people to buy a particular product or service.
How much companies spending on marketing?
It is not unusal for a company to spend 10% of it's budgets on marketing. Smaller businesses have less resources avialable to them however.
Were does the largest percent of your money go that you spend on gas?
Your money goes to the oil companies.
Why companies spend money on advertising?
Companies want to influence consumer behavior through advertising.
What is the Average spend on advertising?
On average companies spend between 7 and 10% of their net profit on advertising. The average marketing budget is between 50 and 70,000 dollars.
What is the Conclusion about marketing in the overall business?
My conclusion has always been that most companies do not do it correctly. Most do not spend nearly enough.
Which of the following explains why companies spend money on advertising?
Companies want to influence consumer behavior through advertising.
