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Most small businesses should allocate between 2 and 3 percent of revenue for advertising. That number should increase as the business grows.

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10y ago

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Advertising is the main source of revenue for which industry?

Advertising is the main source of revenue for the media and entertainment industry. This includes television, radio, online platforms, and print media, which rely heavily on ad placements to generate income. Additionally, social media platforms and digital content providers also depend on advertising to monetize their services. Overall, advertising plays a crucial role in sustaining these industries financially.


Advertising benefit only the big companies?

False !... ANY company that advertises its services or products to the general public - has a better chance of increasing their income than one that doesn't ! Even a 'one-man operation' will make more money by advertising !


What industries use advertising for their main source of revenue?

Several industries rely heavily on advertising as their primary source of revenue, including media and entertainment, where television networks, radio stations, and online platforms generate income through ad sales. The consumer goods sector also heavily invests in advertising to promote products and drive sales. Additionally, social media companies and digital platforms monetize user engagement primarily through targeted advertising. Lastly, the automotive and retail industries leverage advertising campaigns to attract customers and boost sales.


What is the nature and scope of advertising in consumer behaviour?

Survey takers consider age, gender, education, income, geography, religion, and line of work among many other indicators.


How does advertising effect consumer demand?

The question of advertising's effect on total consumer demand is extremely complex. Numerous studies show that promotional activities does affect aggregate consumption, but they disagree as to the extent. Many social and economic forces, including technological advances, the population's educational level, increases in population and income, and revolutionary changes in lifestyle, are more significant. for example, the demand for cellular phones, CD Players, and personal computers expanded at a tremendous rate, thanks in part to advertising but more to favorable market conditions. At the same time advertising hasn't reversed declining sales of such items as hats, coats and manual typewriters.

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Flat tax.


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Investopedia advises that the principal, interest, taxes and insurance should not exceed 28% of your gross income.


What is a taxation strategy when the consumer pays a specific percentage of their income towards taxes no matter what their level of income?

== == Flat Tax or also called a proportional tax.


What percentage of your gross income should go towards car payment?

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What percentage of your income should go towards a vehicle loan?

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Formula for net income percentage?

Net income percentage = Net income / Revenue


What does the media depend on for their income?

Most of the media depend on advertising for their income