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Holding Onto Your Marketing Budget in a Downturn

CFO News Room

The Mobile Marketing Association (MMA) has demonstrated the tight correlation between advertising spend and economic indicators like GDP growth by looking at historical data. But more importantly, marketers know from experience that when the economy turns, their budget is an easy target. Embrace speed and agility.

Budgeting 130
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HUL steps up its advertising budget, raises outlay by Rs 679 cr in Q2

CFO News

HUL is not alone, with other leading stock exchange-listed consumer goods companies such as Colgate-Palmolive and Marico also expanding their advertising spend by 26-32% year-on-year in the September quarter.

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How to Read a Budget vs Actual Report

Centage

Every business needs a budget — but having a budget is just the start. In addition to making a budget every month, quarter, or year, you also need to compare that budget to what your company actually earns and spends. A budget vs. actual statement lets you compare your projected expenses and income to reality.

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Advertisers Abandon Google For Amazon

PYMNTS

Amazon is getting a leg up over Google when it comes to advertising, with CNBC reporting that some advertisers are moving more than half of their budget earmarked for Google to the eCommerce giant. For this year it is estimated it will control 37 percent of digital advertising budgets. billion in revenue.

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Google’s New Features Help Advertisers’ Products Stand Out In Search Results

PYMNTS

Google this week launched new features aimed at helping advertisers using the company’s services to make their products stand out in web search results and on other platforms. Advertisers will be able to tag ads with the new information. The advertising announcements were among several Google has made in recent days.

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Retailers Make Bigger Moves Into Experiential Digital Advertising

PYMNTS

The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. The deal is aimed at increasing Target’s digital advertising efforts. Amazon , which captures about half of all online sales, has been steadily growing its footprint in the digital advertising space.

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Retailers Make Bigger Moves Into Digital Advertising

PYMNTS

The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. The deal is aimed at increasing Target’s digital advertising efforts. Amazon , which captures about half of all online sales, has been steadily growing its footprint in the digital advertising space.