Quick Answer: What Industries Spend The Most On Marketing?

What is the world largest advertising agency?

WPP GroupThe Largest Advertising Companies in the WorldRankAgency NameHeadquarters1WPP GroupLondon2Omnicom GroupNew York3Publicis GroupeParis4Interpublic GroupNew York1 more row•May 7, 2018.

What industries spend the most on advertising?

Which U.S. Brands Are Spending the Most on Advertising?Samsung Electronics – $2.41 billion.Alphabet, Inc. – $2.41 billion.Charter Communications – $2.42 billion.Ford Motor Company – $2.45 billion.Verizon Communications – $2.64 billion.General Motors – $3.24 billion.Amazon – $3.38 billion.AT&T – $3.52 billion.More items…

Which industry is best for marketing?

Information on the Best Industries for Marketing JobsConsumer Services. The consumer services industry is, as its name implies, comprised of businesses that provide services to its customers. … Education. … Tech/Software/Biotech. … Consumer Packaged Goods. … Energy.

What do businesses spend the most money on?

Payroll costs – specifically human labor – are usually the largest expenses for a business. People can easily account for 70% of your company’s spending.

How much do big companies spend on marketing?

The latest CMO survey showed 9.8% of revenue for the average marketing spend, with B2C service companies devoting 15.6% of revenue to marketing, and B2B product companies spending only 8.6% of revenue. The Gartner CMO Survey shows similar numbers, with marketing expense budgets of 10.5% of company revenue.

What is Google main source of income?

Google’s main revenue source is advertising through Google sites and its network. In 2019, Google accounted for the majority of parent company Alphabet’s revenues with 113.26 billion U.S. dollars in Google website ad revenues alone.