10 Marketing Statistics to Make Smart Marketing Decisions (Video Infographic)

keting is more than just a business. Marketing is key to successful businesses of all kinds. To make the most profit out of your business and brand, you must understand the numbers behind marketing. These statistics have changed how companies operate and advertise, so you need to know them if you want to learn from the best.

Companies’ total marketing expenditures (MEC) have increased over the past decade. In 2022, for example, MEC is expected to be $12.5 trillion, or about 10 percent of global gross domestic product (GDP). This represents a significant amount of money businesses can invest in marketing projects. As technology advances, marketing professionals must keep up with the latest trends to stay relevant to their audiences. Total marketing expenditure (MEC) is expected to reach $12.5 trillion in 2022, representing 10 percent of global GDP.

This “marketing” figure includes the cost of advertising and selling goods and services and the costs incurred in quality control and quality assurance. It does not include the cost of creating goods or providing services.

In our video below, we will highlight 10 key marketing statistics that will help you learn more about your next marketing campaign and which tactics are most efficient.

The 10 Marketing Statistics to Make Smart Marketing Decisions (Video Infographic) first appeared on Project Consultants, LLC | PC Social.

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