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Marketers spent $233.7 billion on promotions
in 2002, compared with $211.7 billion on advertising, according
to the 2003 Promotion Trends report from Primedias Promo magazine
published in Business to Business. The study, which was conducted
in conjunction with the Promotional Marketing Association, found
that promotions are increasingly being used as branding, too.
-- PPBOnline, The Business Monthly of PPAI
http://www.ppai.org/Publications/PPB/Article.asp?NewsID=1896
To: http://www.ppai.org/Publications/PPB
The Promotional Marketing Association
(PMA) reports that promotion spending in the United States, exceeded
advertising spending in 2002. Claire Rosenzweig, CAE president,
PMA states that consumers are responding to promotions with
60% indicating that they have purchased a brand due to promotion
in the past 12 months. Promotions are drawing consumer attention
and engaging them on a personal level to forge a strong connection
with the brand, and drive sales.
-- PMA, Press Release (March 25, 2003)
http://www.pmalink.org/about/press_releases/release48.asp
To: http://www.pmalink.org/about/press_releases
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