How much importance is placed on advertising to influence our various choices?
1.Overall advertising revenues(U.S) for 2005 totalled $12.5 billion which shows just how much importance and reliance major companies place on advertising and influence
2.In 2006, the amount of money spent on advertising was upped 10% to $140 billion dollars in the United States alone.
3. In 2007, spending on advertising was estimated at more than $150 billion in the United States and $385 bullion worldwide which shows a steady increase in the amount of money spent on advertising over the years.
4. 72% of advertisers renew their ads monthly because of successful or bad results.
5. A company recently conducted a survey and found that place mat advertising yeilds many more results than newspaper, radio, tv and even billboard advertising put together; and costs only about 1/10 of the price.
6. In the 1960's, average advertisements ran for about 1 minute whereas currently the average ad runs for 15-30 seconds
all these facts and statistics show just how much large companies rely on influencing peoples decisions.
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