During a 2022 study conducted among consumer packaged goods manufacturers, it was found that CPG companies planned to dedicate 19 percent of their digital marketing budgets to SEO/search ads in 2023. The same share was anticipated to be allocated to social media advertisements. Banner ads came next, grabbing 17 percent of CPG digital marketing share.
Distribution of CPG manufacturer digital marketing spending in the United States in 2023, by type
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Cadent Consulting. (December 7, 2022). Distribution of CPG manufacturer digital marketing spending in the United States in 2023, by type [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1399829/cpg-manufacturer-digital-marketing-budget-allocation-usa/
Cadent Consulting. "Distribution of CPG manufacturer digital marketing spending in the United States in 2023, by type." Chart. December 7, 2022. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1399829/cpg-manufacturer-digital-marketing-budget-allocation-usa/
Cadent Consulting. (2022). Distribution of CPG manufacturer digital marketing spending in the United States in 2023, by type. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1399829/cpg-manufacturer-digital-marketing-budget-allocation-usa/
Cadent Consulting. "Distribution of Cpg Manufacturer Digital Marketing Spending in The United States in 2023, by Type." Statista, Statista Inc., 7 Dec 2022, https://www.statista.com/statistics/1399829/cpg-manufacturer-digital-marketing-budget-allocation-usa/
Cadent Consulting, Distribution of CPG manufacturer digital marketing spending in the United States in 2023, by type Statista, https://www.statista.com/statistics/1399829/cpg-manufacturer-digital-marketing-budget-allocation-usa/ (last visited November 03, 2024)
Distribution of CPG manufacturer digital marketing spending in the United States in 2023, by type [Graph], Cadent Consulting, December 7, 2022. [Online]. Available: https://www.statista.com/statistics/1399829/cpg-manufacturer-digital-marketing-budget-allocation-usa/