P&G increases print ad spending at the cost of TV advertising

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In a stunning development, P&G has decided to increase its spending on print advertising and reduce its spending on TV advertising. The decision came at a time when print advertising was reeling under constant threat of continuing decline in ad revenue, which was a matter of survival and death. Beyond doubt, this decision is not actually great in force that can change the face of print advertising but it indeed signaling towards a reversal of ad spending trend and revival of old media.

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Further, if the recent Google’s decision of entering into offline media advertising taken into consideration along with the mild reversal of ad spending into print media at boardrooms of few companies, there is certainly a smart chance of revival of print advertising.

According to Advertising Age, P&G’s print ad spending now accounts for 28.2 percent of $1.6 billion first half outlay to strip its TV ad revenue. However, TV ad spending remains as the major ad expenditure for the company whereas company’s online spending maintains its level at 1.4 percent.

Via Advertising Age

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