Finally, more money is spent on ads for booze
Advertising spending on promoting alcoholic beverages could rise to $7.7 billion over three years from $6.6 billion last year.
Although alcohol brands spend twice the average on television, audience shrinkages by 2.4 per cent a year.
30 per cent of all alcohol advertising spending will be digital in 2023, while in 2019 it will be just 21 per cent.
Alcohol advertising in 12 key markets* will grow by 5.3 per cent in 2021, just above the 4.9 per cent average of the advertising market, after almost all of the brands involved are coming back from serious lows, reads Zenith, a business intelligence forecast from Publicis Groupe Hungary, a member agency of Publicis Groupe , which is known as alcohol: beers and spirits.
Related news
The rise of alcohol-free wines: dynamic growth and domestic successes
The non-alcoholic wine market has shown significant growth in recent…
Read more >What effect do popular drinks have on teeth? An American dentist’s experiment
According to the experiment, red wine turned out to be…
Read more >Changes to alcohol advertising rules from January 1, 2024
From January 1, 2024, significant changes will take effect in…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >