In advanced economies, marketing costs only about 10 percent of each consumer's dollar.

Name: In advanced economies, marketing costs only about 10 percent of each consumer's dollar.
Brand: Quizplus
Rating: 4.7 (46 reviews)

Question

Quizplus · Accepted Answer

In advanced economies, marketing costs often account for a much larger portion of each consumer's dollar, sometimes up to or exceeding 50 percent, depending on the industry and product. This includes expenses related to advertising, distribution, and selling the product.

In Advanced Economies, Marketing Costs Only About 10 Percent of Each