Tuesday, 14 February 2012
Nike's TV & press advertising budgets in the US have fallen, while marketing spend has risen
"Just try to recall the last couple of Nike commercials you saw on television. Don't be surprised when you can't. Nike's spending on TV and print advertising in the U.S. has dropped by 40% in just three years, even as its total marketing budget has steadily climbed upward to hit a record $2.4 billion last year. "There's barely any media advertising these days for Nike," says Brian Collins, a brand consultant and longtime Madison Avenue creative executive."
Source: Fortune, 13th February 2012