McKinsey confirms advertising fuelled 15% growth in GDP in G20
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26/04/2012
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McKinsey & Company has published a research paper demonstrating how advertising stimulates economic growth. Its research showed that advertising has fuelled about 15% of growth in GDP for major G20 countries over the past decade. In some countries, the growth may be as high as 20%.
McKinsey also found that at a micro-economic level, a company's investment in digital advertising is correlated with better relative growth and profitability than its competitors.
To read the full paper, please click here.
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McKinsey also found that at a micro-economic level, a company's investment in digital advertising is correlated with better relative growth and profitability than its competitors.
To read the full paper, please click here.
Sign up to monthly WFA news