Showing posts with label Marketing. Show all posts
Showing posts with label Marketing. Show all posts

Oct 21, 2016

Food Marketing Expense

Seventy percent of food manufacturers’ marketing budgets goes to trade promotion fees, which is money paid to supermarkets to obtain better product placement and promotion. The other thirty percent is for advertising and product packaging.


Brand awareness only goes so far and packaging, a fine art, is used to entice us to buy, but ultimately we are swayed by what is in front of us. Beauty really is in the eye of the beholder and we buy what we see first in the store.