Tuesday, June 25, 2002
What's the Buzz?
P&G listed No. 2 advertiser in U.S.
By Cliff Peale, cpeale@enquirer.com
The Cincinnati Enquirer
Procter & Gamble Co. was the No. 2 advertiser in the U.S. in 2001, the trade journal Advertising Age reported Monday.
Ad Age said Cincinnati-based P&G spent $2.54 billion on U.S. advertisements last year, down 2.8 percent from 2000. That was behind only General Motors Corp., which Ad Age measured at $3.37 billion.
P&G has been holding its total marketing spending steady and pouring more of those resources into non-traditional deliveries like Internet marketing and direct mail.
Also were on the list were Federated Department Stores Inc. (No. 43 with $746.1 million in U.S. ad spending) and Kroger Co. (No. 60 with $511.6 million).
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