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These are the 10 companies that spend the most on advertising

That’s a lot of cash.

COLLECTIVELY, THE TOP 200 advertisers in the United States spent a record $137.8 billion on advertising in 2014, up 2% year on year, according to Ad Age’s annual “200 Leading National Advertisers” report.

But while this reads like promising news for the advertising sector, the growth rate was the lowest since the ad market recovery began in 2010, according to the report, which notes that leading advertisers are striving to make their media buys more efficient.

Overall, there were 38 marketers that spent more than $1 billion on advertising in the US alone last year. Here are the top 10 biggest spenders.

10. Disney – $2.1 billion

10-walt-disney-company-ad-spend-up-74-to-21-billion-the-company-spent-big-on-marketing-its-box-office-phenomenon-frozen-with-fresh-content-and-merchandise-long-after-its-2013-opening Source: Disney

The company spent big on marketing its box office phenomenon “Frozen” with fresh content and merchandise long after its 2013 opening.

9. L’Oreal – $2.2 billion

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The report notes that many of the brands that grew the fastest for the company in 2014 actually had very low or no ad spend — such as Kiehl’s, Urban Decay, and NYX. In April, the company’s US division launched a review of all its media, with a decision expected by the end of the year.

8. Fiat Chrysler – $2.2 billion

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Fiat launched a number of high-profile campaigns in 2014, including its “Fix It Again, Tony” ad (a derogatory acronym that was once widely used to describe the quality of its cars) and a big push for its Fiat 500 minicar starring Sean ‘Diddy’ Combs.

7. American Express – $2.4 billion

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One of its most memorable campaigns from 2014 was an ad starring Tina Fey to introduce its new EveryDay credit card.

6. Ford – $2.5 billion

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Activity from Ford’s marketing department last year included its pre-game Super Bowl spot starring actor James Franco.

5. Verizon Communications – $2.5 billion

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Last year Verizon famously launched a content marketing site called SugarString, but shuttered it just two months later.

4. Comcast – $3 billion

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For Comcast, 2014 was a year marred with criticism of its customer service. Nevertheless, the company still spent big on ads in 2014, including its Star Trek-themed Super Bowl spot.

3. General Motors – $3.1 billion

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One of GM’s stand-out campaigns last year was a spot for its Chevrolet brand, featuring a gay couple in its TV ads for the first time. The same brand also cut a product placement deal with Disney’s Marvel Studios to feature its vehicles in “Captain America: The Winter Soldier.”

2. AT&T – $3.3 billion

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Last year it phased out its long-running “It’s Not Complicated” campaign in favor of a new “Better Network” messaging, swapping kid brand ambassadors for geeks called “The Network Guys.”

1. Procter and Gamble – $4.4 billion

Source: Always/YouTube

The pharmaceutical company is the world’s largest advertiser.

The company is also shifting huge amounts of its budget to digital advertising, because it believes online ads deliver a higher return on investment than TV or print. One of its most popular campaigns of last year was its Always #LikeAGirl spot, which has been viewed on YouTube more than 58 million times.

Read: Bus company drops ad campaign that had topless woman with “Ride me all day” sign

Read: 11 legendary moments in Irish advertising history

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Published with permission from:

Business Insider
Business Insider is a business site with strong financial, media and tech focus.

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