Monday, June 29, 2015

Which Watch Brands Spent the Most on Advertising in 2014?

More big spenders are spending more. That’s the situation with watch advertising in the U.S. market. Watch companies here spent an estimated $535.36 million on advertising in 2014, according to Kantar Media, which tracks advertising by brand for a range of products across all media channels. That’s an increase of 8.7 percent over 2103. It’s the first time spending has exceeded the $500 million mark. Five years ago, in the depths of the Great Recession of 2009, spending was $250.30 million, less than half of last year’s amount.

Another measure of the watch ad explosion is the amount required to make the list of Top 25 watch advertisers that we print annually (the latest appears in WatchTime’s July-August 2015 issue). In 2014, a brand had to spend $5.1 million to make the list. (Zenith spent $5.01 million and just missed the cut.) In 2013, $4.66 million got you into the Top 25. In 2012, Casio made it with $3.64 million. You’d only get to #39 with that amount in 2014. All told, 71 brands spent more than $1 million on watch advertising in 2014, up from 60 two years ago.

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