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Reputation: 642,713  •  Aug 24, 2023 4:53 PM
Rising raw material prices put a lid on FMCG ad spends in FY23
Rising raw material prices put a lid on FMCG ad spends in FY23
Although ad spends were lower in actual terms, they remained steady as a percentage of revenue. But companies are slowly ramping up ad spends to pre-COVID levels and FY 24 is expected to see a jump.
Moneycontrol

https://www.moneycontrol.com/news/business/rising-raw-mat...
#GODREJCP #BRITANNIA

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