During an early 2023 survey among marketing leaders from for-profit companies in the United Kingdom, respondents reported that, on average, marketing budgets increased by 4.5 percent in 2022. In 2021, the respective change was 4.77 percent. However, in 2021, on average, marketing budgets decreased by 17 percent.
Change in marketing budgets in the United Kingdom from 2020 to 2023
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The CMO Survey. (March 24, 2023). Change in marketing budgets in the United Kingdom from 2020 to 2023 [Graph]. In Statista. Retrieved April 30, 2024, from https://www.statista.com/statistics/1378315/change-marketing-spending-uk/
The CMO Survey. "Change in marketing budgets in the United Kingdom from 2020 to 2023." Chart. March 24, 2023. Statista. Accessed April 30, 2024. https://www.statista.com/statistics/1378315/change-marketing-spending-uk/
The CMO Survey. (2023). Change in marketing budgets in the United Kingdom from 2020 to 2023. Statista. Statista Inc.. Accessed: April 30, 2024. https://www.statista.com/statistics/1378315/change-marketing-spending-uk/
The CMO Survey. "Change in Marketing Budgets in The United Kingdom from 2020 to 2023." Statista, Statista Inc., 24 Mar 2023, https://www.statista.com/statistics/1378315/change-marketing-spending-uk/
The CMO Survey, Change in marketing budgets in the United Kingdom from 2020 to 2023 Statista, https://www.statista.com/statistics/1378315/change-marketing-spending-uk/ (last visited April 30, 2024)
Change in marketing budgets in the United Kingdom from 2020 to 2023 [Graph], The CMO Survey, March 24, 2023. [Online]. Available: https://www.statista.com/statistics/1378315/change-marketing-spending-uk/