5 Companies That Shell Out Money Lavishly On Ads


BANGALORE: The companies are known to the world through their attractive, thought provoking or smart advertisements. The amount spend on ads are not just money for the companies, but it’s a mode to attract growing number of customers as well as representing the company in the market. Advertisements are great marketing strategy and stretching boundaries for companies and hence they help them reach the horizons might look impossible at once. Few companies spend heavily on advertisements for its development and growth. Let us have a look at some of the companies spending lavishly on advertisements according to The Richest.com.

#5 Verizon: Being on top and keeping an effort to be the winner is the mantra of Verizon, one of the largest Telecom and Internet service providers.

Verizon provides well-known brands like Apple, Blackberry, and iPhone to its customers along with providing services through Verizon Wireless Community. Initially Verizon spent$300 million on marketing strategies for its new brand, but later on; in 2012 it spent about $1.71 billion on ads. Not only they spend money on ads but also focused much on the quality of the ad delivered.

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