Samsung Marketing expenses
Marketing expenses of Samsung 2010-2018
The following table shows the marketing expenses of samsung (advertising and sales promotion costs) from 2010 to 2018. The sums are in Trillion Korean Won.
|YEAR||ADVERTISING EXPENSES (TRILLION KRW)||SALES PROMOTION (TRILLION KRW)|
|2018||4 Tr. KRW||7.1 Tr. KRW|
|2017||5.4 Tr KRW||7.3 Tr KRW|
Samsung is a major consumer electronics brand of the world. Apart from consumer electronics, it makes displays and semi conductors too. Being a global brand, it spends a large sum each year on marketing and promotions of its products. In 2017, Samsung spent 5.4 Trillion Korean Won on advertising whereas 7.3 Trillion KRW on sales promotions. Its advertising costs in 2016 were 4.4 Trillion Korean Won whereas sales promotions expenses were 7 Trillion Won.
About Samsung Electronics:
Samsung Electronics is an innovative South Korea based electronics company that deals in a broad range of products including Consumer electronics, IT & Mobile Communications, Device solutions semiconductor and Device solutions display. Samsung has a global presence and its operation network includes 217 worldwide operation hubs that include its headquarters in Suwon, South Korea. The brand also operates 15 Regional Offices in Korea, North America, Europe, Southeast Asia, Africa and other regions of the world. A leader in chip making and consumer electronics, the focus of Samsung is on sustainable innovation. Apart from that the brand has also brought a nice range of cyber security products and services to cater to the growing needs of cyber security. In the recent years, Samsung has enjoyed superior financial growth driven by growth in the sales of IT and mobile solution products, semi conductors and displays. recently it acquired Harman, a US based auto electronics and audio maker as well as Dacor, a US based high end kitchen appliances maker. During the past two years, it has also made major investments in IoT.
- Samsung Annual Reports