Advertising & Marketing Industry Overview

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Industry Description

Companies that provide advertising, marketing, and promotional services for other companies.

Summary

You might say these companies thrive in a commercial environment. The advertising and marketing industry encompasses a wide range of disciplines aimed at acquiring and retaining customers for corporate clients. Marketing professionals are responsible for creating the look and feel of a brand, both for companies and products, and developing the strategic ideas of how to engage and inform consumers about the brand.

Industry Trends

Consolidation

To provide a complete range of services to customers, the large advertising companies have been built by acquisition during the past decade. Rather than absorbing acquired agencies into a larger organization, the advertising companies operate them mainly as separate entities. Consolidation has been encouraged by the growth of customers and of large media companies, like Viacom and Disney.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Advertising & Marketing maps to a number of NAICS codes including:

NAICS
NAICS Title
Marketing Consulting Services
Advertising Agencies
Public Relations Agencies
Media Buying Agencies

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Advertising & Marketing industry.

Indicator
Total
NAICS Codes
14
Establishments
79,903
Sales, receipts or shipments ($1,000)
$115,228,948
Annual Payroll ($1,000)
$40,460,110
Paid Employees
1,158,504

Industry People



Industry Jobs

Vibrant Media - New York.NY
From Vibrant Media
Yahoo! Inc. - New York.NY
From Yahoo! Inc.
Cutting Edge Online Advertising Firm - San Francisco.CA
From TheLadders.com

Industry News