E.L.F. Beauty Boosts Marketing Budget to 25% of Net Sales
- Miguel Virgen, PhD Student in Business
- Apr 1
- 2 min read
Updated: Apr 28
April (Doctors In Business Journal) - In a bold move that underscores its commitment to growth and market dominance, e.l.f. Beauty has significantly increased its marketing budget to 25% of net sales, a substantial rise from the 7% allocation five years prior. This strategic decision reflects the company's confidence in its marketing initiatives and their direct impact on revenue growth.
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