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Here in South Africa the figure is closer to 2% according to this article, although another study that analysed total marketing spend in SA for 2012 (and for the life of me I can't find this one on the web) put the digital channel spend at approximately R500 million, or 0.53% of the total marketing spend in SA.
Then to slice the cake up even further you also need to consider the split of spending across the various digital channels. Again, I could not quickly find an S.A. breakdown, but to give some idea of where the money is going, here is the US one:
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