Monday July 14th 2008
Advertising is the best most cost effective tool available to marketers in expanding markets, far more so than in static or declining markets
An unambiguous conclusion reached from my work not only in established markets but also in expanding markets, is that
advertising is more effective in attracting non customers to buy for the first time, than it is in getting existing customers to buy again. But never overlook the value of advertising in justifying those higher prices and better margins in established markets; (#8 of our "25 Things.." refers)
When marketers launch a completely new brand or new proposition, they have ...
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