4 ms·
The second sentence makes an error. "Advertising remains useful to firms only as a tool for persuading consumers to purchase advertised products." is not true a
by jp555 6y ago
The second sentence makes an error. "Advertising remains useful to firms only as a tool for persuading consumers to purchase advertised products." is not true at all. Only ~10% of advertising dollars are spent on Direct Response advertising.
~90% of the ~$500B/year spent globally on advertising is Brand advertising.