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I think its fair to say that the reasons a rocket company does not need to advertise dont apply to companies that people buy weekly/monthly on a grocery store s
by handmodel 5y ago
I think its fair to say that the reasons a rocket company does not need to advertise dont apply to companies that people buy weekly/monthly on a grocery store shelf.
Besides, the advertising budget of other government contractors/satellite companies is also close to zero.
The better question is "If I ran Pepsi today - would I drastically lower the advertising budget". I'm not sure what my move would be but I don't think looking at short term ROI of TV ads would be informative.
- btilly 5y agoAnd yet https://cometcleaner.com/ https://cometcleaner.com/ is an enduring consumer brand that has been around for decades and does basically no advertising. A story that I remember from the 80s is that the brought in a consultant to improve sales. Rather than advertising, they opted to add one more hole to their cans. Sales went up 20%.
- echelon 5y ago> rocket company does not need to advertise dont apply to companies that people buy weekly/monthly on a grocery store shelf. Starlink? That's consumer-facing.
- handmodel 5y agoI think if we get to the point where they are trying to get people to switch their cell phone or internet plans - they will do more traditional tv/online advertising. That being said - I don't think a successful one-time advertising push by a completely new field speaks to the long-term benefits of it once they (presumably) become established.
- sumtechguy 5y agoAlso Tesla does not 'need' to advertise, yet. It is effectively advertised by everyone for Elon for near 0 dollars. Launch a rocket (different company) the article will mention Tesla for them. Talk about saving the environment guess who gets mentioned. Talk about power needs, Tesla comes up as cars are becoming a large consumer of electricity, solar, coal, nuke, etc. His advertising is basically being done for free by companies who do not even really realize it.