3 ms·
My argument is that you are not alone: people in the industry don't have much else to go on either. Marketing performance is an incredibly confoundable variabl
by thomastjeffery 4y ago
My argument is that you are not alone: people in the industry don't have much else to go on either.
Marketing performance is an incredibly confoundable variable.
For example, I have heard one commercial at least 5 times in the last week: advertising open positions at McDonald's. Part of that very commercial stated that, "1 in 8 people have worked at a McDonald's." I am literally one of those people! How could anyone possibly measure the effectiveness of that commercial? Is it even meant to be effective at all?
The overwhelming majority of advertising I see is from "household name brands". The notion I have heard is that the goal is not to introduce themselves to new customers, or even drive more traffic to their brand: it's to keep their status as a "household name". Do they do this because it is effective, or because they are simply big enough to afford it?