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Why The Answer Is So Often Ads
Value of the Advertising Process
- The most valuable aspect of advertising might be the strategic thinking required to produce the advertisement itself, not the final product.
- This process forces businesses to address fundamental questions about their purpose, differentiation, and value proposition.
- Rushing to a cheap, adequate result via AI shortcuts
Uncensored CMO • Rory Sutherland on Why Marketing Is the Answer to Economic Growth
There are three reasons why success-based advertising wins the day on the internet: -Customers want it: Advertisers can quickly see if their programs work and easily predict margins using COGS + “bounty fee” model-Solves excess inventory problems: The best way to reduce inventory is through direct-selling, success-based advertising (think 1-800 ads... See more