The Silent Killer of Corporate Profits: Ad Waste Forbes
Each year, hundreds of millions of ad dollars may be wasted due to outdated communication models. Those old ad models assumed people could be trained to purchase via stimulus. Therefore the number of times a person saw a message the more quickly they would respond. In their 2009 book “Media Generations,” Drs. Don Schultz and Martin Block of the Medill School at Northwestern pointed out that the old ad model theory was no longer viable and clearly outdated. They made the case for a consumer-centric model for media to improve ROI, which included an increase in radio allocation for car and truck advertising. …READ MORE