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Bottom Line for (Red)

Posted on February 7th, 2008 at 9:56 by John Sinteur in category: If you're in marketing, kill yourself -- Write a comment

[Quote:]

In its March 2007 issue, Advertising Age magazine reported that Red companies had collectively spent as much as $100 million in advertising and raised only $18 million. Officials of the campaign said then that the companies had spent $50 million on advertising and that the amount raised was $25 million. Advertising Age stood by its article.

If you read the article, you’ll note that the positive effects of those $18 million are very tangible. It makes you wonder what they could have done with $100 million.

  1. I just find it amusing that they say “yes we wasted a lot of money, but not as much as you say!”

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