Huge DTC budgets are not needed if you can innovate

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Starbucks is one of the best known brands i the world yet this marketer spends less than 2% of its annual budget on advertising. They probably realize that spending $100 million, primarily on TV, to reach certain awareness levels is old school marketing that provides little ROI for the brand. There are a lot of innovative ways to reach your target audience and raise awareness of the brand but most pharma marketers would rather continue to spend millions of TV or Golf because they are stuck in the past where marketers told consumers what to buy. Read More...
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Spend $110 million for $76 million in sales?

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Have to hand to the folks at Takeda. Rozerem, in 2006, spent $110 million in DTC and only managed to get a 2% market share. The agency that developed the spots continues to beat their chests like they are proud of the Lincoln-beaver campaign but believe me they need to get shown the door and someone needs to lock it to ensure that AT is not let back in ! Read More...
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