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Re: BullNBear52 post# 217314

Wednesday, 11/29/2023 1:42:00 PM

Wednesday, November 29, 2023 1:42:00 PM

Post# of 224076
I was involved with one of the most heavily advertised Pharma brands at the turn of the century.

We calculated that for every $1 spent on TV advertising we got $3-5 back. Not too shabby.

The exception was the campaign for Xenical (orlistat) (not one of my company’s drugs, thankfully). The so-called “fair balance” statement at the end presented a couple of side effects which actually caused the sales to go down.

I suspect the RoI on TV advertising is much lower nowadays, if only because of media fragmentation.

“What gets us into trouble is not what we don't know. It's what we know for sure that just ain't so.”

- Mark Twain

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