The cost of an advertisement is not positively correlated with its effectiveness. Consider the following: Advertisement 1 Media: TV Commercial (2007) Company: Shell Oil (with Ferrari Formula 1 Cars) Cost to produce: $3.9 million Advertisement 2 Media: Signage Company: A-1 American Chimney and Roofing Cost to produce: $500 – $1,000 (estimate) It’s obvious which one [...]
