Why do brands with a large market share spend proportionally less on advertising compared to brands with a small market share? Diminishing returns set in beyond a certain level of spending for advertising. Certain industries have a practice of spending more for sales than for advertising. A minimum level of exposure is required for advertising to have an effect on sales. Advertising will not stimulate economic growth for the industry.
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why do brands with a large market share spend proportionally less on advertising compared to brands with a small market share? Diminishing ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Why do brands with a large market share spend proportionally less on advertising compared to brands with a small market share? Diminishing returns set in beyond a certain level of spending for advertising.