ROI on $1.3million.

<gert@itst.co.za> ((<gert@itst.co.za>))
Fri, 2 Feb 1996 08:29:23 -0800


bmoore@neonramp.com (Bill Moore) wrote:
<i>>Subject: ROI on $1.3million.</i>
<i>></i>
<i>></i>
<i>>Gert.... I suppose one could ask the same question of the folks who paid</i>
<i>>$1.3 million dollars for a single (that's one) 30 second spot during the</i>
<i>>NFL Superbowl last weekend.</i>
<i>></i>
<i>>It would be very interesting to see if product sales spiked immediately</i>
<i>>afterwards as a result of that very sizable investment. And did they spike</i>
<i>>enough to pay for the investment.</i>
<i>></i>
<i>>On the other hand,which would you prefer to have? A year's exposure to</i>
<i>>thousands of qualified customers or 30 seconds --- that's less time that it</i>
<i>>takes you to read this message -- to a hundred million or so... most of</i>
<i>>whom got up during the commercial and went to the frig for another beer.</i>
<i>></i>

I have a problem with comparing Web marketing/advertising to traditional
advertising.

1. The "traditional" marketing powers that be in today's corporations have
been used to these kinds of advertising for dozens of years. I could see the
marketing VP going to the CEO and saying something like: "I did it, we got
the super bowl slot and it will *only* cost us 1.3 mil". To which the CEO
would say: "Great stuff, congratulations, I knew I could count on you". Now
replace the word super bowl with Web and I leave it up to your imagination
what the CEO's reaction would be.

2. To expose (even the sub-conscious of) a guaranteed 20 million people to
a 30 second corporate message is a good offer. Don't forget that on the Web
I must entice the potential audience to make a very conscious effort to
click, click, click to *my* Web site. They must do it out of their own free
will. With traditional advertising (TV, radio, magazines, news papers) they
have no say in the matter. They *will* be exposed to what I want them to
hear or see. (again, conscious or sub-conscious)
Gert
______________________________________________
Gert Blij (gert@itst.co.za) ITST (Pty) Ltd
22 Sluysken Road, Hout Bay, 7800, South Africa
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