Re: MD Any help

From: David M (davidint@blueyonder.co.uk)
Date: Thu Oct 27 2005 - 17:51:53 BST


Hi

If your products and services have enough quality
you don't need to advertise. I would rather see art
on the walls than adverts, how is that for quality?

DM

----- Original Message -----
From: "Platt Holden" < >
To: < >; < >
Sent: Wednesday, October 26, 2005 11:22 PM
Subject: RE: MD Any help

> [Arlo]
> Perhaps, if advertising does not influence people to value things they
> would not otherwise value, Platt can explain why last year "more than five
> hundred billion dollars was spent on advertising and marketing in the
> United States­half the worldwide total" (source, The New Yorker). Or why
> over the counter pill consumption increased from $10 billion dollars a
> year
> in 1990 to over $20 billion in 2002, a year in which $2.5 billion dollars
> was spent on advertising by pharmaceutical companies, which is up to $4.5
> billion today.
>
> If advertising was simply getting message that your product is available
> out to a population that then irrespective of advertising makes its own
> value judgement, why do advertising campaigns nearly always mean success
> or
> failure in the marketplace?

Advertising informs the consumer of what's available. If you don't
advertise how does the consumer know your product can add value to her
life?

> Everyone knows McDonald's exists, so why does
> it spend a half a billion in year in advertising?

There are always consumers who haven't tried McDonald's latest offerings.
Also such advertising acts as a reminder of previous values enjoyed.

> Why pay celebrities
> millions of dollars for endorsements, if people are smart enough to not
> care whether Bill Cosby or Joe Schmoo tells them about the new line of
> Jell-o Snacks?

Celebrities are attention getters. You have to get your advertising
noticed for it to be effective.

> Or why the amount spent yearly on "product placement" has
> jumped to the billions?

For all the reasons cited above.

> Advertising is coersive influence that alters one's potential value
> judgement.

You're free to express your opinion, but I don't think you should judge the
value of someone else's value judgments as they express them in a free
market. It implies you'd like to interfere.

>There is simply no other explanation. Eliminate advertising, and
> you'd get a clearer picture of which products would succeed or fail in the
> marketplace by virtue of their "Quality".

The explanation I've given above is the other explanation that for some
reason you wish to deny. Maybe it's because you don't like a free market.
You claim it's not your intention to interfere, but most everything you
say points in that direction.

Platt

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