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440. Does Advertising Actually Work? (Part 1: TV)

Freakonomics Radio

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Rethinking Ad Effectiveness

This chapter examines the concept of ad elasticity, challenging traditional views on the effectiveness of TV advertising. It reveals alarming findings that suggest many brands may be over-investing in ads without a corresponding increase in sales. The discussion highlights the complexities of measuring ad efficacy and the influence of external factors on advertising performance.

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