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Swedes Spend Billions on Advertising

Published tisdag 9 oktober 2007 kl 11.06
Eyegrabbing advertising?

Swedish university marketing researchers maintain that companies here in this Nordic nation  have spent almost 10 billion dollars a year on advertising – without really knowing if their campaigns actually get the consumer to buy more.

The biggest advertiser is a privately-owned Swedish food chain, followed by the retail food co-operative, and the telecommunications company.l

While some ad campaigns in the mobile phone branch or food stores chain can clearly show an increase in sales – other campaigns are impossible to analyze.

They maintain that  this confirms the ad industry’s saying – that half of each dollar spent on advertisement is wasted – but that nobody can be sure of which half.

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