Yes it does, thats why Coca Cola spend millions, same as many others. But advertising only works when its repeated enough times for recall. You need a proper budget or dont bother at all. Sure, its not for every kind of business, but advertising comes in all forms from wearing a shirt to a 100ft billboard, so its what works for you.
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I personally marketing will only work if you get it the right places and make sure that people are more likely to see it more than once and in different forms as this is when they are likely to have a look at your business
Yup in the right place and with a kind of drip-feed effect
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Why has no petrol chain decided to simply undercut all the others by 3 or 4p - everyone would flock there and they'd make a fortune in additional sales - more than enough to counteract the 3p lost.
Why has no petrol chain decided to simply undercut all the others by 3 or 4p - everyone would flock there and they'd make a fortune in additional sales - more than enough to counteract the 3p lost.
You see a lot of people who use the wrong strategy to advertise these days hence making the whole exercise flop. Many do not measure the success rate either so they have no way in gauging how well it impacted on their business.
Marketing and advertising done in the right way will help build your brand and make your business successful without a shadow of doubt.