|
|
|
|
|
by fleitz
5752 days ago
|
|
The key absent of measurement is the effect on the business, there is no point to a more measurable loss, in comparison to a less measurable profit. I don't care to chime in to the debate on whether radio/print/groupon is effective as I think that like most tools it can be used properly or improperly. |
|
However, I do feel that there is a point to a measurable loss, namely that you know not to do it again. If you spend a $1000 on setting up a Groupon deal and don't make your money back then you very clearly know that it was bad marketing move. If you spend a $1000 on a radio ad it's much more difficult to know what impact it has on your business.