Hacker News new | ask | show | jobs
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.

1 comments

I'm in agreement with you that the success or failure of the marketing endeavor is execution dependent.

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.