Posted: March 20, 2007
According to TNS Media Intelligence, "the highest growth rate [in measured media ad spending] among the top 10 [advertiser] categories was registered by Pharmaceuticals which jumped 13.8 percent to $5.29 billion.
Bucking this trend was Johnson and Johnson, which cut its ad spending by 19.8%!
Advertising Age suggests that J&J shifted $250 million from TV to the Internet -- presumably search marketing.
AdAge is lauding J&J as the Elvis of marketing: "Staid Johnson & Johnson is proving to be marketing's Elvis Presley: While rivals talk up nontraditional marketing without changing measured-media spending habits much, J&J's adopting the King's refrain: 'A little less conversation, a little more action.'"
However, I have reason to believe that J&J is more like Scrooge McDuck than Elvis! Find out why by reading today's post to Pharma Marketing Blog.
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