The Thinkbox Profit Ability research suggests that the traditional model of dividing ad investment into brand vs performance may not be the most effective approach. Jane Christian, Managing Director Analytics & Insight at EssenceMediacom UK, argues that it's more beneficial to consider scale efficiency and time to determine the optimal media mix. The distinction between brand and performance doesn't necessarily reflect how advertising pays back.
The research indicates that all media perform in both the short and long term, but some have a greater carryover. This challenges the common practice of favoring performance marketing in budget allocation due to its immediate results.
The study also reaffirms the old rule of thumb that the full impact of advertising is roughly double the short-term impact.
This research, along with contributions from Thinkbox, EssenceMediacom, Gain Theory, Mindshare, Wavemaker, and Ebiquity plc, provides valuable data for rethinking ad investment strategies.