December 11, 2018

Progressive

As best I can tell, Progressive (yes, the company that has all of those commercials with "Flo") generates $25 billion in annual revenue and spends a bit more than $500 million on marketing.

That's a 2% ad-to-sales ratio.

And they apparently pay "Flo" $500,000 a year ... 1% of their marketing budget.  All stats can be identified via Google searches.

There are ways to not spend 25% - 30% of net sales on paper.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Problem #1 With Digital Marketing

FYI - yesterday's quiz apparently sent some of you to the unsub button . It's not my fault you don't know the answers to the que...