Philly’s favorite son John Wanamaker is one of the fathers of modern advertising. He was the first to buy a half-page newspaper ad, the first to buy a full-page newspaper ad, and — more near and dear to my heart as someone who thinks writing is an art, dammit — the first to hire a full time copywriter.
But maybe most famously, he’s the cat that said, “Half the money I spend on advertising is wasted. The trouble is, I don’t know which half.”
So here’s your task, my little tater tot. Let’s say your marketing budget gets slashed in half. Boom! 50% gone like Gone Girl. Pop quiz, hot shot. What do you do? What do you do?
Do you pull a stunt and try to go viral? Skywriting? Maybe a street campaign with clever flyers optimized for Instagram and reaching out to influencers on social media? Or do you whittle down and dig into data and try to figure out where each of your dollars really does the most good? Maybe both?
Why would I ask this?
Because you, buddy, should be considering how to blow past setbacks.
Wrap your brain around it. See what you get.