Advertising Lag: Decay Effect
The lagged or decay component of advertising adstock can be mathematically modelled and is usually expressed in terms of the 'half-life' of the ad copy, modeled using TV gross rating point (GRP). A 'two-week half-life' means that it takes two weeks for the awareness of a copy to decay to half its present level. Every ad copy is assumed to have a unique half-life. Some academic studies have suggested half-life range around 7–12 weeks. Other academic studies find shorter half-lives of approximately four weeks, and industry practitioners typically report half-lives between 2–5 weeks, with the average for Fast Moving Consumer Goods (FMCG) Brands at 2.5 weeks.
The copy in the above graph has a half-life of 2.5 weeks.
Read more about this topic: Advertising Adstock
Famous quotes containing the words advertising, decay and/or effect:
“Remove advertising, disable a person or firm from preconising [proclaiming] its wares and their merits, and the whole of society and of the economy is transformed. The enemies of advertising are the enemies of freedom.”
—J. Enoch Powell (b. 1912)
“She is a prude in her own defence ... under the specious mask of propriety, she conceals the decay of her worn-out charms.”
—Molière [Jean Baptiste Poquelin] (16221673)
“We are such docile creatures, normally, that it takes a virus to jolt us out of lifes routine. A couple of days in a fever bed are, in a sense, health-giving; the change in body temperature, the change in pulse rate, and the change of scene have a restorative effect on the system equal to the hell they raise.”
—E.B. (Elwyn Brooks)