Season 5, Episode 5: The measurement myth
Jan 28 2025
32 mins
"Half the money I spend on advertising is wasted; the trouble is, I don't know which half."
Knowing the context of his work, my view of the infamous quote attributed to John Wanamaker is that advertising measurement is fundamentally and necessarily uncertain, even in success. This surfaces another, in my view, invalid interpretation of the quote: that advertising is o