Matt Collins
Member
- Joined
- Jun 9, 2007
- Messages
- 47,707
Of course, but the point is that money could be better spent elsewhere. The blimp in and of itself isn't a bad idea, the return compared to the cost of it however is what makes it ineffective.The blimp is not mutually exclusive with any of the traditional methods of marketing.
You should ask your college for your money back.I majored in marketing, have been self-employed for most of the last 25 years, and have done all of my own marketing and advertising. I pledged $100 towards the blimp simply because it is such an original idea,
Absolutely, but there is no guarantee. Buying ads guarantees airtime.The traditional advertising mediums are definitely crucial and RP can't win without them, but big attention-getting stunts pay off as well. Save seats for local print and broadcast reporters and the blimp will generate coverage in those mediums for free in those local markets and expand the number of impressions. It could easily generate 300K worth of free local print and broadcast exposure.
It is not a frugal use of funds. "Gambling" on something like this is probably not something Dr Paul would do. I get the point, but why gamble when that amount of money could be used for guaranteed results?This is such an innovative and unique idea it is totally worth the gamble.