Do companies advertise just to increase their profit, or would the economy still be able to function without advertising?
2007-01-06 22:39:08 · 6 answers · asked by Anonymous in Social Science ➔ Economics
Sure, the economy COULD function without advertising. People would need to buy things in any case. The fact that advertising exists, however, proves that it is cost-effective and thus economically efficient.
Although advertisers do so to increase their profit, do not discount the benefit to the consumer to be exposed to myriad different options and "education" about products in which they might find value. Were this not the case, those Sunday Paper Ads wouldn't get read.
2007-01-06 22:52:16 · answer #1 · answered by Jamie 3 · 1⤊ 0⤋
No, it is the other way around, it is the stores and manufacturers who cannot live without advertising and consumers.
2007-01-06 22:42:29 · answer #2 · answered by WC 7 · 0⤊ 0⤋
Perhaps you've never been in business. If you throw open a store or business and never bother to tell anyone, you will go out of business pretty quick. Actually selling things requires a lot of freaking marketing.
2007-01-07 04:06:18 · answer #3 · answered by KevinStud99 6 · 0⤊ 0⤋
more importantly could advertising survive
without consumers
2007-01-06 22:41:41 · answer #4 · answered by farshadowman 3 · 0⤊ 0⤋
hands that do dishes are as soft as your face with mild green fairy liquid
2007-01-06 22:48:30 · answer #5 · answered by ronson 2 · 0⤊ 0⤋
think of all those little darlings in the business....what would they do without this rubbish to sustain them...!!...
2007-01-06 22:45:00 · answer #6 · answered by notgnal 6 · 0⤊ 0⤋