Question
Advertising costs as a percentage of sales revenue for soft drink brands with large market shares (such as Coca-Cola and Pepsi-Cola) are lower than for
Advertising costs as a percentage of sales revenue for soft drink brands with large market shares (such as Coca-Cola and Pepsi-Cola) are lower than for brands with small market shares (Dr. Pepper, Schweppes, Fresca). This is because:
A. |
Big brands can negotiate lower rates with advertising agencies and media owners
| |
B. | Advertising campaigns are subject to a large minimum budgets (indivisibilities) | |
C. |
Economies of learninglong-established brands such as Coca-Cola and Pepsi have learned how to be more efficient in their advertising campaigns
| |
D. | None of the above. |
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