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The fact is, the Advertising Research Foundation reports that, while the number is actually closer to 20 percent — but with some estimates as high as 80 percent — businesses waste between $30 and $50 billion each year on ineffective marketing.
And the primary cause of all those dollars being flushed down the toilet? Marketing and communications efforts that are not based on a solid foundation of brand strategy.”
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- Companies:
- BrandXcellence
- People:
- John Wanamaker
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