Which of the following would be the most likely result of slashing ad spending for a product?
A) increased popularity
B) reduced long-term market share
C) improved brand image
D) increased short-term sales
E) increased long-term market share

Question

Quizplus · Accepted Answer

Slashing ad spending for a product would likely result in reduced long-term market share. This is because advertising helps to build and maintain brand awareness, which is necessary for long-term success in the market. Without advertising, consumers may not be aware of the product or may forget about it over time, leading to a decline in market share.

Which of the Following Would Be the Most Likely Result