Re:What do we really know about the effectiveness of digital...
by davidedicillo on Wednesday November 06, 2019 @11:59PM
(#21470540)
Not at FB anymore but I would assume your hypothesis isn't too far from the truth. It's also true that there are hundreds of thousands of small businesses that thrive thanks to online advertising.
(1) Size of Company vs. ROA
(2) Advertising Expenditure by Company vs. ROA
(3) [Advert %] vs. ROA
I hypothesize you'll see a rapidly decreasing return on advertising due to size, and would love to be proven wrong.