BAL bellamy's australia limited

This caught my eye: "Doubled marketing spend from 2.5% to 5% of...

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    This caught my eye:

    "Doubled marketing spend from 2.5% to 5% of revenue
    E.g. two key 2H18 celebrity campaigns attracted +18 million views"


    So each celebrity campaign attracted approx. 9 million views.

    In a country of 1.4 billion people.

    Whilst not all of those would be potential customers, that response ratio is underwhelming.

    GLTAH - DYOR
 
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