Morning. The campaign finished three weeks ago. Whether it stopped working is a different question.
Marketing.
The Advertising Half-Life
Think about the last time you went quiet — the campaign that ended, the month the budget got frozen, the quarter you spent rebuilding the website instead — and tell me how long it took before the effect had actually run out. You can't. Almost nobody can, and it's the number that decides whether a pause is a saving or a slow write-off.
Simon Broadbent was a British advertising analyst with a mathematician's habits, who spent much of his career in media research at Leo Burnett in London and helped establish the IPA's Advertising Works series. In 1979 he published a paper in the Journal of the Market Research Society called One Way TV Advertisements Work, and gave the industry a word it still uses every day: adstock. The idea is arithmetic rather than theory. Advertising doesn't land and vanish; it leaves a residue that carries into the following week and then decays by a fixed proportion at a time. So the pressure working on your market this week is this week's advertising plus a fraction of the stock left over from last week, and once you fit that to real sales data, the fraction is a number you can estimate. Out of it falls a half-life: the time it takes the effect of a burst to fall to half its peak. Those half-lives tend to be shorter than the people who commissioned the work would like — for fast-moving goods they're usually counted in weeks rather than quarters — and they differ by brand, by category and by medium. Which makes the half-life an operational figure, not an academic one. It tells you how long you can be silent before you're starting again from nothing.
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