Company News, Marketing News

P&G Exec Blasts Media & Metrics

'New Media' got old real fast, says Marc Pritchard

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By: TOM BRANNA

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Not so long ago, online gurus promised that “new metrics” such as clicks, views and the like would revolutionize media spending. Not quite, argues an industry executive who knows something about money and advertising budgets. Marc Pritchard, chief brand officer at Procter & Gamble overseas a $2.8 billion media buy budget and doesn't like what he sees. According to CNBC, Pritchard called on the media buying and selling industry to become transparent in the face of “cra...

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