Claims of an advertising boom are labeled fictitious
Claims that Poland is currently going through an advertising boom have been
described as fictitious by industry insiders. They dispute data compiled by
market research companies indicating that press, TV, radio and outdoor
advertisements generated total income of more than zl.5 billion in the first
six months of the year, an increase of over 23% compared to the same period
of last year. Representatives of advertising agencies and media companies
quoted by Gazeta Wyborcza point out that the figures do not take into
account larger discounts and special offers. They estimate that the market's
true growth was between 1% and 5%. Last year TVP, Poland's public TV
network, was offering advertisers discounts in excess of 50%. According to
TVP's competitors, its present discounts are even larger. "Advertising is
cheaper because the demand for advertising has fallen. People have less
money to spend, so they are buying less. So, even though the ad is cheaper,
it is less effective," explains Jakub Benke, the managing director of
leading media firm Starcom. (Gazeta Wyborcza, p. 18) A.K.