With marketing and advertising, business managers do not always see the real tangible value in their investment. How much money will an investment in a blog make? John Wanamaker, the famous American merchant and pioneer advertiser said:
“Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” – John Wanamaker
Is blogging the modern equivalent to advertising? Most people don’t think so. The big difference between advertising in Wanamaker’s times and blogs today is focus and participation. Wanamaker could not focus his newspaper advertising to a target audience. So most newspaper readers simply avoided his advertising, it was not meant for them. This explains why Wanamaker believed he “wasted” half his money. Also, Wanamaker’s advertising was not a conversation with a reader. It was a one way channel. Blogs are two way, actually multi way channels with comments from anyone who is interested in the conversation.