iEntry 10th Anniversary RSS Newsletter Advertising
Join the WebProWorld Forum!
Text: Decrease Font Size Increase Font Size | Print Print Article | Share: Delicious Digg StumbleUpon Post to Twitter Post to Facebook
CommentWednesday, January 30, 2008

E*Trade Puts Eggs Into Super Bowl Basket

The math: $5 million for 60 seconds

Super Bowl advertisements can rank among the funniest things on television; they're certainly some of the best commercials.  But people are once again considering how much they accomplish, as there's word that troubled E*Trade plans to spend around $5 million on two ads.

E*Trade's executives and directors have brought the stock up to $4.55 by buying some shares, but compared to a 52-week high of $25.79, that's not impressive.  It wasn't too long ago that bankruptcy rumors were in the air, and E*Trade is still having serious credibility issues.E*Trade Puts Eggs Into Super Bowl Basket

So could two commercials solve some problems?  Perhaps - Super Bowl ads are seen by a whole lot of people, and E*Trade's produced good ones in the past.  Dancing monkeys may not be enough to convince individuals to sign over their lifesavings, however.  Also, the act of spending so much money on advertising could, by itself, drive away a lot of would-be clients.

Overall market conditions will function as an additional negative influence.  E*Trade may feel a need to do something dramatic, though, and we can't argue with that inclination.

We'll now direct a hat tip to Susanne Craig and cross our fingers that something good, even if it's just a few laughs, comes out of E*Trade's past few months of problems.

About the author:
Doug is a staff writer for WebProNews. Visit WebProNews for the latest eBusiness news.

Publish A Comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
2 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
SEARCH
Popular WPN Business Resources












Subscribe to WebProNews


Send me relevant info