Cred spent Rs 180 crore on advertisements in FY 2020!
What was the result?
It reported a doubled loss of Rs 360 Cr with just Rs 52 lakh in revenues.
Advertising is a serious addiction which only the ones which massive cash pile
can afford. Sometimes they turn to be a great blessing too. And hopefully, in
future they will be for Cred!
Is it really worth advertising? Thoughts?
Originally posted by Radhika Bajoria on LinkedIn
link: linkedin.com/in/radhika-bajoria-3102ba158
What was the result?
It reported a doubled loss of Rs 360 Cr with just Rs 52 lakh in revenues.
Advertising is a serious addiction which only the ones which massive cash pile
can afford. Sometimes they turn to be a great blessing too. And hopefully, in
future they will be for Cred!
Is it really worth advertising? Thoughts?
Originally posted by Radhika Bajoria on LinkedIn
link: linkedin.com/in/radhika-bajoria-3102ba158