← Back to context Comment by andsoitis 3 hours ago Don’t you think drug companies would be doing that (not advertise) if it would increase their profit? 3 comments andsoitis Reply DennisP 3 hours ago Of course advertising increases their profit. It does that by increasing their revenue even more than the cost of the advertising.For the rest of us, that giant increase in revenue is an increase in our healthcare costs. andsoitis 1 hour ago Ah so sounds like your logic is: ban advertising -> less costs -> less revenue & lower patient costs -> same profit.I think I can spot a flaw in that logic. DennisP 12 minutes ago That last step contradicts my previous comment.
DennisP 3 hours ago Of course advertising increases their profit. It does that by increasing their revenue even more than the cost of the advertising.For the rest of us, that giant increase in revenue is an increase in our healthcare costs. andsoitis 1 hour ago Ah so sounds like your logic is: ban advertising -> less costs -> less revenue & lower patient costs -> same profit.I think I can spot a flaw in that logic. DennisP 12 minutes ago That last step contradicts my previous comment.
andsoitis 1 hour ago Ah so sounds like your logic is: ban advertising -> less costs -> less revenue & lower patient costs -> same profit.I think I can spot a flaw in that logic. DennisP 12 minutes ago That last step contradicts my previous comment.
Of course advertising increases their profit. It does that by increasing their revenue even more than the cost of the advertising.
For the rest of us, that giant increase in revenue is an increase in our healthcare costs.
Ah so sounds like your logic is: ban advertising -> less costs -> less revenue & lower patient costs -> same profit.
I think I can spot a flaw in that logic.
That last step contradicts my previous comment.