Albert Lasker

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Albert Lasker (1880-1952) is often considered to be the founder of modern advertising. He started out as a newspaper reporter while a teenager, but moved to Chicago and started working at Lord & Thomas advertising agency which he owned by the age of 20. He remained its chief executive for more than forty years before selling out to three staff members, Foote, Cone & Belding.

Lasker had an enquiring mind about what advertising was and how it worked. In 1904 he met John E. Kennedy who had been a Canadian mounted policemen and who now promised him to tell him what advertising was. Lasker believed that advertising was news, but Kennedy said to him that, "news is a technique of presentation, but advertising is a very simple thing. I can give it to you in three words, it is "salesmanship in print.""

The first client they put this principle to work on was The 1900 Washer Co. Such was the success of this, that within four months of running the first ad their advertising spend went from $15,000 a year to $30,000 a month and within six months were one of the three or four largest advertisers in the USA.

In 1908 he recruited Claude C. Hopkins to the firm specifically to work on The Van Camp Packaging Company (Van Camp's) account. The relationship lasted for 17 years.

Among Lasker's pioneering contributions were the introduction into schools of classes that would explain to young girls about menstruation (done to promote Kotex tampons). He is also credited as being the inventor of the soap opera, with being responsible for the fact that radio (and television after it) is an advertising-driven medium, and with having masterminded Warren Harding's election campaign.

The Lasker Awards are named for him.