Just finished an article from www.businessbrief.com/recession-marketing that addressed the question of whether or not it pays to not cut back on marketing during recessionary times. The author researched a 2005 study, "Turning adversity into advantage: Does proactive marketing during a recession pay off?" and discovered reliable information that pointed to active marketing during a down economy does indeed produce good results following the recession. "The most referenced study, one by McGraw-Hill about the 1981-1982 recession, concludes the b2b companies that increased marketing during the recession averaged much higher sales growth for the following three years than those who decreased marketing."
The author concluded by saying that if you have to decreasing marketing budgets, retain those marketing initiatives that have the biggest pay off for your business. Become smarter with your dollars and your marketing activities that will produce the greatest impact.
Ann Hughes
President and CEO
517.265.2320
517.270.1818
www.adrianareachamber.com
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