Tuesday, May 26, 2009

#26 I heard about the recession and decided not to participate

W6M: This is a great presentation about the importance of marketing in a recession. Here are some of my takeaways.

  • Times are tough right now for everyone and marketing budgets are being scaled back. Now is a great opportunity to pull away from the pack and increase your market share and decrease your ROI.
  • I love the Sam Walton quote on the recession, "I've thought about it, and decided not to partcipate.
  • Increasing advertising during economic expansion often yields no improvement, because your comeptitors are doing the same thing.
  • Tips: Listen, Engage and Measure

No comments: