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
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