Advertising in a Down Economy

3 comments

lorry-advertisingDuring a recession, the marketing budget is often the first to get cut. That may be a mistake. Businesses that advertise during a recession are not only more likely to survive the recession; they also continue to reap the benefits long after the recession is over.

So rather than making major cuts in your advertising budget, now is the time to explore alternative methods of reaching your customers, like direct mail, social media or publicity.

Also, keep in mind that the ad space suppliers are hurting too and may be willing to negotiate more than usual. It never hurts to ask, “Is that the best you can do?” Everything is negotiable.

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  • Stacey Derbinshire posted: 20 May at 8:00 am

    I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

  • Jim Killian posted: 20 May at 8:49 am

    Thanks! We try and have a few new posts every week so keep reading!

  • Shawn posted: 28 May at 5:26 pm

    I agree. Ask your design firm to explore savings through design. Printing one or two color and exploring paper alternatives. These challenges can produce unique designs and save some dough in the end.

    S.

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