The Pundits say the economy is slowly, but surely, recovering. Maybe not at the rate of the mid-90s stock boom, but recovering nonetheless.
It must be true, because ad agencies are running Help Wanted ads. So, ad budgets are getting bigger. Tsk tsk. They have been missing out. Actually, for maverick thinkers like you, that should be good news.
When the Pundits say, "Times are getting tougher," usually the first thing to get axed in business are ad and marketing budgets. This makes nearly no sense. But, to your competition, you should say, "Tighten that belt another couple of notches!"
Because that's when you go for the kill.
So-called "tough economic times" should be a boon to your marketing. It's then that your competition will pull back their advertising efforts. And you should increase yours. Your competition is purposely weakening its position. It is the perfect time to fortify yours.
Since most others are cutting back on their ad spending, media becomes more negotiable, if not altogether cheaper. Your messaging can become more visible with less clutter.
Your message also needn't be more hard-sell in this type of environment. Traditional notion dictates hard sell is the way to go. But proper strategy, creatively executed, will nearly always win over a hard sell approach. Creative ads always get noticed, and often garner free publicity.
Of course, you don't want to confuse "Bad Taste" with "Creative." If you have the proper strategy, that shouldn't be much of a concern. If you are presented ad concepts that bother you on a deeper level (more than the placement and size of your logo or other such trifles), maybe it's time to address the strategy as much as the concepts.
The big payoff really comes when bad economic times rebound into good. When people have more money to spend, your business will have a higher, better mind share than the folks who chose not to advertise. Higher mind share leads to higher market share when the public starts buying again.
There's the story of a brand of peanut butter that, due to government-mandated conversion of its factory for the effort during World War II, was not even commercially available. Yet, the brand was consistently advertised. When the war was over, guess which brand had higher market share?
And it's in this atmosphere of free spending that market share is hardest to hold onto. More dollars to throw around, more choices, the market gets diluted. Why not go into that phase the leader, or the biggest gainer?
So, when your competition rolls back their ad spending, pump yours up. You stand only to benefit from the less-competitive atmosphere. Still a little unsure? Then set up a dollar cost averaging system for marketing. Spend the same amount every week, every month, every quarter. You might be surprised you get more results in "down turned" markets.
Marketing is everything. If it weren't, your company would only subsist on word of mouth and chance.~
Republishing part of or entire article, in all forms, is welcomed, as long as author bio info is printed and proper authorship credit is given. As a courtesy, please send author a complimentary copy.
John is a freelance commercial writer based in Omaha, Nebraska. He publishes a free monthly e-zine focusing on branding, advertising, and marketing from his web site http://www.brandedbetter.com. Speaking with both agency and in- house experience, he knows the most valuable asset of a business is its brand.
![]() Google News Updated : Thu, 24 Jul 2008 12:51:51 GMT Hunt begins for Karadzic helpers - BBC News
BBC News - Officials investigating captured Bosnian Serb ex-leader Radovan Karadzic say they will track down and punish those who aided his false identity. Video: Karadzic plans to defend himself in The Hague Kenya: Karadzic's Fate a Lesson Publ.Date : Thu, 24 Jul 2008 11:47:45 GMT Aurilia, Vizquel help Giants rally for win - San Jose Mercury News
San Jose Mercury News - By Andrew Baggarly It would be difficult to claim that the Giants improved their playoff hopes when they rallied for a 6-4 victory over the Washington Nationals on Wednesday night. Aurilia gets key hit, makes pitch for old guys Giants rally in eighth to edge Nats Publ.Date : Thu, 24 Jul 2008 08:43:04 GMT US cancer boss in mobiles warning - BBC News
BBC News - The director of a leading US cancer research institute has sent a memo to thousands of staff warning of possible higher risks from mobile phone use. Cell phones: The next cigarettes? Group sees possible link to brain cancer Publ.Date : Thu, 24 Jul 2008 10:35:11 GMT Finding Bale's dark side - Chicago Sun-Times
Chicago Sun-Times - BY BILL ZWECKER Sun-Times Columnist 'The Dark Knight'' star Christian Bale's alleged ''assault'' in London against his mother and sister is part of a long-simmering family feud. Batman star stays silent in Spain Christian Bale's lady sidekick: Sibi Bale Publ.Date : Thu, 24 Jul 2008 09:08:50 GMT Sudan's president boogies on last Darfur pit stop - AFP
AFP - EL GENEINA, Sudan (AFP) - A dancing Sudanese President Omar al-Beshir paraded as a man of peace on Thursday during a heavily protected tour of Darfur defying accusations that he masterminded genocide in the region. Sudan counters charges with diplomacy Al-Bashir in Sudan peace pledge Publ.Date : Thu, 24 Jul 2008 12:15:43 GMT Obama to demand more from Europe in Berlin speech - Reuters
Reuters - By Caren Bohan and Noah Barkin BERLIN (Reuters) - US presidential candidate Barack Obama is expected to call on Europe to do more in hotspots like Afghanistan when he speaks in Berlin on Thursday in his only formal address of a week-long foreign tour. Berliners welcome Obama as they did JFK Obama Starts European Trip With Stop in Germany Publ.Date : Thu, 24 Jul 2008 12:25:11 GMT Day After, WNBA Untangles Brawl - New York Times
New York Times - By MIKE OGLE Some of the WNBA’s biggest stars commanded national attention Tuesday night and into Wednesday - but not in a way their teams or the league wanted. Don't count on fights becoming WNBA trend WNBA may have a fighting chance Publ.Date : Thu, 24 Jul 2008 05:06:48 GMT Make Data Feed Websites |
PARLOT::Ebooks, Scripts,
Websites, and more... If you have been following the recent advertising news you... Read More So you spent good money on an ad, put it... Read More This article will show you how to cut your printing... Read More The most common way to drive people to your business... Read More What is it about magnets that draw people to leave... Read More I get the L.A. Times delivered to my door every... Read More Each year there is a Yellow Pages arms race where... Read More Philadelphia retailer and US Postmaster General, John Wanamaker, once said,... Read More A few years ago, I analysed the statistics of where... Read More In a recent article, I shared five of my top... Read More Q: I've never really done much advertising for my business;... Read More To succeed in today's crowded marketplace where most of the... Read More Back in the 1760s, the great Dr Samuel Johnson delivered... Read More Here's a fascinating idea.. Having noticed that there always seemed... Read More Boring is one thing you can't afford to be when... Read More One way to make extra money or start a... Read More If you knew these 10 high impact insider's hidden psychological... Read More "The more things change, the more they stay the same".... Read More The more things change, some say, the more things stay... Read More Big businesses get instant credibility with their well-known company name... Read More FACT: Most people don't spend anywhere near enough time on... Read More It is getting harder daily to generate traffic.And when you... Read More Cinema advertising has always been an effective marketing tool for... Read More Most small businesses do not have a high powered advertising... Read More Pay close attention and make it work the best for... Read More
Adsense
websites
In Advertising Bigger isn?t Always Better
Why Your Ad Failed
Print Your Marketing Postcards For A Penny, Address Them For Free, and Automate the Whole Process
Advertise Where Its Forbidden To
Magnetic Business Cards: Make Your Marketing Message Stick
Understanding The Basics Of Advertising
Seven Ways to Waste Your Money on Yellow Pages Advertising
Do Your Adverts Get You More Sales?
If You Invest Money on Advertising, then You could Save Thousands through this Simple Little Secret
More Cheap Tricks for Promoting Your Business
How Much Money Do I Need to Spend on Advertising?
I Dont Want to be Different
A Lesson In Advertising From The Eighteenth Century
Free Publicity With Dogs, Cats, and Rats
Marketing Messages with Add Zest & Appeal
The $500.00 A Month Plan
Online Advertising: 10 High Impact Psychological Triggers To Super-Charge Your Ad
How To Write Super-Effective Ads and Sales Letters!
Whats The Frequency?
Testimonials Convert Prospects Into Buyers
A Quick And Easy Way Of Getting More Customers From Every Single Ad You Write... Guaranteed!
Free Internet Advertising: 6 Proven Ways To Prevent Your Competitors From Stealing Your Customers
Cinema Advertising is Big Business, So Mergers are a Natural
Take Your Radio Ads to the Next Level
Buying Radio? Read This and Dont Waste Your Money
Do you know about the distinction - and it's a... Read More
If you have a computer and a printer, preferably one... Read More
A correspondent to AdBriefing, my monthly newsletter, has posed a... Read More
The very name "advertainment" sends thrilling vibrations up the spine... Read More
1. Attract prospects with your headline Use your headline as... Read More
An effective way to gain company recognition is to order... Read More
We're surrounded by advertisements that desperately compete for our attention.... Read More
Pay close attention and make it work the best for... Read More
In the sign industry we commonly refer to the material... Read More
My father called me to complain, again. He's 82 and... Read More
A few years ago, I analysed the statistics of where... Read More
If you are creating a brochure, make sure you follow... Read More
Philadelphia retailer and US Postmaster General, John Wanamaker, once said,... Read More
Lets examine the use of Giorgio Armani Company's advertisements for... Read More
Believe it or not, there are plenty of opportunities out... Read More
Ah, my very favorite promotional product of all, the refrigerator... Read More
Many home improvement contractors attempt to use advertising to expand... Read More
Are you confused by all the information you receive from... Read More
Moving Message Signs are a unique, attention-grabbing way to communicate... Read More
One of the most powerful offers you can use in... Read More
Most brochures that businesses put out today end up doing... Read More
The opportunities for getting free advertising for yourproduct or services... Read More
I hear it often, "advertising in the Yellow Pages directory... Read More
Reach and frequency are terms generally used when planning advertising... Read More
You're flipping through this publication as you wait for your... Read More
Advertising |