“ If I stop advertising for two months, sales won’t drop, but they will be hit three or four months down the line. People tend to make this mistake in.

Slides:



Advertisements
Similar presentations
Presented by Amanda Groover Oct. 16 th, MBA- Marketing from Ashford University BBA- Management from University of North GA Previous Work Experience:
Advertisements

Marketing vs Sales. Without marketing you would not have prospects or leads to follow up with, but yet without a good sales technique and strategy your.
New-Product Development and Product Life-Cycle Strategies
WHO ARE YOUR CUSTOMERS? -Who are you marketing to? -How many potential customers are there? -Does your organization have a lot of people coming through.
JAD BIKES Sean Graves & Julia Spriggs 2015 – 2017.
The Importance & Value of B2B advertising during times of economic uncertainty 2009.
11/11/08 Developing a Successful Marketing Strategy and Plan Transition to Value Added Products.
Should You Launch a Fighter Brand? Kelsey Smith, J.P. Coppersmith.
Advertising and Public Relations
New Product and Service Development Children’s Cloth Company.
What is marketing? Marketing is the management process that identifies, anticipates and satisfies customer requirements profitably. Marketing focuses.
Digital Academy Aegis Media & Microsoft Advertising 28 th June 2011.
International Plekhanov Conference Research of Successful Communications Planning; Team Restructuring.
Venture Finance Fall 2002 Slide 1 Class 7 Notes Due Diligence Part 1 © Andrew W. Hannah.
Brands are like money and should be managed that way. Andy Farr Director of Brand Investment Planning Millward Brown Group.
New Product Development and Product Life-Cycle Strategies
Today I will: Learn the role value plays in pricing decisions So I can: Explain the goal of pricing I will know I’m successful when: I see the value of.
Pricing Understanding and Capturing Customer Value
Chapter 21. Learn why managers use budgets Develop strategy PlanActControl 3Copyright 2009 Prentice Hall. All rights reserved.
ROLE OF MARKETING IB BUSINESS & MANAGEMENT A COURSE COMPANION P
New Product and Services Development
11 Marketing Essentials Marketing Is All Around Us What Is Marketing?
New-Product Development and Product Life-Cycle Strategies
HOW TO QUALIFY B2B LEADS. PROBLEM GOOD NEWS –Your marketing communications programs are working and producing many inquiries. BAD NEWS –Inquiries are.
Recession Hits Tax Revenues. The collapse in tax revenues Tax revenues tend to fall during a recession –More people unemployed – less money from income.
Maximizing the Value of Your Investments With Advanced Campaign Management And Campaign Analysis Ad Campaigns.
Frustrated with your sales numbers? Learn best in class sales practices.
The Danger of Cutting Marketing. “I was asked what I thought about the recession. I thought about it and decided not to take part” Sam Walton Wal-Mart.
Objectives: 1.Explain the concept of utility. 2.Cite examples of types of utilities. Warm Up: Complete the handout Agenda: 1.Warm Up 2.Product design level.
Advertising in a Recession It pays to maintain marketing pressure: A review of the evidence Guy Consterdine Guy Consterdine Associates 24 February 2009.
Your Social Transformation A step by step plan to generate prosperity in your life from Social Media and Your Real Estate Business.
A guide to Promoting your Business Online. Today’s Presentation  50 minutes Interactive “Presentation”  10 minutes Q & A  “General” Information  Please.
10 Ways to Get MORE Out of Your Advertising Dollar Marketing On Demand, LLC.
Marketing Is All Around Us. Quick Think How would you define Marketing? Activities that fall under its umbrella.
The 401 Comparison What is the difference between a traditional 401K and Fortune?
Advertising in Tough Economic Times The answer to a down market is not to cut spending, but to practice smarter marketing. Barry Silverstein, Brandchannel.com.
We Help Service Firms GrowWellesley Hills Group ©2010 Don’t Take No for an Answer: How to Handle Common Client Objections John Doerr President Wellesley.
Marketing in a Recession Non-Profit Network. With Less. Do More.
AOF Entrepreneurship Unit 3, Lesson 6 The Role of Marketing Copyright © 2009–2012 National Academy Foundation. All rights reserved.
U.S. Economic Outlook: The Impact of Terror Russell Lamb North Carolina State University Campus Box 8109 Raleigh, NC
Enterprise Voice Portals: Ears are more valuable than Eyeballs. John Hibel Vice President of Marketing Voxeo Corporation
Presented by: Your Name Your Phone Number Your Website Address How a Mobile Website Can Help You Connect With Local Consumers.
The Marketing Audit. What is it? A comprehensive independent and periodic examination of a company’s marketing environment, objectives, strategies and.
4. BRANDING DIRECT Salesforce Direct Mail Telemarketing Customer Service Representatives PERSONALIZED Personalized permission Personalized recommendations.
McGraw-Hill/Irwin Copyright © 2012 McGraw-Hill Companies, Inc., All right reversed 7 Establishing Objectives and Budgeting for the Promotional Program.
Pay Per Click (PPC) – Advertising Jump Start Your Internet Marketing! IMMEDIATE RESULTS WITH UNMATCHED COST – EFFICIENCY! Not only can you begin generating.
Its all in the Economics! Presented by Roger Burrows La Garde Associates LLP.
Organizational Design, Responsibility Accounting and Evaluation of Divisional Performance Chapter 18.
Marketing Introduction Business Mentors. Industry Dynamics  Claims programs  National vs. Local decisions  Agent referrals  Corporate referrals 
1 Business Listings - A click away from converting lookers to paying guests.
Lessons Learned in the Real Estate Development Process Jennifer Nevitt Casey Bravo Strategic Marketing, Inc.
Market conditions Marketing strategy Marketing tactics Market assessment Market performance Manufacturing conditions Manufacturing strategy Manufacturing.
Value proposition
OBJECTIVE 2.07 Reinforce company’s image to exhibit the company’s brand promise.
VWS2 Marketing & Communications Meeting BU prese 21st & 22nd June 2011.
PRICING – CHAPTER 29 MARKETING What is price? THE VALUE PLACED ON A GOOD OR SERVICE CAN BE MONETARY ($5.50) OR NON-MONETARY (GIFTS)
New-Product Development and Product Life-Cycle Strategies
Company Name Description of Plan Todays Date. 24/01/2016 Objectives Your target = £X per annum. Average order value £X– then you need to work out how.
Business Utilities What is “utility”? Economic term that means…
Price Planning Chapter 25. Sec – Factors Involved in Price Planning The four market factors that affect price planning What demand elasticity is.
ADVERTISING Module 8 De La Salle – Lipa College of Education Arts and Sciences Multimedia Department.
Social Media Campaign for Trader Joe’s Lori Fichter Social Media Principles 525.
Growth through investment. Introduction to Bibby Line Group Started as a family- owned shipping business on 1807 Group now includes logistics, financial.
Applications of Big Data Analytics. Introduction ●Big data is an evolving term, and it consists of high volume of structured, semi-structured and unstructured.
Six Star Bikes Will Gillis Emma MacPherson Matt Osborne Jamie Waites Everett Watters.
Tips for Effective Advertising
Understand customer service
INSERT YOUR COMPANY’S NAME HERE
Promotional Mix.
Marketing Plan: SnakPak
Presentation transcript:

“ If I stop advertising for two months, sales won’t drop, but they will be hit three or four months down the line. People tend to make this mistake in a recession. IT IS THE WRONG TIME TO CUT.” – Vikram Mahra, CMO, Tata Sky

“Brands that increase advertising during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost during good economic times…” – Prof John Quelch Harvard Business School

Your sales team needs help now more than ever. While existing customers are cutting orders, advertising is needed to identify new prospects.

Your customers have short-term memories. What have you done for them today? If a competitor continues to advertise, they are the ones more likely to be called.

Advertising can help you capture market share. Act now while weaker competitors are slashing ad budgets and waiting out the storm.

Consistent advertising generates sales, but it takes time. Advertising has a cumulative effect. If you cut your ads today, you will lose the ground you gained. Continuity is the single most important factor in effective advertising.

There is more to advertising than immediate sales. It can be a cost-effective way to keep in-touch with customers, to let them know you are alive and well in spite of the slow-down.

New conditions can create new opportunities. The recession may be creating new prospects for your products or services and advertising will help you find them!