Tag Archives: recession marketing

Stop Saving Your Business And Start Building It

This week’s blog entry is a pep talk to all those business owners who are hesitant to invest in growing their businesses. Flat sales are considered the new up.   You’ve made many cuts and are hesitant to make any … Continue reading

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Recession Continues To Breed New Thinking

In today’s Wall Street Journal, Toys R Us announced they are opening 350 temporary stores in traditional shopping malls and other locations to take advantage of the holiday season.   This strategy is borne out of two market changes: KB … Continue reading

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How Credit Unions Can Benefit Your Bottom Line

Does your company belong to a credit union? Even with most credit unions moving to community charters where virtually anyone can join one, there remains additional value by being a member company. Becoming a member company costs your company nothing … Continue reading

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Reduce Customer Credit Card Usage. Increase Loyalty.

Credit card usage is a key component in creating customer loyalty, from earning frequent flyer miles to rewards points.  In today’s economy can you increase loyalty by encouraging your customers to use their cards less? A few weeks ago I … Continue reading

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Are You Telling Your Customers You Are Closed For Business?

A recent Ad-ology study noted that 48% of U.S. adults think a lack of advertising by a bank, retail store or auto dealer during a recession is a sign that they are struggling and thus make them less likely to … Continue reading

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Don’t Wait For Consumers To Start Spending Money Again

In the June issue of Fast Company, Sean Maloney, Intel’s chief sales and marketing officer, is quoted saying that their job “is to give [the audience] something so wonderful that they’ll spend money again.” This is a great philosophy for … Continue reading

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Your Audience Has Changed, Have You?

The Economist published an article discussing the impact the recession will have on people’s purchasing habits. Typically we, as consumers, have short memories and as soon as things improve we go back to our free-spending ways. This time however, the … Continue reading

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Market Share is Not Recession Proof

I was reading the Three Minute Manager in the March 30 issue of Fortune magazine. The first question asked to the CEOs of Staples, TD Ameritrade and Head of Global Customer Strategy for Bain & Co was “Is it really … Continue reading

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