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A recent study by McGraw-Hill Research showed that companies that maintained or upped their advertising during the 1981–82 recession, had gains in sales in the short-run as well as the long-run. The McGraw-Hill Research study analysed 600 companies from 1980 to 1985 and found those that advertised aggressively throughout recession had sales of 256 per cent higher than the ones, which cut back on advertising.
For most companies, during the time of recession, it is hard to maintain or even raise their advertising budget. This is why it’s important for companies to get the most return on their marketing budget investment. There are many types of advertising to choose from but some work better than others.
One form of advertisement is imprinting your company logo on promotional products that people use every day. It leaves an impression that is much long lasting than an advertisement in the newspaper, on TV or on the Internet. Through the creative use of these products, companies can strengthen their brand and ultimately build their business. Promotional products will drive customers to your company website or a physical retail location, which leads to measurable results. Data can also be captured for future marketing use.
Companies like Imprintables Etc have been in business for 20 years because this type of advertisements work. For any kind of business it is very important to keep the company’s name fresh in the minds of current and future customers. Research has shown that even during tough economic times, well planned marketing programmes and strategic advertising, pays off. And then as the economy picks up, they will be well positioned for continued growth.
| Agree: 71.43% | Disagree: 28.57% |