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6 marketing tips to survive the second year of recession

Simina Mistreanu, 12 Mar 2010
Romanian version

If in the first year of crisis, the marketing industry’s recession motto was “those who scream now, will get their voices heard”, meaning that if you communicate now more than ever when others cut back on it, you'll improve both market share and ROI. Now, in the second year of recession, marketing heavyweights say companies should take a balanced approach and gain good strategic insight into how the business paradigm might be changing. Wall-Street offers you some tips given by marketing directors on how to guide your organization through the second year of crisis while keeping your marketing spend intact and grow in the top line.

Slide 1 / 7
 
  • Be confident in your capacity to change
  • Don’t cut back your marketing spend this year
  • Stay informed and be flexible
  • Get smarter, not louder
  • Get close to your customers
  • Find a balance between survival and conservation
  • S-ar putea sa te intereseze...
 

Be confident in your capacity to change

Be confident in your capacity to change
Business executives should keep a balance in these stormy times: neither too optimistic nor pessimistic. They should stay flexible and realistic, instead of chasing after moonbeams and waiting out the storm, according to Costas Kapetanopoulos, marketing and communications director at Cosmote Romania.

“Although it is a difficult time, it’s in his power to change, adapt and react depending on how the crisis plays out. It is a crisis, no doubt, but as long as he is confident in his abilities, any entrepreneur should see it not only as a challenge, but as an opportunity”, Kapetanopoulos said.

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