Pleasant Living Magazine

A Magazine for the Chesapeak Bay and River Community

 
Banner
Banner
Banner
Banner
Banner

mj12

Pick up our current issue at 500 locations throughout Virginia’s River Country

Times Are Hard - Should I Cutback On Advertising?

No! According to Wharton Business, hard economic times have a way of whittling down the competition. While one’s first instinct may be to reduce advertising expenditures, that approach may make matters much worse. During the last recession, McDonald’s almost tripled their advertising campaign at a time when Burger King was cutting back. As a result, they substantially increased their market share.

A recession is the time to increase your marketing.

Why Should I Advertise?

I have more business than I need…

Experts agree that you advertise not only to gain new customers, but to keep customers you already have. Remember that when you don’t advertise, you’re potentially passing your existing customers over to your competitor who does advertise.

As Mr. Wrigley of Wrigley’s gum once said when asked why he continues advertising when he’s obviously the highest selling chewing gum in the US. His response: “Why would I want to stop putting fuel in the engine when it’s running so well?”



Bookmark this page!
Reddit! Del.icio.us! Mixx! Free and Open Source Software News Google! Live! Facebook! StumbleUpon! Yahoo! Free Joomla PHP extensions, software, information and tutorials.

Comments

B
i
u
Quote
Code
List
List item
URL
Name *
Email (For verification & Replies)
Code   
ChronoComments by Joomla Professional Solutions
Submit Comment
 
pr4

Preferred Reader Login

REACH ONE OF THE MOST DEVOTED
AUDIENCES IN THE RIVER COUNTRY.
Advertise in Pleasant Living.
Many of our readers have been reading PL for 21 years.
For information and advertising rates, call
804.644.3090 or e-mail us.
logo

Who's Online

We have 167 guests online

Site best viewed with:
firefox