How would you like to increase short and long term sales and profits for your company during these difficult times!
“Stopping
advertising to save money is like stopping your watch to save time”
-Henry Ford
-Henry Ford
In
a study of U.S. recessions, McGraw-Hill Research analyzed 600 companies
covering 16 different SIC industries from 1980 through 1985. The results showed
that business-to-business firms that maintained or increased their advertising
expenditures during the 1981-1982 recessions averaged significantly higher
sales growth, both during the recession and for the following three years, than
those that eliminated or decreased advertising. By 1985, sales of companies
that were aggressive recession advertisers had risen 256% over those that
didn’t keep up their advertising.
In good
times, people want to advertise; in bad times, they have to.”
-Bruce Barton, co-founder BDO Advertising Agency
Materials compiled from a variety
of sources, including America Business Media, McGraw-Hill, Penton Research
Now is not the time to cut back or eliminate your
advertising budget. Now is the time to double down, triple down and maybe even
quadruple down on your business. It comes down to Risk verses Reward. The
Mullikin Advertising Agency can help you drastically reduce the risk and make
sure your business is greatly rewarded with increased sales!
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