Resilience Through Advertising: Thriving in Economic Downturns

Henry Ford once said; “Stopping advertising to save money is like stopping a watch to save time.” During economic uncertainty, many companies instinctively cut marketing budgets, but history shows that maintaining or even increasing advertising efforts can lead to stronger visibility and resilience. This article highlights why strategic advertising is essential for businesses looking to thrive amidst challenges
Picture of Molly Ferncombe

Molly Ferncombe

Features Editor at The Executive Magazine

During challenging financial periods, businesses are often tasked with making difficult cost-cutting decisions. One of the first areas many companies consider trimming is their advertising budget. However, history has repeatedly shown that reducing or halting advertising in tough economic times can lead to missed opportunities and even long-term se...

 

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