Accelerating your brand in the face of a recession
Accelerating your brand in the face of a recession
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Description
When times are tough the natural inclination is to reduce spending. But is it really the best plan? Vicki Young, founder, and CEO of Nalla Design, explains why brands should consider investing even more in their brand-building during a financial crunch, and highlights case studies from previous recessions to illustrate the point.
Table Of Contents
The challenges of recession
Young shares the best strategies when companies face a recession to prevent long-term damage.
Learn from history
Economic crises are part of the business cycle. Young gives some advice on how companies can learn from previous recessions.
Invest budgets wisely
Young shares some ideas on the best way to use your budget during an economic crisis.
Look past the storm
A good marketing strategy is crucial according to Young, and will help to convince the leadership team to look past the difficult period.
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