Thursday, April 02, 2009

Reg Gupton offers 5 ways to thrive in the current recession

Hi,

Reg Gupton here. The other day I rec'd an email from Bob Bly, copywriter
extraordinaire.

He suggested the the following 5 ideas would be useful.

I agree.

Business Week recently gave these 5 suggestions for navigating
your business through the current economic storm:

1--Don't panic. Cycles happen. Sometimes they happen hard, but
we'll come back around eventually.

2--Keep marketing. Slowdowns are an ideal time to snatch up
market share.

3--Stick to your focus. Don't water down your message in a
misguided attempt to widen your market appeal.

4--Don't go "discount crazy." If you keep offering "special
deals," eventually the deals are no longer special... and
customers learn to wait for the next deal instead of buying
right now.

5--Have a plan. You can't wish the crisis away by ignoring it.

Source: The Copywriter's Roundtable, #398.

No comments: