Don’t cut your marketing budget in a recession

Publication Type

Magazine Article

Publication Date

8-2020

Abstract

Duplicate record, see full text at https://ink.library.smu.edu.sg/lkcsb_research/6592/. Companies tend to cut marketing in a recession. But firms that maintain their marketing spend while reallocating it to suit the context – be it in product developing, advertising and communication, or pricing – typically fare better than firms that cut their marketing investment.

Discipline

Marketing

Research Areas

Marketing

Publication

Harvard Business Review

ISSN

0017-8012

Publisher

Harvard Business Review

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