Amid unprecedented times, calls for extraordinary measures. During a recession, customers restrict overall spending and focus their properties on other tasks. Businesses struggle to remain open, well-known, and profitable. Companies aim to maintain the attentiveness of their customers. As sales lessen, businesses direct their focus to meet budgets and typically cut company costs, lower consumer prices, and defer new investments. Inclining to deliver on the expectations of the financial market, included in lessening variable expenses, is the use of marketing tools, research, and communications. While it is wise to contain costs, reducing marketing spending during a recession can threaten long…
How to Market During A Recession
