Showing posts with label Business Marketing. Show all posts
Showing posts with label Business Marketing. Show all posts

Saturday, November 29, 2008

How to manage marketing in a downturn

Camp Two is where you are a midsize company and are concerned that if you don't make cutbacks, or find a marketing solution that works, your business is going to suffer.

Camp Three is where you have a small business and have no choice but to find ways to save money and marketing seems like the simplest place to start.

But all three ways of thinking are wrong.

If marketing budgets are cut, all that really happens is this money is reallocated elsewhere. It then becomes a huge challenge to try to get your budgets increased again later. Even big brands require marketing through a downturn. It's a basic marketing principle: if people are not told that your service or your product are there, the chances are they will be told about someone else's and you’ll lose market share – the worst thing that could happen to you right now.

Buea students coached on business

Concretely, we shall be holding regular seminars in UB campus with students, give them tips and advice on how to find the jobs they wish to exercise their skills and how to create their own enterprises." On a discourse on "Grandaunts/Youths and the Labour Market in Cameroon", Deputy Branch Manager, National Employment Forum, Southwest Region, Bernard Mwambo said his institution has put in place Degree Employment Programmes, Training Facilities, Self-Employment Opportunities, Placements and the Encouragement of CIGs possibilities for graduates. In an electrifying presentation on "Leadership and Motivational tips for youth success," Solange Ashu of Kumba-based Nation Builders Association told her audience. "Everything comes by practice and development. Before, I could not address a crowd of two or three people, even amongst my friends.

Business Leaves Nonprofit In Lurch

The Balls did not return a message left at their Tampa home.

Bishop has since left Florida for North Carolina, where he is attending business classes at the University of North Carolina's campus in Chapel Hill, his former colleagues said.

Ed Turanchik, who worked with Bishop on the Civitas project, said he doesn't know what happened to Renaissance, but he suspects that increases in steel prices, coupled with the real estate market downturn, had something to do with it.

"It's a tough market right now," he said. "And when a business fails, people lose money."

Renaissance's assets were supposed to be bought out by Innovative Steel Technologies in a deal for about $2 million, including Renaissance's manufacturing site in Ybor City. Innovative Steel CEO Doug Biddle said he had planned to employ 30 at the plant, and later planned to expand the jobs to about 70 for manufacturing and 50 for field work.