According to a new Ad-ology Research study, "Advertising's Impact in a Soft Economy," more than 48% of U.S. adults believe that a lack of advertising by a retail store, bank or auto dealership during a recession indicates the business must be struggling. Conversely, a vast majority perceives businesses that continue to advertise as being competitive or committed to doing business.
C. Lee Smith, president and CEO of Ad-ology Research, says "It is critical to advertise in the current economic climate, to maintain long-term positive consumer perception of your brand...advertising assures consumers of a business' reliability... "
Other key findings include:
TV, newspaper, and direct mail top local media from which consumers saw/heard an ad within the last 30 days that led them to take action.
A ‘deeply discounted price' was the number-one factor that would make consumers more likely to purchase a big-ticket item (+$1,000).
Communicate to your customers and prospects that your business is reliable.
Maintain your advertising campaigns!
Read more of the research findings at http://www.marketinginsightstoday.com/archives/1223. And, get more information and research data on advertising with toll-free vanity 800 numbers.
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