: ' : 3 Terrace Review — Wednesday, August 14, 1991 A9 _ Bax East, the politicians and the financial fortune-tellers are saying the recession is over. But out . -on the floor, your sales staff has a different story. Customers are spending warily, if at all, and inventory. is sitting around too long... if this is a recovery, we're all in trouble. It looks like time to cut some costs. But have you thought about what you want your market position to be when the economic recovery really arrives? If you pull in your advertising budget in the tough times, who is going to remember you when the money starts flowing again? | | : - The businesses that survived one. economic plunge after another in the course of this century were the same McGraw-Hill Hesearch, 1986 ae A ones, studies show, that continued i aggressive advertising campaigns and kept their market share intact during the = hard times. Compared to competitors with’ equal sales going into the down- . turns, persistent advertisers came into the upswings with sales advantages . averaging 3.2 to 1 against their non- advertising competitors. 7 Effects of Advertising in a Recession on sales (Indices) : 375 S Companies that Maintained or increased advertising in Both 1981 and 1982, Companies that Eliminated or Decreased Advertising in Both 1981 and 1982 195 Campbell’s, Coca-Cola, Ivory, Kelloge’s, Kodak, Lipton, Wrigley... do these names sound familiar? All were market leaders in 1925 who increased their advertising budgets during the | 1930’s depression. They're still market oem leaders in 1990. Can you recall the names - of their 1925 competition? re Neither can anyone else. ES 1980 SCC ' ; a 1981 1982 1983 1984 1985 Any business cap dry up a bit during a recession, - Only the timid ones get blown away. ne Keep your enterprise in the front and centre of the mins of people whe read in Terrace «JACK BECK Sales Representative cn | Tel (604) 635-7840 oo. Fax (604) 635-7269. Residence (604) 635-2608 > > Terrace Review ~2. 4535 Greig Avenue -. Terrace, British Columbia _ V8G 1M7 - PUBLISHED BY CLOSE UP BUSINESS SERVICES LTD. at oh . woe > eel ’ mies He : a SA Be - : og penny