John Quelch Quotes
It is well documented that brands that increase advertising during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost than during good economic times.
Topics
Advertising, Ads
Competitive Advantage
Cost Effectiveness
Investment, Investments
Market Share
Economic Times
Advertising Spend
Advertising Strategies
Advertising Strategy
Brand Awareness
Brand Visibility
Economic Downturn
Market Competition
Market Share Growth
Return on Investment
Return on Investment (ROI)
Citations
Quelch, John A., and Katherine E. Jocz. "How to Market in a Downturn." Harvard Business Review, vol. 87, no. 4, Apr. 2009, pp. 52-62.
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John Anthony Quelch CBE is the Leonard M. Miller University Chair Professor, Vice Provost for Executive Education and Dean of the Miami Patti and Allan Herbert Business School at the University of Miami. He is also the Charles Edward Wilson Professor of Business Administration Emeritus at Harvard Business School and Dean Emeritus at the China Europe International Business School, Shanghai.