What are some effective marketing strategies during a recession?
During a recession, focus on cost-effective strategies like targeted digital marketing, customer retention, and value-driven messaging.
How can I retain customers when budgets are tight?
Offer loyalty programs, personalized communication, and emphasize the value of your products to keep customers engaged.
Should I reduce my marketing budget?
Instead of reducing your budget, consider reallocating funds to high-impact channels that deliver better ROI.
What role does social media play in recession marketing?
Social media can enhance brand visibility and engagement at a low cost, making it a vital tool during economic downturns.
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