Marketing Mix During Recesssion

Marketing Mix During Recesssion

In a situation of recession I think even the top marketing methods are not working. The customer will look at the mandatory requirements rather than going in to promotional schemes and advertisements. I am sure almost none of the creative offers are working and no targets are met during such a period.
So ultimately it is the need of the hour that we have to use in our marketing mix and we should be thinking about these kind of unforeseen situations well ahead.

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		1 Cecilia Greene, UK
	Time versus Money and Place in Marketing Mix Totally agree. Sometimes (e.g., during a recession) the needs of the customer are not being met well in case there simply isn't any finance. Such an individual has to come up with something else to fulfill that need. Even though the product or service is not really what they want, they have to cope with what they can afford at the time. Other P's like the place don't really matter at the time.

		1 Sanjay Pandey Student (MBA), India
	Create a Good Marketing Mix for Recession I'm not agreeing with Mr. Nikhil at all. In poor market conditions, big players are generally doing ... Sign up

		1 Nikhil Business, India
	You Cannot Decide on One Business My friend Sanjay has definitely a point in explaining the market situation and the changes made by B... Sign up

		3 Ravi
	Thinking About Unforeseen Situations in Marketing This boils down to the basics of marketing, and what is marketing? Marketing is not what you want t... Sign up