If I Read it in The Papers...

...It must be true.

Apparently, there's a depression on the way. 'Everyone' is saying as much, so I guess it will happen, even if it wasn't going to before.

Sometimes, I think 'everyone' just gets a bit bored with doing okay from time to time...

But anyway, there's a recession on the way and it's great news.

Not for everyone, it's true. But for me, and for you, if we both play it smart.

Because the business I'm in thrives on difficult times and competition and even a shortage of cash. If that sounds counter-intuitive then you may be a marketing executive or the head of a company that's about to 'pull in its horns' in a vain attempt to ride out the recession.

I was born in the 1950's and, although the war was long over, the UK was still deep in debt as a result of it. The UK economy was struggling and a lot of prewar companies didn't survive.

Some, though, thrived.

Mysterious, eh? Some kind of conspiracy? Not really. The companies that thrived during the most difficult periods of the last hundred years (it was much the same in the decade or so after the first war) were the ones who invested in marketing, in a big way. Pretty much all the household names of the fifties and sixties became household names because they advertised - on commercial television, in newspapers and magazines and on commercial radio (mostly 'pirate' stations in the UK back then).

Their goods weren't cheaper and they weren't better - they were just there.

And most of them survived, while the firms who drew in their horns and tried to ride it out, very often didn't.

And, as marketing people, we owe it to our clients to remind them of the lessons of history. When there's a squeeze on, and money is tight, we all tend to spend it on the products that are most visible, and not on the ones that seem to disappear. If there are two items to choose from, we'll choose the one that's put in front of us.

For us, there's a simple lesson:

you must market yourself hard and persuade your clients to do the same. If they want to not just survive the recession, but thrive in it, they must out-sell the competition. Persuade them of that and, for you and your clients, the boom times are here!

Roy Everitt, Writing For Results