Comments on: Where Did All The Money Go?

By: emini

emini — Sun, 25 Oct 2009 01:08:12 +0000

Excellent post, well written.

By: Frank

Frank — Fri, 02 Oct 2009 19:31:17 +0000

Stocks have risen and continue to rise – as with any market there will always be peaks and troughs.

By: home workouts

home workouts — Mon, 04 May 2009 10:20:28 +0000

hi, nice article there. Hope the recession buries down soon. great tips though. thanks for sharing.

By: James Crowe

James Crowe — Tue, 03 Mar 2009 19:25:50 +0000

Very good advice.

The companies that I deal with have cut marketing spend instead of consolidating in areas which drive profit.

In my opinion organisations should focus on driving the most out of those area's. A proportional budget slash may look good on paper, but will damage the business.

I'd advise people to focus on those core areas and even increase spend. (move budget from areas that have always underperformed)

The current climate is an opportunity for product divisions to prove their worth and maybe invest in other technologies which may help these divisions grow.

For example; competition in the construction trade is fierce, but if you focus on your usp you can still attract business.

This company made good on it's environmental policy of reducing waste and created a way of not disposing surplus supply at landfill...this has helped win contracts.

http://www.builderscrap.com

They may only be small but they're surviving through internal investment, when competition are collapsing under their own weight from budget cuts.

By: www.theseomizer.com

www.theseomizer.com — Mon, 12 Jan 2009 18:43:56 +0000

As far as I think, the most important key is to focus on loyal customers. Offering them the best service and products can ensure your life in such a scenario. Remember, don't experiment.

By: Ariyes

Ariyes — Mon, 12 Jan 2009 14:55:07 +0000

According to the present scenario, adaptation in the world market is really a tough job. Being realistic, frugal and turtle can help up to some extent and rest depends on investors.

By: Singapore SEO

Singapore SEO — Sun, 28 Dec 2008 02:17:01 +0000

Marketing budget is typically slashed across board during an economic downturn like this. Expect marketing budget to worsen in times to come.

By: gadgalia

gadgalia — Thu, 04 Dec 2008 16:49:07 +0000

More rules but very essential for a good business plan.Thanks for the information.

By: George

George — Wed, 26 Nov 2008 15:06:25 +0000

Check out the Kondratiev wave. Kondratiev was a man who mapped world economies and noticed that recessions/depressions was the best time for innovation. So I would suggest to everyone out there to get their thinking caps on, look at ways of doing things better or more economical. This is the time of opportunity – Warren Buffet

By: wilhb81

wilhb81 — Tue, 25 Nov 2008 15:49:31 +0000

Honestly, Steve. When I read these words, “Be a turtle”, I was quite skeptical about it, but after I've read it through, I think you're definitely have the point here!