Back to school bounce!
Anyone working in marketing and businesses that support and supply it will all testify that many companies (if not all!) have been holding back on their marketing activity in 2009. Let’s face it, you’re not going to get sacked if you under spent on your marketing budget this year!
Come September, however, with a full 16 weeks to boost sales before the end of the year, will we see an increase in activity and a release of pent up demand? Have our attitudes to marketing spend been curbed forever (or at least a very long time) or will under-used budgets get used up? I know which one my fingers are crossed for! It’s hard to imagine, as things stand, any growth in 2009, and even the most optimistic out there would surely predict nothing more than modest growth in 2010.
Ultimately this impacts an marketing activity; if potential return is not there, why spend precious budget chasing low ROI?
Sales promotion is a sophisticated market in the UK and a lot less dependent on Christmas sales than it was a couple of decades ago, so perhaps any pick up in activity will be less evident anyway. At The Corporate Gifts Company, we’ve seen a “back to school” bounce in every one of our 18 years in business and we’re sure it will happen this year, but at what level; who knows. What does anyone else think out there?
Whatever happens, The Corporate Gifts will be here to supply high end executive incentives and business gifts.
You know where we are.
Tags: business gift, Business Gifts, corporate gift, corporate gifts
