leasanton, California, USA - MarketingSage's174; Corp., a provider of integrated marketing services, today announced the availability of The CMO'ss Recession Survival Guide. The guide highlights the external and internal pressures on emerging businesses and highlights 8 practical recession management rules that experienced chief marketing officers have used to survive previous recessions.
Since managers realized they had to deal with a steep recession there appeared to be a disconnect between the budget cuts and layoffs that some businesses are implementing and what many
naive marketing writers are saying businesses should do, said Agnes Lamont, vice president at MarketingSage Corp. This guide looks at the hard realities faced by chief marketing officers
and highlights what'ss worked for those who survived the last recession.
In a recession, the idealists argue for a realignment of marketing resources, staff preservation and investments in brand building. The arguments have academic merit, but fail to address
the cash crisis faced by the chief executive officer, chief financial officer and shareholders. This idealism often drives a wedge between CMOs and other executives that ultimately
results in marketing decisions being made by less qualified individuals empowered to preserve cash and drive immediate revenue. Cash is king in a recession so CMOs usually lose this
argument, and often their jobs.
Pragmatic executives on the other hand realize that hard decisions and the right business decision are often the same. They slash marketing budgets early and if they find that revenue
generation programs are under funded, they recover a discretionary budget by cutting staff and outsourcing program management. By outsourcing their marketing, businesses only pay for the
services they need as they need them. This heavy emphasis on near term revenue generation, even at the expense of long term objectives, allows firms to survive, rehire and thrive again.
The CMO'ss Recession Survival Guide is one of a series of tools and articles that MarketingSage associates can use to educate and help their clients and prospective clients. It'ss part of
MarketingSage'ss Words To The Wise 's8482;series available free at www.marketingsage.com/w2w
About MarketingSage
MarketingSage (www.marketingsage.com) is a US-based contracted marketing team that helps other marketers and business executives increase
revenue by cost-effectively generating sales leads, building brands, launching products and developing sales channels. MarketingSage is more effective than typical agencies because its
associates are highly motivated business owners (franchisees) with years of experience in their clients's industry. Associates are trained, equipped and supported in their delivery of
best-practice marketing programs. MarketingSage was founded in 2001 and serves national and international clients.