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What Consumers Think About Recession-Related Marketing


Some Statistics to Consider

Adweek Media and Harris Interactive polled 2,186 U.S. adults between September 25 and 29 to find out what American consumers think about advertisements that use the economy as a marketing tactic. As the firm says, advertisers have to decide how to deal with the issue of the recession. Some simply ignore it, but many have incorporated it into their messaging.

Whether or not you have campaigns in place that incorporate recession-related messaging, you may find the results of Harris Interactive's poll interesting. It may even cause you to reconsider.

Findings include:

- 27% say advertisements, which mention the economic troubles and the recession make the brand seem more manipulative

- 23% say the advertisements make the brand seem more realistic

- 12% say these types of advertisements are depressing and make them less likely to purchase the brand

- 39% have no opinion about advertisements, which mention the recession.

- Men are more likely than women to say these ads make the brand seem more manipulative (29% versus 25%) while women are more likely to believe these ads make the brand more realistic (27% versus 18%)

- Those aged 18-34 are more likely than those aged 55 and older to say these types of ads make the brand more realistic (27% versus 18%). 

- Looking at education, those with a college degree are more likely than those with a high school or less education to have an opinion at all, both believing that the ads make the brand seem more manipulative (31% versus 24%) and make the brand seem more realistic (26% versus 17%)

- Those who have a household income of less than $35,000 are more likely than those with an income of $75,000 or more to say the ads are depressing and make them less likely to purchase the brand (16% versus 8%)

- Those with a household income between $50,000 and $74,999 a year are more likely to make a brand more manipulative (32%)

As the report says, advertisers have to walk a fine line with their ads when dealing with economic issues. It may help to consider your audience. Either way, you will want to approach the subject with caution, because no brand wants to come off as manipulative or depressing.

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About the author:
Chris is a content coordinator and staff writer for SmallBusinessNewz and the iEntry Network. Subscribe to SmallBusinessNewz RSS Feeds.

Comments

It speaks for itself...

I've basically found that the recession speakes for itself in the minds of consumers and they respond accordingly. Economic and physical preservation are instinctive. As far as my industry goes, the depressed economy naturally raises the crime level creating in people a feeling of vulnerability therefore they are shopping at my safety and security web site more often. I don't need to add to their already raised concern for their safety. They're looking for a sympathetic ear and solutions which I am glad to offer.

clients taking advantage of it

People may think this type of advertising is manipulative, but they are certainly using the economy to their advantage by asking for discounts. The economy has affected me and my family as well, and discounting my prices puts me more in debt. My vendors aren't discounting my bills.

sales piches

 same old crap diffrent approach

Recession orientated marketing has its place

In my business, I offer a product which helps people save money so to me, mentioning the economic recession in passing is just part of doing business.

Economy plays a role in the

Economy plays a role in the behaviour of the customers. In some way as a business you can modify your business plan to curtail to the customer if it makes cents for you.

Watch Out For Negative Advertising And The Media

Yes, the Media would love to have us believe that all is bleek, only bad news sells!  Not it turns over in adds, not sure as this points out that depressed people are willing to part with their hard earned cash the media has you believe you need to hang on to as the economy stinks.

One thing to consider, that DOW is back up to 10,000 and has been up over 9.000 the las couple of months.  Someone out there is gaining confidence enough to buy stock in companies based upon their fiscal reporting or just the feeling they have about the economy!  Lets all work on that instead of the meek and bleek!

 

the writing's on the wall

Irrespective of research, the most effective copy always puts a positive, solution-driven spin on a product or service. Always.

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