'More' with 'Less'

If recession is for real. Communicators should get ready to do MORE with LESS.

Fewer consumers means less demand; less demand means efforts to stimulate demand (i.e,. marketing) are less effective overall. In other words, when people buy less, advertisers spend less. According to research firm Veronis Suhler Stevenson, advertising in the US dropped 9% in the 2001 recession and Internet advertising specifically fell 27%.

I should point out that this slowdown applies to business-to-business marketers as well, because as consumer spending drops the businesses that sell to those consumers reduce their spending as well.