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Economic Downturn

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» Economic Downturn, Volume 8, Issue 1, 2008
If respondent reduced advertising or promoting in the business compared to six months ago.

1b. Is the most important reason for the promotion reduction:?

Response
1 Market is established and you need less promotion 18
2 Cost of promotion 30
3 Seasonal factors 3
4 A slowing overal economy 43
5 Other 6
6 DK/Refuse 0
Total (%) 100
N 96

Notes: Thirty (30) percent of small employers who reduced advertising or promoting in the business compared to six months ago did so because of cost.


Volume 8, Issue 1, 2008
ISSN - 1534-8326

Willian J. Dennis, Jr.
NFIB Research Foundation



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