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How to Market Your Brand During a Recession

Rangeme

Together, these trends point toward an economic slowdown and potential recession. June 23, 2022. , July 28, 2022. That’s why we’re sharing the following marketing best practices to help you grow your top line, even in a recession. Pause to plan. Five Marketing Strategies For Coming Out Of The Recession Stronger.

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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

million in 2022 on $598.1 That is significantly higher than what companies typically spend on sales and marketing. Take department store Kohl’s, last year its marketing costs were only 4.9% A survey by Gartner found the average marketing spend as a percentage of a company’s revenue was 6.4% of revenue.

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Retail Statistics You Should Know

Small Biz Trends

And if you are wondering how many retail stores are in the US, the number 4.2 What can you expect when you talk about global retail sales? According to a report from Statista, global retail sales are expected to touch 26.69 trillion in 2022. Small Retail Businesses. image: Retail Dive. image: FIRST INSIGHT.