Executive summary : There's an economic downturn. So promotion marketers are trimming their sails, judging by Promo’s 2008 Marketer Trends Survey.
Only 30% expect to increase their consumer promotion budgets this year, compared with 42% in 2007. And our respondents are doing more work in-house.
But don't worry. This slowdown in growth is only temporary, if intent means anything. Almost two-thirds of our respondents say that promotion is a large part of their marketing mix.
The Promo Survey also takes a look at where promotional marketers are spending their money, what it all means for marketing departments and how brands are measuring the success of promotional campaigns.
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Professionals provide answers to your questions Interactive
Kim Collins, Realtime Media Inc. Loyalty Brandmovers
Andrew Mitchell, Loyalty Brandmovers Sweepstakes
Bruce Hollander, Don Jagoda Associates, Inc