
Those who spent a considerable amount of time in the advertising business know well how fragile the industry is against economic struggles.
The economic crisis means uncertain times. And most of the brands are tentative about making investments in uncertain times.
The problem is that advertising is an investment.
We have seen lots of global, regional, and local economic crises in the 2000s and most of the companies in the business developed some kind of survival skills during these hard times. We have heard this saying a lot: There lies an opportunity in every crisis.
But this time, things are pretty different. COVID-19 crisis that put the world on hold made us experience something we had never seen before in the modern global economy. As the nature of this crisis is not similar at all to the other crises we faced during our lifetimes, it became a real struggle to crack the code of the situation we are in. Continue Reading…