Firms that advertise now to emerge stronger from crisis

Author: Lilly Vitorovich

The message is simple: companies that continue to advertise during the coronavirus crisis will emerge quicker and stronger on the other end than those that hit the pause button in a desperate bid to save money.

Newly created media industry group the Premium Content Alliance on Monday launches a widespread media campaign outlining the benefits of advertising during a crisis, based on streams of data from previous economic crises.
The “When they go dark, the spotlight is yours” campaign is based on independent analysis of ad spending patterns during the 2008 global financial crisis by Peter Field from Britain’s Institute of Practitioners in Advertising. Brands that maintained or increased ad spending, relative to their competitors, gained market share during and following the economic crisis,according to the IPA’s research.

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