There is ample evidence that companies that increase their marketing budgets during tough markets create a competitive advantage that helps them report higher average profit and better market share growth when the economy recovers. And economies do always recover.
We have compiled a resource centre with robust evidence of the power of advertising in times of economic unrest.
Globally revered econometrician and marketing effectiveness guru Les Binet shares his lessons on how brands can not only survive but thrive in a crisis.
Peter Field breaks down his research with the LinkedIn B2B Institute into what lessons from previous recessions still resonate today and explore how brands should act during a crisis.
For decades, we have sought out the best evidence to identify the most effective brand advertising, regardless of fads or fashion. Our reports analyse hundreds of winning cases to understand what distinguishes the very best.
When markets rebound, faster growth is on the table for brands with extra share of voice. Investing in a greater share of media spend in this category has proven to be the foremost way to increase a brand’s market share.
Evidence from 1482 case studies in the IPA Effectiveness Awards Database proves that investing in advertising can help you get ahead of your competitors.
We have evidence that increasing marketing spend in recession helps to grow profits faster in recovery.
(Behind paywall) Brands that cut their marketing budgets during a recession leave themselves at a long-term disadvantage, according to research by Analytic Partners.
(Behind paywall) Consumer packaged goods brands that stop mass-reach advertising, usually witness a double-digital contraction in value market share after one year.
Please see below IPA Effectiveness Awards case studies showing the value of public service advertising.
In the midst of a lockdown, 97% of households in England and Wales completed the 2021 census.
Research showed NHS staff satisfaction and applications rose after media activity. Communications drove 10,000-14,000 extra applicants and reduced cost per applicant.
Sport England’s objective was to reduce the gender gap. Based on incremental sports and health benefits generated, the estimated ROMI was £35 for every £1 invested.
Stoptober grew in impact with 65,000 more quitters in year four than year one and a total 1.5m quit attempts driven by the communications. ROMI was estimated at £2.85 for every £1 invested.
By using the estimated saving to the public purse from children being adopted and therefore kept out of the care system, it is calculated that the activity generated a return of £10 for every £1 invested.
Over the period of this campaign, deaths from fires in dwellings fell by 41 fatalities to 211, delivering a ROMI of £7.12 for every £1 invested.
Since the campaign, there has been a 62% increase in patients aged over 50 visiting their GP about the symptoms highlighted.
This paper reveals how communications changed drink driving behaviour over the course of thirty years from 1979 to 2009 by tackling drink driving attitudes.
The campaign successfully changed behaviour fast: within a year, an estimated 9,864 more people got to hospital faster. It achieved a payback of £3.20 for every £1 spent.
With 93% of paper filers meeting the new October deadline, and a record 69% of tax returns received online, HMRC gained the desired efficiencies, and generated a ROMI of £2:1.
The campaign reduced the cost of crime to the taxpayer by £189 million and generated payback of £14 for every £1 spent.