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	<title>AXIA - national public relations and media relations firm, a Florida public relations firm, serving Jacksonville, Orlando, Tampa, Atlanta &#187; CEO Impressions</title>
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		<title>Has your company harnessed the power of public relations?</title>
		<link>http://axia.net/2010/08/has-your-company-harnessed-the-power-of-public-relations/</link>
		<comments>http://axia.net/2010/08/has-your-company-harnessed-the-power-of-public-relations/#comments</comments>
		<pubDate>Tue, 24 Aug 2010 15:40:06 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>
		<category><![CDATA[NewsBureau]]></category>
		<category><![CDATA[Tips & Trends]]></category>
		<category><![CDATA[tips]]></category>

		<guid isPermaLink="false">http://axia.net/?p=1788</guid>
		<description><![CDATA[When a company executive read a news brief about a Nashville-based transportation firm, he hired the firm for a $5 million annual contract. A news item about a company carries three times the credibility, and has six times the readership or viewership than an advertisement. • “PR — even though it is underutilized — is extremely [...]]]></description>
			<content:encoded><![CDATA[<div id="_mcePaste">When a company executive read a news brief about a Nashville-based transportation firm, he hired the firm for a $5 million annual contract. A news item about a company carries three times the credibility, and has six times the readership or viewership than an advertisement.</div>
<div></div>
<div id="_mcePaste"></div>
<div>
<div>• “PR — even though it is underutilized — is extremely effective when properly leveraged.”</div>
<div style="text-align: right;">– Harvard Business School</div>
<div></div>
<div>
• “Seventy-one percent of business owners say their marketing dollars are best spent on PR.”</div>
<div style="text-align: right;"><em>– Inc. Magazine</em></div>
<div></div>
<div>• “You’d better get yourself a PR partner! PR is not always as visible and not overnight, but it helps subtly and significantly over time.”</div>
<div style="text-align: right;">– Tony Mikes, advertising industry consultant</div>
<div></div>
<div>
• A sale is 89 percent more likely when unpaid messages generate positive discussion in advance of such purchase. Such messages include media coverage, one type of PR, referrals and word of mouth.</div>
<div></div>
<div>
• Nearly nine in ten (86 percent) of Americans say reading about a company in the news is more influential and credible than reading a company&#8217;s advertising.</div>
<div></div>
<div>
• A news story written about your product or service has six times the readership and three times the credibility of an advertisement of the same size.</div>
<div style="text-align: right;">– Starch Research</div>
<div></div>
<div>
• Brand managers: PR is the most effective way to establish brand credibility, gain media coverage and get the best return for marketing dollars spent.</div>
<div style="text-align: right;">– McBain Associates</div>
<div></div>
<div>
• “Eighteen hundred corporate executives said product development, strategic planning, PR, research and development are more important to a company&#8217;s success than advertising.”</div>
<div style="text-align: right;">– American Advertising Federation</div>
<div></div>
<div></div>
<div>• “Seventy-two percent of senior level marketers said PR is most valuable in supporting product marketing and product launches.”</div>
<div style="text-align: right;">– <em>Advertising Age</em></div>
<div></div>
<div>
• “Marketing executives said PR is the most effective marketing discipline for launching new products or services (55 percent), building awareness (52 percent), generating word of mouth (51 percent) and building brand reputation (50 percent).”</div>
<div>
<div style="text-align: right;">– <em>PR Week</em></div>
<div></div>
<div></div>
<p>• “If I had two dollars left, I would spend one on PR.”</p></div>
<div style="text-align: right;">– Bill Gates</div>
<div></div>
<div></div>
<div>• Sears estimated that a positive mention on “The Oprah Winfrey Show” segment later lead to more than $13 million in direct spending for the retailer.</div>
<div style="text-align: right;">– Counsel of Public Relations Firms</div>
<div></div>
<div></div>
<div>Your company, like those in the Harvard Business School study, is probably underutilizing the power of public relations. Let us show you how to leverage PR properly for extremely effective results.</div>
</div>
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		<title>Present Like Apple CEO Steve Jobs</title>
		<link>http://axia.net/2010/04/present-like-apple-ceo-steve-jobs/</link>
		<comments>http://axia.net/2010/04/present-like-apple-ceo-steve-jobs/#comments</comments>
		<pubDate>Fri, 23 Apr 2010 16:28:34 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>
		<category><![CDATA[KeyNote, public speaking engagements]]></category>
		<category><![CDATA[Tips & Trends]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://axia.net/?p=1458</guid>
		<description><![CDATA[I have a speech scheduled next week. It&#8217;s a fairly causal presentation. I anticipate that there isn&#8217;t direct business on the line or even in the room. Regardless, I want to give it my best. To me, my best is a clean, clear, concise, confident, collaborative, informative and memorable presentation. When I think about outstanding [...]]]></description>
			<content:encoded><![CDATA[<p>I have a speech scheduled next week. It&#8217;s a fairly causal presentation. I anticipate that there isn&#8217;t direct business on the line or even in the room. Regardless, I want to give it my best. To me, my best is a clean, clear, concise, confident, collaborative, informative and memorable presentation.</p>
<p>When I think about outstanding presenters in our modern era, I think instantly (and so do others) of Apple CEO Steve Jobs. When it comes to innovating and energizing an audience &#8211; be it customers, shareholders or employees &#8211; he&#8217;s the man!</p>
<p>So I did a quick Google search on Steve Jobs and his speaking skills. I quickly found the following <a title="Present like Steve Jobs" href="http://www.bnet.com/2422-13722_23-192173.html">&#8220;Present Like Steve Jobs&#8221; video on BNET</a>. I&#8217;ll also review a <a href="http://www.businessweek.com/print/smallbiz/content/jan2008/sb20080125_269732.htm" target="_blank">BusinessWeek article titled &#8220;Deliver a Presentation like Steve Jobs&#8221;</a> that I found by the same man, Carmine Gallo. He must be a really big fan of Jobs&#8217; speaking capabilities.</p>
<p>Here&#8217;s the summary tips for your use in your next presentation and mine.</p>
<ol>
<li>Make your theme clear and consistent</li>
<li>Create a headline that sets the direction for your meeting.</li>
<li>Provide the outline.</li>
<li>Open and close each section with a clear transition</li>
<li>Make it easy for your listeners to follow your story.</li>
<li>Demonstrate enthusiasm &#8211; wow them!<br />
- use action, positive  and powerful words like: exordinary, unbelievable, amazing, cool, fun, incredible</li>
<li>Sell an experience<br />
- Make statistics meaningful and significant<br />
- Analogies help connect the dots for your audience</li>
<li>Make your presentations visual<br />
- Allow your words and word choice to paint an image (imagery)<br />
- Paint a picture that doesn&#8217;t overwhelm</li>
<li>Give &#8216;em a show</li>
<li>Idenitify your memmorable moment and build up to it</li>
<li>Rehearse. Rehearse. Rehearse.<br />
Committ and spend time rehearsing.<br />
It only looks smooth, confident and natural because of rehearsing.</li>
<li>&#8220;One more thing&#8230;&#8221;<br />
- give them a little more&#8230; a little more value or an encore.</li>
</ol>
<p>Watch the video. It&#8217;s well worth it. Maybe I&#8217;ll have the courage to upload a video of my next presentation. Until then, I owe Communications Skills Coach and Author Carmine Gallo the credit for this Steve Jobs video and tips outline. More than 95% of it came from him.</p>
<p style="text-align: right;">- Jason Mudd, APR<br />
AXIA CEO</p>
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		<title>Young Adults, Men and High-Earners Most Likely to Use Social Media for Insurance</title>
		<link>http://axia.net/2010/04/young-adults-men-and-high-earners-most-likely-to-use-social-media-for-insurance/</link>
		<comments>http://axia.net/2010/04/young-adults-men-and-high-earners-most-likely-to-use-social-media-for-insurance/#comments</comments>
		<pubDate>Tue, 20 Apr 2010 15:00:01 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>
		<category><![CDATA[Tips & Trends]]></category>

		<guid isPermaLink="false">http://axia.net/?p=1447</guid>
		<description><![CDATA[As in other industries, insurance companies are weighing the benefits of social media for promotion and customer interaction. A new survey from Mintel Comperemedia suggests insurers&#8217; efforts would be best spent targeting young adults, men, and high-income earners, as these groups are the most likely to already use social media for insurance research and communication. [...]]]></description>
			<content:encoded><![CDATA[<p>As in other industries, insurance companies are weighing the benefits of social media for promotion and customer interaction. A new survey from Mintel Comperemedia suggests insurers&#8217; efforts would be best spent targeting young adults, men, and high-income earners, as these groups are the most likely to already use social media for insurance research and communication.</p>
<p>According to the survey, 20% of 25-34-year-olds and 19% of those earning $75k-$100k said they follow companies on social networking websites. Younger adults and men are also more likely than average to say they find advertising on social networking sites useful.</p>
]]></content:encoded>
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		<title>How would you define the word &quot;newsworthy?&quot;</title>
		<link>http://axia.net/2008/07/how-would-you-define-the-word-newsworthy/</link>
		<comments>http://axia.net/2008/07/how-would-you-define-the-word-newsworthy/#comments</comments>
		<pubDate>Thu, 31 Jul 2008 02:55:30 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>

		<guid isPermaLink="false">http://axia.net/blog/?p=118</guid>
		<description><![CDATA[Recently, I was asked, &#8220;how would you define the word &#8220;newsworthy?&#8221; Pardon the rather academic response, but it&#8217;s dead right. News Elements What makes your story newsworthy? Check all elements that apply to your individual announcement. Good news stories have more than one of these elements. &#8211; Proximity: Location, location, location — if an event [...]]]></description>
			<content:encoded><![CDATA[<p>Recently, I was asked, &#8220;how would you define the word &#8220;newsworthy?&#8221; Pardon the rather academic response, but it&#8217;s dead right.</p>
<p style="margin: 0in 0in 0pt" class="MsoNormal"><strong><font size="3" face="Optima LT Std"><span style="font-weight: bold; font-size: 12pt">News Elements </span></font></strong><br />
<font face="Optima LT Std">What makes your story newsworthy? Check all elements that apply to your individual announcement. Good news stories have more than one of these elements.</p>
<p>&#8211; Proximity: Location, location, location — if an event is happening nearby, it will impact readers more than if it were happening somewhere else in the state or world.</p>
<p>&#8211; Prominence: A well-known person, place or event has a stronger news angle than something that the audience isn’t familiar with.</p>
<p>&#8211; Timeliness: Current news has more impact than something that happened yesterday or last week. The news media loses interest in past events because there is always fresh news.</p>
<p>&#8211; Oddity: If something is unusual, the strangeness alone could make it newsworthy.</p>
<p>&#8211; Consequence: If the impact of an event is significant, readers will want to know about it.</p>
<p>&#8211; Conflict: Readers are always interested in disagreements, arguments and rivalries. If an event has a conflict attached to it, many readers will be interested on that basis alone. Stories that involve conflict include those about religion, sports, business, trials, wars, human rights violations and politics, among others.</p>
<p>&#8211; Human Interest: If a situation draws any sort of emotional reaction, then it might contain the news element of a human-interest story.</p>
<p>Just the facts, ma’m.<br />
- Who?<br />
- What?<br />
- When?<br />
- Where?<br />
- Why?<br />
- How?</font></p>
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		<title>MAJORITY BELIEVE ELECTRONIC MEDICAL RECORDS COULD ASSIST IN IMPROVING PATIENT CARE</title>
		<link>http://axia.net/2008/06/majority-believe-electronic-medical-records-could-assist-in-improving-patient-care/</link>
		<comments>http://axia.net/2008/06/majority-believe-electronic-medical-records-could-assist-in-improving-patient-care/#comments</comments>
		<pubDate>Fri, 27 Jun 2008 18:10:49 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>

		<guid isPermaLink="false">http://axia.net/blog/?p=113</guid>
		<description><![CDATA[MAJORITY BELIEVE ELECTRONIC MEDICAL RECORDS COULD ASSIST IN IMPROVING PATIENT CARE    A new Wall Street Journal Online/Harris Interactive Healthcare Poll finds that onlyone-third (33%) of U.S. adults are very confident in their physicians and other healthcareproviders having a complete and accurate picture of their medical history. However, thisconfidence increases to half (50%) for those [...]]]></description>
			<content:encoded><![CDATA[<p><span><strong>MAJORITY BELIEVE ELECTRONIC MEDICAL RECORDS COULD ASSIST IN IMPROVING PATIENT CARE <br />
</strong><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'"> <br />
</span></span><span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">A new Wall Street Journal Online/Harris Interactive Healthcare Poll finds that only</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">one-third (33%) of U.S. adults are very confident in their physicians and other healthcare</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">providers having a complete and accurate picture of their medical history. However, this</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">confidence increases to half (50%) for those who have an electronic medical record.</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">About one-fourth (26%) of adults say they use some form of electronic medical record,</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">mainly one kept by their physician.</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'"> </span> </span><span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">Katherine Binns, Division President for Healthcare Research at Harris Interactive,</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">comments, &#8220;There has been more and more talk lately about electronic medical records -</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">from inclusion in Presidential frontrunners&#8217; healthcare reform plans to Microsoft</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">announcing a consumer website to store and share health information. Insurance</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">companies and employers are also jumping on this bandwagon. It is estimated that each</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">year billions of dollars are spent on redundant tests, and that many otherwise avoidable</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">injuries are caused by medical reporting errors. And it is assumed that much of this could</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">be eliminated with online health systems that communicate with each other.&#8221;</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'"> </span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'"><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">One key concept is that patients would have control over an Internet-based medical</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">record and they would decide with whom and when to share that information. But, as</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">when banking or shopping first went online, there have been issues of privacy concerns</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">regarding healthcare data as well. As things become more common though, these</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">concerns tend to wane, evidenced by a 10-point drop this year (from 61% in 2006 to</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">51%) in those who say electronic records make it difficult to ensure privacy. When it</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">comes to other online medical services, three-fourths of adults feel that patients should</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">be able to schedule an appointment with their physician via email or the Internet (77%)</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">and communicate with their physician via email (75%). These online applications are big</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">first steps in overcoming privacy concerns.</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'"> </span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">More adults (60%) feel that the benefits outweigh the privacy risks than those who do not</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">(40%). Majorities agree that electronic medical records could reduce healthcare costs</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">(55%), decrease medical errors (63%), and reduce redundant tests (67%) &#8211; similar to</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">2006 results. Even more (74%) believe that patients could receive better care if doctors</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">and researchers were able to share information more easily. However, about one-quarter</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">of adults are just not sure that electronic medical records could provide any of these</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">benefits, indicating a need for continued talk about this matter.</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'"> </span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'"><strong><span style="font-size: 8pt; color: black; font-family: Verdana-Bold">Source: </span></strong><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">Survey conducted by Harris Interactive for The Wall Street Journal Online&#8217;s</span><span style="font-size: 8pt; color: black; font-family: 'Verdana','sans-serif'">Health Industry Edition, December 5, 2007. Website: www.harrisinteractive.com.</span><strong><span style="font-size: 7pt; color: #3d9ed8; font-family: Verdana-Bold">28</span></strong><span style="font-size: 10pt; color: black; font-family: TradeGothic-BoldCondTwenty"></span></span></p>
<p></span></p>
<p></span></p>
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		<title>Gen Xers are Not all the Same</title>
		<link>http://axia.net/2008/06/gen-xers-are-not-all-the-same/</link>
		<comments>http://axia.net/2008/06/gen-xers-are-not-all-the-same/#comments</comments>
		<pubDate>Thu, 26 Jun 2008 18:29:35 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>

		<guid isPermaLink="false">http://axia.net/blog/?p=112</guid>
		<description><![CDATA[For many years, consumers born between 1967 and 1977 have been labeled Gen Xers and prided themselves on being independent from corporate America and obvious marketing ploys. In return, marketers tended to target this group with a single strategy. Research by Proximity Worldwide suggests that marketers could have more success if they position messages to [...]]]></description>
			<content:encoded><![CDATA[<p>For many years, consumers born between 1967 and 1977 have been labeled Gen Xers and prided themselves on being independent from corporate America and obvious marketing ploys. In return, marketers tended to target this group with a single strategy. Research by Proximity Worldwide suggests that marketers could have more success if they position messages to appeal to unique characteristics of subgroups in the Gen-X demographic. Here’s an overview:</p>
<ul>
<li>Cruisers – this group loves independence and connects best with ‘specialist’ brands</li>
<li>Nesters – this group maintains a skepticism about marketing but connects with specific brands such as Ikea and Amazon</li>
<li>Super-Breeders – this group is family and child-focused and actively seeks out organic , fresh and environmentally friendly products.</li>
</ul>
<p>As Gen Xers move into their prime earning years, the study is an important reminder not to fashion marketing campaigns solely based on age demographics.</p>
<p align="right">Greenberg, Karl. “Gen X is More Than the Sum of its Parts,” Media Post, 6.17.08</p>
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		<title>Candidates: Listen up</title>
		<link>http://axia.net/2008/02/candidates-listen-up/</link>
		<comments>http://axia.net/2008/02/candidates-listen-up/#comments</comments>
		<pubDate>Sat, 09 Feb 2008 02:53:39 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>

		<guid isPermaLink="false">http://axia.net/blog/?p=94</guid>
		<description><![CDATA[I&#8217;ve got an idea for political candidates. Road signs are common for politicians. They don&#8217;t work too well at night. Why not produce these signs so that the signs reflect and have impact in the dark of night? Even better, use ink technology that absorbs the sun&#8217;s rays during the day and glows at night. [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://axia.net/wp-content/uploads/2008/02/5600.jpg" align="right" height="262" width="337" />I&#8217;ve got an idea for political candidates.</p>
<p>Road signs are common for politicians. They don&#8217;t work too well at night. Why not produce these signs so that the signs reflect and have impact in the dark of night? Even better, use ink technology that absorbs the sun&#8217;s rays during the day and glows at night. That sounds like the very innovation and &#8220;green&#8221; ideas that we need from our politicians to me.</p>
<p>I&#8217;ve researched this . The ink is actually not reflective or phosfluorescent, but there is a printable reflective vinyl which has an adhesive on the back.  It could be laminated to sign faces easily.  Reflective vinyls must be overlayed with a laminate as well not only for protection against UV and abrasion but for easily handling when applying.  Check out the attached picture.  This material is mainly used for police vehicles and other auto graphics, but there&#8217;s no reason it couldn&#8217;t be applied to a sign face.</p>
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		<title>A Man Wakes Up…</title>
		<link>http://axia.net/2008/02/a-man-wakes-up%e2%80%a6/</link>
		<comments>http://axia.net/2008/02/a-man-wakes-up%e2%80%a6/#comments</comments>
		<pubDate>Sat, 02 Feb 2008 14:16:42 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>

		<guid isPermaLink="false">http://axia.net/blog/?p=89</guid>
		<description><![CDATA[A Man Wakes Up… A man wakes up in the morning after sleeping on an advertised mattress, under an advertised blanket, in advertised pajamas. He will bathe in an advertised shower, wash with advertised soap, shave with an advertised razor, drink advertised coffee after his advertised juice and put on advertised clothes and accessories. He [...]]]></description>
			<content:encoded><![CDATA[<p>A Man Wakes Up…</p>
<p>A man wakes up in the morning after</p>
<p>sleeping on an advertised mattress,</p>
<p>under an advertised blanket,</p>
<p>in advertised pajamas.</p>
<p>He will bathe in an advertised shower,</p>
<p>wash with advertised soap,</p>
<p>shave with an advertised razor,</p>
<p>drink advertised coffee after</p>
<p>his advertised juice and</p>
<p>put on advertised clothes and accessories.</p>
<p>He will ride to work in an advertised car,</p>
<p>sit at an advertised workstation,</p>
<p>utilize an advertised computer and</p>
<p>write with an advertised pen.</p>
<p>Yet this man hesitates to advertise</p>
<p>Saying advertising doesn’t pay.</p>
<p>Finally,  when his unadvertised</p>
<p>business goes under,</p>
<p>he will then advertise it for sale.</p>
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		<title>Why Advertise in a Downturn?</title>
		<link>http://axia.net/2007/12/why-advertise-in-a-downturn/</link>
		<comments>http://axia.net/2007/12/why-advertise-in-a-downturn/#comments</comments>
		<pubDate>Fri, 21 Dec 2007 12:25:59 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>

		<guid isPermaLink="false">http://axia.net/blog/?p=84</guid>
		<description><![CDATA[It has been many years since our industry has been as bruised and battered as in the recent recession and ongoing financial pinch. The kneejerk response in any economic downturn is to cut budgets. Sadly, the first budget to be axed is all too often that of advertising and marketing. Why this always happens is [...]]]></description>
			<content:encoded><![CDATA[<p><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; color: #344b59; font-family: Arial">It has been many years since our industry has been as bruised and battered as in the recent recession and ongoing financial pinch. The kneejerk response in any economic downturn is to cut budgets. Sadly, the first budget to be axed is all too often that of advertising and marketing. Why this always happens is beyond me. It is also beyond most business experts. Historically speaking, it has been demonstrated time and again that companies that maintain or increase their advertising investments in periods of economic downturn increase their sales and share of market, both during and after the downturn. </span></font></p>
<p><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; color: #344b59; font-family: Arial">In short, when times are good, you should advertise; when times are bad, you must advertise. </span></font></p>
<p><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; color: #344b59; font-family: Arial">Consider these facts: </span></font></p>
<ul type="disc">
<li style="margin-bottom: 12pt; color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">Economic downturns hit tentative advertisers hard, while those who market aggressively are rewarded. </span></font></li>
<li style="margin-bottom: 12pt; color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">Maintaining a strong advertising presence during a downturn, especially when your competition is cutting the ad budget, automatically increases your market share. </span></font></li>
<li style="margin-bottom: 12pt; color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">Maintaining market share is much less expensive than having to rebuild it later. Failure to maintain market share risks current and future sales. </span></font></li>
<li style="margin-bottom: 12pt; color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">Forward-looking competitors tend to gain market share against companies who fail to maintain or increase ad budget levels in a downturn. </span></font></li>
<li style="margin-bottom: 12pt; color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">Brand recognition is maintained through advertising. Failure to advertise through a downturn can damage brand recognition. Advertising through boom and downturns sustains and builds brand recognition. </span></font></li>
<li style="margin-bottom: 12pt; color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">Maintaining a company&#8217;s advertising through a downturn reinforces an image of corporate stability in a time of chaos. It also offers the opportunity to dominate the media where competitors have cut budgets. </span></font></li>
<li style="margin-bottom: 12pt; color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">Companies should regard advertising during a downturn not as a profit drain, but as a profit boost.<br />
Further, check out these factoids from Advertising in a Recession, a 68-page pamphlet released by the American Association of Advertising Agencies. </span></font></li>
<li style="margin-bottom: 12pt; color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">A study of 127 brands advertised on British TV found the brands that increased ad spending by 7% increased market share by 1.1%; those that reduced ad spending by a similar amount lost an average of 1.6% market share. (1993) </span></font></li>
<li style="color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">Chevrolet increased its ad budget in the recession of the mid-1970s, while Ford cut back 14 percent. Chevy’s market share increased by 2 points. </span></font></li>
<li style="color: #344b59" class="MsoNormal"><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; font-family: Arial">During the Great Depression, Kellogg brands maintained their advertising budget, while rival Post did not. Kellogg has dominated the dry-cereal market for the ensuing half-century. Consumer spending has traditionally increased during every recession in the post-World War II era. In 1960-61, personal consumer spending rose 0.84% from peak to bottom. In 1974-75, it rose 12.28%; and in 1990-91, it rose 11.04%.* </span></font></li>
</ul>
<p><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; color: #344b59; font-family: Arial">* American Business Media </span></font></p>
<p><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; color: #344b59; font-family: Arial">So why are so many marketing execs retrenching instead of pushing forward aggressively? Beats the heck out of me. Actually, I understand why so many marketing budgets are the first to go in a downturn &#8212; it is because agencies are so poor at demonstrating return on investment. Marketing is often seen as an expenditure of questionable necessity and unverifiable results. If we get better at verifying the results of our efforts, we will be seen less as an expense and more essential to profitability. We need to be as good at the business part of advertising as we are at the creativity part. </span></font></p>
<p><font size="1" color="#344b59" face="Arial"><span style="font-size: 9pt; color: #344b59; font-family: Arial">Take steps to demonstrate more precisely the value of PR and marketing to your CEO and the board. Learn to measure results by tracking and testing your efforts and reporting to your executives how your work supports the business and raises their bottom line. Get better at identifying measurements that you can actually influence. Sales results and increased profits aren&#8217;t always immediately impacted by an ad campaign, so look for other measures of success. And take the above arguments to the CEO and make your case. With strong statistical support in hand, and a &#8220;Marketing can benefit our business&#8221; attitude, you can persuade your CEO to fight the good fight. Together you will emerge the stronger for your efforts when the economic pendulum swings in a new direction. </span></font></p>
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		<title>Casey Jones</title>
		<link>http://axia.net/2007/12/casey-jones/</link>
		<comments>http://axia.net/2007/12/casey-jones/#comments</comments>
		<pubDate>Fri, 21 Dec 2007 12:25:33 +0000</pubDate>
		<dc:creator>Jason</dc:creator>
				<category><![CDATA[CEO Impressions]]></category>

		<guid isPermaLink="false">http://axia.net/blog/?p=83</guid>
		<description><![CDATA[Casey Jones is new to our agency team. If you haven&#8217;t taken the opportunity to meet Casey, you should. We&#8217;ve found him to be smart, hard working and an all around nice guy. We are lucky to have him on our agency team. His ideas and his efforts are going to pay big dividends for [...]]]></description>
			<content:encoded><![CDATA[<p>Casey Jones is new to our agency team. If you haven&#8217;t taken the opportunity to meet Casey, you should. We&#8217;ve found him to be smart, hard working and an all around nice guy. We are lucky to have him on our agency team. His ideas and his efforts are going to pay big dividends for our agency and our outstanding clients. Thank you, Casey, for all you do!</p>
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