Tag: recession

The Risks of a Low Cost Provider Strategy, Even in a Recession

The Risks of a Low Cost Provider Strategy, Even in a Recession

We’re in the middle of a recession and suddenly all of the smaller companies I’m talking to are concerned about whether or not they should be dropping their prices.  The thinking is that in times of tighter budgets, the lowest cost provider has a market advantage.  Is that really true?  And if it is, are [...]

January 4, 2009 | 3 Comments More
Innovating Through Recession

Innovating Through Recession

Paul Dunay at Buzz Marketing writes a post here pointing to a research paper by Andrew Razeghi from the Kellogg School of Management on Innovating Through Recession. Andrew makes 7 great points in this paper but I love the first one where he states: Listen to the market. It’s quieter when it’s less crowded. Unmet [...]

November 24, 2008 | 0 Comments More