I was listening to Squawk Box yesterday morning and they had an executive of Coca Cola on for the morning. One of the subjects was how important is it to continue to advertise in a recession. The advertising budget of every company is and has been under scrutiny as companies seek to cut cost and keep their heads above water,
Coke has been around for about 120 years. This company knows something about recessions and advertising. They have survived and expanded their company into over 200 countries world wide. He made the statement that they believe, and analysis backs it up, that now is the time you expand your market share. The best time to capture more of the market
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