A Few Good Things to Come Out of the Recession†

Five Accelerating Trends That Will Reshape Marketing

Advertising Age, August 26, 2009 — I'm sure I'm not the first one to tell you: We're in a recession.

The doom has advertisers hanging signs along the lines of "Will Work For Food" on their agency walls, and marketers continue to face facts and figures like these, from Forrester's 2009 Global CMO Recession Survey: 71% of marketing budgets have been reduced this year, and more than half reported reductions greater than 20%.

Now here comes the curveball: I think this might be the best thing that has happened to our industry in decades.