Site Archives Economy

Hyundai is Embracing the Recession


Hyundai has launched its “Hyundai Assurance Program,” the nation’s first auto return policy. 
I really like this. 
In these times of bailouts and stimulus packages and tight budgets, Hyundai is embracing the challenges with an idea that really hits home while competitors are wimpering along the sidelines. As the Big 3 make real asses of themselves, and [...]

A Modern Parable: Ford and Toyota


I just got this in my inbox and thought I’d share. I don’t know if this is the origin of it, but it’s the top link in the Google Search. 
Happy Thanksgiving! - The Management. 
A Modern Parable.
A Japanese company ( Toyota ) and an American  company (Ford Motor) decided to have a canoe race on the [...]

Hippos, Recessions and Autopilots: Links Worth Reading


Great reading from the past week:

Fatigue is a much better teacher than autopilot. Too often we strive for coasting, when it’s actually the worst thing we can do. 
Are Your Eyes Bigger Than Your Budget? The thought-provoker: “For a media mix to be effective, each element in the mix must be substantial enough to establish retention.  [...]

Weathering the Storm


There’s a lot of talk these days about weathering the storm. 
Ride out the waves and ripples we’re seeing in the economy, the election, the world stage, etc. 
The bad thing is that “weathering the storm” is normally translated as . . . .

Don’t invest right now. 
Don’t make any big changes right now. 
Don’t cause any trouble right [...]

Raise Your Prices Now


Raising your prices is never easy, and the timing always sucks. But it’s an inevitable fact in most business models, so the key is learning how to best raise prices and still keep your customer base.
Our economy is giving everyone permission to raise their prices now.
With gas going up, airlines charging for everything and milk [...]

Recession Marketing, Super Bowl Ads and Lesssons in Forgiveness


Excellent weekend of reading - enjoy

Healing and Mercy: This is an excellently written story of a high school girl who was raped in 1989 and how she’s coped with it since and managed to find forgiveness and mercy. This happened in my home town when I was in middle school, so it definitely h it [...]

“Don’t Drink Piss”


I thoroughly enjoyed reading through Mark’s post on marketing in the coming recession. You’ll have to link over and read the first couple paragraphs to find out what drinking piss has to do with this. Here are a few other highlights from the post:

Most importantly, remember to point out that the brands that continue to [...]