Audio By Carbonatix
Business managers are being advised to consider marketing as an integral part of their investment budget.
Most businesses strike off marketing cost when they begin to record low returns but Managing Director of Accra Brewery Limited, Gregory Metcalf says it’s during such periods that marketing must be made a priority.
He spoke to Joy Business after he delivered a lecture organized by the Chartered Institute of Marketing Ghana.
“The fact is that if you want to build your organisation in a recovery, you need good brands, good products, that people believe them and you need good skills and when you’ve and cut those out of your business, then you are in a weak position to grow.”
Under such circumstances, competitors who didn’t cut spending in marketing, but rather invested - during the tough times - in good strong brands, “has got the consumer’s eye and he is the one who is going to grow.”
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
‘Madam Koi Koi’: Nollywood actress Oby Kechere is dead
4 hours -
Nollywood actress Funke Akindele stranded over Air Peace delay in London
4 hours -
‘I didn’t want to marry artiste, pastor, politician’ – Banky W’s wife, Adesua
4 hours -
Actor Lateef Adedimeji, wife welcome triplets
4 hours -
‘Finding fuel was a problem’ – Davido explains after missing show
4 hours -
Air Ghana increases cargo fleet with third Boeing 737 freighter, boosting West Africa trade
4 hours -
Witness details management of multiple company accounts in Adu-Boahene trial
4 hours -
Court remands two over unlawful possession of arms
5 hours -
Manchester City reject Man Utd FA Youth Cup final venue offer
5 hours -
‘Caption this’ – Ferdinand and Carragher’s social spat
5 hours -
Terzic agrees to become new coach of Athletic Club
5 hours -
Foden reaches agreement over new Man City deal
5 hours -
Players will boycott a Slam ‘at some point’ – Sabalenka
5 hours -
Arsenal reach Champions League final for the first time in 20 years
5 hours -
National Food Buffer Stock needs GH¢770m to clear rice glut as GH¢100m procurement continues
5 hours