Title: Marketing in a Downturn
Author: Julie Schwartz
Date Published: November 17, 2008
Ref. Number: SV4320
Pages: 66 slides

ITSMA members are beginning to feel the effects of the financial markets crisis. Although pipelines remain strong in the 4th calendar quarter, companies are issuing cautions regarding 2009. There is little-to-no visibility for 2009 customer demand. In response, marketers are changing their strategies and tactics.

Key Takeaways

  • In response to the economic downturn, most ITSMA members are operating under some (rather than significant) budgetary constraints
  • Marketers tend to fall into one of two camps:
    • Optimists: Believe the downturn will last between 7–12 months
    • Pragmatists: Believe the downturn will last 19–24 months
  • 42% of marketers will be employing more marketing outsourcing and offshoring to reduce fixed expenses and labor costs
  • Marketers are shifting, refocusing and prioritizing activities
  • They are also being opportunistic
  • And they are cutting back in the expected places

Study Methodology

  • Online Web-based survey
  • Survey invitations were emailed during October 2008 to ITSMA member and select non-member companies
  • 48 representatives from 41 companies responded
    • Number of companies invited to participate: 127
    • Number of companies responded: 41
    • Response rate: 32%
  • ITSMA analyzed the data by:
    • Company type (sells products and services or primarily services)
    • Annual services revenue (<$1B or $1B+)

Respondent Demographics

Industry

  • Sell both products and services (60%)
  • Sell primarily services (40%)

Size

  • Less than $500M (23%)
  • $500–999M (10%)
  • $1–5B (40%)
  • More than $5B (27%)

This report is available free to companies that provided detailed data in the study.

Agilent Technologies
Alcatel-Lucent
CA
Capgemini
CGI
Cisco Systems
Cognizant
Deloitte
Diebold
EDS, an HP Company
Ericsson
Freeborders
Fujitsu Services
GE Healthcare

HERMES SoftLab
Hexaware Technologies
Hitachi Consulting
HP
IBM
Infosys Technologies Limited
Juniper Networks
KPMG LLP
Logica
Microsoft
NCR
NetApp
Nokia Siemens Networks

Oracle
Orange Business Services
Pitney Bowes
Polycom
SAP
SBS Group
Siemens Enterprise Communications
SunGard Higher Education
Tata Consultancy Services
Tiger Lily
Unisys
UTStarcom
VeriSign
Xerox Global Services
If your company is on this list, select “Member Price” on the order form, and then select option “C” for payment at the bottom of the form. Write “Participating Company” in the text box.
This report is available for sale at member and nonmember prices.
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