Nigeria Recession Survival Thread - Personal & Business Support Group - Business - Nairaland
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Covid19 Survival Thread/ Barter Thread / Urgent Need Of Personal/Business Loan / World Bank Says Nigeria Will Soon Recover From Economic Recession (2) (3) (4)
| Nigeria Recession Survival Thread - Personal & Business Support Group by WebclickNG: 6:15pm On Oct 16, 2016 |
These are frightening times for any business in Nigeria. Financial markets are in chaos and now the real economy seems to be taking a nosedive. How should you be prepared to react? What's the optimum marketing strategy in a recession? The Nigeria Recession Survival Group is a Facebook support group to help individuals and small business owners to survive the current recession in Nigeria. Join us now @ https://www./NigeriaRecessionSurvival/ This thread will feature report from around Nigeria how members are surviving the recession including special offers to help others survive. Please find time to respond to the two evaluation questions below. Thanks. 1. To What Extent Has Your Organisation Been Affected By The Recession In Nigeria? a. Extremely affected b. Largely affected c. Moderately affected d. Slightly affected e. Not at all affected 2. How Has Your Organisation Been Affected By The Recession In Nigeria? a. Keeping sales levels high enough b. Keeping costs low enough c. Maintaining existing markets d. Finding new markets e. Keeping prices high enough f. Obtaining the necessary resources to run the business g. Other |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by realunclej(m): 6:52pm On Oct 16, 2016 |
1. c 2. a & d |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by realunclej(m): 6:07am On Oct 17, 2016 |
prodam: You are probably right |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by realunclej(m): 6:08am On Oct 17, 2016 |
WebclickNG: |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by WebclickNG: 6:27am On Oct 17, 2016 |
prodam: Thanks for the observation, however the main objective of the question is to find out to what extent Organisations been affected by the recession. Our report will focus on possible reaction and the effect it will have on businesses |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by vaicprojec(m): 7:15am On Oct 17, 2016 |
1. a 2. a & d |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by WebclickNG: 9:43am On Oct 17, 2016 |
Except from the upcoming FREE report: Recession Marketing - Getting Your Business Through Nigeria Recession. Don't cut your prices. Many businesses turn to deals and sales when the recession is hurting them. However, doing so will only make it harder for customers to justify paying your regular prices when the recession is over. In addition, these lower prices can cut into much needed profits. The only exception is that you may want to offer one-time payment extensions or discounts to customers that are also having a hard time. Just be clear to them that you are only extending this service once. |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by WebclickNG: 1:12pm On Oct 20, 2016 |
Except from the upcoming FREE report: Recession Marketing - Getting Your Business Through Nigeria Recession. Don't panic: Most marketers assume that consumers cut their spending when recession bites. In fact, total consumer spending rarely falls in nominal terms -- it just grows more slowly and so fails to keep up with inflation. And some categories, such as packaged goods, tend to do well in a recession. So don't panic -- your sales may be healthier than you expect. |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by WebclickNG: 9:30pm On Oct 22, 2016 |
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| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by WebclickNG: 8:37am On Oct 23, 2016 |
The Nigeria Recession Survival Group is a Facebook support group to help individuals and small business owners to survive the current recession in Nigeria. Join us now @ https://www./NigeriaRecessionSurvival/ |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by WebclickNG: 7:09am On Oct 24, 2016 |
The Nigeria Recession Survival Group is a Facebook support group to help individuals and small business owners to survive the current recession in Nigeria. Join us now @ https://www./NigeriaRecessionSurvival/ |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by realunclej(m): 10:03am On Oct 24, 2016 |
Don't panic: Most marketers assume that consumers cut their spending when recession bites. In fact, total consumer spending rarely falls in nominal terms -- it just grows more slowly and so fails to keep up with inflation. And some categories, such as packaged goods, tend to do well in a recession. So don't panic -- your sales may be healthier than you expect |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by realunclej(m): 5:30pm On Oct 24, 2016 |
A high price, per se, need not be a problem as long as people believe your brand provides value for money. |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by realunclej(m): 5:35pm On Oct 24, 2016 |
Except from the upcoming FREE report: Recession Marketing - Getting Your Business Through Nigeria Recession.In-store marketing traditionally thrives in downturns, and for good reason. Brand associations do not erode overnight, so even when a brand is not advertising, in-store media and signage will remind people of the brand’s promise right at the point of purchase. |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by realunclej(m): 5:39pm On Oct 24, 2016 |
Except from the upcoming FREE report: Recession Marketing - Getting Your Business Through Nigeria Recession.The best way to leverage your spend is to put it behind high-quality creative. |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by charlly2016(m): 5:40pm On Oct 24, 2016 |
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| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by wasuka14(m): 6:26pm On Oct 24, 2016 |
Are you a company or individual and in need of Yam or Cassava in large quantity. Just contact me. |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by realunclej(m): 6:27pm On Oct 24, 2016 |
[b]Cutting your advertising spending. [/b]Pull out of traditional advertising like television and radio and instead focus on improving your social media presence. Doing so is free, even though it might take more of your time. |
| Re: Nigeria Recession Survival Thread - Personal & Business Support Group by WebclickNG: 8:00am On Oct 28, 2016 |
The Nigeria Recession Survival Group is a Facebook support group to help individuals and small business owners to survive the current recession in Nigeria. Join us now @ https://www./NigeriaRecessionSurvival/ |
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