A Critical Review and Synthesis of Research on Advertising in a Recession
@inproceedings{Tellis2009ACR, title={A Critical Review and Synthesis of Research on Advertising in a Recession}, author={Gerard J. Tellis and Kethan Tellis}, year={2009} }
Based on an extensive review of research on advertising in a recession, the authors identify over 40 related studies. Ten of these studies involve original empirical analyses of cross-sectional or time series data. The rest are theoretical discussions, reviews, cases, or opinions. The studies may be classified into four groups based on the dependent variable analyzed: 1) Sensitivity of advertising expenditures to the economy; 2) Sensitivity of brand versus private label share to economic…Â
Figures and Tables from this paper
26 Citations
Should Firms Spend More on Research and Development and Advertising during Recessions?
- Business, Economics
- 2011
Whenever a recession occurs, there is a heated dialog among marketing academics and practitioners about the appropriate levels of marketing spending. In this article, the authors investigate whether…
The cyclical effect of advertising: Is reducing restaurant advertising appropriate in periods of economic contraction?
- Business, Economics
- 2015
Purpose – The purpose of this paper is to provide an understanding of the effects of advertising based on economic cycles. To comprehend advertising effects in the restaurant industry from an…
Commitment to marketing spending through recessions: Better or worse stock market returns?
- Business, Economics
- 2016
Purpose
This paper aims to address two unique and important questions. First, how do recessions directly affect firms’ marketing spending decisions? Second, and more importantly, do firms…
The economic approach of advertising and the problem of allocating advertising budgets during a recession
- Business, Economics
- 2012
The importance of advertising has changed in many aspects in the last decade, and mainly during the last years of the economic crisis. Economics traditionally did not find advertising a valuable…
US ADVERTISING EXPENDITURE TRENDS: LONG RUN EFFECTS AND STRUCTURAL CHANGES WITH NEW MEDIA INTRODUCTIONS
- Economics
- 2012
In this paper we examine the historical time series of US advertising expenditure on different media, using a long-run equilibrium model, and whether the introduction of new media (TV, Yellow Pages,…
The Unbundling of Advertising Agency Services: An Economic Analysis
- Economics
- 2012
Abstract We address a puzzle surrounding the shift from bundling to unbundling of U.S. advertising agency services and the slow pace of change over several decades. We model an agency’s decision as a…
Expenditure trends in US advertising : long-term effects and structural changes with new media introductions
- Economics
- 2012
Historically US Media channels have competed to attract advertising expenditure from marketing. This has been a fierce battle, where, every few years, incumbents have been shattered by the…
How small-medium enterprises leverage intangibles during recessions. Evidence from the Italian clothing industry
- Business
- 2014
Purpose – The purpose of this paper is to focus on how investments in research and development (R&D) and advertising affect the performance of small- and medium-sized enterprises (SMEs) during…
Sales Drive Advertising Expenditures: Evidence for Consumer Packaged and Durable Goods in Germany
- Business
- 2014
The relation between sales and advertising is both complex and diverse. Whether advertising activities drive orfollow sales is still unclear. We uncover this relation distinguishing between consumer…
References
SHOWING 1-10 OF 63 REFERENCES
The brand manager's dilemma: Understanding how advertising expenditures affect sales growth during a recession
- Business
- 2002
What is the relationship between a company's advertising expenditure during a recession and its sales? For many years, studies have found that increasing or maintaining advertising expenditure levels…
Advertising and the Business Cycle
- Business
- 1941
N THIS study of advertising and the business cycle the writer desires to bring earlier studies on the same subject up-to-date and to extend the research to new spheres.' Earlier studies have been…
The Role of National Culture in Advertising's Sensitivity to Business Cycles: An Investigation across Continents
- Business, Economics
- 2007
The authors conduct a systematic investigation into the cyclical sensitivity of advertising expenditures in 37 countries, covering four key media: magazines, newspapers, radio, and television. They…
How to mitigate private-label success in recessions? A cross-category investigation
- Business
- 2008
This study investigates whether managerial practice in correspondence with the business cycle is partly responsible for the intensified popularity of private labels in recessionary periods. First of…
How Business Cycles Contribute to Private-Label Success: Evidence from the United States and Europe
- Business, Economics
- 2007
The growth of private labels over the past decades has been attributed to various factors. This article formally addresses the link between private-label success and economic expansions and…
Why Continued Advertising is Necessary: A New Explanation
- Business
- 1959
Continued advertising seems to be a well-established marketing principle. But why should it be necessary? The answer lies in recognition of one characteristic of the decision-making process under…
Advertising in Lean Times,
- Advertising
- 2008