Ways to beat a design and marketing slump

Personally, I have noticed other recessions far sooner than this one. It seems like months and months of dreary economic forecasts had passed before I got an inkling that it was going on. Anyway, here’s some ways to defeat the dreaded downturn.
Diversify
Do something you’re not doing at the moment. Web designers should diversify into web development. Print people should explore the internet. Design firms should move into marketing.
One of the crazy things about the last few years is not how the internet has taken over but how all media has evolved. Take the humble PDF for example; it’s a way of supplying print ready artwork as well as a revolutionary form of digital communication. So printers, don’t worry if you think the internet is daunting you already have tremendous experience in creating one of the great formats of the future!
Advertise
As reported in a previous article about managing recession, two of the world’s biggest advertisers, Unilever and Procter & Gamble, announced recently that they would not cut their marketing budgets.
A recession is a time to increase your advertising budget not reduce it. Advertising space and marketing services may reduce in price as other companies cancel orders so you can steal market share at a good price.
Outsourcing and saving money
Why would you want to give work away? Because you’re too busy to do it. So you accept the work, give it to someone else to do and charge the client more than what you pay them.
Work from home. Email PDFs of invoices, quotes, work samples, etc. Don’t buy printers and use snail mail. Use Gimp instead of Photoshop. Xara Xtreme instead of Illustrator. There’s tons of free fonts, vectors, backgrounds and photos out there. Cut costs not quality.
Consolidate
Keep your existing clients as they are your best source of new business. Drop a line or make a call to a client if you haven’t heard from in a while. A Christmas card to everyone you’ve known in a professional capacity is one of the best exercises in consolidation there is.
BTW.. I’ve been doing the Christmas card thing for years, its a great move.
Thank you, Blog Design Studio, too true about the quality factor with outsourcing. It takes time to build up a list of people/companies you can trust.
Ronald