Luxury brands ditch mass-market strategy as credit crunch deepens
24 Feb 2009 | by Nicola Clark
and famous via credit cards and loans. As credit dries up and people seek to manage their debts, some luxury ...
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attributed to the poor summer, the 'credit crunch' - a term loosely coined to describe the impact ... . It is clear that consumers are not responding to the credit crunch in a rational way, and levels of anxiety do ... owners, the advertising community and marketers are operating at the sharp end of this crunch. One need ...
and famous via credit cards and loans. As credit dries up and people seek to manage their debts, some luxury ...
The concept of the credit crunch, once the preserve of the business pages, has migrated ... of consultancy The Partners, goes as far to suggest that the credit crunch has 'become so embedded in our ... are beginning to show interest in the idea of using the credit crunch in their advertising. However, he ...
to grow, following a collapse in numbers during the credit crunch in 2008. Emma Harris, sales ...
According to exclusive 'Feeling the pinch' research from the Henley Centre unveiled in Marketing today it is anxiety - as opposed to consumer's real economic circumstances - which is fuelling consumers' changing consumption habit. What marketers really need to know about the credit crunch How marketers ...
with the launch of a jointly branded credit card with Virgin Money....that our customers will want to put Lastminute.com in their back pocket and hence the credit card ... , said: "We have put together two well known lifestyle brands to create an attractive credit card ... round a great credit card." If you have an opinion on this or any other issue raised on Brand ...
to use the same card to pay for travel and as a credit card.
The new card, which will combine an Oyster card, credit card and payment card in one, will be launched across London this September. Oyster is the electronic pass being phased into the London travel network. The campaign, created by Bartle Bogle Hegarty, is based around the campaign strapline, welcome ...
( 37m) before the credit crunch. The Wheelers retained a put option when they sold the business ...
are still no go areas for three out of 10 and two out of 10 consumers respectively. Meanwhile, the credit crunch looks set to trigger an even bigger stampede towards online shopping. More than half of shoppers ...
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