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Inspiration on a Dime
Inspiration on a Dime
April 03, 2009
by The Creative Group Do Lean Budgets Impede on Creativity?
When the going gets tough, the tough get more creative, a new survey suggests. 40% of marketing and advertising executives polled said campaigns become more innovative when budgets are lean. 26% felt that tight spending had no effect on creativity levels, according to The Creative Group. Advertising and marketing executives were asked, “In general, do you think advertising and marketing campaigns become more or less creative when budgets are lean?” Their responses: Much more creative 9% Somewhat more creative 31% No change 26% Somewhat less creative 24% Much less creative 8% Don’t know 2% “In a challenging economic climate, businesses rely on their marketing teams to develop campaigns that resonate with consumers who are more selective in their spending,” says Megan Slabinski, executive director of The Creative Group. “Firms that lack the resources to support traditional marketing initiatives may be willing to go out on a limb and try something different.” Slabinski noted, however, that not all belt-tightening fosters creativity. “Our research shows that tight deadlines are a top source of creative blocks,” she said. “Consequently, marketing teams that are stretched too thin may have trouble generating quality concepts.” The Creative Group offers the following five tips for promoting creativity among employees:
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