Vendavo and Market Medium have joined forces to create the most robust pricing and selling solution on the market. Learn More
Expert Tips for Recession Proofing Your Business
Price evangelists, business consultants, sustainability advisors, and other experts share tips for preparing your business for any economic state.
Download Your Free eBook
Is there a recession on the horizon?
Supply chain issues, massive layoffs, budget freezes, global crises, prolonged inflation – businesses have been through the trenches lately.
Unfortunately, most roads point to continued economic distress. But it is not all doom and gloom. Now is a better time than ever to get your financial house in order. In this eBook, price evangelists, business consultants, sustainability advisors, and other pricing and selling experts weigh in on the impending recession and how you can prepare your business for any economic state.
Download this eBook to discover:
How the U.S. has experienced boom and bust overtime
How organizations survived previous recessions through a focus on mindset, behavior, technology, and efficiency
Tips from the experts to prepare your business for the threat of a recession or other economic tribulations
A Few Perspectives You’ll Find Inside…
The best way to prepare for a recession is to enable your organization to respond quickly whether the opportunity is shrinking or growing. A baseline focus on pricing agility will allow you to respond in real time, which is really the only 100% effective tool available to prepare for and weather change, be it good or bad.
VP Business Consulting
Be Honest & Transparent
Be honest and transparent with your customers! They are smart and already realize their values are changing during the recession. Be your customers’ partner. Understand their value changes and work with them to find the non-negotiables.
EMEA Managing Consultant
Go Back to the Basics
A recession is a good time to come back to the fundamentals and to focus on profitable growth. Reinforce the core, innovate, and make the investments you never had time to make. Prepare the next ten years of growth. Remember that the best defense is an offense.