A Kaulkin Ginsberg Publication
TransUnion
11/21/2009

Economic Downturn Provides Golden Opportunity for ARM Companies with Vision

June 10, 2009
 
Digg!
What's this?

TAMPA, Fla. -- Like their counterparts in the wider marketplace, agencies and industry vendors in the ARM industry are feeling the pinch of budgetary belt-tightening -- and many expect their advertising, travel, and expense budgets to be further constricted in the next six months as a result of current economic conditions. Companies in this industry are challenged with identifying cost savings without sacrificing production for their customers. At the same time, in order to remain competitive, companies must increasingly evaluate new technologies and implement new tools to meet customer requirements, compliance guidelines, and profitability targets.

CORNERSTONE SUPPORT, INC.

We are a true full-service compliance solution for state licensing, bonding and resident offices. Put Your Licensing & Renewals in Our Hands.

Find out more...

"Agency owners in particular are often first among those to cut sales and marketing budgets, but should exercise caution about this short-term fix" says Roxanne Bartley, President of Bartley Ventures, LLC, a leading marketing consulting firm in the accounts-receivable-management industry. "Especially during periods like this one, when competitors are scaling back, it may be the best opportunity for visionary leaders to position their organization for increased market share." Bartley continues, "Instead of hastening to slash sales and marketing budgets, industry executives have a wonderful opportunity to carefully evaluate their current books of business, reconsider their growth plans, and reposition themselves for success."

Among those who are already right-sizing their operations and reducing spending, the majority realize that in order achieve their company's goals, they must still realize a significant increase in sales to make up for the decreased margins.

Ms. Bartley states, "Although the knee-jerk reaction may be to cut spending, this economic climate may in fact represent the opportunity of a lifetime to showcase your company or product better than ever. As the economy recovers, a select few will have out-branded their competition; every industry leader would love to be one of the success stories."

About Bartley Ventures
Bartley Ventures, LLC provides advanced performance marketing solutions that help business-to-business companies increase sales. By facilitating strategic relationships between credit grantors and service providers, Bartley Ventures leverages its proven expertise in third-party-collection sales to drive measurable results for its clients.

For more information about Bartley Ventures, LLC, please visit www.bartleyventures.com.

 

<<< Return to Newsletter

 

 

Get Hired - jobsInsideARM.comHiring? Post a job - jobsInsideARM.com

Be the First To Comment

(Please read our comments policy first.)

From:
Show my identity with comment

Leave this field empty
Interested in more stories like this?
Tell us what topics you're interested in and we'll keep you posted. Enter your email address below.
CR Software
Sentinel
DAKCS
Interior Concepts
  • DAKCS
  • West Asset Management
  • CRS
  • B-Line
  • Interactive Data

Log In

Already registered? Log in here.





Forgot your password?

Register for FREE with insideARM

Create an account with insideARM and get access to our FREE newsletters and industry reports.








 

Check all | Uncheck all

Daily news and analysis
* Recommended *
Credit cards
Healthcare
Government/Municipal
Student loans
Mortgage
Auto finance
Collection agency operations
Collection technology
Debt purchasing
Recovery management
Hiring/Staffing
Job opportunities
Leave this field empty
 

You are already registered!

The email address you've entered is already in our database, meaning you've previously registered on insideARM.com.

All you have to do is log in using the form on the left.