
Today, as the economy barely registers a pulse in some industry sectors, your first thought might be to hunker down. Wait it out. See what develops.
But actually, what makes sense is counter-intuitive: When buyers are few, they choose the market leader to serve their needs. They stock up on the best known brand and invest in the one that is most trusted. The companies who successfully project those attributes will win the business when business is scarce. They’ll also bounce back faster than the competition when the economy recovers.