Miami, FL, June 21, 2009 --(PR.com
)-- The current recession led by subprime mortgage crisis has been affecting both the business and private lives. Many big organizations went bankrupt, innumerable layoffs in job market, 5.1 million job losses till March 2009 since the recession began in December 2007, and overall a gloomy economy. However, the analysts have already started pointing towards the silver lining of recovery phase.
“I would not be surprised if the official end of the US recession ends up being, in retrospect, dated sometime this summer,” said New York Times columnist and Nobel Prize-winning economist Paul Krugman in a lecture at the London School of Economics, according to Bloomberg News.
Reportedly, Stellar Concepts and Design, one of the nation’s leading full service marketing and advertising companies specializing in all areas of affordable marketing (both online and offline), has seen a surge in business since May 2009.
Anthony Giudice, Stellar Concepts and Design president and founder credits this surge in their business to the recovery phase of recession.
“Mr. Krugman’s prediction is very encouraging for the market. Even the largest banks reported that they see the recession going into recovery phase by the end of summer. Bruce Kasman, chief economist for JPMorgan Chase & Co. and chairman of the American Bankers Association's Economic Advisory Committee, has recently said that the economy will return to growth but not to health. We had been providing affordable marketing services even during the gloomy economic phase to the clients who had realized the value of advertising and marketing even in a recession. However, since May 2009, we’ve been witnessing a surge in the clients who are coming to us because their business’s market has picked up and they need various services like a website makeover, search engine optimization, search engine reputation management, online marketing, printing etc. This actually gives us a sign that the market is improving and also prepares us for the necessary advertising and marketing strategy as we do not want to increase our competitor’s share of voice and market,” said Giudice.
Several reports are indicating towards the brighter days. According to the US National Association of Realtors, March 2009 saw a 3.2 per cent rise in sales of previously owned homes, indicating a control in the housing slump.
About Stellar Concepts and Design:
Stellar Concepts & Design is a full service marketing and advertising company specializing in all areas of marketing which include commercial printing, video production, website design and re-design, full service mail facility, SEO (Search Engine Optimization), SERM (Search Engine Reputation Management), Graphic Design, 350,000 Promotional Products and more.
For more information on Stellar Concept's scope of services, visit http://stellarconcepts.com
Stellar also offers active Affiliate Marketing program, 10 % of the purchase amount, http://affiliates.stellarconcepts.com/Login.aspx
Anthony Giudice, President