They say that if you are not in Google, you do not exist. I reckon Wikipedia is approaching a similar stage when it comes to describing, well almost anything - take the current hot topic ‘Credit Crunch‘. This phrase needs to come with a health warning. If you lend money to people with a limited ability to pay it back, gamble on interest rates and disposable incomes, and make it your main revenue earner then you are sure to have created a business that is too sensitive to economic swings. The world is changing fast and the internet and our demand for data is driving it. Economic growth in the UK for 2008 may only be forecast at 1% by Ernst & Young, but this is an average with both lows and highs at opposite ends of a Bell Curve distribution. The UK promotions industry continues to expand - rapidly. A slower economic growth rate is actually useful. It forces organisations to step back and realign their strategies to the environment they find themselves in - or should do. At Redbows we are seeing clients focusing their spends on more measurable promotional activities - they are increasing their direct mail and sales promotions budgets. Promotional gifts are also being used as part of wider PR and advertising campaigns to help improve call-to-action response rates and drive prospects towards tailored-landing pages - all easily measurable activities. So, we need to appraise what is happening in our industries, keep scanning the horizon for changes but perhaps relax a little and question whether we really do always need to catch a cold if America sneezes.