2001 has been a brutal year. 2002 will be difficult but hopefully not as traumatic. Early indications are that the worldwide growth of advertising and marketing services expenditure will be flat.
"Sir Martin Sorrell" is a British businessman and the chief executive officer of WPP plc. He has served in that role since he started the company.
More Martin Sorrell on Wikipedia.Result in limited pricing power.
We're insulated a little bit from the recession because of our cost structure, but our business is to some extent cyclical, ... With pressure on network TV, rising (interest) rates against inflation and lower, declining audiences, clearly clients are looking at alternatives.
We'll continue to look at it over the next week or so and take a decision one way or another.
I have never heard such optimism, and such positive noise about growth and development in India.
We're building our brand in Asia. With iPR, it clearly makes Ogilvy the strongest public relations company in the region.
A terribly invidious position by people giving him an earache about this.
The volume and the demand is so great ... we're able to price our services a little bit more aggressively as a result.
Primarily our strategy is organic growth, buttressed by acquisitions.
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