Letter From Korea: Service With A Smile

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To stimulate sales in a depressed economy, ads rely on humor
Adversity is the mother of invention. just ask korean advertisers and their agencies. At present, they are coping with a grim economic climate: Unemployment is rising, companies are going bankrupt and wages are being cut. With ad spending in the first quarter of this year down more than 30 percent, the name of the game is survival for agencies and clients alike.
Plus, after months of IMF-inspired austerity and restructuring, the knee-jerk “Buy Korean, Save Korea” campaign that appeared when the country lurched into crisis last December has lost its luster.




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