Economic Development in Tough Times

Abstract

A traditional approach to investment attraction includes a heavy emphasis on publication advertising, direct mail, tele-prospecting and collateral mailing. This approach is costly, difficult to measure and time consuming to implement effectively. Today's marketing strategies can take advantage of both tried and new Internet channels, using the Internet as a primary vehicle for image creation through the dissemination of facts, stories and anecdotes about a community all with the intent of creating interest, thereby attracting people and businesses.