On September 29th, the Standard & Poor’s 500 index plunged and all of its constituents’ stocks fell, all bar one: the Campbell Soup Company. Investors flocked to the iconic brand, which makes some of America’s favourite soups and its shares went up by 0.3 percent. That’s a very good clue to the type of brands that will prosper in 2009 - those that represent good quality and excellent value for money.

According to Interbrand, as value for money rises up the consumers’ agenda, two early beneficiaries of consumers’ changing mood have been German hard-discount supermarket chains Aldi and Lidl (read Mark’s blog on brand names, coming soon), which have been gaining market share across Europe from established giants. It used to be shameful for the middle-class to shop at discounter stores but now their brands suggest intelligent buying.

For consumer, read business. I believe now is the time for agencies to respond as partners to their clients in these challenging times with solutions that deliver good quality and excellent value for money. The flight to value is for all of us to embrace. As a marketing agency, Beechwood have always liked to think we offer our clients value. And with the current weakness of sterling against the dollar we now offer our US clients more value than ever.