How to use if/then to make text appear or disappear

[RedMisterExcel]

Hey guys, so I want to use a conditional formula to cause the following:

If the cell B1 = Yes
Then B2 displays “do this”

If cell B1 = No
Then B2 is blank

Is that possible at all?

 

[Fluff]

How about

=if(b2="yes","do this","")