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Many of my freinds are feeling the pinch.... people are holding back a bit - waiting to see how it all gets sorted.
Same in your neck of the woods? |
Optimists invent airplanes,
Pessimists buy parachutes. |
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Rank: Member
Joined: 11/5/2003(UTC)
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Our license sales are steady at about 220% of what they were last year at this time. Given our price cut that's right in line with a small bit of growth. I'm not sure how that translates to retail as we're a more specialized product but we're geared towards retailers.
Do you sell overseas at all? We're seeing strong demand from overseas due to exchange rates.
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Rank: Member
Joined: 12/19/2006(UTC)
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Yes and no. . . .
Our monthly sales have been growing each month this year, and are better than last year, however we are only seeing a 15-20% growth, as opposed to a 20-30% growth.
We definately have seen a lower average order total (about $60 vs $80 last year.)
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Rank: Member
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Free Shipping on orders over $X will bump your tickets up if margins allow for it. |
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Rank: Member
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Here in Australia we had 3 consecutive interest rate rises in the last 6 months.
After every rate rise we had a very quiet period of about 3 weeks and then sales went back up but not as high as before the rate rise.
I think people feel the pressure. We had the same behaviour in both online stores and the bricks and mortar one.
Regards,
Corneliu. |
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Rank: Member
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Amazing how far apart the situations are in Australia v the US. Here we cannot lower rates fast enough for fear of stagflation and over there they are raising rates. Mitch I think the situation overall is not great in the US. Manufacturing is in the toilet and with it the auto and airline industries and all associated businesses. Look at Nascar, each week they run unsponsored cars for the first time in as long as I can remember but more importantly the overall number of sponsors are off. Retail sales are horrible and all realty associated business/trade businesses are in trouble. Our industry is not immune, most of the major manufacturers (the honest ones) report it is very slow. PromoManagers
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Rank: Member
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Associated Press had a story this morning. Internet sales were $204 Billion USD in 2007 and are expected to grow 17% this year.
I wonder if the USD will deflate 17% in value this year :-)
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Rank: Member
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Problem is, a little too much of that money is going to China.
Lessee... they send us junky toys that we throw in landfills, we send them dollars. They come back and buy our banking industry and high-tech corporations, we work at McDonalds.
Sounds FUBAR to me, but hey... I just work here. |
Optimists invent airplanes,
Pessimists buy parachutes. |
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Rank: Member
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I think what is just as scary is the price of fuel. To fill up our little 4 cyclinders now costs $50, the larger vehicles run $70-$80. Economy wide that is going to hammer us into the ground if we can't get it under control. Some of it has to do with the weak dollar but our own greed and profit taking has a lot more to do with it on Wall Street. They just released the future home sales figures today and it's at a historic low which shows there is no bottom in sight for the real estate market. The dollar is worth little, fuel is through the roof and we're just entering the recession. Not good at all. PromoManagers
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Rank: Member
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Shameless plug, I have vehicles available that get 60-120 miles per gallon ;) |
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i get 0 MPG! Save gas and ride a bike! ;)
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Rank: Member
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Bryan, that should be 0 GPM.
Matt, OK, I'll bite. |
Optimists invent airplanes,
Pessimists buy parachutes. |
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Rank: Member
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In our market, sales have remained steady -- of course we are in a niche where folks are going to buy the high end foods for their birds no matter what -- it's one of the last things that they will cut -- it's like baby food -- people will buy the brand names if that is what their baby has been on, too risky to switch to another brand, and there really aren't "store brands" for folks to switch too, at least the type of folks that are into that "higher end, organic" type of products. |
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Originally Posted by: "MitchA" 
Bryan, that should be 0 GPM.
Matt, OK, I'll bite.
Yeah i was trying to find the infinity sign lol... Our market has gone down a bit. The good thing, like Joe said for his niche, is that doctors need their equipment and supplies no matter what. Now how long they decided to hold on to their old equipment, thats dependent on the market.
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