Economy down, but who is up?
Looking over some posts myself and others have posted in the last few weeks, I see a common topic of conversation. A large amount of the Leadpile blog consists of some good postings from my peers about what is going on with the economy. The sad part about the troubling economy is it is affecting so many people in the world in a BAD way. However, did you ever think about the people that this struggling economy is benefiting? I mean really… one person’s failure is another person’s gain. So, who is gaining in this credit crunch and declining market?
1. Honda- the auto maker has struggled like all other auto makers with producing newly desired hybrid models. Honda will be rolling out 1 more hybrid variations in addition to it’s 2 models that are currently at Honda dealerships. However, consumers are looking for smaller more economical cars VS trucks and SUVs. Them not being a car maker that had been highly focused on trucks, has allowed them to be the only car maker to increase their sales numbers, and that was only 1%.
2. Public transportation- more and more people are now taking public transportation and now cities are even adding new routes to take care of all the additional people. Cities have wanted this for years- save the environment, cute down on pollution etc. Now they have what they wished for!
3. Credit repair and debt settlement companies- these companies could have seen some slower times with everyone going the refinance route. Loan officers were advising consumers to do a refinance to consolidate their debt, amongst other things, with the new found equity in their homes. The credit repair companies are now seeing consumers coming to them because they have no other options.
4. Payday loan industry-consumers have an ability to take out a payday cash advance loan as a last resort for a really hard time. However, are there now more consumers that normally are not taking out a payday loan, having to consider it to pay that next mortgage payment or other outstanding bill?
How about car warranty providers, gas companies, loan modification companies, bankruptcy attorneys, and home buyers looking for a good deal? All these types of companies should be feeling an increase in business.
There are some more that are benefiting from this downturn in the economy, and we really have to say hats off to them. Some of these companies like Toyota have been in the shadow of other auto makers and now it is their turn to shine!
With regards to lead generation companies and lead exchanges, how are we going to adjust to this change, and satisfy any new demand for different products and services? Why not look at the economy in a positive light, that there are some out there that are not going through any economic hardship? Glass half full VS half empty: YOUR choice.
Very Astute observations!
For every “loser” there is a “winner”. It takes an unusual person to detect opportunities when everyone around them is crying and moaning.
Your examples are right-on! It’s just a matter of recognizing the situation, evaluating the options, taking action and adjusting.
Debt collection, payday loans, auto title lending, RAL’s, the pawn industry, etc., etc., etc. are rockin today. If your not in an industry experiencing tremendous growth and potential, get out! Get out of your comfort zone.
As Dr. Wayne Dyer and others say, “If you focus on scarcity that’s what you’ll manifest”. You’ll get more of less!
Now go out there and make yourself and others rich!
Jer
1With the current economic down turn more and more people are turning to coupons and any means necessary to cut their costs. So you need a deal site. There are many dealhunting site on the internet. Most of them can help you find a great deals and coupons. I highly recommond this site – http://www.just4deal.com. It is a pretty good site for accessing various online sales, coupons, and clearance events. I don’t really think it’s an end all and be all website for shopping. I think it should be a supplement to your online purchases. So if you know you need to buy a digital camera or a garden hose then on top of shopping around in the “real world”, you check the big sites like Ebay.com, and Amazon.com and then this site… the overview may be a little thin but it’s a lot easier to get at a large amount of sales and compare them, in this way than in any other way. I like the site layout as well; it’s easy to figure out where you need to go, and then to compare percentages off on the specific product you want.
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