Who benefits from a struggling economy or a recession?
Posted by TJ on Wednesday July 16, 2008 @ 10:01 AM
[Tags: economy, internet, thoughts]
Who will benefit from the falling economy and fears of recession?
Internet advertisers, thats who. Gas prices have increased dramatically and so has all prices in general which have led to some people skipping their vacations, trips to shopping malls, leisure activities to spend more time at home. What do people do at home? Browse the internet. And there's only so much someone can do online before they will click an advertisement, even if they have a strict no click policy against advertisements.
Now some may also argue that this increase in internet users will be washed away by others who cancel their internet because of the economy. Don't kid yourself... it's impossible to live without internet in this day and age...right?
Update
Apparantently internet auction websites benefit as well. eBay's profit increased 22% in the last quarter. I guess everybody is buying is used gas on there or something. What ever happened to the purported boycott of eBay to due the site's change in fees and feedback policy??
Source: EBay profit jumps 22% CNN.com
Source: EBay seller boycott set to start Monday CNN.com
[Tags: economy, internet, thoughts]
Internet advertisers, thats who. Gas prices have increased dramatically and so has all prices in general which have led to some people skipping their vacations, trips to shopping malls, leisure activities to spend more time at home. What do people do at home? Browse the internet. And there's only so much someone can do online before they will click an advertisement, even if they have a strict no click policy against advertisements.
Now some may also argue that this increase in internet users will be washed away by others who cancel their internet because of the economy. Don't kid yourself... it's impossible to live without internet in this day and age...right?
Update
Apparantently internet auction websites benefit as well. eBay's profit increased 22% in the last quarter. I guess everybody is buying is used gas on there or something. What ever happened to the purported boycott of eBay to due the site's change in fees and feedback policy??
Source: EBay profit jumps 22% CNN.com
Source: EBay seller boycott set to start Monday CNN.com
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