2010 was a wild ride for business. Clearly lots of good things happening if you have the cash. Americans still losing homes, businesses and jobs and cant seem to replace them. Its definitely a "New Normal."
People who have cash are buying up what gets lost. The secondary market is flourishing with luxury items seized or liquidated from Bernie Madoff to once wealthy housewives who had to downsize. Your local consignment store should be your first stop before you shop online. People like us who travel the world for designer goods use consignment stores as an outlet sometimes.The mall should be your last stop.
Lot of people are out of work and they think they can start to sell online and instantly do well. This is further from the truth. While start up cost of online business is lower please research before you take the plunge. The game has changed. ebay has been downgraded and most small businesses have moved to sell on amazon.com. There are several reasons why amazon stock price is doing well and ebay stock is in the gutter. Some Advantages of amazon over ebay is that your money earned goes directly to your own bank account. You dont have to deal with the ebay payment processor big bad ugly PAYPAL(who has been known to cause nightmares and financial ruin for some sellers) just google it>paypal problems, paypal sucks..you get the idea.More on that later.
The overall outlook of online selling is smelling like roses. Business has picked up for most of us. We are doing more with less. Now, we have to figure out more winning ways against our fat pocket competition.
