Going up going down like a roller coaster, companies and individuals are rising and falling faster than ever.
I am seeing large companies lose shipments in the distribution channel.This has more to do with logistics errors than bankruptcy or any other loss.
We havent seen the stock market dance like this since Cab Calloway curing the great depression.
Economic uncertainty is creating a world we havent seen before. New technologies added to the mix and consumer spending habits are changing. Many businesses are restructuring, changing its outlook and closing stores. It seems to be a good time to start a new venture because of lower commercial property costs and lower cost loans for those with spotless credit.
Thrift store shopping is up as consumers make smarter decisions about clothing and cars. Thrifty shopping goes hand in hand with online shopping. It seems like some online customers would like an item to be free. I havent seen the threat of theft online that I see these days. So many customers trying to weasel out of paying. Sales of smaller name brand high quality items seem to be going well. The high end items are selling at a slower pace and at lower prices than normal.
Making adjustment to pricing and paying attention to shipping costs helps a seller move invenrtory in this market. Amazon.com is clear front runner in online sales at this point with ebay second and ecrater and bonanza on their heels. Ebay has unfortunately created a bad seller environment and has forced sellers into free shipping. Amazon shipping model has always been pretty good.
Going forward I believe making adjustments very quickly will help in this market for online sellers. If you find something that works for you maximize profits then ride the wave. When it changes, you must change. Make money! Ride the wave again. Make money! Repeat.
