The "R" word?
The "R" word?
Out of context: Reply #49
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- johnnnnyh0
"how the Internet reacts to recession"
Good point - I'd not thought of that but actually it will be interesting to see whether it is robust enough an industry to deal with recessionary pressure. I think the key is that with the internet the delivery route is free - so you can sit at home, advertise, update, rebrand whatever and it may not have cost you a bean. Obviously the degree to which you can do this "professionally" will vary greatly.I think that some businesses that should have failed earlier will now fail, since there is less fat in the system to support dead weight businesses. I will be interested to see how other sectors deal with it, for example tourism or events etc.