Greenguy's Board - View Single Post - Do you think this business is recession resistant?

SheepGuy · 2007-03-14, 06:15 PM

Lowry's got some good points. But if a recession hits the US it will likely be worldwide eventually since a lot of major economies are based on the US dollar.
And since credit cards aren't used as much worldwide as they are in North America I'm certainly going to be looking for sponsors that offer alternatives. I'm not panicking, but I'd like to see more sponsors that pay me in Euros anyways, and offer more choices like Euro-debit and 900 #'s for surfers.
A few people in a few threads here have said that European traffic converts very well, and I get a lot of hits from Europe now, so I'd like to be able to sell to them more effectively.
If a recession does hit, I think alternative forms of payment other than cc's will save our asses, and I'd like to start using them now.

2007-03-14, 06:15 PM	#9
SheepGuy It's the end of the world as we know it, and I feel fine Join Date: Jul 2006 Location: Canada Posts: 2,527	Lowry's got some good points. But if a recession hits the US it will likely be worldwide eventually since a lot of major economies are based on the US dollar. And since credit cards aren't used as much worldwide as they are in North America I'm certainly going to be looking for sponsors that offer alternatives. I'm not panicking, but I'd like to see more sponsors that pay me in Euros anyways, and offer more choices like Euro-debit and 900 #'s for surfers. A few people in a few threads here have said that European traffic converts very well, and I get a lot of hits from Europe now, so I'd like to be able to sell to them more effectively. If a recession does hit, I think alternative forms of payment other than cc's will save our asses, and I'd like to start using them now. __________________ If the Environment was a bank, they would have saved it by now.