Anyone else quiet?

4xfun

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Dec 31, 2007
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Wirral
Is it just me, or is it p'raps because it's January and everyone is getting the credit card statements in :eek: that business has simply just not taken off again this year yet?

My main job (presently while I'm building 4xfun up) is dealing with the motor trade doing trim repair work, and I've never known it so quiet.
Been going into the garages, and with one or two exceptions, they are all reporting stagnation.
Asking everyone else who's in business too, plumbers, builders, printers, wedding organisers, taxis, even the local off licence, and they are all reporting very poor trading.
General concensus of opinion is that everyone is worrying about mortgage payments, and as a consequence, they're all tightening their belts.

Is this general nationwide in most forms of industry etc, and hopefully just a seasonal trend, or is there something more sisnister to be getting concerned about, like the dreaded................. R word. :eek:

P'raps not such a good time to be starting up a new business after all?
 
J

JoyDivision

I've had a busy month so far, but a lightening strike in my area is a big cause of that as it caused several £1000's of damage and me being one of the best known IT companies in the area means I get a nice slice of that.

If it wasn't for the strike then this month would have been very average, and even then only due to a client who has a major hard drive failure on their central business machine so I have done a lot of work for them.

I live in a well of area where education is the biggest employment sector so I am hoping the effects may not be too bad long term, however with mortages and food rising the outlook is bleak.

Thankfully SME's which forms the bulk of my income will also require my services :).
 
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4xfun

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Dec 31, 2007
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1 big main dealership in Chester just gone into receivership this week apparently...not one of my customers thankfully...and another one has trimmed back by closing one of its branches.
Scary.

My phone has only rung on 3 out of the last 8 working days.
Shall we ring each other up ey Matt?! :D
 
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4xfun

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Dec 31, 2007
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Wirral
The media are making the situation far worse by making people believe they have no money.

Exactly what I've been thinking. Flamin' press hypin' everyone up.
Gloom and doom makes for good headlines sadly, but it does have a knock on effect.
Bit like when they said...DON'T PANIC, there's plenty of fuel for everyone.
That reads to joe public, PANIC PANIC PANIC, we're all doomed! :eek:
 
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J

JoyDivision

Take it that you're up the wall with punters then, having their houses extended cus they can't afford to move?
Out of every negative, someone gains a positive.

I am hoping if things do get bad my cheap PC repair service may become very popular, where as when times are good people will spend £300 on a new PC rather than £50 on a repair now people may be desperate and are forced into repair. It has got to a stage where so many computers I don't repair but tell them to buy a new one and just make money from the advice.
 
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estwig

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Sep 29, 2006
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in the cloud
I am hoping if things do get bad my cheap PC repair service may become very popular, where as when times are good people will spend £300 on a new PC rather than £50 on a repair now people may be desperate and are forced into repair. It has got to a stage where so many computers I don't repair but tell them to buy a new one and just make money from the advice.

What is the matter with people this evening???

Don't hope, if it is what you want make it happen, make them see the benefit in the £50 repair, how much money people have is irrelevant!!

People are always looking to save money, whether rich or poor.
 
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4xfun

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Dec 31, 2007
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No mate, not at all, there is always a positive for everyone and always has been.

It is all about your perspective.

Tell that to some of the miserable gits I have to listen to every day then will you? ;)
Must be rubbing off on me now too. :rolleyes:

Been through all this quiet stuff before. It'll pick up, it always does, but it does get a bit unnerving when things go quiet.
Something i've never managed to get me 'ed 'round for some reason.:|
 
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I had a few more phone calls last year.... but I'm not worried as visitor rate to my website is up as there has been a wee bit of advertising gone out for the exhibition I am attending on Sunday which hopefully will get me a few orders as I have also had to do an early bird offer. Its already paid off as I am working at the moment with about half a dozen orders :)
 
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I'd love to be quite for a week at least - would give me a chance to re-organise our stores, get the vans washed at least once this year and weigh in or scrap copper mountain with the scrappy.

Unfortunately I dont have a day spare for 3 months..which is unusual for this time of year.
 
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Asking everyone else who's in business too, plumbers, builders, printers, wedding organisers, taxis, even the local off licence, and they are all reporting very poor trading.

This printer is flat out - but that is because we are following our business plan, part of which deals with making our business as immune as possible from economic slowdowns and the like.

The main thing is - we looked at how printers do business - and then did the opposite
 
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All this doom and gloom bouncing about is an opportunity for those that are proactive. I am in the events industry and that is one of the first areas to be hit when the economy turns south.

I suspected back in Sept things were going to be this way so have spent more time on marketing.

Jan 2007 = 202 enquires representing 1864 clients
Jan 2008 with 4 days to go 240 enquires representing 2699 clients

Our other several perfomance indicators are also all up . If I can maintain our enquiry close rate we will have over 100% revenue growth over Jan 2007.

I point these things out as I am in an industry that has convinced itself that things are going to be bad , very bad.

I decided not to listen. My advice is increase your marketing spend as their is profitable market share to be won when these downturns happen.:cool:
 
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4xfun

Free Member
Dec 31, 2007
250
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Wirral
Slightly different catergory and size to my 'new little business venture', but I dare say I could learn from you from a marketing point of view then?

My general feedback....and I know I'm dealing in a slightly different market to you granted, is that demand is actually rising for leisure activities.
Parents around here are constantly whinging that they can't find anything different for their kids to do for birthday treats, and holiday activities, and that is exactly the market I'm targeting.
The coming few months will prove one way or the other.
 
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All this doom and gloom bouncing about is an opportunity for those that are proactive. I am in the events industry and that is one of the first areas to be hit when the economy turns south.

I suspected back in Sept things were going to be this way so have spent more time on marketing.

Jan 2007 = 202 enquires representing 1864 clients
Jan 2008 with 4 days to go 240 enquires representing 2699 clients

Our other several perfomance indicators are also all up . If I can maintain our enquiry close rate we will have over 100% revenue growth over Jan 2007.

I point these things out as I am in an industry that has convinced itself that things are going to be bad , very bad.

I decided not to listen. My advice is increase your marketing spend as their is profitable market share to be won when these downturns happen.:cool:

Interesting our jet ski business is very dependant on the weather,last years weather was terrible for us,but we still managed to do quite well selling parts around the world.

It will be interesting to see how things go if we have a decent summer.

I may be wrong but I suspect there is maybe more need for recreational activities during times of financial stress.?


Earl
 
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Interesting our jet ski business is very dependant on the weather,last years weather was terrible for us,but we still managed to do quite well selling parts around the world.

It will be interesting to see how things go if we have a decent summer.

I may be wrong but I suspect there is maybe more need for recreational activities during times of financial stress.?


Earl


A bit the same for us, last July normally our 2nd best month of the year was terrible. Pre booked was good but last minute bookings and walk ins were way down. Reason was the huge amount of rain. Great for the rivers and what we do but people like the sun to shine to encourage them to go out.

Hoping for much more sun this summer:cool:
 
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