Wednesday, January 28, 2009

What people will buy during the recession

Just my thoughts.

No more hype over: What is she wearing!?
People don't want to see a celeb in a new pair of shoes or holding a new handbag.

No more: People don't want to hear about where so and so ate dinner or went clubbin.

What will they buy: People will be buying TV's, flat screens and long term investment items, like a computer.

They will suffer through their back pain and NOT purchase a new matress this year, and will cut back on buying professional attire that can not be worn for more than 2 years. People will buy more items that cost $50-$100 than buying one really expensive item, unless it is an item that has long term usage.

However women will continue to buy their higher priced foundation and makeup cosmetics- it is hard to turn a person who wear $40 lipstick and foundation into a drug store girl, but drug stores will thrive in beauty because many women will not be going to the salon as much and will be doing at home treatments.

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