Here are the Top 10 things that people won’t stop Buying even during the time of recession.
So doing a Business in the following 10 things can be a Recession Proof Business.
The Market research also indicates that consumers are going to be shopping online more:
So doing a Business in the following 10 things can be a Recession Proof Business.
- Internet service
- Cell phone service
- Cable or satellite TV
- Discount shopping for apparel
- Hair cuts and color
- Fast food restaurants
- Casual sit-down restaurants
- Charitable giving
- Vacations
- Fast-casual restaurants
The Market research also indicates that consumers are going to be shopping online more:
Amazon.com reported its best holiday [season] ever, in part because people were looking for deals, They didn’t want to spend money on gas or be tempted by promotions at the mall, so they sat at home, did their shopping, got some great deals and - in many instances - didn’t pay sales tax.During the time of Recession, people won’t spend more money behind traveling and transportation to the local area store. Instead they will buy the products online. So the online stores like Amazon.com have reported a good profit in this season.