Thursday, April 15, 2010

Trading Down Due to the Recession - A New Niche in How Consumers Buy


No matter what financial bracket as people, money seems to be a bit tighter in any situation these days due to recession. People have more budget, changes to spend and what they spend their money on. Cost reduction can be achieved through giving up that morning cup of gourmet coffee, driving cars that get good fuel mileage and do not buy brand name products. There are several other things that people giving up, as these objects come from the electronics department. There is a new niche in how consumers buy their electronics and there are some interesting trade ins take notice.
No matter what financial bracket as people, money seems to be a bit tighter in any situation these days due to recession. People have more budget, changes to spend and what they spend their money on. Cost reduction can be achieved through giving up that morning cup of gourmet coffee, driving cars that get good fuel mileage and do not buy brand name products. There are several other things that people giving up, as these objects come from the electronics department. There is a new niche in how consumers buy their electronics and there are some interesting trade ins take notice.
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Now people buy prepaid cell phones to budget and save money. Using a prepaid phone, people can choose how many minutes they want to use that month for the flat fee. After those few minutes are up, they can always choose to buy more minutes, but people seem to have a meal more when they know they can only use so much.
other electronics item that people seem to gravitate towards the style netbook PC. Netbooks are small in comparison to traditional laptop as the screen size is usually about 10 to 11 inches. Netbooks are also lighter, easier to travel and usually come with mobile broadband installed. Price is the number one thing that stands out about netbooks, such as range anywhere from $ 299 to $ 599 which is cheaper than a laptop that can range from $ 499 to several thousand dollars. If a person has a netbook, they are still able to surf the Internet at high speeds and using software programs. The only decline on netbooks is that they do not come with an optical drive, which means that owners can not install software that comes on a CD. Digital download software to use, or the person who should buy an external CD drive.
As the economy where it sits on, one can expect that more consumers gravitate toward products with lower price tags as they are starting to do now. This budget seems to be catching on with everyone, as people try to save some money somewhere.

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