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In any recession, customers get stingy. It’s natural.

But is there something different this time; that’s, are customers becoming long-term frugal?

Perhaps. With an unemployment rate at 10.2%, it will likely take several years for it to get to normal levels. What’s more, consumers are saddled with debt and have experienced drastic reductions in wealth (especially with the fall in the real estate market).

Continue reading Entrepreneur’s Journal: How to sell when no one is buying

Entrepreneur’s Journal: How to sell when no one is buying originally appeared on BloggingStocks on Sun, 15 Nov 2009 17:40:00 EST. Please see our terms for use of feeds.

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