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Wall Street collapse – adversity or opportunity?

29 Sep

A miserable day on Wall Street! The Dow collapsed after the bailout plan was rejected by the US House. A part of me knows that we need the bailout plan to save the economy from further deterioration and parts of me disagree with the bailout.

 

The bill will ultimately pass but not before further discussions, bickering and political posturing. This will drive the Dow to lower levels it has not seen in some time.

 

Unfortunately, the common man does get affected by this though on the face, it appears like a Wall Street bailout. We all have our 401Ks and other investments in stocks and mutual funds. With the Dow crashing the value of these investments also drop.

 

Initially it was the mortgage companies, now it is the banks and insurance companies collapsing. With each collapse thousands of honest, hard working employees lose their jobs.

 

What is the solution to this mess all of us find ourselves in? Nobody has an answer today. However, we need to be optimistic. In adversity lies opportunity. We should keep our eyes peeled and seize every opportunity that comes our way. One of those opportunities is bound to reward but will take perseverance and hard work. So folks, roll up your sleeves and start hunting!

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The new PC guy!

18 Sep

Microsoft is coming up with its own version of the PC Guy. A Microsoft engineer, Sean Siler, is playing the role. Jerry Seinfeld and Bill Gates did nothing to shake the staid and stodgy image created by Apple’s PC Guy. On the contrary, they helped Apple by confirming the perception of a PC.  How the new campaign will shape up is not known but from an ad watcher view point it definitely makes it more interesting.

Group buying – made simple

16 Sep

We have been working on developing this site for the last two years. Finally we have reached a point where we can now invite consumers to use it.

Everyone knows that you can get lower prices when you buy in larger quantities. To make this happen, we have created a portal where you can form your own buying clubs, invite your friends and family to join in or join in with other members. You can do this for expensive electronics, computer systems or even day to day items like groceries, diapers or organic produce.

Once you have the desired quantity, invite sellers to bid on your club business and negotiate from the point of strength. Exert your combined buying power to negotiate volume discounts.

Go ahead and try it at www.thebuyersNET.com and let me know what you think. Our mantra is “Get together, buy together!”

My posts

16 May

We will using this blog to update you on our ecommerce project and keeping you abrest of the lates developments. We look forward to your comments and suggestions.