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Gas prices came down, what happened?


Alex

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So gas prices are down, really down. Why have we not bounced back economically? Well, it's bigger than gas prices at this point. Bailouts, government interventions, and what else?

 

Where do you think this is all going and how will it affect your bussiness?

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So gas prices are down, really down. Why have we not bounced back economically? Well, it's bigger than gas prices at this point. Bailouts, government interventions, and what else?

 

Where do you think this is all going and how will it affect your bussiness?

 

Many are predicting $1 a gallon by spring. However, I doubt that free gas would cause a significant increase in service business right now. The consumer has really been frightened and that fear is not about to subside anytime soon.

 

Yet, cheap gas means one less thing against shops for the time being and should help shops do a bit better overall in the short term. A huge dam of car repair is building...at some point it will leak, if not, break. As shops and dealer close, those remaining will be a better position.

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Now is the time for all independent shops to position themselves as solvent companies in this economic downturn. Those who fight now will reap the benefits down the road. In my opinion, many shops are beginning to see positive signs that there is opportunity out there.

 

I urge all shops to continue there marketing and advertising. It will pay off.

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Now is the time for all independent shops to position themselves as solvent companies in this economic downturn. Those who fight now will reap the benefits down the road. In my opinion, many shops are beginning to see positive signs that there is opportunity out there.

 

I urge all shops to continue there marketing and advertising. It will pay off.

 

During the elections, I believed that the candidate that could offer a clear solution to drive the fuel prices down, would get elected and bounce the economy back. Well...I guess they didn't figure on the mortgage collapse. Too many things happened at the right time, to make the fall of gas prices ineffective.

 

People holding on to their cars, fears of buying a new car, and economic factors...all make for a good scenario in the inidependent automotive industry.

 

Like Joe said...MARKETING! This is the best time to market your business to potential customers.

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