wizardofahs
New member
I'm curious as to what the pro's thoughts are on this. I am not a pro so i can only speculate. Right now the economy is in a low point... but that doesn't mean everything is sucky. There are some businesses that proffit from a low economy. Anyone that sells inferior goods (goods that you buy less of as your income increases) does better when the economy is in a slump. I bet you that the the people who make Hamburger aren't hurting right now as the people who make Steak (probalby the same company but you get the point).
Here's my thoughts. Detailing is something that people with more money like to do. It's something extra and not a necessity. Therefore people are less likely to spend money detailing their car when the economy is bad.
Or...
Detailing takes your car and keeps it looking it's best, which is far less expensive than having to buy a new one. Therefore detailing demand goes up in a slump.
Those are obviously contradictory thoughts (nothing in the real world can be modeled simply). I have a feeling that the first is greater than the second, and people aren't seeing as much business right now. But i'm not positive. That's why i'm asking the pros. If detailing does good in a bad economy it might be worth investing in for people. A small detailing job to help you in the lows, while your main job pulls in the income during the highs.
Here's my thoughts. Detailing is something that people with more money like to do. It's something extra and not a necessity. Therefore people are less likely to spend money detailing their car when the economy is bad.
Or...
Detailing takes your car and keeps it looking it's best, which is far less expensive than having to buy a new one. Therefore detailing demand goes up in a slump.
Those are obviously contradictory thoughts (nothing in the real world can be modeled simply). I have a feeling that the first is greater than the second, and people aren't seeing as much business right now. But i'm not positive. That's why i'm asking the pros. If detailing does good in a bad economy it might be worth investing in for people. A small detailing job to help you in the lows, while your main job pulls in the income during the highs.