@panama18 wrote:
There is no recession looming around the corner.
@MFJohnston wrote:
How about a rephrase: We are, at some point, going to have a recession again. When that happens (whether next month or next decade), how will mystery shopping be affected?
@JASFLALMT wrote:
Yeah, I am an active investor in the stock market, and I follow stock market news avidly. Please do seek more than one news outlet before coming to this drastic conclusion.
@Luna126 wrote:
@panama18 wrote:
There is no recession looming around the corner.
Maybe "looming around the corner" is not the best phrase but based on the several news outlets I follow, we are due for a recession coming.
Just curious. Do you think they ended because of $ or because they had gathered enough information on their competitors? Still doing the one, but they nixed the travel pay (fortunately I have points).@SoCalMama wrote:
I was doing loads of cruise shops. That ended due to the recession. Most of my other shops didn't change.
@iShop123 wrote:
Just curious. Do you think they ended because of $ or because they had gathered enough information on their competitors? Still doing the one, but they nixed the travel pay (fortunately I have points).@SoCalMama wrote:
I was doing loads of cruise shops. That ended due to the recession. Most of my other shops didn't change.
@ceasesmith wrote:
LOL! I'm not laughing at you, OP, I'm recalling the days after the housing market imploded, the economic downturn, etc. Maybe we're not CALLING it a recession, but it was a disastrous economic downturn.
And they were what I fondly now recall as the "good old days" of MSing.
Customer service becomes even more important during bad times. Smart businesses know it costs much, much more to win a new customer than it does to keep current customers, and will take the necessary steps to ensure customers are cared for.
For many, that includes an appropriate mystery shopping program.
For others, it will mean belt-tightening; if they do not perceive value in their MSing program, they will drop it.
@shop-a-holic wrote:
I first started doing MS in 2008 and I can say the opportunities then were the same if not more than right now.
Additionally, from my experience in the advertising industry, there are documented strategies for "marketing your way out of recession". It may sound counter intuitive, but market downturn is when smart companies start to focus more on marketing and I would put MSing in the same category.
@sandyf wrote:
I have seen changes in my market now that the "recession of 2008" is over. Now that we are back to full employment (for many but not all) there are far less shoppers out there. For the first time in my shopping history of 10 years or so I actually see bonuses offered in Los Angeles. Several msc's are actively recruiting too.
@sandyf wrote:
I have seen changes in my market now that the "recession of 2008" is over. Now that we are back to full employment (for many but not all) there are far less shoppers out there. For the first time in my shopping history of 10 years or so I actually see bonuses offered in Los Angeles. Several msc's are actively recruiting too.