Sam Johnston (Entrepreneur & Forbes Writer) - How to recession proof your investments with eCommerce
Description
How to recession-proof your investments - With Sam Johnston
Empire's answer to a recession? - Arbitrage
Empire Ecommerce offers online arbitrage, the process of buying products from online retailers with the sole intention of reselling those products at a higher price for a profit on another online
marketplace such as Amazon, eBay, or Facebook Marketplace.
By reselling the highest demand products at the lowest cost, Empire essentially becomes the discount retailer on the world's largest online marketplaces.
Why is it such a great opportunity, let's look back at the 2008 recession:
Discount Retailers were the best-performing stocks during the 2008 recession.
This makes intuitive sense as recessions reduce consumers' income. When consumers' incomes go down, they can either substitute cheaper goods or buy fewer items. Since there is a minimum of how many staple goods like food and basic household supplies you need to buy, you can't just cut them
from your budget like you could with a new video game. That means that to save money on them, you will turn to cheaper alternatives. As a result, discount retailers are likely to do well in a recession.
Find out more: https://empireecommerce.com/contact
Reach out to us directly to discuss how we can help you diversify your income with arbitrage eCommerce: John Cresto
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