Smart Consumer Spending - Global Image Group’s Image Consultants and Personal Shoppers Are The Smart Way to Invest
With consumer confidence at an all time low, a Personal Shopper can help you make wise consumer decisions to effectively navigate the sales and spend for the holiday season.
Retail sales have broken much earlier than previous years in the United States as a result of declining consumer confidence, with labor market conditions playing a major role. Rather than dwelling on the negativity of our worldwide economic situation which further fuels the issue, our Personal Shoppers recommend focusing on these economic conditions as opportunity.
While experts announced that the US economy is officially out of recession in early November 2009, the US economy is still weak and that is where an increase in consumer spending can help boost economic conditions worldwide. Despite the unemployment rate being at an all time high in the US, there are many who are still employed and let’s be honest, the best remedy for negativity is to think positively and have an “attitude for gratitude” for the things we already have that make us feel good.
How does an increase in consumer spending help you feel good?
• If you’ve always wanted to purchase designer or brand name goods, items which have been known to be “IT” items are now 40% - 60% off!
• Retail stores are constantly running promotions every 6 weeks, providing limited-time discounts on current season, full-price merchandise at 20% to 30% off.
• Current season items are being sent to the outlets sooner and are therefore more affordable.
• Designer brands and labels can be purchased for better value. Not only do you get quality, you also can purchase quantity and still save money.
• The bottom line is a little retail therapy can do everyone some good and for some a wardrobe update is a need or is necessary on an annual or seasonal basis. Why not make an investment in yourself and your happiness by working with a personal shopper?
Other countries outside of the United States have not adopted the US methodology of announcing sales or discounts. Therefore the US should be the global hot spot for consumers this holiday season, as everyone worldwide with the exception of the Arab world, perhaps, appreciates good value. The Arabs remain a culture that still likes to spend. However now they just spend in moderation and as status is important to them, they still purchase items in volume at full price! The malls in Dubai are full of patrons, some shopping on a daily basis.
While the US economy is still recovering, on the positive side there are other economies such as Australia who have recently announced better than expected economic growth this year. As a result of this announcement, Asia is bouncing back with a bull market. The Aussie dollar is up 30% against the US dollar in the last 6 months, making this a good time for Australians to vacation in the US and take advantage of retail sales. Interestingly enough, analysts say that retail / consumer stocks in Australia remain the best and smartest way to invest. So perhaps Americans can take a cue from our friends down under.
When it comes to smart consumer spending, Global Image Group’s Image Consultants and Personal Shoppers are the smart way to invest. We hire realtors to purchase a home. We hire financial advisors to help us make wise investment decisions. We hire image consultants and personal shoppers to help us make a personal investment in ourselves; increasing our confidence, competence and credibility merely through the image we project and the clothing we wear.
At Global Image Group, we recognize that value is of the utmost importance to you and we aim to deliver the most cost-effective, high-impact image, fashion, and style consulting services to forward-thinking individuals and professionals worldwide. Global Image Group is a privately-held company headquartered in San Francisco, California, with image consultants and personal shoppers in New York, Los Angeles, Miami, Washington DC, Las Vegas, London, Mexico, Tokyo, Hong Kong and Dubai. For more information, please contact us at +1.888.873.8017.
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