The current financial decline effect on Web Design

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The current financial decline effect on Web Design,

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sypher View Member Profile Find Member's Posts	Sep 17 2008, 03:44 PM Post #1
the owner3r Group: Administrators Posts: 1,531 Joined: 4-April 06 From: North Wales, UK Member No.: 4	With all the current news about Banks closing, recession and stock market prices falling. How do you see this affecting your Web Design business? -------------------- sypher design - North Wales Web Design \| Latest Work: - Celtic DEA CSS - Cant See Sh*t

Catalyst View Member Profile Find Member's Posts	Sep 17 2008, 10:13 PM Post #2
Codesmith Group: Administrators Posts: 947 Joined: 4-April 06 From: San Diego Member No.: 3	I've got more work than ever. I had a web company during 2001 when the DotCom industry crashed along with the economy. I think you had a couple things that are different than now. One is that web companies don't have the goldrush, spend money like a rock star mentality of 2001. Even then I thought it was rediculous. But I think the bigger thing is that a lot has changed in the way that the internet is used in everyday life and how it drives sales. A lot of companies allocated no, or a very small, budget for their web presence and didn't understand the web's role in their marketing approach. I remember the frequency of clients who didn't understand why they needed a website; that doesn't happen much anymore. My feeling is that with the depressed economy, competition for the consumers dollar is fierce and companies are putting money into their marketing to try to win those consumers. They say the only person that gets rich in a war is the guy making the weapons. The post 2001 move toward outsourcing development to India, etc has played itself out and been shown that it's not the wonderful solution it was touted to be. And so I think it's actually a pretty good time for us as an industry, but that's just my take on it.

sypher View Member Profile Find Member's Posts	Sep 17 2008, 10:28 PM Post #3
the owner3r Group: Administrators Posts: 1,531 Joined: 4-April 06 From: North Wales, UK Member No.: 4	Nice post Cat -------------------- sypher design - North Wales Web Design \| Latest Work: - Celtic DEA CSS - Cant See Sh*t

haku View Member Profile Find Member's Posts	Sep 18 2008, 07:09 AM Post #4
日本語 Ninja Group: Staff Posts: 646 Joined: 21-September 07 From: Yokohama, Japan Member No.: 616	That post made me feel better about life -------------------- Jaypan Dudes Japan

jameson View Member Profile Find Member's Posts	Sep 22 2008, 11:39 PM Post #5
W.R. Corporal Group: Members Posts: 96 Joined: 8-July 08 From: Phoenix, AZ Member No.: 1,043	Ditto Catalyst Plus, we don't have as much dependence on fuel costs as a lot of other types of companies. -------------------- phoenix web design

Sourcesouth View Member Profile Find Member's Posts	Sep 24 2008, 07:02 PM Post #6
W.R. Private Group: Members Posts: 1 Joined: 23-September 08 Member No.: 1,186	I think it's like any online business: we don't have so much cost compared with other traditional industries. So thats an advantage for us. Besides any company that wish to have a website or has already a site Knows that nowadays having a well designed one isvery important to create their branding make sales or whatevertheir goal is. So I think there will always be work for us -------------------- Web Development Outsourcing and SEO

Bullzeye Design View Member Profile Find Member's Posts	Oct 3 2008, 02:27 PM Post #7
W.R. Private Group: Members Posts: 11 Joined: 29-September 08 From: Scranton, PA Member No.: 1,192	I've noticed with a lot of my clients who are doing online marketing as well as print advertisement (ads, postcards, billboards, etc...) that their web presence is the most profitable area of their business. With that said, I would guess if the economy goes down the tubes, that they would start reducing their budget for print design and the other areas of marketing that aren't as lucrative for them. In general I suppose it would depend on the situation and the client and this, that, and the other thing. I'm not too worried yet though -------------------- Creative, Stylish Website Design Dont forget to visit our blog

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