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News Focus
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Rawnoc

10/07/09 8:47 PM

#7516 RE: hingfdiuh #7515

Everyone gets stocking stuffers. The retail segment that VBDG operates in has been smoking red hot as well as the retailers they sell in -- AKA Walmart, Bed Bath and Beyond, etc.

"“the as-seen-on-TV business right now is booming. It’s a very good place to be.” ~~NY Times article
http://www.ajc.com/biz/content/shared-gen/nyt/business/c789543e-e2b4-4551-ba3b-29b0b2e20b43.html

"the last 6 months of 2008 over '07 our sales literally doubled. They solve a common problem and people love it. And people still have 10 or 20 dollars to spend." ~~Interview with CEO of large As Seen On TV retail company Telebrands


Infomericals Rise During Recessions
"we're able to buy primetime media at very inexpensive prices....there's certain types of businesses that go up in a bad economy" ~~ABC News


"This is the worst economic downturn that we've seen in the 25 years I've been in business, and it's also the biggest increase in business I've seen......we're able to buy that TV time at half the price we were paying last year" ~~Interview with CEO of large As Seen On TV retail company Telebrands
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Rawnoc

10/13/09 2:31 PM

#7521 RE: hingfdiuh #7515

Telebrands CEO on CNBC now stating that their business is booming BECAUSE of the recession, that not only sales go up by the inventors themselves get more creative during tough times.