Is there anything positive that has come out of the struggling economy that our country has faced throughout 2009 and into 2010? I truly believe that there is…
Although it is sad to see businesses fail, the recession helps to weed out merchants (both online as well as brick & mortar) who probably shouldn’t have been in business to begin with. It also helps weed out merchants who are trying to establish themselves by undercutting prices until there are no margins whatsoever in certain product lines. The failure of some of these merchants is in no way a bad thing, especially for the more established merchants who can stay alive until the economy starts to improve. This not only applies to merchants, but websites as a whole in general, regardless of the content of the site.
As others fail, there will always be someone who can step in and do it better. If your website is unique, or if you offer a unique way of presenting content that is better than other websites in your niche, you will become a success as long as you keep it online long enough and are consistently growing traffic to your site. Success does not usually happen overnight, and in some cases may take years to become established in your chosen niche.
I truly think that we are starting to see the economy begin to bounce back. Sales revenue from some of the more established websites that our company owns have picked up tremendously in the last month and we hope that this continues to be the case. We are looking forward to what 2010 offers to our company. We re-established our company’s operations in 2009 as a merchant first and an internet based services provider second and are now starting to see the fruits of our labor.
EastWave strives to take our established entities and only make them better going forward. We plan to sell off even more of our less profitable ventures to focus specifically on our core entities. We see a beautiful break on the horizon and we are gearing up to be ready for the ride.




