Is there an Economist in the house?: The economic impact of Xmarks

[The Guy in the Kilt at UC]

I ignored my adviser's advice to take economics courses when I was a computer science major. All I know is that I spent more in the last year since beginning to wear my kilt, than I did the year before when I didn't. I suppose, then, I am responsible for the recovering economy.

[Stratherrick]

I have very limited funds so can't buy anything at the moment. But, I told quite a few folks at The Gathering about us.

I trust they'll be the next big spenders.

Word of mouth, it's priceless!

Slainte

Bruce

[Tim Little]

Hmm....

Thinking aloud:

I wonder if the site sponsors have good data on which of their clients was referred via X Marks, and how that level of spending has fluctuated -- particularly relative to non-X Marks referrals -- over the past "X" months. The data could be a bit skewed, tho, as X Markers might represent a disproportionate percentage of our sponsors' clientelle relative to non-sponsor vendors.

Of course, we could also go the other way and get a tally of who spent how much at various vendors over the past ___ months, but that doesn't present us with much comparative data relative to non-X Markers.

Not a particularly scientific study in either case, but could be quite interesting nonetheless....

[kevinkinney]

Good points Jamie, et all...

I have and Aunt, an excellent gal, and a personal hero of mine who once paid my spouse and I the highest of compliments. Her words were along this line:

"I'm impressed by how I see you two, and many of your generation living. You're doing you best to fix the problems that our generation caused."

Implied in that from the remainder of the conversation was here belief that folks were beginning to value real value in their personal, business, and commercial interactions. I see all the above in the threads on this forum.

Bravo,

Kevin

[Pleater]

Well I supose there has to be the exception that proves the rule - I can't actually remember the last time I bought clothing of any kind - and I only spend a hundred pounds or so for two pieces of tartan the last time I bought cloth, which was last year.

Oh - I did rather go over the top and spent 13 pounds on sock yarn earlier this year, but other than that, nothing.

I fear that I am more likely to cause economic downturns by my lifestyle.

When I want a garment, I go to my stash and find the required materials, then set to amd make it.

Until required, the stash is adding to the insulating qualities of the walls and roof, so reducing our heating bills.

I supose that by not spending our money but letting it remain in various bank accounts I have been making money available for financial organisations to lend out, - - though that might not have been a good idea, with hindsight.

Anne the Pleater :ootd:

[kennethrmc]

I would say that I have not spent any more $ because of X Marks, but this forum has made a huge impact in terms of where I have spent that $. So, I don't think it's expanded the economy, but channeled it--and hugely benefited me, the consumer. I won't name specifics, but there are products I would have wasted money on without Xmarks, and some very deserving quality vendors whom I would not have been aware of (and I would not have the benefit of enjoying quality, genuine, durable garments).