Business Quote by Jim Cramer
“This is a business, the direct selling, that bizarrely works best when times are bad.”
About This Quote
Source TV Show: Mad Money, 2020
He claims that direct selling thrives during economic downturns, contrary to expectations.
In simple terms: Direct selling can succeed in bad times.
Leverage tough markets for sales.
Themes
Mood
Type
When to use this quote
- recessions
- product launches
- online platforms
Key Concepts
Questions to Reflect On
- Why do people turn to direct selling in downturns?
- What risks accompany this model?
Economic stress can reduce consumer spending.