meta_pixel
Tapesearch Logo
Log in
Marketing School - Digital Marketing and Online Marketing Tips

Will the Economy Get Better in 2024?

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 28 October 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

Interest rates and their impact on marketing budgets.

Transcript

Click on a timestamp to play from that location

0:00.0

So will the economy get better next year? We're going to talk about it from a business standpoint and a marketing standpoint as well. So let me give it some highlights before we start.

0:07.3

Sure and and keep in mind before Eric gets started marketing typically in bad markets is the first thing to get cut from businesses and

0:17.2

it typically is also the first thing that gets added when things start looking really

0:21.0

good.

0:22.0

So small business, SMB bankruptcies,

0:25.5

are at an all-time high since I believe 2000 or 2001.

0:29.0

And that's a lot.

0:29.7

I mean, that's 22, 23 years or so.

0:32.1

So that's one negative signal the second one is a lot of people

0:35.8

aren't trying to change jobs right now so on the no one's quitting yeah

0:39.3

nobody wants to quit right now right and security and two years ago everyone wants to quit.

0:44.2

Yeah.

0:45.2

Everyone want to quit. You get like, you know, two extra salary.

0:47.4

You get the craziest benefits in the world.

0:49.2

And now it's like, oh, as long as I have a job, I'm happy, right?

0:51.8

Let me see if there's another headline.

0:53.0

Oh, here's another headline.

0:54.0

Did you watch, you know who Howard Marks is from Oak Street?

0:56.0

Yeah. Okay, so those...

0:58.0

He's a really rich billionaire.

0:59.0

Yeah.

1:00.0

Okay, yes, he's a really rich billionaire, but he specializes specializes he was one of the guys that

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Eric Siu and Neil Patel, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Eric Siu and Neil Patel and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.