MI, USA, 1st February 2010
Home security sales have experienced a sharp increase during the global economic downturn. Industry watchers attribute the increased turnover to a corresponding increase in home invasion crime during economically challenging conditions.
There is little doubt that America is weathering the severest economic storm since The Great Depression during the 1930's. Nearly every industry has experienced negative growth and people are carefully monitoring what they spend.
Consumers are more reluctant to spend, except for the most essential areas. So it is interesting to note that Home Security e-commerce ventures are experiencing a rapid growth of sales, despite the global credit crunch.
Nick Halmond, Managing Director of ecommerce venture INSTANTSPY.NET feels certain that there is a strong connection between recession and security.
“I think that in times of hardship, people are more likely to commit crimes, poverty increases and so do the chances of suffering a home invasion.”
“People are willing to spend on an alarm system or home surveillance system because they feel the need for protection at the moment.”
New advances in technology mean that installation is easier and systems are extremely user-friendly. Ordering a home security system on-line is cheap, easy and can provide instant protection for home and family.
In these turbulent times, Americans are focusing on what is important – personal security and the safety of home and family ranks high on every one's lists. A home security system can offer peace of mind and reduce the risk of a home invasion.
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