Musing About Discount on Trading Courses
We all know that consumer products and services are sold mostly during the end of the year. All kinds of discount and specials going wild attracting you, the consumer, to spend money on them. Many trading related products and services follow this trend and offer discounts to their clients during this time.
I can tell you, with very high confidence, this year-end discount strategy does not work with anything that are related to career change and learning new things that improve a person’s income potential.
Why?
Here is the chart I posted last year in November on people’s cyclical behaviour on job seeking:
In short, job seeking is put on hold during the 2nd half of the year and keep declining into year end all the time.
People put the thoughts of starting over on-hold during the holiday season. The tradition dictates how people behave and in turn affects the economy in a subtle way. Any training related products and services should offer discount right after New Year when people are actively seeking change.
I think I am a better forecaster than those economists who secretly use the Excel linear regression to project the future economic data results. At least what I observe has practical value.