Thursday, December 18, 2008

Money Gets Tighter - Menomin Treasures Begins Cutting

With the upcoming new year, it would seem as though people are pinching their wallets even tighter. Sales at Menomin Treasures have dropped considerably, thus the amount of money coming in isn't very much. Many of the cool features that we have at www.menomintreasures.net will begin to be put on hold, or pinched to help us make ends meet.

Mystery auctions will still be plenty, but the amount of products that go inside will now be cut down considerably and will now go by how much the auction actually goes for. So that means if the auction ends at 99 cents, you may only get one item sent out. We hate doing this, but during these difficult times, we don't have a choice.

Items selling on auction for 99 cents (not including mystery auctions), will be pulled or set to regular price as planned, or set on sale above 99 cents on our website.

We're on several venues across the internet including onlineauction.com but with sales either at none or about 3 per week (that's an average of all sites combined), we cannot afford to continue spending money that isn't there. So we must begin cutting down our expenditures or we will be forced to file for bankruptcy. Not a very good thing for a business that's been strong for over 5 years until the last 2 months.

What else will we be cutting?

On our website we have live help. This program will be shut down because it costs us $1,200 to run per year. This is our biggest expenditure and it will have to go. Normally we could afford it, but during these times as the United States gets closer to a depression, and money flow is nearly null, we have no choice.

Please stay tuned for possible other cuts and/or services.
Menomin Treasures

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