Home > News > Report: Bush's Economic Stimulus Plan Boosts Adult • Bookmark   • Register
Search Options

NEWS STORY

Report: Bush's Economic Stimulus Plan Boosts Adult

XBIZ POLL
Have your Blu-ray sales met expectations?
Yes
No
We don't sell Blu-ray titles
 
Thursday, Jul 3, 2008    Text size: 
LOS ANGELES — Recently, sales have taken an upturn for some adult operators and an unlikely source is receiving the credit: President Bush's Economic Stimulus Plan.

According to the Adult Internet Market Research Company (AIMRCo), many adult websites have enjoyed increased sales since economic stimulus checks began appearing in Americans' mailboxes.

"Many of the sites we surveyed have reported a 20-30 percent growth in membership rates since mid-May when the checks were first sent out," Kirk Mishkin, head research consultant for AIMRCo, said. "Typically the summer is a slow period for this market."

Bush's economic stimulus plan gives taxpaying individuals a rebate check for up to $600 (or $1200 for married couples) in an effort to increase consumer spending and thus help boost the economy.

"In a June 15, 2008 survey to our members, thirty two percent of respondents referenced the recent stimulus package as part of their decision to either become a new member, or renew an existing membership," Jillian Fox, spokeswoman for LSGmodels.com, one of the sites reporting figures to AIMRCo, said. "Getting more people to buy porn was probably the last thing Bush had on his mind when he came up with his 'stimulus package,' but we'll take it."

According to AIMRCo, the survey data was collected from its network of more than 400 paysites and 2000 affiliates/traffic trading sites.

Other adult operators are also crediting the tax rebates with increased sales.

"In yet another example of a Bush stimulus check in action, we are seeing a huge spike in the number of over $500 orders in June and into July," Titan Media VP Keith Webb told XBIZ. "We did a direct mail piece to our 30,000-plus mail order customers giving them a 10 percent off coupon to push them to shop online. That combined with the stimulus checks seems to be working."

Any benefits to the industry may be short-lived, however, as Democrats poised to retake the White House are calling for a reversal of President Bush's tax cuts, as well as further increases in the taxes of working Americans — a doubly poor situation for the industry.

   
Share this article:
del.icio.us technorati fark
More ways to get news:  XBIZ RSS  |  XBIZ Newsletters  |  XBIZ Desktop News  |  XBIZ Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !

BUSINESS ANALYSIS

Become the Shark

It's no secret that times are tough for the adult entertainment industry, with pre-election prosecutorial fears, a weakening global economy, and escalating fuel prices all taking their toll on operators... More »

ICANN Opens Pandora's Box

Earlier this year, the Internet Corporation for Assigned Names and Numbers (ICANN) announced its approval of the biggest expansion to the Internet over the past forty years; recommending a new Top Level... More »

The Real Value of Sponsor Payouts

As more new webmasters enter the adult online affiliate business and veteran webmasters continue to complain about an 'ever-shrinking' porn economy, examining the real value of sponsor payouts is something... More »
XBIZ NEWSLETTERS
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.







POPULAR PRODUCTS & SERVICES
Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
XBIZ Premiere™, the industry's premier trade journal, features in-depth and comprehensive business news and information targeted for producers of adult videos, novelty product manufacturers, and retailers - get it today!

UPCOMING EVENTS

VENUS

Oct 16 - Oct 19
Berlin, Germany

Island Gathering

Oct 17 - Oct 20
Curacao, Netherlands Antilles

Island Gathering

Oct 17 - Oct 20
Curacao

Everything to do with Sex Show

Oct 24 - Oct 26
Toronto, Canada
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!