Is the Recession affecting your online earning efforts?

15 years ago

I think it has helped the people that sell products that teach people how to make money online (since a lot of people are losing their jobs and are looking to start their own businesses). I'd say it all depends on the niche, but most niches are probably down(especially entertainment).

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hugofortin 15 years ago

Hi,

I don't think that the Internet marketing industry is affected by recessions.

bye

Hugo
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- Superior Content Creation 15 years ago
  
  I never had online earnings before the recession, but I met a guy a couple days ago who has been selling on ebay for years. He said his sales have actually almost doubled in the recession. Maybe because more people are shopping for deals online and are sticking around the house more? I am not sure if others are having similar experiences--this was just one guy.
  
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Kris.Sm

15 years ago

Well recession and given me the oppertunity of loosing my job and being at home full time. But look at the bright side...thts the reason why i started researching for making money online and ended up here...

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forest_boy001

Banned 15 years ago

[DELETED]

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Paul2008 15 years ago

Yes, the recession (a.k.a. depression 2.0) is affecting my online earnings efforts. I used to be a corporate type, then worked for a small company.... and now that I have been laid off for awhile, working towards making money online is pretty much all I do

If I were working for someone else, I wouldn't have all this time on my hands to work for number 1 - me.

- Paul
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- Planetpeoplefinder 15 years ago
  
  Well, I certainly hope the recession doesn't affect the Internet as much as it is affecting the "real" world!
  
  I have started online marketing thinking that it is a beacon of light in a dark economy.
  
  For me, it is the only way out of the "real" world as described by the news.
  
  Thanks
  
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Rob P

15 years ago

I do OK in the education sector - I don't think we have been affected

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Sallym32 15 years ago

The truth is, recession helped boost my online earnings.

A lot of people got laid off (and still more in the coming months) from their jobs. That's the problem with being just an employee - there's no job security. That's why most of them resorted to start their own online business or just work at home - most of them realized that is it a practical choice.
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solidsoul

15 years ago

Internet marketing will never be affected by recession simply because not everwhere in the world is affected by a recession right... and seen we have access to the world it comes to pin pointing your efforts

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ryanzona

15 years ago

Most people I know with internet businesses are doing better than businesses offline.
There's so much more overhead offline that it seems it would be easier to weather a bad economy with an online business.

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Christie01

15 years ago

I didn't start my IM business until after the start of the recession, but I can say that my income has been increasing each month.

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payment proof 15 years ago

Originally Posted by Christie01

I didn't start my IM business until after the start of the recession, but I can say that my income has been increasing each month.

That's awesome Christine!! It's always tough to start a new business, especially so in a recession. Congrats and I hope your earnings keep increasing.
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- payment proof 15 years ago
  
  Anyone else having a tough time with the recession? Or is your business/online efforts thriving?
  
  Thanks
  
  2 replies
  
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  payment proof 14 years ago
  
  I thought it might be interesting to get some more current feedback as the recession is supposedly "easing." Anyone still finding challenges in a recessionary market? Or perhaps the recessionary climate is actually helping drive traffic to your sites, blogs, opportunities, etc.
  
  Thanks
  
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  uche2rue 14 years ago
  
  Originally Posted by payment proof
  
  Anyone else having a tough time with the recession? Or is your business/online efforts thriving?
  
  My business effort is still thriving
  
  Thanks
  
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rft123

14 years ago

My earnings have been increasing and most of the other online marketers who I know have had similar results. However, many of the ebay sellers that I know have seen significantly fewer buyers in their stores.

Hope that helps. Have a great day!

Thanks

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DubDubDubDot

14 years ago

The recession has been detrimental to online earnings. There is no doubt about it. Aside from people having less money, one other key factor IMO is the cancellation of credit cards. Banks have been revoking them for some time even when the user isn't missing payments. Internet commerce lives and dies by the credit card.

Anyone claiming that they are way up is probably just in a state of early growth where it is unlikely that they would be going anywhere but up regardless of the economy. It's like someone saying they went from $125,000 a year to $90,000 and then someone else chiming in that they doubled their earnings from $500 to $1,000.

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HeySal

14 years ago

It's not making an across the board difference for me, but one of my niches is getting trounced and I'm not sure if it's just the time of year or if it's going to stay down for awhile. Seasonal so it's hard to tell yet.

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kchui1028

14 years ago

i'm doing pretty good.

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1 reply

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octaneinv 14 years ago

I agree with most here. The recession, if anything, has helped business.

I have actually done incredibly well in the last two years, by more than doubling my bottom line.
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- Braden4u Banned 14 years ago
  
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  Silas Hart 14 years ago
  
  Well, for a while I thought it was affecting me on eBay, then I realized it was eBay that was doing damage, not the recession.
  
  As far as my digital products, I've been alright. I won't know the difference for a couple years as I started recently. For all I know my income will double when we pull out of the recession since I sell niche products and not MMO products.
  
  Thanks
  
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Steve Faber

14 years ago

One of my niches is real estate related, so, as you might expect, it's taken a pretty big hit in the past 2 years. My primary affiliate program in that niche cut their average payout from $55 in late 2007 to just $4 now, and others are down to a large extent as well. Last month I made 27 sales for them, you do the math...

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Steve Faber

14 years ago

One of my niches is real estate related, so, as you might expect, it's taken a pretty big hit in the past 2 years. My primary affiliate program in that niche cut their average payout from $55 in late 2007 to just $4 now, and others are down to a large extent as well. Last month I made 27 sales for them, you do the math...

Thanks

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Steve Garratt

14 years ago

Nett earnings per visitor over the last 2 years is down 25-40% for me. However my visitor numbers are still increasing so I'm making roughly the same now as I did 12-15 months ago.

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cronyoo

14 years ago

hi,
i think also that helped many people that sell products everyone is asking to launch the product but from different opinions

thanks

Thanks

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DrGUID

14 years ago

The market for my software tools has really tanked since late '08.

It's OK though coz the government can keep printing money to keep everyone spending at the stores.

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WealthCoachPro

14 years ago

I have found that the recession only affects the mind. If you feel the recession is bad then it will affect your online efforts.

I know, I was in this trap when it started in 2008. My mind was telling me the world is coming to and end and then my online efforts really took a hit.

Thanks

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Thinker1

14 years ago

Not really, I actually saw an increase in my income recently. I guess the more effort I put into it the better the income is.

Thanks

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jockpurtle

14 years ago

There is always opportunity everywhere.

There is always a need for health and wealth.

They are evergreen markets. Can you be more healthy and more wealthy ?

What recession ?

[ 1 ] Thanks
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Micah Medina

13 years ago

Originally Posted by jockpurtle

There is always opportunity everywhere.

There is always a need for health and wealth.

They are evergreen markets. Can you be more healthy and more wealthy ?

What recession ?

No problems here, either. Somebody out there has money. Find them and make them give it to you.

Thanks
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riviera 13 years ago

From my experience I believe the recession has actually been good for the outsourcing business.

Instead of paying a salary, many companies are realising that it is far more cost effective to outsource any work as and when it is needed.

Just take a look at Elance. The writing and translation jobs required on there are now over 1500. A couple of years ago it was rarely higher than 1000
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Chin M C

14 years ago

Yes it does have some effect on online money.

However people who guide others how to make online money may have some business opportunity as lots of individuals are looking for alternative stream of income.

Question is - will they be able to make online money now that the world is in financial instability again as demonstrated in last week's heavy drop in the world stock markets.

I certainly pray that the world economy will be resilient from now on....

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André Silverspoon

14 years ago

More and more are unemployed ended up looking for online job.

Online Businesses flourishes and

take advantage of the recession by analyzing where expenses can be cut

and the many ways money can be saved in both big and small ways. This

is the time for employers to make their businesses more efficient and yet

stay customer-friendly to keep their clients happy and serviced properly.

The business owners should also review their financing and make sure

they are getting the best interest rates that are possible in order to keep

their companies afloat.

Online earning is not affected by recession for those who knows how to

shape in.

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payment proof 13 years ago

Originally Posted by André Silverspoon

More and more are unemployed ended up looking for online job.

That's a good point André Silverspoon, and finding something legitimate that also helps others make money can really pay off.

Everytime it seems things are getting better, something else comes up that seems to keep the economy dragging.
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- payment proof 13 years ago
  
  Lets hope the politicians fix the debt ceiling issue before it throws us even more deeply into another recession.
  
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JamesGw

13 years ago

I started just as the recession hit, so I don't have anything to compare it to.

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syrelle

13 years ago

Hope not, I am new to IM and wanting to progress on this field.

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Inari

13 years ago

so far it hasn't really affected us since almost all our sites are either freemium or sell moderately-priced products which most people can still easily afford. however, one thing that has hurt us quite substantially is the weak USD. we are in Switzerland, and because of the current uncertainty about US debt - check out this impressive graphic illustration - the Swiss franc is at a historical high right now, at almost 1.3 USD. since our expenses are in Swiss francs, and the income is mostly in USD, this has been very noticeable

eh well - need more sites

Thanks
1 reply

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kevinw1

13 years ago

Originally Posted by Inari

so far it hasn't really affected us since almost all our sites are either freemium or sell moderately-priced products which most people can still easily afford. however, one thing that has hurt us quite substantially is the weak USD. we are in Switzerland, and because of the current uncertainty about US debt - check out this impressive graphic illustration - the Swiss franc is at a historical high right now, at almost 1.3 USD. since our expenses are in Swiss francs, and the income is mostly in USD, this has been very noticeable

Same here in Canada - at one point I was getting 1.6 CN$ for every US$... now it's less than 1. That's a big change, and swallows up a lot of the increase in US$ income that I've experienced.

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HelpingYouBeAnExpert

13 years ago

I think in general the profits are going up and my idea is that people are starting to realize that their pension will not be worth much so they are seeking alternatives!

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High Horsepower 13 years ago

Recessions are great for some, not so good for others.

I use my Online skills to market to Offline business owners. When times were good 2003-2007 it wasn't easy to get their attention. Many were making money hand over fist.

Forward ahead to 2011 and they're all ears.

Now I pinpoint who "I' want to work with, not everyone can have my services.

Unless you're selling houses or mortgages you should be doing very well marketing online.

Richard
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celente

13 years ago

Nope I am actually earning more from the recession than i was before.

You might ask, sure sure celente you are full of sheeeet!

But I will tell you that I have a double degree in economics and I know what is coming for the us. So in 2007 and before the stockmarket crashed, I put myself in teh niches I thought would do well .... and they are doing better than I have ever hoped for.

I am also in ever green niches like relationship and healthy niches too.

If you really are a good marketer and I mean, not just a newbie, you know your stuff, you should realise where the supply and demand is. Then use it to your advantage, and make money in any economic climate.

Now...stop whining and get out there and make some money.

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Is the Recession affecting your online earning efforts?

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