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I Have A Theory: Tell Me If I'm Wrong...

by asinGer
28 replies
Here it is (And no, it's probably not earth shattering)

Affiliate marketing, mlm, the direct selling industry, and Internet marketing in general will increase dramatically as the U.S. and global economy continues to fall. This will be due to an increase in people losing jobs and being forced to make an income at home.

Like I said, not earth shattering, but am I wrong?

Aaron
#theory #wrong
  • Profile picture of the author Eric Engel
    I think it'll increase for a while, but people will eventually find out how much crapola is being spread around and they'll get out of it. The IM world will crash AFTER the rest of the financial world IMO.
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  • Profile picture of the author Eric Lorence
    It already is, regardless of the economy.

    IM and the internet in general are still in their infancy, nowhere but up from here.

    Best!
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    • Profile picture of the author Devin T
      Originally Posted by Eric Lorence View Post

      It already is, regardless of the economy.

      IM and the internet in general are still in their infancy, nowhere but up from here.

      Best!
      It's very hard to determine exactly where in the stage the internet is in, but I believe it is somewhere near the middle of the growth stage and potentially will stay in growth for quite some time. As Eric said, the internet is still an infant and one can only imagine the next innovations that are to come.

      Kind of exciting isn't it?!
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      • Profile picture of the author Dixiebelle
        I believe that companies that are currently laying off employees, will eventually all go on line to sell their own merchadise, rather than using affiliates. Some of the larger companies like Target, Walmart, Sears, etc. are doing it already.

        Unfortunately, this will somewhat hurt the affiliate marketers who are now earning an income from these retail giants.

        Dixie
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      • Profile picture of the author Dave Allen
        Originally Posted by Devin T View Post

        It's very hard to determine exactly where in the stage the internet is in, but I believe it is somewhere near the middle of the growth stage and potentially will stay in growth for quite some time. As Eric said, the internet is still an infant and one can only imagine the next innovations that are to come.
        Sorry, no disrespect. But what is it? It's near its middle stage? Or in its infantry? It can only be one or the other! Can't be both.
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  • Profile picture of the author Nick Brighton
    Depends what you're selling. I don't think sales of dishwashers will rise or fall, but perhaps courses on how to work from home or how to make millions on foreclosures will definitely increase.
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  • Profile picture of the author lakshaybehl
    IM is not even in iuts underpant. its like... When you have nothing to lose, you can only gain!

    I mean to say that big companies are going to be here for competing us. They are already learning IM. Yes, it will become more competetive.

    Yes small guys will have a harder time. But the guys that really understrand what entreprenuership is all about, and implement IM along with it will hit much larger milestones.

    -Lakshay
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    • Profile picture of the author Eric Lorence
      Originally Posted by lakshaybehl View Post

      IM is not even in iuts underpant. its like... When you have nothing to lose, you can only gain!

      I mean to say that big companies are going to be here for competing us. They are already learning IM. Yes, it will become more competetive.

      Yes small guys will have a harder time. But the guys that really understrand what entreprenuership is all about, and implement IM along with it will hit much larger milestones.

      -Lakshay
      Not to mention the thousands of people from Asia, South America, Africa growing in wealth and gaining real access to the internet for the first time.

      Brave new world...

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      • Profile picture of the author lakshaybehl
        Originally Posted by Eric Lorence View Post

        Not to mention the thousands of people from Asia, South America, Africa growing in wealth and gaining real access to the internet for the first time.

        Brave new world...
        Me too...

        Ok I admit I have been online for over 3 years now....
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      • Profile picture of the author Zachary R. Skinner
        Originally Posted by Eric Lorence View Post

        Not to mention the thousands of people from Asia, South America, Africa growing in wealth and gaining real access to the internet for the first time.

        Brave new world...
        Exactly! While I'm not sure what will happen to the IM niche there will be many people across the world who will prosper in the coming economic disaster.

        By using the internet you can build a business around these new markets and possibly make a fortune from doing so.

        There certainly will be opportunities to profit from the upcoming crisis. Anyone with advanced internet marketing skills should easily be able to prosper rather than capitulate.

        The internet is a wonderful thing.

        My guess is that money making information products will increase in appeal as the ranks of the unemployed increase but people will have less money so prices might fall while sales rise. Thats my educated guess.
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  • Profile picture of the author Kurt
    It's hard to project. How many people will need to sell their computers or consider net access as a luxury they can't afford?

    Travel niches are being hit hard. Las Vegas casino stocks are really hurting.

    Of course, money making and other niches could also prosper...I think over-all sales on the Net will continue to grow, but at a the rate it would have if times were better for all.
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  • Profile picture of the author thatgirlJ
    Some people, no matter how bad the economy is, just don't want to own their own business or think it's possible. I have friends and family wanting to get started all the time. Out of about 10 or so (who need extra money)...0 have continued on once they got started.

    I do think its popularity will rise overall, but it's not something a huge majority of people will flock to IMO.
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    • Profile picture of the author Money on the Side
      Originally Posted by Jenn Dize View Post

      Some people, no matter how bad the economy is, just don't want to own their own business or think it's possible. I have friends and family wanting to get started all the time. Out of about 10 or so (who need extra money)...0 have continued on once they got started.

      I do think its popularity will rise overall, but it's not something a huge majority of people will flock to IMO.
      I agree with Jenn. For most people, running their own business or working without a job and a boss to directly supervise them everyday, is not even a thought for most people.

      I don't think the economy is necessarily going people running to IM. I think history shows that when mass layoffs occur, there isn't a mad rush of people trying to open their own businesses. Granted, IM is "cheaper" to get started in, but also there is a lot ot learn for someone who has no experience and who has never considered it before.
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  • Profile picture of the author Floyd Fisher
    Originally Posted by asinGer View Post

    Here it is (And no, it's probably not earth shattering)

    Affiliate marketing, mlm, the direct selling industry, and Internet marketing in general will increase dramatically as the U.S. and global economy continues to fall. This will be due to an increase in people losing jobs and being forced to make an income at home.

    Like I said, not earth shattering, but am I wrong?

    Aaron
    The truth will surprise you.

    Amway did a study on this, and found the times their business experienced the best growth was during downturns in the economy.

    Based on that, I'd say your theory is pretty solid.
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    • Profile picture of the author Eric Lorence
      Originally Posted by Floyd Fisher View Post

      The truth will surprise you.

      Amway did a study on this, and found the times their business experienced the best growth was during downturns in the economy.

      Based on that, I'd say your theory is pretty solid.
      That explains all the Quixstar (Amway) commercials lately, shrewd...

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  • Profile picture of the author Tina Clark
    I think your right, more specifically I think the guys at lateral action are right...

    The most important skill for economic survival in the 21st century is creativity.
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  • Profile picture of the author Michael Motley
    Originally Posted by asinGer View Post

    Here it is (And no, it's probably not earth shattering)

    Affiliate marketing, mlm, the direct selling industry, and Internet marketing in general will increase dramatically as the U.S. and global economy continues to fall. This will be due to an increase in people losing jobs and being forced to make an income at home.

    Like I said, not earth shattering, but am I wrong?

    Aaron
    Possibly, but if people start losing jobs, where are they getting money for all the IM products that are out there...where are they getting money for internet connections, where are they getting money for computers? Most here will tell you that IM isnt something you start on a monday and you can pay rent by friday and people in general have an attention span the length of microwave popcorn. If they can't see results now, they lose interest.

    I think, as most here do I'm sure, that marketing something that people can use right now to better their situation will be much more useful than just general marketing
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    • Profile picture of the author clint48
      I am going to join the group that thinks IM will decline. I don't think you will really start to notice the decline until the end of January or early February of next year though.

      Clint
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      • Profile picture of the author rperales
        Personally...

        ..nothing changes and here is why..all marketing are being catered to the
        5% only..

        Why?..

        ..when the big money is in the other 95%..People just don't know how to,
        why to..etc..

        Hey, don't listen to me but instead check it out what just about everybody
        here, there..talks about the way to succeed etc..leaving the 95% OUT!

        That's what I been doing all my career life but, because that where my
        knowledge belongs and is needed..not because I'm such a big type marketer..

        The thing about being such a big success at whatever time now, later, in
        the future..have no meaning what-so-ever to the majority because they
        are trying to find something that help them feed their families the thing about
        "keeping up with the Joneses" does not exist in the masses..

        Thousands of times have I started something from rags to riches and it is the
        easiest way to get there because the way it's done is pretty much becomes
        an agreement with the masses..it is just suitable to them but not to the 5%
        meaning, it is just as hard for the 5% to succeed to low level marketing as is
        the other way around..

        Starting for an example of 5 bucks for some information like the above to the
        masses, a good business type of pattern to follow to the next of 50 bucks..etc..

        I might plan something like that in the net but maybe I will let somebody to lead
        I'm just not to much in marketing anymore but, will support anybody..really.

        rey

        P.S. There are different groups of people not everybody are the same..take
        for instance if we were stuck in an island of 100 or so people..what would
        happen after a while of seeing, hearing each other?..we would seperate into
        groups..but, when we are having such problems we are all the same and a
        lot easier to stick together!
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  • Profile picture of the author mbealmear
    I think your theory is correct. And not just the IM field will prosper. People will start looking to the internet for other needs as well.
    With rising gas prices many people will turn to the internet to get things cheaper and also to save them the gas money needed to drive accross town to the store.
    The internet has become a great way to save money and time....especially since alot of people are taking up second jobs.
    I think us internet marketers will prosper.
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  • Profile picture of the author Ross Dalangin
    I think you are right because in the situation like that, people are forcing to move ahead and think to have a next plan.
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  • Profile picture of the author derekwong28
    I agree that the recession will be good for the money making/saving niche as a whole. But it does not mean that individuals participating in those niches will do well. The reason would be very much increased competition.

    Therefore, although the pie is much bigger, the slices would be much thinner. I think you are seeing the situation with Adsense. Google is making record payouts yet more and more people are complaining of decreasing income.

    In a situation like this, I would concentrate on what I am doing and hopefully be one better than the existing competition.


    Derek
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  • Profile picture of the author Joeez
    I think more and more people will try internet marketing, but I really don't think that many will have success. It simply takes more patience than most people have to make money online.
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  • Profile picture of the author wealthy
    i was just reading that sales on internet were up... I guess it depends on what you sell, and how competitive the industry is.

    I think things will continue to grow online. gas prices up, jobs down, we run the global economy(look at Japan and Europe), third world countries goods down. foreclosures up,

    just my two sense
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  • Profile picture of the author rondo
    According to numerous reports online over 60% of Americans want to start their own business. In the last few years more than 2000 per day did just that. So regardless of the economic climate the homebiz/IM market has massive potential.

    Andrew
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  • Profile picture of the author lcombs
    Let me throw a wrench in the works.

    In February TV in the US is going 100% digital.
    So, essentially, your TV will be the same as your monitor.
    TV and the internet will soon be one.
    Where is that taking us?

    In response to the theory...

    I'd say for at least the next year or so people looking for alternative ways to earn a living will grow.
    Now is the time to aggressively go after your corner of the market.

    LC
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  • Profile picture of the author dhudiburg
    One thing is for sure, a digital business is in a lot better position to weather the storm of an economic downturn than any other business. Existing Internet businesses (that sell digital products) will be able to grow stronger while brick and mortar companies with rent, inventory, slim margins, etc. Will have a hard time.
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  • Profile picture of the author Darth Executor
    Originally Posted by asinGer View Post

    Here it is (And no, it's probably not earth shattering)

    Affiliate marketing, mlm, the direct selling industry, and Internet marketing in general will increase dramatically as the U.S. and global economy continues to fall. This will be due to an increase in people losing jobs and being forced to make an income at home.

    Like I said, not earth shattering, but am I wrong?

    Aaron
    I think you're wrong. For IMs to survive you need a large portion of the population producing stuff and making money the traditional way. You could argue more people will TRY to become IMs, but competition, especially among newbs, will increase as well, making it harder for them to break through, especially with fewer people buying stuff. In the end it will probably end up stabilizing as people give up and go back to trying to get a normal job.
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