Internet Marketing and Global Financial Crisis?

12 replies
After today's drop on the stock exchanges in Asia, I think we again face a major crash on the stock exchanges.

How was it to work with "Internet Marketing" in the crisis in 2008 and what changes did the crisis do to IM? Which niches will go down and what niches will raise?

The last events in the financial world will be very important for our revenue potential, but we should know how to handle it. Anyone who has experienced it should really throw up a WSO on this.
#crisis #financial #global #internet #marketing
  • Profile picture of the author Benjamin Ehinger
    Things will get a little tighter for sure, but I actually am up this year for the first time since before 2008. I would say that you will still do well online and maybe even better due to the high gas prices. This may cause people to order more things and have them shipped instead of driving to the store come Christmas time.

    Benjamin Ehinger
    {{ DiscussionBoard.errors[4429671].message }}
    • Profile picture of the author Traxior
      Originally Posted by Benjamin Ehinger View Post

      Things will get a little tighter for sure, but I actually am up this year for the first time since before 2008. I would say that you will still do well online and maybe even better due to the high gas prices. This may cause people to order more things and have them shipped instead of driving to the store come Christmas time.
      You are thinking way to small. I'm in Norway and you should look at the prices of the gas here, 9.68 dollars per gallon. or 14 NOK per liter. We still drive around... Besides, there is not much shipping in the IM business.

      Im thinking way broader than you. Im not afraid not selling, but im afraid how the bad economics will work in our business. And since it's only three years since last crisis (in 10 years we will call it the same crisis), I think there can be some people in here that actually was through it.
      {{ DiscussionBoard.errors[4429866].message }}
  • Profile picture of the author imback
    I think it will actually help IMers...

    I know I will find a way to make it

    CHAD
    {{ DiscussionBoard.errors[4429880].message }}
  • Profile picture of the author onegoodman
    I am concerned of inflation. It seems to be huge. I am not sure why things are going bad but there are signs this could be worth than 2008.
    {{ DiscussionBoard.errors[4429900].message }}
  • Profile picture of the author Paleochora
    I am amazed at the price of petrol in Norway. That's the same as here in Greece.... and you guys have soooo much oil!

    I guess someone has to pay for stuff like fathers getting 3 months paid paternity leave.

    Here, the average wage is probably a third of that in Norway, so people are not driving around quite as much.
    {{ DiscussionBoard.errors[4429938].message }}
  • Profile picture of the author RellGins
    Warren Buffet (Billionaire, once the richest man in the world) makes a TON of money in bad economies. His saying, "Buy when people are desperate and sell when people are greedy" is something to think about when planning your next IM project! ;P
    {{ DiscussionBoard.errors[4430124].message }}
  • Profile picture of the author madmmd
    Internet will always grow buddy.. there is no stopping now..
    {{ DiscussionBoard.errors[4430351].message }}
    • Profile picture of the author Traxior
      Originally Posted by imback View Post

      I think it will actually help IMers...

      I know I will find a way to make it

      CHAD
      Yeh, but would it be a good thing to understand before you may have problems? Yes....

      Originally Posted by onegoodman View Post

      I am concerned of inflation. It seems to be huge. I am not sure why things are going bad but there are signs this could be worth than 2008.
      Inflation? Do you live in Kongo? After this week, inflation will not be the problem, unless you are living in some unsivilized country.

      Originally Posted by RellGins View Post

      Warren Buffet (Billionaire, once the richest man in the world) makes a TON of money in bad economies. His saying, "Buy when people are desperate and sell when people are greedy" is something to think about when planning your next IM project! ;P
      Yes, i know he saying that. But I dont know how to approach it, but i do understand that this forum is a /(&/)("!&#"!# compared to BHW to get answered serious questions.

      Originally Posted by madmmd View Post

      Internet will always grow buddy.. there is no stopping now..
      I have not said that either. It's usually a good thing to read, understand and then answer.
      {{ DiscussionBoard.errors[4430764].message }}
    • Profile picture of the author celente
      Originally Posted by madmmd View Post

      Internet will always grow buddy.. there is no stopping now..
      You are right!

      I am not impressed that obama keeps lying and people keep listening to him.

      The US and world is about to go through a hard time.

      But do not worry, people losing their jobs means they come online, so expect to see the warrior forum florishing with more newbies soon, and IM with more good stuff and more scammers. lol.

      But When we do go through a hardship, there is still people with money and still people spending it. Supply and demand just changes or sort of shifts focus if you will.

      I have a double degree in economics and saw this happening a while back and put myself in the niches that I thought would do well. Luckily for me they are paying off well. So that is a good sign going forward.

      I expect there will be many millionaires and billionaires created in this next financial disaster we have, because they know where the supply and demand is. I just follow them and study what they are doing. Simple really.
      {{ DiscussionBoard.errors[4431121].message }}
  • Profile picture of the author tehnolife
    Banned
    Well... the Make Money Online niche will increase dramatically, more people will come online to "get rich" over night.

    This is the first impact. MMO products will sell very good in these times.

    Depends on what you are doing online.
    {{ DiscussionBoard.errors[4431101].message }}
  • Profile picture of the author SUPER Louie
    Just my opinion. But wouldn't that make the IM industry better since people would want to buy more products that would make them money?

    If many were laid off, they would have more time at home to browse the Internet and purchase useful products right?
    Signature
    A superhero is someone who knows how to be quiet, shed a tear for a moment, then pick up his sword, and fight again!
    {{ DiscussionBoard.errors[4431250].message }}

Trending Topics