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How has the economy affected YOUR business?

by Mike Williams
15 replies
I have noticed some drops in conversion rates (in a health related niche) as compared to before the gas price hike and all the ensuing bad economic news.

I'm just curious about how other internet businesses have been faring in these times.
Have some of your niches handled the slowdown much better than others.

I'm not looking to steal your niche ideas so you don't need to get too specific. I'm just really curious as to how the economy has affected the average internet entrepreneur.
#affected #business #economy
  • Profile picture of the author dbh
    Not too much slowdown here, probably 2-3% maybe....

    - Darrell
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    • Profile picture of the author Solidsnake
      Banned
      Here is the most update lists of highest paying niches.
      Lists of Niches with Highest CPC (Adwords/Adsense) | Myseoblog.net
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      • Profile picture of the author macchiavelli
        My dollars are basically worth crap at the moment.
        Its like im working twice as hard for half the money.
        Ah well, it beats working a day job!
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        • Profile picture of the author Mike Williams
          Originally Posted by macchiavelli View Post

          My dollars are basically worth crap at the moment.
          Its like im working twice as hard for half the money.
          Ah well, it beats working a day job!
          Yes. I'm glad you brought that up. Inflation is the real killer. Same money coming in, but going out twice as fast now.

          We all have to turn it up a notch.
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        • Profile picture of the author celente
          there is alot going on...and the market will crash soon....yes...more!

          But depends what niche...alays remember weakness in one area always creates strength in another area and visa versa...you just gotta do your research.

          I have been folloing this guy on youtube > http://www.youtube.com/user/myspaces...'s Channel he has been spot on with everything that is happening.
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          • Profile picture of the author Steven Wagenheim
            Yeah, it has.

            I'll probably beat last year's income by about 25K. Of course it's still early
            and there's 4 months left to go after this one so anything can happen. But
            as of now, I'm on a record breaking pace by a wide margin.
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          • Profile picture of the author Terry M.
            Originally Posted by celente View Post

            there is alot going on...and the market will crash soon....yes...more!

            But depends what niche...alays remember weakness in one area always creates strength in another area and visa versa...you just gotta do your research.

            I have been folloing this guy on youtube > http://www.youtube.com/user/myspacesecrets YouTube - myspacesecrets's Channel he has been spot on with everything that is happening.
            hi Celente, the link says invalid user, can you post it up again? Thanks.
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            • Profile picture of the author celente
              Originally Posted by Terry M. View Post

              hi Celente, the link says invalid user, can you post it up again? Thanks.
              oh ok sorry!

              YouTube - myspacesecrets's Channel

              try that link above...lots of good info about what is coming...

              if that doesnt work just do a search for myspacesecrets on YouTube

              he is a standup guy and has a lot of interesting things to say, even where strength will be in the next 12 - 24 months with the economy the way it is.
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              • Profile picture of the author mdunn123
                I haven't exactly noticed a slow down, but what I have noticed is that people (at least in my markets) have been holding on to their money more tightly, which just means that I have to sell them better and offer more value.
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                • Profile picture of the author zach2393
                  Not at all it made it even betteR
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              • Profile picture of the author Terry M.
                Originally Posted by celente View Post

                oh ok sorry!

                YouTube - myspacesecrets's Channel

                try that link above...lots of good info about what is coming...

                if that doesnt work just do a search for myspacesecrets on YouTube

                he is a standup guy and has a lot of interesting things to say, even where strength will be in the next 12 - 24 months with the economy the way it is.
                hey Celente! Thanks! You really rock! No kidding!
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                • Profile picture of the author myob
                  Parts of the economy may be considered in a recession, but most areas are fundamentally strong. My business is actually doing better than ever. If you have money to invest, right now is the time to buy real estate and stocks. They are real bargains now.
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  • Profile picture of the author Andrew Dillon
    All this nonsense about there being a recession is laughable. There is no recession, and even if there was, there is still enough avenues for making money that it shouldn't effect your business. Personally I am doing better this year than I have in the last two.
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    • Profile picture of the author HeySal
      I have a few items that really picked up strong as soon as talk started about ressessions and valueless money. The sales for that dipped after gas went to 4 bucks a gallon, but they are rising again.

      My grandfather got rich during the great depresison, so I guess I don't have any excuses if I don't, too.
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      Sal
      When the Roads and Paths end, learn to guide yourself through the wilderness
      Beyond the Path

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  • Profile picture of the author Jeannie Crabtree
    Mike, my slowest months in the health niche are during the summer. August is
    usually very slow.

    So, more and more, I branch out into some other niches to compensate.
    Recently I made a site that should be interesting to buyers year round,
    added more products to another heatlh site and added some reviews to
    a third health site. The review pages are starting to pick up some natural
    searches in three weeks.

    Jeannie
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