Economic Recession or Not, You Must be Creative to Survive


Are we Really in an Economic Recession?

Some US statistics seem to indicate we are heading into one. If we are heading in that direction, what should we online marketers do about it?

Should we panic and give up our web sites, or just accept that we will get less business, and let it go at that. Doesn't sound like either plan is too brilliant.

If you are online in the Internet Marketing arena, perhaps their is an opportunity here. How about selling products on how to survive, and even expand your business despite the recession. This is a typical survival strategy and could be a big seller.

During the course of a year, there are periods that are slow. So, think a moment, what do we do at that time to get business?

We get creative and come up with plans to deal with the situation!

For example, in December for the last 2 years, we have seen a plethora of free giveaway programs. The purpose they serve is this. If you contribute a product to be given away, then you can gather the email addresses of hundreds or even thousands who want to download your bonus gift. A good way to expand your business in good times or bad.

The latest creation we have seen in the last few months, is the 'Firesale'phenomon. This is simply an excuse to bring in lots of money by creating a package of goods at discounts of up to 80%. Does it work? Well sure it does!

If you are selling $2,000 to $4,000 worth of product for $37 to $47 people see the value and jump on your offer. Ca-Ching goes the cash register.

Something that might happen if we do get into a real recession is that these vastly overpriced $1,000 products will come down to prices more affordable, thus benefiting more people. Not sure about that one, let me tell you.

If you belong to a few newsletters today, then you are surely being bombast-ed by new products every week, and great offers every day. Instead of just doing a quick delete, why not study the proposal, and learn from it how to be creative.

Marketers today ARE being creative. To get anywhere close to successful, you must do the same thing. Otherwise you will continue to make 3 or 4 sales a month and earn a pittance, along with 95% of all other online marketers.

Niche Markets is the ultimate solution

The trend today is to get away from good old fashioned Internet Marketing, and develop Niche markets. The most recession proof answer to the question of surviving a recession is to have several different Niche web businesses.

What could be better than a series of web sites in a small niche market selling affordable products. If one small niche can bring you just $300 to $500 a month, it is obviously not enough to live on.

But, if you have 3 niche markets each earning $500 per month, that is $1,500. Not bad. What if you have 10 sites each making $500, then the total of $5,000 a month is quite respectable. Now that is a reasonable amount to live on.

The best part of it is this. As trends change, like they do every year if not every few months, you may find one or two of your niches go dry. You may give them up. If you have to, it is not financially life threatening because of the backup position you have with all your other niche sites.

How many niche markets should you have? No easy answer to that one. Every individual case is different. Phil Wiley claims to have over 100 niche sites. In case you're not sure who Phil Wiley is, he is the author of the most renowned ebook on Niche Marketing called Mine Site Profits. You can read a good review at Best Affiliate Products at www.bestaffiliateproducts.com/minisiteprofits.html" target="_blank">http://www.bestaffiliateproducts.com/minisiteprofits.html

Personally I am working on a couple of niche sites, and my first target is 10 sites. After that, who knows. As long as you find the products people want, recession or not, you will be a winner.

Go for it, build a few niche sites. You can't go wrong.

Copyright 2005

Fred Farah
Best Affiliate Products and Niche Market Strategies for Maximum Profits
Give yourself the edge, subscribe to
Niche Market Strategies Newsletter at:
www.bestaffiliateproducts.com/niche-market-strategies.html">Best Affiliate Products


MORE RESOURCES:
Back when mergers amp acquisitions M amp A activity was at its peak in the U S market the term Merger Monday became routinely employed by analysts as if the bringing together of major corporations was a routine calendar occurrence Since the cooling off of M amp A activity

Has the proverbial “shift of power” — a.k.a. portfolio rebalancing — begun within the equity markets? More importantly, what should value-hunting investors do about it? On Friday, driven by a sharp rise in industrial stocks, the Dow Jones Industrial Average logged its second straight all-time high. The blue chip

With basically a week left in calendar Q3 2018 and a precious two days of summer left we are seeing a commanding performance from stock market bulls pushing to all time record highs on both the Dow 30 and S amp P 500 indexes This having come without a plethora of economic data for analysts

Yesterday, the Dow Jones Industrial Average caught up with the other major indices when it traded and closed at all-time high levels. The S&P did that a month ago, followed by the Nasdaq a week or so later. Both of those benchmarks are at or close to their highs again now after a short period of consolidation. I am

It’s about that time again. WTI hits $70 per barrel and the tweet-rage is back. OPEC does have a  meeting in the coming days  in Algiers to assess the state of the oil market, and decide on next steps. But one of the largest near-term challenges for OPEC is balancing the oil market in the wake of lost

It’s time to cut and run on U.S. equities, and—though the prevailing currency crises might not seem like a good place to park your cash—the bank says it’s time to shift some of that money over to emerging markets.  Why? Because Trump’s tax cuts aren’t going to be doling out much more love and the U.S. is poised to

By Avi Gilburt, ElliottWaveTrader.net In this article, I am going to do something a little different from my usual articles and start with my perspective on market direction, and then move into the issues I see in the market today. I have long believed that we can see the 3000+ region before we get that 30%

I continue to be amazed at many analysts who are shoveling opinion masquerading as fact on the impact of a trade war between China and the U.S. Many analysts are discussing impacts like: how $200 billion of duties on both China and U.S. would affect the U.S. exporters more because the U.S. imports 4 times

Truly remarkable these Initial Jobless Claims Week after week we see a further melting of the American populace in need of a payout while seeking a new job During the digging out from the Great Recession a hotly anticipated sub 300K jobless claims headline was sought for getting traction in

Do you remember when the yield on the 10-Year Treasury Note was a big deal? I suspect that you will, as it was only four months ago. Back in May, when the benchmark 10-Year was approaching a three percent yield it was seen as highly significant, with predictions of doom commonplace. Most notable among them was the

OPEC members and their Russia-led non-OPEC allies have yet to decide how to share the 1 million bpd production boost they pledged in June. when they saw the market started to tighten too quickly which pushed oil prices to $80 a barrel—potentially ringing in the beginning of demand destruction. At a meeting this

Ahead of Wall Street s opening bell this morning new economic data crosses the tape These findings will be of particular importance to Fed members who reconvene next week to decide on new interest rate policy The smart money all year has been on another interest rate hike in the month

The current market can be mystifying at times. It seems that every move, both up and down is massively exaggerated, but if you understand one simple thing, it all makes sense. “Value” in the traditional sense of the multiple of a company’s earnings is now as good as irrelevant: Growth is the only thing that counts.

So President Trump has taken his next move on the trade board with Chinese imports an additional 10 tariff is set to hit 200 billion of Chinese goods coming into the U S starting Monday This follows the initial 50 billion in goods from China that have been taxed already in hopes Trump

The shale industry has hit a bit of a rough patch, with pipeline bottlenecks, cost inflation and a crowded field contributing to a drilling and production slowdown. But many in the industry are confident that the lull will be temporary. There are several strategies that shale companies are starting to pursue, such

Alopa.com ©