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 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
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Google News Updated : Mon, 13 Oct 2008 23:51:55 GMT Palin: We can't let 'leftist groups…steal this election' - CNN Political Ticker Seattle Post Intelligencer Palin: We can't let 'leftist groups…steal this election' CNN Political Ticker - 1 hour ago “The truth is that far-left groups in this country will do anything to help the Obama-Biden Democrats win the White House and maintain their majorities in Congress,â€� Alaska Gov. Voter registration boom favors Obama Washington Post NC elections broad probes ACORN forms AZ Central.com WJHG-TV - Boston Herald - WJRT - ABC News all 1,325 news articles Publ.Date : Mon, 13 Oct 2008 22:39:24 GMT Caffeine Consumption Doesn't Raise Overall Breast Cancer Risk - Washington Post Telegraph.co.uk Caffeine Consumption Doesn't Raise Overall Breast Cancer Risk Washington Post - 1 hour ago By Alan Mozes MONDAY, Oct. 13 (HealthDay News) -- Drinking coffee or consuming other caffeine-laden foods does not appear to boost breast cancer risk, new research indicates. Caffeine, Breast Cancer Link Minimal WebMD Caffeine 'can increase breast cancer risk' Telegraph.co.uk Science Daily (press release) - MedPage Today - ABC7Chicago.com - Reuters India all 63 news articles Publ.Date : Mon, 13 Oct 2008 22:00:13 GMT North Korea Reopens Yongbyon Nuclear Reactor to UN Inspectors - Bloomberg Calgary Herald North Korea Reopens Yongbyon Nuclear Reactor to UN Inspectors Bloomberg - 2 hours ago By Bill Varner Oct. 13 (Bloomberg) -- The United Nations' nuclear watchdog agency was given access today to North Korea's plutonium- producing plant at Yongbyon, a reaction to the US decision to remove the nation from its list of states sponsoring ... NKorea grants UN nuclear watchdog access to Yongbyon: IAEA AFP North Korea allows back nuclear inspectors Christian Science Monitor BBC News - Reuters - United Press International - guardian.co.uk all 3,791 news articles Publ.Date : Mon, 13 Oct 2008 21:38:19 GMT Britain withdraws terror detention law after defeat - AFP Telegraph.co.uk Britain withdraws terror detention law after defeat AFP - 50 minutes ago LONDON (AFP) - The British government on Monday withdrew a plan to extend the time suspected violent extremists can be held without charge after the House of Lords voted against it. House of Lords deals fatal blow to 42-day terror detention plans Times Online Ministers drop 42-day detention BBC News Xinhua - Telegraph.co.uk - Scotsman - ABC Online all 559 news articles Publ.Date : Mon, 13 Oct 2008 23:01:32 GMT Romo Out For a Month - Washington Post Boston Globe Romo Out For a Month Washington Post - 5 hours ago The Dallas Cowboys will be without quarterback Tony Romo for as long as a month because of a broken finger on his throwing hand. Romo suffered a broken right pinkie on the first play of overtime of the Cowboys' loss Sunday at Arizona, according to a ... Romo sidelined with broken finger Sports Network Cowboys' Romo has broken finger, may miss 4 weeks The Associated Press FOXSports.com - Los Angeles Times - Dallas Morning News - WFAA all 692 news articles Publ.Date : Mon, 13 Oct 2008 18:10:26 GMT Rangers Prospect Cherepanov Dies After Collapsing During Game - New York Times New York Times Rangers Prospect Cherepanov Dies After Collapsing During Game New York Times - 1 hour ago By Stu Hackel Nineteen-year-old Russian forward Alexei Cherepanov, who was a Rangers first-round draft choice in 2007 and considered one of the organization’s top prospects, died on Monday after collapsing near the end of a game between his KHL team ... Cherepanov collapses on bench during game, dies at 19 ESPN Rangers prospect dies during game in Russia The Associated Press FOXSports.com - Sports Network - Los Angeles Times - Washington Post all 202 news articles Publ.Date : Mon, 13 Oct 2008 22:37:16 GMT Stocks Soar on Wall Street as Markets Bounce Back from Worst Rout ... - Voice of America China Daily Stocks Soar on Wall Street as Markets Bounce Back from Worst Rout ... Voice of America - 42 minutes ago By Barry Wood The Dow Jones Industrial Average Monday registered its biggest daily point gain ever, gaining 936 points or 11 percent. Wall Street explodes, marks biggest 1-day gain Inland Empire News Dow Surges On Global Bailout Plans NPR Las Vegas Review - Journal - International Herald Tribune - The Associated Press - xchange Magazine all 2,959 news articles Publ.Date : Mon, 13 Oct 2008 23:09:50 GMT RSS For Web Pages More Web Site Traffic

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