Thursday, December 4, 2008

Online Income and Recessions and Layoffs

Online Income and What does the Recession Mean?

By now we have all heard that there is a world wide recession and that it will affect us in some way. Many people have already been laid off and many more face plant closures in the next few months. As Internet marketers what is this going to mean?

Well there is going to be an influx of well educated hard working people looking at online business as a means to make a living. They will be looking for marketing information as well as the tools to start their online business. They will also see that the Make Money Online field has huge resources and a huge demand.

This means many of them will jump on the internet marketing band wagon as we have. Obviously I am guilty too. Selling tools to the gold miners is an apt description. Then once many find that this niche is over saturated they will branch out into more tightly defined niches.

If you are new to Internet Marketing I strongly recommend not getting into the Make Money Online niche. There is too much competition. Look instead at the specialty that you left and see if you can develop that as a sales niche there. Once you develop one niche develop another that ties into your original one.

With marketing on the internet more income streams the better. Some will produce alot others only a trickle. Together they can make a reasonable income online.

People will still be looking for information, but a lot of it will be slanted to how to do things themselves and how to save money. When you have time on your hands but not a lot of money your are willing to spend the time to achieve your goals but save your money.

If you create information products in your niche and target saving money with the information that your provide you will be one step above your competition.

If you are starting out, information will be a key component in learning how to get paid from the internet.

First check free sources of information. Read this blog and others that offer free information. There is lots of free information on my other site Dig around and read the articles etc.

If you want a package that really does help give you a leg up in the online marketing world buy Honest Riches by Holly Mann for the $37.00. It explains many techniques and does save you an amazing amount of time. But digest all the techniques in the ebook before you buy another product. Try some of them. Your first attempts don't have to be perfect but it will get you rolling.

There is really no fast money with this business. If you start realize that your first couple of years are going to be grinding away at the computer. The good news is that once you have your system up and running it will make you money mostly by itself. Automation is wonderful.

Be careful of information overload in the begining. It can be paralyzing. Remember small steps create a full journey.

David Robertson
Online Income Streams

1 comment:

The Easy Button Cash said...

I like the post. I find a great way to lower your risk of being scammed it is important to diversify your portfolio and keep investments low. Check out my blog for another awesome and simple opportunity. Multiple streams of income are the road to wealth!