Internet Marketing & The Global Recession
Internet Marketing & The Global Recession
© Doug Champigny. All Rights Reserved Worldwide.
Internet marketing experts are thriving today as never before; more people are making money online than at any time in the 14 years the World Wide Web, and Internet marketing, has existed. But those considering starting a business online may not realize that Internet marketing is still viable during the current world-wide financial meltdown.
The global recession is an accepted fact - right now every major economy in the world is suffering a recession, as defined by two consecutive quarters of negative growth. Worldwide, media outlets scream their headlines of the latest layoffs, foreclosures, bankruptcies, bailouts, devastated retirement savings, repossessions and the like.
On a personal level, every intelligent, caring human hates it - the pain, suffering and stress it generates, and the jump in hunger, homelessness and true poverty that results in more and more instances.
Offline businesses hate it too. In the business-to-business realm, keeping your own business afloat, supporting your share prices and maintaining a positive cashflow are just the start of it - but what about your customers and suppliers? As businesses slash their expenditures, customer lists are shrinking and average order value is plummeting.
And 'Just-In-Time' supply systems, the darling of the 80's and 90's with it's reduced inventories, has become a major headache. With no existing inventory to fall back on, corporations are finding it necessary to prop up their suppliers or face a lack of product while they search for new sources.
Business-to-Consumer business is just as bad, if not worse. Millions of jobs have evaporated in the past year alone, taking those salaries with them. Falling home values in the US and UK, for example, have dried up many equity lines of credit, and the general credit squeeze is making it even tougher to ride out the storm on credit. Credit card companies are lowering limits and/or raising the interest rates for those already struggling, exacerbating the situation even more.
And even families with no job losses or income reduction are realizing that savings are at all-time lows while household debt is reaching record heights. So again spending is curtailed in an attempt to pay down debt and rebuild a financial cushion against the unexpected.
Yet Internet marketing and its subsets - affiliate marketing and niche marketing - continue to thrive and even boom during it all. If you've been considering getting into Internet marketing but have hesitated because of the recession, it's time for a major reframe of your viewpoint... Internet Marketing & The Global Recession cont'd
-
© Doug Champigny. All Rights Reserved Worldwide.
Internet marketing experts are thriving today as never before; more people are making money online than at any time in the 14 years the World Wide Web, and Internet marketing, has existed. But those considering starting a business online may not realize that Internet marketing is still viable during the current world-wide financial meltdown.
The global recession is an accepted fact - right now every major economy in the world is suffering a recession, as defined by two consecutive quarters of negative growth. Worldwide, media outlets scream their headlines of the latest layoffs, foreclosures, bankruptcies, bailouts, devastated retirement savings, repossessions and the like.
On a personal level, every intelligent, caring human hates it - the pain, suffering and stress it generates, and the jump in hunger, homelessness and true poverty that results in more and more instances.
Offline businesses hate it too. In the business-to-business realm, keeping your own business afloat, supporting your share prices and maintaining a positive cashflow are just the start of it - but what about your customers and suppliers? As businesses slash their expenditures, customer lists are shrinking and average order value is plummeting.
And 'Just-In-Time' supply systems, the darling of the 80's and 90's with it's reduced inventories, has become a major headache. With no existing inventory to fall back on, corporations are finding it necessary to prop up their suppliers or face a lack of product while they search for new sources.
Business-to-Consumer business is just as bad, if not worse. Millions of jobs have evaporated in the past year alone, taking those salaries with them. Falling home values in the US and UK, for example, have dried up many equity lines of credit, and the general credit squeeze is making it even tougher to ride out the storm on credit. Credit card companies are lowering limits and/or raising the interest rates for those already struggling, exacerbating the situation even more.
And even families with no job losses or income reduction are realizing that savings are at all-time lows while household debt is reaching record heights. So again spending is curtailed in an attempt to pay down debt and rebuild a financial cushion against the unexpected.
Yet Internet marketing and its subsets - affiliate marketing and niche marketing - continue to thrive and even boom during it all. If you've been considering getting into Internet marketing but have hesitated because of the recession, it's time for a major reframe of your viewpoint... Internet Marketing & The Global Recession cont'd
-
====================
Please Add The Marketing Domination Blog To Your Technorati Favorites! Marketing Domination at Technorati
Please Stumble Our Blog: Marketing Domination at StumbleUpon
====================
posted by Unknown at 8:10 PM
<< Home