Recession and Making Money Online Scenario
Recession has cost millions to lose their jobs. But its effect on online business is not same as that on offline. Many affiliates have actually seen boost in their income as many people have lost their jobs and looking for online opportunities to earn money. Although this means a lot of business in "making money online" opportunities, but at the same time it also means you have to convince your customer more to spend his/her money. So that also means who will give high quality product at lowest price will win the heart of customer. Although money making niche has become hot but same cannot be said about other niches as people facing the recession won't go on blind online shopping(they may become ultra skeptical devices). But making money online is their need so "make money online" niche will remain hot. Even though recession has boost certain areas of making money online but this makes the rules of the internet marketing game even tougher. There are already enough pro in marketing jungle so if you are newbie it may be 4 times more difficult to enter internet marketing in recession(I am not demoralizing you, just telling the truth).
Another question which arise is with huge number of people turning to online marketing will it saturate the market. The answer is not very motivating but the answer will remains the same “95% of people will still fail to make any money online”. I didn’t said these words to demoralize anyone but human nature never changes. A lot of people even after losing jobs will still be searching for "quick millionaire scheme” and live in their dream world. But if you are someone serious then you can put yourself in 5% who are making serious money online even during recession.
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