If the U.S.A or The World Goes Into another Great Deppression What Would Happen To IM?

I personally think that when oil prices skyrocket online shops will be the ones to benefit extremely. Think about it, if you are sitting at home thinking about going shopping then realise you don't want to spend too much money on fuel, what do you do? Head over to the pc where anything you buy can get delivered to your door. Sounds like a good niche to be in.

Well the IM niche will blow up for sure.

More people out of work = more people searching for other work opportunities

In difficult situations people buy only what is indispensable, like bread and milk.

We have to sell products that help human beings survive. Think about everything you need online, otherwise you’ll die…

The first thing that comes to my mind is traffic.

I hope this happens, infact it is already has.

That means more desperate buyers. I am in two niches that cater to this. So excellent. If things get better I earn money....if things get worse (and they will i assure you from my previous posts) then I earn money.

You see as a IM'er and I am talking as a non guru...I am coming to you from someone that learnt how to earn my first $1, the values and tricks are the same when you are earning alot more.... It is about supply and demand. That is why people give up....they enter the wrong niche, come back here and abuse us for leading them astray. But how have we scammed them. They went away with the best advice and probably tried the first crappy niches that lay infront of them DUMB!???? *rolls eyes*

How about think of the globe as a big box of customs where the handlers come and sort through the things people want sent and received. Some people want this and other that. But soon you will see trends that tell you there are demand in more areas than others.

Sorry if I am rambling, i guess the point I am trying to get across is that no matter the state of the economy there will always be supply and demand.. Maybe the demand will be different....and some say lower. But really look at the situation there will still be people begging for equiptment and information. Who is there to serve em? US! but you just have to hone in and think what niches will work better. I spend 3 months going back to the last great depression to see what businesses did the best and I was suprised.

So do not worry, I think if the economy fails money will still be there, and people will be more desperate. That was how many millionaires were made last time in the 1930's and more will be made this time 2011 - 2012 when the economy dwindles and recovers again. It is all about supply and demand. So stop worrying that you are going to lose money and dollar will crash, start worring where the hungry crowds are...find out exactly what they are after and then offer it better than anyone else. Simple commonsense.....but sometimes scratch my head and do not understand why people fail to see this.

I will leave you with one of my favorite sayings. "History repeats" if that is not a big enough hint for you, then I do not know what is!!???

Good luck it is a crazy ass world out there.

Love

Celent.

When given an option, there are still plenty of people willing to pursue the world of IM. This probably will be the case for many years to come.

We should be in the selling drugs (medicine); selling booze and funeral services business.

Even in depression people get sick, people drink and people die - those are evergreen businesses

I chose the SEO industry very carefully knowing what was coming ahead. So if you're looking to make sick money in a down economy that's the industry to get in. We have had $75k in sales come in the last three months alone (just from the Warrior Form alone). The worse it gets the more folks will be lining up wanting to invest in web traffic.

Looks like 9-5 jobs will be more common.

If our economy takes a worse dive than it already has, what makes everyone think the IM industry will explode? If people don't have money, they sure ain't going to buy your MMO products! They will buy only what is necessary to survive. That makes me think the IM market will take a dive.

I've already talked to some people who have seen their sales drop off and it's even now getting worse. Dreaming is good, but don't ride the dream that you will get rich with IM products if the bottom falls out of the economy. Just my opinion.

The industries that flourished during the Great Depression (1929-1941):

• publishing (books/magazines/newspapers)
• movies
• radio

The common theme: information and entertainment/escapism. If another depression hits, that's what people will part with scarce dollars for. IM/MMO will be fine. There were tons of books on making money that sold well during the 1930s.

In nearly all categories, companies that increased their advertising instead of cutting back did well. They took ever larger pieces of the shrinking pie.

Regardless of what "positive thinkers" want to pretend, it is already harder to sell online, regardless of niche. I'm not saying its impossible but the fact is, IM was booming when the american (and world) economies were booming. It has definitely slowed down. Did you miss the threads about product launches bombing?

A rising tide lifts all boats and anyone smart will hope (without good reason) for a better economy. EVEN if you're selling make money products in the IM space.

A lot of people will be hunting the internet of making money opportunities, so the overall traffic should explode. And many products will be sold.

I really have no idea. But maybe people will be more cautious on what they ought to buy online. Some shoppers today had their credit card open always but the recession can stop people becoming impulse buyers. Internet Marketing will have less of buyers and more of sellers.

Andrea

A Great Depression won't end Internet Marketing, but solar flares will eventually...

"A powerful solar eruption that triggered a huge geomagnetic storm has disturbed radio communications and could disrupt electrical power grids, radio and satellite communication in the next few days, NASA said."

A strong wave of charged plasma particles emanating from the Jupiter-sized sun spot, the most powerful seen in four years, has already disrupted radio communication in southern China.

The Class X flash -- the largest such category -- erupted at 0156 GMT Tuesday, according to the US space agency. X-class flares are the most powerful of all solar events that can trigger radio blackouts and long-lasting radiation storms," disturbing telecommunications and electric grids, NASA said Wednesday."

Good videos about space weather and the changes taking place on this planet: http://collegerama.tudelft.nl/medias...a28ac0c7d1e61d

Yes i believe there will be a boom in local markets since it is cheaper to purchase local since there are no shipping costs. I think governmental work programs will also rise. As for internet, thats not going away and i think ecommerce will boom too because it will be a cheaper way to shop prices.

Elaborate that please

Ecommorce is online selling right?

We are still in a depression of sorts.

You know what sells in a depression?

IM, cosmetics, alcohol and games.

Face it... Borders just filed for Chapter 11.. The era of the brick and mortar business models... (at least in the book industry) looks like it's heading for the dinosaur age...

If US does go through another depression I guess it means good news for internet marketers... In fact, I made most of my money online during the recession period...

The internet helps cut down costs which in turn are passed on to the end consumers... (just think in terms of paying hosting vs rental) I foresee a future where people are likely to do most of their purchases online

I think the US is STILL big enough that, if hurt, it could hurt the world. Didn't 2008 kind of prove that?

It is ASTOUNDING how some people feel that the internet will ALWAYS be around.... an SO IM will always be viable. That has been proven WRONG!

1. Some company could go bankrupt, and effectively disconnect a whole section of the internet.
2. If a person loses their job, they may not be able to wait a week, let alone 5. Besides, their trust of the company being there could VANISH!
3. Fraud will likely increase, and credit could dry up ON BOTH ENDS! It happened in the 1980s, why not NOW?
4. Libraries may cut back on services, and people may not have computers.
5. They will have less money.

Oil prices affect ONLINE physical goods ALSO.

BTW people do NOT generally work jobs to make money! If they did, they wouldn't bother. They work jobs to LIVE, and pay the bills. They NEED an amount they can depend on! If you promise them the world, they MAY bite. They will be JUST as dissatisfied. BUT, they will have MORE time on their hands, and less money, so EXPECT them to decline the charges!

As for the recession? It has been relatively light, for me anyway. Most companies that I have seen have trouble in the past 12 years had trouble BEFORE this recession. My banmk went under because they were heavily into the subprime stuff. A bigger bank bought them up. The earlier bank destroyed my credit so, as part of an improvement plan, I refinanced, so I actually ended up a bit BETTER off. And the US has artificially been helped out. Who knows WHAT will happen later.

Steve

While there are some problems with the world economy, that has always been the case. There are plenty of good things happening too, and I can assure you we will make it through good times and bad.

Entertainment and escapism will NEVER vanish. You can build a business on those two in ANY economy.

Information is always of value regardless of the economy.

In my personal opinion nothing should go wrong with the IM even in that macabre...However, there might be some fluctuation in the paid marketing cost...

There are ALWAYS ways to make money - regardless of the economy.

In fact - while the US dollar goes down, down, down to oblivion - the price of some things goes up, up, up to the sky.

You just need to make sure you've got the stuff that's going up in price and these problems become opportunities.

Andy

There'll always be methods and opportunities that will allow us to make money, just as what occurred during the last Great Depression in the 1930s.

Even at its very peak, unemployment hit an estimated 25%. This meant that the other 75% of the population was employed, and had at least some money to spend.

The key with any kind of business (whether online or offline) is to see where money is exchanging hands, and position ourself in the right area within the marketplace to take advantage of these trends. While we would not necessarily be able to make money the same way as we do today, you can rest assured that there'd definitely be profitable developments and opportunities for us to take advantage of online.

The marketplace in such a depressed state would be somewhat different from what we see today, so the key here would be to become proactive and get on profitable trends we see as quickly as possible, as opposed to being reactive.

Paul