Financial Crisis
I got myself something to eat and was channel hopping as usual and between the election stuff was a lot of doom and gloom over with one financial crisis after another. I can’t hep but wonder how this will affect internet income. My writing business is doing very well, but my other ventures are just sprouting up.
With the recent government buyout, more people are becoming concerned. Over at Wickedfire there was a break taken from the usual party atmosphere over there and this thread, US Gov’t Bailout of Banks, got started. The thread has some enlightening information and informative links.
Wickedfire’s creator had a post back in March of this year, A Recession is Great for Internet Marketing and Internet Advertising Industry.
So what does someone like me who has a limited knowledge of things, think? I believe that there will be some who will bail out of the internet in fear, unsatisfied with the income that is coming in. That space will be quickly snatched up by those who are creative and looking for new ways to bring in some bucks. Sites will need to be relevant today and when things turn back around. It may be awhile, but they will eventually.
An example: Real Estate
- Poor economy-foreclosure and bankruptcy related pages
- Sales down or stopped-rental and rent to own related pages
- Good economy-how to invest in real estate pages
- Housing market boom-house buying related pages
All economic times are covered in the same site!
I found your blog on MSN Search. Nice writing. I will check back to read more.
Eric Hundin