can someone make money online in this recession ?

Discussion in 'General Business' started by mt33, Feb 28, 2010.

  1. #1
    hi

    as you know recession is biggest difficult in the world and finding a job is hard in this position

    i have a question

    how much business online related to recession ?

    can someone make money online in this recession ?!

    thanks
     
    mt33, Feb 28, 2010 IP
  2. imediaserv

    imediaserv Peon

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    #2
    heres an idea for you
    1. think of a great idea, product or service that everyone wants or needs
    2. get the funds, investment to start whatever it is your going to start
    3. market, and promote promote promote

    If you need help with finding funding or investment ive found a great online loan website
    which is total legal and all above board
     
    imediaserv, Feb 28, 2010 IP
  3. JimGee

    JimGee Member

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    #3
    To answer your question, without trying to take some of your money.......
    Yes.....
    When money gets tight, people seem to be more careful with their expenditures......more folks will buy something to save money.......like a used car instead of a new one....
    Discount products...things they really need....a lot less luxury items....
    But they will still buy.......just have to find the right things...
     
    JimGee, Feb 28, 2010 IP
  4. mentos

    mentos Prominent Member

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    #4
    how much business online related to recession ?
    Not much affect for me coz my business is not financial related.

    can someone make money online in this recession ?!
    Yes,in fact i just setup my branch company at other state now due to the cheap labour nowdays.
     
    mentos, Feb 28, 2010 IP
  5. mt33

    mt33 Well-Known Member

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    #5

    that's great , hopefully i can do a business in this recession :)
     
    mt33, Feb 28, 2010 IP
  6. FavouritesBlog

    FavouritesBlog Peon

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    #6
    no such thing as a recession. its just the governments playing fetch.
     
    FavouritesBlog, Feb 28, 2010 IP
  7. aras

    aras Active Member

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    #7
    Crisis yields to big opportunities, always.
     
    aras, Feb 28, 2010 IP
  8. Bohra

    Bohra Prominent Member

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    #8
    if u invest something say a small amount u can start a lot say for a domain or script
     
    Bohra, Feb 28, 2010 IP
  9. mt33

    mt33 Well-Known Member

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    #9
    how much should i invest for it ?
     
    mt33, Feb 28, 2010 IP
  10. Barefootsies

    Barefootsies Well-Known Member

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    #10
    There are still people willing to buy if you have what they want.

    I still am doing well with my main niches, celebrities and fetish. People are going to pay for whatever hits their fix. You simply have to find what they can't live without. I have some tutorials in my sig that will give you a broad overview of the niches if you want to get some ideas.

    Good luck champ.
     
    Barefootsies, Feb 28, 2010 IP
  11. RightMan

    RightMan Notable Member

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    #11
    I agree that the environment is a bit tough and people think twice before any spending is done. It would be good to use such crisis as an advantage and motivate yourself to work harder!

    After all... lot many inventions and discoveries were made under crisis and in extreme circumstances! :)

    Regards,

    RightMan
     
    RightMan, Feb 28, 2010 IP
  12. webmaster16.com

    webmaster16.com Peon

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    #12
    yes all companies are earning but some charges comes.
     
    webmaster16.com, Mar 1, 2010 IP
  13. Fergal

    Fergal Well-Known Member

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    #13
    mt33 the recession brings opportunities as well as difficulties. There are people starting to buy online now for the first time, because they have less money and they are looking for ways to save money. A few years ago they were happy to buy from their local business / store, even if it meant paying more than what the product or service was being sold for on the Internet. This is an opportunity for certain types of online business.

    Another opportunity arises from the fact that there are many people looking to set up businesses online or educate themselves online - people who have lost their jobs and who now need another source of income. These people are also spending more online and visiting more online advertisers.

    I don't mean to suggest that it's easy, but there are opportunities.
     
    Fergal, Mar 2, 2010 IP
  14. haiwin

    haiwin Peon

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    #14
    I think recession is good opportunity for store owner online like me. in recession,people intend to buy products online to save some money
     
    haiwin, Mar 3, 2010 IP
  15. omarabid

    omarabid Well-Known Member

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    #15
    recession? I think it has already gone!
     
    omarabid, Mar 3, 2010 IP
  16. teckinik

    teckinik Peon

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    #16
    That depends on your attitude. I am still making money because I have positive attitude, so just change your attitude and you will see opportunities. Sorry if it look too vague but people who understand are people making money. So don't give a fug about these small issues.
     
    teckinik, Mar 3, 2010 IP
  17. tradester

    tradester Well-Known Member

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    #17
    Yes. These days with this bad economic recession, will make much much less and have to work few times harder. Just look around at DP and you will see truckloads of sellers chasing after one buyer. Definitely a buyer's market with buyers asking for discounts and letting those loads of sellers compete amongst themselves. But hell, it sure beats working for some big suited boss where your job description includes polishing the bosses backside. It is a brave new world in online business where you have to work and think hard to survive but at least you are your own boss and maintain your dignity- and yes you only have to polish your own backside :)
     
    tradester, Mar 3, 2010 IP
  18. carol.prime

    carol.prime Active Member

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    #18
    Definitely yes.
    You just need to be considerate. Lower down your price, provide some better package to offer.
    Make sure that your service is affordable with your clients.
     
    carol.prime, Mar 4, 2010 IP
  19. krispy

    krispy Peon

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    #19
    the recession is bad for internet maketers because many people started to use the internet as source of income because of the high unemployment and this means more competition
     
    krispy, Mar 6, 2010 IP
  20. omarabid

    omarabid Well-Known Member

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    #20
    more internet users mean new sources of income, just try to innovate instead of competing
     
    omarabid, Mar 6, 2010 IP