How To Make Money In A Recession

Friday, February 6th, 2009 at 1:53 pm

The results for January 09 layoffs were released this morning with alarming numbers. For the first time since 1974, we have reached an unemployment rate of 7.6% with over 598,000 people getting laid off in the month of January. People are in a panic, businesses are standing paralyzed, afraid to make any moves, and the world is watching to see the Armageddon approach any day now.

The challenge with all of this panic and news is that everyone stops pursuing any other alternatives of survival, convinced that we have run out of options. The reality is that whether people are working or not, they still need to eat, a place to stay and a way to supply the mental and physical needs of their families. And if everyone gives up, we become the walking dead!

It is so important to take note that there are Millionaires being made right here, right now. People are taking advantage of opportunities that would not exist in a healthy economy. We must realize that this too shall pass and “We will survive this Recession!”

Now is the time to get creative and think about what industries are thriving in a down economy. One of the most favorable industries that are experiencing an unbelievable level of growth is “Internet Marketing”. My specialty is in this industry and I read up on the latest trends like a Wall Street Broker reads the Wall Street Journal. It is my job to know what trends are in and which ones are being phased out.

According to Entrepreneur.com, The Top 3 Trends to Watch are:

1. Business Coaching

2. Social Networking for Business

3. Alternative Fuels

Of the top 3, #1 & #2 are both Industries that are Internet Based Businesses. Now you might be wondering how Business Coaching can be internet based, so let me explain how.

Due to the changes of the economy, businesses are forced to cut down on overhead and find a way to make more money and generate more profits. Because marketing and advertising often takes about 25% of the company’s budget, aside from eliminating employees, the marketing and advertising budget is the first to go.

To find a strategic way to market with a smaller budget and retain more customers, guess where companies are turning??? That’s right; you guessed it, the Internet. And in order for them to be guided properly on how to develop their businesses online, guess who their calling??? Yep, you got it again…Business Coaches!

Now take a guess on where the Business Coaches are guiding their clients…….Wow, you’re so smart….Yep, to Social Networking. Why??? Because that’s where their customers are hanging out every day all day…

Now do you see how all of this ties together??? Great!

So my question for you is, do you see an opportunity in learning more about Internet Marketing, Social Media Marketing, Affiliate Marketing and Attraction Marketing??? Great, because these 4 components are what make up the Viral Marketing Concept.

If you are not taking the time out to learn how these Strategic Vehicles are creating more than E-harmony success stories, then you are sleeping on an opportunity for developing wealth!

Your Recession Riches lie within the confines of Internet Marketing, so I highly recommend you get started with learning this industry TODAY!

For more information and FREE TRAINING on the In’s and Out’s of Viral Marketing, Please sign up for our FREE VIRAL MARKETING BOOTCAMP NOW!

Nicole S. Cooper

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Tagged with: Affiliate Marketing • Business Coach • internet marketing • Millions • Recession • Rich • Social Media Marketing • viral marketing