Does Recession Affect Making Money Online?
The easy answer is yes, our current recession affects everything with money involved, except the money you make on iMobsters haha. BUT not necessarily in a negative way. It all depends on how you make your money online. MMO beginners or not it's all about tactic. Some mmo entrepreneurs actually have seen an increase in online profits due to the recession while others have gone out of biz.
In a recession people become instantly start thinking in different terms about money, its value changes. People are looking for products with quality or added value of some sort. They are also looking for the best deal and where better to get it than online?
Capitalizing on the current psychology of the nation and offering reasonable prices can boost your sales online. Aside from selling products online, there are the mmo bloggers who make money from ads, affiliate programs, and my fav-adsense.
Affiliate programs are not performing as well during the recession as its counterparts are like adsense which doesn't require anyone to buy anything-huge money advantage during the recession. This is not to say that all affiliate programs are suffering there are those who are thriving but only for the few at the top of the SERPs.
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