Online Entrepreneurs Will Profit Through Recession

It’s hard to keep optimistic these days with talk of recession, tumbling stock markets, and overall uncertainty as we inch closer and closer to the election in November.  The uneasiness has left many companies fearing a repeat of the dot-com bust of 2000-2001.  But is there really need to worry?

As consumer spending slows down, people have a tendancy to cut out things they don’t need.   It sounds almost too simple.   The first to go are usually magazine subscriptions, whatever-of-the-month clubs, and giant purchases such as houses, cars and high-ticket items.

Next  comes the whole array of consumer goods.  TVs, computers, PDA’s,  until we finally get to extra-curricular activities.  Sporting games, tae kwon do, swimming lessons, movies (in theater), concerts, live theater – basically outside entertainment.

So where does that leave online entertainment?

Web Sites Using Google Adsense Will Thrive

The push is going to be to “save money and stay home” which means more than ever people will be looking online for their entertainment, information and socialization.  Facebook, MySpace and Youtube had better be prepared in terms of bandwidth and power that will hit exponentially.

Those who have been building content on the web for others to view free, while adding ad units such as Google Adsense will continue to prosper, even earning more money than before because of the new eyeballs hungry for content.   Remember the good old days where everybody had a fan site for their favorite actor, actress or show?   Those who kept up those sites will once again see their traffic levels increase.

If you have not monetized your hobby site, or even your business site, with Google Ads, do it now.

Your ability to fill the need for entertainment on the Internet is a precious and valuable resource that will enable you to ride out the slow economic times we are faced with.   There is a great opportunity awaiting those who are active in the space, some will take advantage of it.

Will you?

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