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So um . . .are we screwed?

Discussion in 'BlackHat Lounge' started by charliefromthachi, Oct 10, 2008.

  1. charliefromthachi

    charliefromthachi Registered Member

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    How will a stock market crash effect internet marketers?
     
  2. rudyvise

    rudyvise Jr. VIP Jr. VIP

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    We're just going to grab more faster!

    :D

     
  3. capflam

    capflam Junior Member

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    My income is divided by 5 since the market collapsed. I also see much less activity from search engines, but it depends on industries from -10% to -60%.
    Probably a combinaison of stock market crash and elections.

    I wonder if others see that as well.
     
  4. small_town_boy

    small_town_boy Power Member

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    I dunno, I think the situation must improve eventually. Only question - when.
     
  5. gifmore

    gifmore Regular Member

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    Consumer spending goes down, maybe?

    Average spend per purchase goes down, maybe?

    Frequency of purchase goes down, maybe?

    :) :) :)
     
  6. dogdog

    dogdog Regular Member

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    Recession every 10 years, it's the cycle. 2008 is the 11th years, so it's time. No surprise.
     
  7. patrick6411

    patrick6411 Regular Member

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    Yep!! Think outa the box. Hell here is an ideal learn credit repair and open a site charge monthly access to help them repair their credit. In tough times you have to adapt.
     
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  8. lewi

    lewi Jr. VIP Jr. VIP Premium Member

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    my income has cut down by 1/2 now

    because the dollar is literally worthless compared to the pound or the euro..... now for every pound i get $2
    so because i earn in $$$ when i convert it to pounds or euros i got fuck all... is good for buying stuff on the net but not for selling or receiving in
     
  9. blackhatgawd

    blackhatgawd BANNED BANNED

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    Learn to bird dog for real estate investors they will pay big bucks to find them deals its not that hard to do.
     
  10. Uptownbulker

    Uptownbulker BANNED BANNED

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    When the going gets tough, the smart get rich.......................

    How much of your hard-earned money to you want to GIVE away to the government when you don't have to?

    Do you prefer to pay 28% plus tax or maybe ZERO tax?

    Figure it out.
     
  11. darkmobius

    darkmobius Regular Member

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    if we can live through it and adapt, it should make us stronger :D
     
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  12. rambus

    rambus Newbie

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    I've been thru recessions before...it just realigns prices the way they should be and people have to work harder to make ends meet....
     
  13. Jimmyvee

    Jimmyvee Jr. VIP Jr. VIP Premium Member

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    It's a great time for internet marketers.....people are coming in droves to the internet looking "how to make money" and we'll tell them how..........for a price :)
     
  14. john14809

    john14809 Junior Member

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    I am in the states and the one thing that is concerning to me is affiliate marketing as it relates to the economy. In all likelihood the next admin will be very tax happy. When NY state imposed some sort of tax on internet marketers alot of affiliate networks barred NY state affiliates. My fear is that there will be a federal tax on affiliates and most affiliate networks will close down.
     
  15. cucr3

    cucr3 Regular Member

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    I agree with jimmyvee... People are going to be looking for alternative ways to supplement income, and anyone that has been on the fence about making money on the Internet will now say "what the hell, I'll try that program if $29.99 can make me $2,343,455.98..." I also have an aff program about how to make money on stocks, and take advantage of a down market. I am sure there is someone that would like to know how to do that. ;)

    And if there is any silver lining, oil is at its lowest price in one year. National average is at $3.35 and should be around $3 at the end of the month. :D
     
  16. Uptownbulker

    Uptownbulker BANNED BANNED

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    Well, so far, I love the "crash"!

    This very day I bought an '86 Mercedes-Benz, Model 190E 2.3 with only 80K miles for $400 USD.

    Why?

    The owner had been told that the fuel system was screwed up (Thank You, Mr. Dealer's Service Department!)and that the repairs would cost around $1K USD but I could tell when I started it that:

    (1) The fuel filter was plugged up.

    (2) That the gas was old and stale.

    (3) Spark plugs were fouled by the stale gas.

    I am not in the education business, so I just paid the guy and had it towed home.

    New filter, new gas, new plugs; runs fine. I'll spend another $200 or so in little BS stuff; oil change, coolant change, new thermostat, etc and cruise on down the Strasse!

    Stupid is as stupid does and panicky people are stupid.

    Don't panic!

    [​IMG]
     
  17. charliefromthachi

    charliefromthachi Registered Member

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    I wish you werent so cryptic. I know you give us jewels but it's hard to know what you're eluding to sometimes.

     
  18. Uptownbulker

    Uptownbulker BANNED BANNED

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    One way is right in front of you.......click my sig.
     
  19. The Scarlet Pimp

    The Scarlet Pimp Jr. VIP Jr. VIP Premium Member

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    it will likely depend on what you do. if your business is dependent on people who already
    have disposable income then yes, you *will* see a major drop in your income.

    on the other hand if your business caters to people who really need cash, then you will see
    a marked increase in your profits. this is a great time to promote money making ventures!

    as an example of opportunity coming out of hard times consider this... right after the 9/11
    disaster hit new york, many business owners began defaulting on their company mortgages
    due to fear of terrorist attacks.

    well, some savvy entrepreneurs began tracking down those defaulted mortgages and they
    brokered them to companies that specialize in buying "bad paper", aka "non-performing loans" and they made a quiet fortune. i learned about this after one of my old business
    partners told me that he was buying up a lot of "non-perf" biz notes out of new york.

    now that the current housing market is in the toilet, there is a real opportunity here to
    make a lot of money by brokering this bad paper to investors who buy this type of loan.

    believe it or don't, there are quite a few companies that buy defaulted mortgages and they
    will pay you a lot of money for bringing these notes to their attention. a classified ad in the
    newspapers could bring you a shed load of cash very quickly...
     
  20. patrick6411

    patrick6411 Regular Member

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    This is very true. Listen to what he is saying guys!!! There will be a lot of bad paper out there for the grabbing and selling!! Take advantage of it!!
     
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