With talk of a recession looming as of late, you are probably wondering how can I make money during a recession? The last recession of 2007 to 2009 was a bad one. Many people lost their jobs or were laid off leaving them wondering what they could do to make money.
Some of those people just scrounged and scraped until the economy got better and many just gave up looking for a job altogether. It sucks having to rely on a company to provide for your well being and finances.
Past Recession Statistics
According to the National Bureau of Economic Research ( the official US bureau that keeps track of recession statistics) explains that there have been 10 United States recessions since 1948.
This doesn't seem like many in that long period of time but the last one ended in June of 2009. If we are talking about having another one soon that's only been 10 years or so, which to me is not much time between recessions. People have just started getting over the last one!
The definition of a recession is as follows:
The NBER does not define a recession in terms of two consecutive quarters of decline in real GDP. Rather, a recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. For more information, see the latest announcement from the NBER's Business Cycle Dating Committee, dated 9/20/10.
Source:
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- National Bureau of Economic Research, Inc. 1050 Massachusetts Avenue Cambridge MA 02138 USA
617-868-3900
I don’t know about you but this round of recession at least I think is going to be much worse. I hope not but talk has been for years that the United States economy is going to collapse. That it’s been held up artificially for years. The collapse will eventually come. It's just a matter of how bad and when?
Loss of a Job Can Be Devastating
You work for a company for years and all of a sudden the economy goes bad and you lose everything you have worked so hard for. You lose your job or get laid off. It doesn’t have to be that way.
There are ways to make money online even during a recession. The best time would be now before the recession starts so that you are set and ready when and if a recession hits.
I’m talking about starting an online business in affiliate marketing. Affiliate marketing is a legitimate way to make money online. I know that affiliate marketing has been given a bad rap in the last few years. People saying you can’t make money doing affiliate marketing. The people who have said that are those that tried it and quit too soon before they even have given it a chance.
I'M CORY
Make Real Money Online! I Can Show You How With Affiliate Marketing.
It's Not Get Rich Quick
You see affiliate marketing is NOT a get rich quick sort of thing. Starting an affiliate marketing business does take work and time just like any other business out there. But unlike other business models like a brick and mortar type business affiliate marketing had no inventory, overhead or high start-up costs.
If your interested in starting your own affiliate marketing business keep reading. I will explain what you need to get started and how you can get your own online business started in little time and for little cost. When you have the right tools and information, running your own online business is not that difficult to get started and grow!
How Affiliate Marketing Works
To begin I will explain how affiliate marketing works and what you can expect being an affiliate marketer and owning an online business. What you do is you promote other companies' products and or services using what are called “referral links” or “affiliate links”. You put these links on your web pages through advertisements or in product reviews that you would publish to your website.
When someone visits your website and clicks on the affiliate link that you provide they are taken to the companies web page where the product is being sold. Then if the person buys the product or service on that page you get paid a commission. The commissions vary from company to company. Most affiliate programs pay a commission of 1% up to 75%.
What You Need To Get Started
Like I said earlier it’s not hard to get started if you have the right tools and information. Here’s what you need:
- Pick a Niche
- Build a Website
- Hosting For the Website
- Join Affiliate Program
- Promote Your Website Organically by Learning Search Engine Optimization (SEO)
Picking a Niche
First, you pick a niche. A niche is a subsection of a bigger industry or category such as outdoors, sports, electronics, cooking. You want to think of something that you are passionate about like a hobby or favorite pastime because you will be starting a business out of it. Sound like fun? It is.
I love building websites about things I enjoy to do and make money from them. One of the best parts of having your own affiliate marketing business is that you can make money if there is a recession going or not.
People are always online buying. When you are shown just how to leverage those people and provide them with a product or service that will solve their problem or need there's no better feeling.
It’s a win-win for you and for your customers. We as the affiliate marketers help solve our customers' problems by providing them with goods and services that help fix those problems. People search online to find answers to issues that they have and we provide solutions.
Building a Website
Twenty years ago building a website was much more complicated then it is today. You use to have to know coding which is basically computer language. Also, you needed to know the technical side of website building. Today it's a totally different ball game and much easier to accomplish.
In this day and age of the internet, it hasn’t ever been easier to build a website. Just a few clicks and WALA you have the basic structure of a website ready for you to fill it full of content that will make you money.
Some people think website building is difficult. It’s not anymore. All the coding and themes are done for you. All you have to do is pick a domain name, pick a theme and push go.
Website Hosting
You will need web hosting for your website. A fast secure website is essential to have a successful online business. I have just the place for you to host your website on some of the fastest servers around and they are secured so your site will be trusted.
Your website is the hub of your online business so top-notch web hosting is a must. The hosting I have in mind has 24/7/365 support. If you have any issues technically with your website you will have answers within minutes and I mean minutes. I will explain where you can get all of this at the end of the article.
The web hosting I have for my websites has the best support. The other day I had a huge technical issue and within 5 minutes the support team responded to my problem. And within 20 minutes they had it fixed! My website had been totally down and they got it up and running within that short period of time. Now that’s fast and incredible support you just don’t find everywhere.
Join Affiliate Programs
Joining an affiliate program so that you can get paid from your website is easy as well. There are thousands of affiliate programs for just about anything that is sold. So no matter what niche you pick there will be a program that you can make money from.
Amazon Associates program is a good one because they have millions of products that you can sell on your website. If you're worried about finding products for your niche don’t, there’s an affiliate program for it.
Wealthy Affiliate the program that I use to run my online businesses has a feature that let’s you search for affiliate programs by niche. There are thousands of affiliate programs you can find right there on their website.
If They Find You They Will Come
Once you have your niche picked out, a website up and running you will need to get traffic to it so you can make sales. How do you do that? You may ask. By writing quality content and do SEO or search engine optimization so that your website will rank on the first page of the search engines.
With SEO you essentially optimize the content of the pages you will be creating so that the search engines like Google, Bing, and Yahoo rank your pages on the first page of the search results. You are taught all of this in the program that I’m about to introduce to you.
SEO is not that difficult if you know what you are doing. Once you can rank on the first pages of the search engine the skies the limit for how much traffic and sales that you can receive. You will learn how big companies do SEO so you will be able to compete in the big leagues.
Introducing Wealthy Affiliate
There is a program that includes everything needed to start an affiliate marketing online business. You will get help for everything from:
Picking a Niche
Building Your Website
Web Hosting
Finding an Affiliate Program
Learning SEO
And much much more! The program is called Wealthy Affiliate. This is a great online community and business hub that I call home for my online businesses. They have everything and anything you need to start and run a successful online business from home.
Live Training Webinars Every Friday Night!
Wealthy Affiliate offers the best online affiliate marketing training around. There is a live training webinar every Friday night. It’s hosted by Wealthy Affiliate very own training coach Jay Neil. You will learn more than you can imagine in such a short period of time just from these live webinars.
And if you happen to miss a webinar no need to worry they are all recorded so you can watch them anytime day or night! There are hundreds of hours of video training available. Everything from SEO to niche website building to technical training. These videos alone are a valuable asset to have on your side.
There are hundreds of online business courses you can utilize for everything that has to do with internet marketing and online business. There are over 100,000 people just like you are building their own online business and doing what they love.
Recession? No Problem!
No need to worry about a recession once you have a profitable online business. You can make money during a recession and not have to worry about losing your job. If you want to get started today you can. I will even help you in the community. And you can test drive Wealthy Affiliate for FREE!
Yes, I said Free. You get a whole week to try Wealthy Affiliate out with all the bells and whistles. If you want to stay as a starter referral for free after the first week that’s fine too. Wealthy Affiliate is great for free or for the premium upgrade. Either way, you get so much from this community. You have to try it out for yourself to believe it.
Like I said if you want to try it out I will help you with everything personally inside the community when you join. Let me help you get your affiliate marketing business started today! Interested? If so Great…
Selling products is a great way to make a passive income for the years to come. You can start selling almost anything you want, including diapers or food. To be successful in this business, you need to inform yourself very well on how to run a business online.
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A hot topic today, especially in the US and Canada, are high college prices. If you want to help students save money when applying for college and you know how college paperwork goes, you can create your own business as a college consultant. You can do it all online, without leaving the comfort of your couch.
The audiobook industry is growing like crazy. Last year alone, it expanded by more than 40%. Sites like Audible.com, Apple Books or Audiobooks.com are experiencing a surge in traffic like never before. The demand is definitely there since people have less and less time to read books on their Kindles. Thus, they prefer to listen to books while commuting or while running on the treadmill.
Lastly, this is probably the hottest online business idea in 2019. If you get to the point of being famous on YouTube and you have over 1 million fans and thousands of views on your live streams, then you are probably making over $10k a month, at a minimum. Whether it’s YouTube, Twitch or Instagram, social media influencers make millions from social media.
If you are ready, a Wealthy Affiliate is the best platform to use to start an online business in affiliate marketing. Turn that passion of yours into a profit and get on the road to financial freedom and time to enjoy whatever you want and when you want.
