The effect of Global Crisis to Online Business

During the first day and weeks of the news about the US economy recession, I ask one of my friends who is living in Canada if he is worrying about the current economy problem of US. And he answered me very confident that no, he is not worrying because the economy of Canada is strong and they will not be affected to the current US economy rescission.

To my surprise today when I visited his blog, he is now wondering or let’s say accepting the fact that the strong economy of Canada feel the global crisis. Read more detail about his latest post entitled “What’s Happening, Canadian Dollar?”.

I have also ask this question to other Internet Marketers, and most of them agreed that whether we like it or not the current financial global crisis will affect the online business. Maybe we are the last sector to be affected but surely we will feel the effect of the crisis sooner or later.

According to them, many websites and online business are making money by selling advertising space. Like adsense, and affiliate programs. When this big companies and advertiser cut their expenses in advertising many webmasters that making money from ads will lose their income.

There are already some internet marketer starting to complain, because their earnings from adsense is slowly dropping even do they are getting higher traffic and click but earnings is dropping. Maybe this is one sign of the effect of the financial crisis.

The first business to be affected in this problem are those sites or business that are providing free services who are making their income from offering paid Ads. One of the biggest group are free hosting providers.
(sumber:bayaw.com)

So what should we do? Like what I always heard from big names in Internet Marketing world, don’t put your eggs in one basket only. Try to find other ways to make money online.