8 Recession-Proof Product & Service Ideas for Affiliates
Written by Rosalind Gardner on May 12, 2008 · Comments (16)
Filed Under Make Money Online, Affiliate Marketing ·
“Could this become the worst recession we have seen in the postwar period? I think the answer is yes”, Martin Feldstein, a Harvard University economist and the outgoing President of the National Bureau of Economic Research told attendees at the Futures Industry Association conference. Speaking at CFO Rising in Orlando, former IBM and Chrysler Corp. finance chief Jerry York predicted that the recession would be long, deep and ugly; the result of an economic “perfect storm” with few positive signs on the horizon.
As would be expected, those hit hardest by the current downturn are working people. Hundreds of thousands of borrowers were defaulting on their mortgage loans before the rates were adjusted to the higher levels. Subsequent to the subprime mortgage crisis, home prices collapsed in many markets where many with home loans now owe more than their homes are worth.
To make matters worse, recent job loss figures have been staggering. In stark contrast to its forecast increase of 25,000 jobs, the U.S. Labor Department reported a net loss of 63,000 jobs in February - the deepest cut in staffing in almost five years.
During uncertain financial times, people without jobs don’t spend money, while those who do have jobs tend to cut back on discretionary spending, postpone larger purchases or shorten their holiday buying lists – which doesn’t sound like a happy prospect for those of us who want to sell to them. Read the rest of the article
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Comments
16 Responses to “8 Recession-Proof Product & Service Ideas for Affiliates”
Stephen on May 13th, 2008 0:52 am
Ros, Derek Gehl recently commented that he will show those struggling to set up businesses that are sustainable how he does it from scratch with 4 presentations on video.I registered with his company which I picked up from your website within the time span.Unfortunately I have not seen his presentation. I have a few other problems on communications with this company. I bought Cory Rudls’ ” The Insider Secrets” plus other material from the company from time to time, so they have my support.
Can you assist as you appear to have the ear of Derek!
I enjoy your website.
Regards,
Stephen
[Reply]
Rosalind Gardner reply on Tuesday, May 13, 2008 6:40 am:
Derek’s videos are still available through this link.
You’ll have to supply your name and email address and it’ll take you directly to the first video.
As to contacting them, there is a 1-888 number via the Contact Us link on the homepage at MarketingTips.com
Cheers,
Ros
[Reply]
carolyn on May 13th, 2008 3:14 am
Other great affiliate items are small items that usually sell well in a down turned economy. Makeup sales rose approximately 5% in 2006 and eye makeup rose 6% in 2007. Eco Friendly natural makeup has made a big push in sales. You can find all sorts of organic products on the market, from lipsticks to conditioners. If you want to succeed in a recession, push small ticket items that lead to bigger sales generation. Small luxury items are also winners, from satin sheets and perfumes, to bath beads. Be trendy if you want to increase sales. Trends are marketable so find the products that fit in your niche!
[Reply]
Rosalind Gardner reply on Tuesday, May 13, 2008 6:41 am:
You’re absolutely right, there are definitely more products & services that do well during tough times and cosmetics is certainly one of them.
Thanks for sharing!
Ros
[Reply]
Jason Anthony on May 13th, 2008 3:38 am
Hey Ros,
Great article, especially with the “gloom and doom” that the media is preaching every day. I had just been thinking about this exact topic this morning driving into work. I was listening to the radio talk about how bad the housing market had gotten and how the economy was on shaky ground. Then after I arrived at work and sat down at my desk, I logged into me stats pages for my online dating accounts, and was immediately hit with a dose of “true” reality: Business is alive and well.
In fact, it’s booming! The reality is there are numerous online businesses that can sustain themselves during any economic situation, and online dating just happens to be one along with the many other areas you mentioned earlier.
Thanks for waving the flag for the affiliate marketing world. Business is alive and well as long as you have the patience and diligence to find out where it’s hiding.
Make it a great day!
Jason Anthony
[Reply]
Rosalind Gardner reply on Tuesday, May 13, 2008 6:43 am:
Your experience reminds me about what happened to my dating sites after 9/11.
Rather than lose business, it spiked. Goes to show you that people need people even more during tough or shaky times.
Cheers,
Ros
[Reply]
jerry on May 13th, 2008 5:39 am
dear Rosaland
At 78 yrs young I found the above website, this has been on TV its water4gas how during these times you can take 90 old technologey build your own unit cheap and increase your gas milaege to 50%
this is Easy to use. works with all Engines 100% safe /legal etc but go to the website for all your questions .
The manuals are available for sale and they pay 50% commission.
Also I will have kits availbable shortly for those who do not have time to but them to gether or find the parts. here the customer will be able to purchase the kits and have there car Machinics installed the unit,
any questions after reading the information on the web site please feel free to contact me.
In as much as I do not have a list I thought you would be glad to put this information in your newsletter. by the way there are over 12,800 cars and trucks using these units on the road today.
Bless you for all you do to help others earn a living
jerry beaudry
[Reply]
Ishtiaq Nasim reply on Wednesday, May 21, 2008 11:32 am:
Jerry,
What happened to the website? You forgot to mentioned in your comment or it was deleted when your comment was posted. Pls write the web add. Thanks
[Reply]
Dennis Edell on May 13th, 2008 8:03 am
Dang Ros, this rocks! I didn’t even realize those types of services HAD affiliate programs
What’s your secret to finding such things…if you can reveal
[Reply]
Rosalind Gardner reply on Wednesday, May 14, 2008 8:19 am:
No secrets… CJ, Linkshare, etc. …
Cheers,
Ros
[Reply]
5 Star Affiliate Marketing Forums on May 13th, 2008 9:30 am
Recession-Proof Affiliate Marketing Ideas…
Sorry, the looming recession is no laughing matter,
but I’ve been looking for an excuse to use this pic!
…
Alan on May 13th, 2008 9:42 am
How is the economy doing in Canada?
[Reply]
Rosalind Gardner reply on Wednesday, May 14, 2008 8:18 am:
Don’t get me started.
In a nutshell, we’re still very strong but now feeling the effects of the tanking U.S. economy.
As our dollar soars, manufacturing jobs (particularly in Ontario) are being lost by the tens of thousands.
Tourism, one of B.C.’s leading industries is feeling the pinch, as visits from the States are down due to the high dollar as well.
I’ve started to see a few ‘price reduced’ signs on homes for sale around town here in Penticton… one of the hottest markets in Canada (prices on par with Toronto’s). Wasn’t expecting that to happen until after the 2010 Olympics.
Much more to add, but as they say, “when the U.S. gets a cold, Canada gets the flu”.
I’m waiting for it…
Cheers,
Ros
[Reply]
Russ on May 13th, 2008 19:55 pm
I think these are some essentials. I will check out these and more. I have known there was going to be a slow down. I am thankful right now. However there is a light and it is not a train coming at you from the end of a tunnel. If you do things right.
[Reply]
Roy Phay on May 24th, 2008 11:33 am
Hi Rosalind,
Thank you for sharing your knowledge and experience! I’m always looking for ways to improve myself and I’m glad to have found your blog. Thank you for sharing with us.
Cheers,
Roy
[Reply]
sawya on May 31st, 2008 6:50 am
THANK YOU Ros, this was exactly what I was looking for.
[Reply]
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