Question by Chris K.: How can my online business survive the economic downturn?
I ran an online business. My business was hit by the economy and I am looking for some help, any kind of advise will be great, like how to get more traffic to my website, etc.
Answer by Annon
Think of yourself as a consumer, are your products necessary or do they add value directly ? Are you competitive with other businesses can you provide offers to give you a larger stock turn over to enable your brand to become more wide spread. How is your market penetration (Ie what % of people coming to your site purchase from it ?) …
Really you’ve asked a very complex question in a general way. I know people payed well over 50k per year to answer these very questions for the business paying them. Find someone who specialises in your market area and get their help but don’t hand your precious cash over to someone you haven’t checked out first or to one of those “I’ll make you $ 1000/hr” companies. Every business can get through its just a matter of what lengths they are willing to go to.
Add your own answer in the comments!