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ISIPP News: Email Industries Flourishing Despite Economic Gloom
"EMAIL INDUSTRIES FLOURISHING DESPITE ECONOMIC GLOOM," SAYS INTERNET INSTITUTE
Online Email Marketing and Related Businesses See Growth and Increased Profits with No End in Sight
SANTA CLARA, CA and BOULDER, CO - December 15, 2008 - The Institute for Social
Internet Public Policy (ISIPP) has seen an almost explosive growth in email
marketing and related industries despite a full-blown recession and an uncertain
future for some of the world's largest industries such as the auto industry,
mortgage companies and lenders, wireless companies, and even some Internet
Service Providers. While there are Internet Service Providers who are also
experiencing economic contraction and layoffs, according to recent CareerBuilder
data, cyberspace continues to expand and in turn, booming alternatives are
experiencing rapid employment growth.
"What we're seeing is that the email industries are exploding with growth. In
fact many companies are actually hiring. We've been saying all along that the
Internet industries would be the growth industries in the next economic cycle,
and it makes sense," says Anne P. Mitchell, CEO of the Institute for Social
Internet Public Policy (ISIPP).
While email marketing and related industries have already grown tremendously in
popularity and sophistication over the years, this is not the only reason these
industries seem immune to the perils of recession. The proactive business
practices of certain types of companies in these industries have naturally
immunized them, and made them essentially recession-proof.
"The Internet companies that we are seeing that are doing very well are the ones
who have taken no outside venture capital or other investments, and have been
kept private. They are lean, and light on their feet, and so in every way are
able to respond to the changing economy and market demands," says Mitchell.
Internet businesses are not only showing impressive growth, even for what would
be considered "good" economic times, but many are so busy that they have been
hiring at an unusually rapid pace. John Brogan, whose Global Intellisystems
sends out email on behalf of companies such as Garden Center News, Cruise
Division, and many Fortune 500 companies says, "While it's true that the economy
is generally hurting, that sure doesn't seem to be the case for Internet
businesses. We're so busy right now that I'm having to hire on more staff just
to handle the influx!"
Dave Taylor, noteworthy Blogging Consultant and Founder of Intuitive Systems
says, "While for many the economy may be dropping like a lead weight, thanks to
my business being built on the Internet, I'm not only floating, I'm moving into
the best period of the year, with a visible uptick in both traffic and revenue."
Even for those non-Internet, or non-privately held businesses that are managing
to avoid wide-scale layoffs, their employees are still feeling the
pinch. Massive cutbacks in benefits, hours, bonuses, and even average office
perks like coffee and bagels have left many employees wondering if they would be
better off taking a gamble on a career-switch.
This is not the case for Randy Cassingham, author of the best-selling Stella
Awards, and publisher of the popular online newsletter, This is True. "We're so
busy at ThisIsTrue.com that we've not only had to hire more staff, but we'll be
paying out a year-end bonus for the increase to our bottom line. And, since the
recession was officially declared, we've had an upswing in ad sales too," said
Cassingham.
According to Leo Notenboom, founder of the popular tech site Ask-Leo.com, "Both
traffic and revenue continue at such a steady growth that even though I keep
expecting it, so far seems unaffected by the state of the economy - business is
good."
"Our Internet business is prospering more than ever," says Joel Comm, CEO of
InfoMedia, Inc., a Loveland, CO new media firm. "I've never seen so much
opportunity to enter the marketplace by embracing the online world. Creativity
and innovation are a must, but the rewards are both immediate and significant."
Shawn Collins, who runs the popular industry trade show, Affiliate Summit
, said that "Business has been amazing, and we're continuing to grow. In fact for our
upcoming January 2009 Affilliate Summit, the exhibit hall is 17% bigger than for
2008, and our attendee registration numbers are up 10%!"
And Derek Scruggs, Vice President of Sales and Business Development, SurveyGizmo, exclaimed
"We're rocking! We've had record revenue each of the last three months, and an
overall growth this year of nearly 700%!"
Concluded Peter Shankman, founder of the incredibly successful newly-founded
Internet business HARO (Help a Reporter Out), "Having just won the Mashable 2008
Open Web Award in the social news category is a testament to the power of
something as old-school as email. To be able to change the playing field of how
news sources are found whule making a living at it shows the true ability of
good ideas to thrive online."
About the Institute for Social Internet Public Policy
The Institute for Social Internet Public Policy (ISIPP) consults to both the
public and private sector on Internet issues in general, and email issues in
particular. ISIPP's widely acclaimed email deliverability and accreditation
service, SuretyMail, currently helps more than 1.7 billion emails a month get
delivered to the inbox and avoid the junk folder.
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