subject: How To Make Money On The Internet With A Shoestring Budget Or Even Nothing [print this page] Even though building an online business is considerably less expensive than running an equivalent bricks-and-mortar business, the simple truth is that many people starting out do not have a great deal of money to invest in the beginning. If you are one of those people, keep reading this article because having little to no money is not something that should deter you from building a thriving online business.
Now let me just say that if you do have some kind of budget for your internet marketing business, be sure to invest in not only building it faster, but also in your online education. With knowledge and experience, you will make smarter decisions and be in a position to make money more quickly over time. With that said, here are 5 key steps to making an income online without having to fall out with your bank manager.
1) Promote Products As An Affiliate - Now obviously if you don't have a great deal of money, you won't already have developed your own product. In order to make money on the internet a transaction needs to occur. This can be a product that is sold or a service being offered that is of value to a client. In this example, I recommend that you promote other merchants products as an affiliate. As you do this, however, always be mindful of the fact that in the future you will want to create your own profitable products. Promoting products as an affiliate marketer is a great way to make an income on the internet without having to pay out money upfront for product development.
2) Start Your Own Website - This usually involves purchasing your own domain name and getting inexpensive web hosting. Typically this will cost around $10 for the domain name and around $10 for a month of hosting. If you can't afford this investment, you can get started with free platforms in the beginning but be aware of the fact that they often provide this service in exchange for running ads on the virtual real estate they are effectively providing you with. Although it appears that there is no cost, you are still paying a price in terms of visitors that may get funnelled away from your site by these advertisements.
3) Use an Auto Responder - There are companies out there that have free versions available. Again, the price you pay is that they will usually contain advertisements. Be sure to invest and upgrade to a paid service at the earliest opportunity, it will pay dividends for you and your business over time.
4) Become Good at Writing Emails and Web Copy - Now this is going to take time and it certainly doesn't happen overnight, but by doing a little studying on this topic and seeing how the top marketers out there write emails and web copy, you can get a good feel for how to write so you engage and connect with your audience.
5) Dogged Persistence Is Mandatory - This is where you have to get fired up and stay that way if you want to succeed. You won't have a boss breathing down your neck so you need to be accountable to yourself and stay motivated. Write down a plan of action and stick to it no matter what. When you start making money online, re-invest by getting the right tools and education to exponentially grow your business. When you see money starting to come into your account, that isn't the time to rush out and celebrate or buy a flashy new vehicle that will impress your neighbors. A little sacrifice in the early days will ensure you reap huge rewards later so keep your eye firmly on the big picture and you will do well.
