Many online business ideas require some level of financial investment to get them started. The level that you pitch in will be determined by your budget and the potential of your online money making machine.
There are however good and affordable online success methods that can be started up on a shoe string budget. Imagine that you have a budget of $100 (50) to start your own first online business. Where would you spend this and why?
You need to research a theme or niche that your website will focus on. You can use a number of tools online and many of them have free versions. I used wordtracker free version to start with but now have the full program. So do your research to find a niche that has people looking for answers.
Then you need to find a product to sell to your niche. I recommend that you produce your own product in the form of an ebook that speaks to the needs of your niche. You can convert it to a pdf document for downloading using one of the free pdf converters.
Once you have your product you can create a sales page that sells your newly produced ebook. To host I would use the free blogging tool at blogger. The sites are easy to mange and you can set it up in minutes,
To take payments you can use a buy now button from paypal. If you do not have an account it is free to set up and in the merchant services section you can prepare your buy now button.
So you have managed to find your niche. You also have a new product to sell. The sales page is set up on blogger and you have a way of receiving your payments. The only problem is that you still haven't spent your budget of $100. What to do eh?
You can learn more about how to create an online business without money by visiting our make free online money blog which is also a free blog. You will find 3 more ways there to make money online
I started my blog 18 months ago as an effort to increase communications with my staff but very quickly realized the power of it with my customers and my suppliers. Now I consider my blog to be an integral part of my marketing efforts.
As an active blogger I have come up with seven reasons blogging should be part of any marketing program.
1. Blogs increase communication Anytime you increase communication, you increase profile and sales.
2. Although blogs have been around for awhile, they are still new and topical. People who see that you have a blog will think you are more leading edge. Even if you do not sell technology products, it helps.
3. Owning a blog is like owning a media. Similar to a newspaper, magazine, or a radio station. The advantage of owning a media is that you can say whatever you want where all other media tend to filter what you have to say.
4. You noticed that I said a blog should only part of a marketing program. Blogs on their own tend not to get much readership, rather they have to be crossed promoted so you need to put it on your email tag line, your website, your business cards, etc. People who see your blog address in another media are likely to come to it.
5. Blogging like writing tends to make you an expert. People tend to believe what they read. For this reason you dont want your blog to be totally self-promotional. Add value. Provide information that helps your customer, amuses them, teaches them etc.
6. A blog should have an angle. People dont want to log on and hear some promotional material about you and your company. They want to hear something that is a bit edgy, interesting, humorous, and resonates with them. Although you own a media, you still are in competition with all of the other media available. In my case, I have chosen Time Leadership/CEO as the title of my blog and I blog about personal self-development with a focus on time management and efficiency.
7. Blogging will often get picked up by other media and this added press can help you sell. For example, because I blog I have been featured twice in the Globe and Mail and once in Forbes magazine, as well I have been in our industry trade journals. I have also had many speaking engagements as a direct result of my blog.
Blogging doesnt need to be technically intimidating. Anyone can set up a blog in five minutes. My suggestion is to get an experienced blogger to show you how to start. Or ask your kids.
Blogging is not for everyone. If you want to blog, you need to be willing to dedicate some time and you must enjoy writing. Because I blog about efficiency, I spend a lot of time focusing on my blogging efficiency and I spend less than 20 minutes on each of my blog entries. I do four or five a week; so I spend less than two hours a week on my blog.
I have received some direct sales as a result of my blog. I know from the feedback I have received that many of my customers and suppliers read it.
Blogging is one part of the marketing program.
Jim Estill started his business from the trunk of his car and grew into to $375 Million in sales before selling it to SYNNEX. He is now CEO of SYNNEX Canada a $1 Billion computer wholesaler. he is a regular blogger at http://jimestill.com.
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With the Internet, there are many private chat rooms with self-help manuals available online to provide psychological help to compulsive gamblers who want to beat their addiction. With a search engine, compulsive gamblers can easily find treatment that best fits their position.
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