|
|
|
|
Are you wondering how to start an Internet based business? Some people have this misconception that you must have a lot of money in order to start a business.
While it may be true in the past, this is no longer true today especially with the presence of the Internet. Of course, the amount of money you need to spend will depend on the type of business you wish to pursue.
For example, if you want to start out by creating and selling your own product, you will probably need at least a few hundred dollars to start your business. But here's a good news. For business models like affiliate marketing and blogging, all you need is $30 per month to start.
To help you understand why $30 per month is all you need, we will discuss how money is being made on the Internet.
In order to make money, you need to make sales. This is the truth in every business. It doesn't matter whether you are talking about an online business or a offline business, sales is what you need in order to make money.
So, what do you have to sell?
Well, it can be anything. You can sell product, or you can sell services. In fact, if you are working for someone, you are already selling something. You are selling your service in exchange for your salary.
So, what do you sell on the Internet?
There is no way we can go into details in this article. However, we will just touch on the basics. You can either sell your own products/services, or you can sell other people's products/services in exchange for a commission.
If you are just starting out online, I recommend that you sell other people's products/services as this is the easier route to go. This is called affiliate marketing. The advantages of affiliate marketing is that there is no need for you to spend time and money creating your own products/services and there is no need for you to worry about customers support or how to collect payment.
Regardless of what you are selling, if you want to be sucessful, you will need 3 things. A domain name, a webhosting account and an autoresponder.
Here is the break down of the cost.
a) A Domain Name
$9 per year. For easy calculations, we will treat it as $1 per month.
|
|
