Starting your online business on a shoestring? You're not alone. Many people do, but they don't always know how best to allocate such a small amount of resources where they'll receive the best benefit.
So, here's my suggestion. If I had only $100 to begin my online enterprise, this is how I would do it. The following scenario is based on the premise that you've completed all of your background work for starting your online business, including:
You know what business you want to establish
You have a business plan (even if it's handwritten on a legal pad)
You've identified and researched your market
You've researched and selected your keywords and keyword phrases
And you have produced (or in the case of affiliate marketing, selected) your product or service
Having completed those initial steps, here's what I would do:
Purchase a domain name $8.99
Purchase hosting services for at least 90 days $20.97
(These prices are based on GoDaddy's fee schedule. We love GoDaddy.com!)
Obtain a website template $0
(Although it's nice to have a customized site, many nice templates are available for free)
Write 3 niche articles to be posted on the website $0
Purchase 3 additional, well-written, original niche articles for submission to EzineArticles.com and/or GoArticles.com (This will get the site quickly indexed by Google and provide initial backlinks)
3 x $13 = $39) $39
Use the remaining $31 to purchase traffic through Google Adwords, being careful to pay no more than 10 cents per keyword or phrase (This will provide at least 310 initial targeted visitors) $31
Total $99.96
That's my 2 cents, er $99.96 worth for today :)
Thursday, September 20, 2007
Internet Marketing - If I Had $100....
Posted by
Kimberly Clay
at
Thursday, September 20, 2007
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