How to Start an Online Business With Little Money – Part 1


How to Start an Online Business With Little Money – Part 1

How to Start an Online Business With Little Money – Part 1
By Matt Bacak

Not having a lot of money to start an online business should not limit you to venturing out on your own. Although you do need some money upfront, it’s a fairly small investment that won’t break your bank account. So, what exactly do you need to get your online business up and running fairly quickly?

Well, you’ll need to have your market in mind and plan what you want to have for sale on your website. You also want to have a clear idea as to the information that you’re going to make available on your website. You’ll need to do this prior to purchasing your domain name because you’ll want your domain name to be made up of keywords related to your niche, as well as the products and information your making available on your website. For example, if you sell golf clubs and golf equipment to young rich female players, you may want a name that not only has the keywords of the products you’re selling, but also helps brand your site while targeting your niche audience. You get a sense of who your target market is while knowing what’s offered on your site prior to even going there.

Next you’ll need a hosting account. You need to make your site visible on the web so you’ll need to purchase a monthly hosting package. One word of advice, never build your site or try to make money online using a free hosting account. You’re building a business that could potentially do very well in the future. You don’t want to risk losing everything by hosting it on a free account. Invest a little money monthly because you’re building a business not a hobby site.

Your domain is usually a yearly fee that can be in the price range of $2 – $15 for one year. And hosting can range from $3 up to around $14.99 per month. It really depends on the company you use and what offers and discounts they are making available at any given time. But going with a company is pretty simple especially if you’re just starting out. You can purchase both your domain and monthly hosting package from them.

After you have your domain and hosting packages you can begin to design your website. Of course you can outsource the designing as this will ease the pressures of having to do it yourself. However, if you’re on a tight budget and don’t have the funds to hire someone, you can do it yourself. But that would also mean that you’ll be doing your own copywriting as well. So, look online for some good resources to help you with your sales page. You can also complement that by reading my article titled: Evaluating Your Sales Letter. That will give you a breakdown of the components necessary for writing a good sales letter.

Also, if you’re a member of my monthly membership program, you can also access some resources there. But practicing your craft and doing it yourself can work to your advantage. Not only will you be able to duplicate the process again for your next project, but you’ll also be making yourself more marketable and could also offer your services doing it for others. That’s a great way to combine new skills a knowledge base with good returns.

In part 2 of this article series, I’ll share exactly what web editor you should use to build your website. But guess what, it’s free! So, if you’re on a limited budget and have limited web design skills, no worries this is one of the easiest tools to use.

There are many strategies to making money on the internet, but nothing makes sense unless you have a big list. Email Marketing is the most profitable way to make money on the internet. When you build a list of hot and hungry prospects you control your future. Discover how to use the internet and turn your computer into a cash gushing machine. Sign-up right now for Matt Bacak’s FREE online newsletter to find out how to do exactly that – Go here: http://www.promotingtips.com.

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