Cost Of An Internet Business…… Start Up

start up cost for your business need to have a light on thatIn today’s online world, the cost of an internet business has to be taking into consideration, especially when there are so many scams online.

Starting an online business is easy to do, and you do not need a lot of money to get started. If you join a home business opportunity you will have the cost of the program to get started.

I feel you should view this as your product and do several other things on your own that will have small costs associated with them.

In this article, we will talk about the cost of an Internet business star-tup in a very affordable way.

You only need a handful of Internet tools to get your business off the ground. The cost of these is within the reach of anyone who seriously wants to start their own business online.

This is especially true if you join a business opportunity where your products and marketing tools are handed to you. This doesn’t mean you should use them directly as I will explain.

So what tools do you need and what are the start-up costs?

Hosting

When you join an MLM business or an affiliate program, the company you join will give you multiple websites that are coded with your identification number. You can promote these and they often include sales pages and landing pages.

You are better off to set up your own website using a blog as your primary website. Arrange to host with a top hosting site such as Go Daddy, Blue Host, or Host Gator.

This allows you to promote your own content first before passing your visitors through to your company provided sales pages.

Everybody else will be using what is known as a replicated website. All of these websites are exactly the same with the exception of the internal coding that identifies you for record-keeping purposes.

Hosting will run you as low as $4 a month to $8 a month at Go Daddy.

WordPress Theme

Use a WordPress theme for your blog and try and pick one that aligns with the theme your business is in. There are thousands of WordPress themes to choose from so this is easy to do.

Be sure that the theme you pick is responsive. This just means it adjusts automatically to the size of the screen it is being viewed on.

As more and more people access the Internet on their smartphone or tablet this is an important point. Plus Google tells us they will only rank responsive websites in their organic search results, so you may as well be on board with this from the beginning.

You can buy access to high-quality WordPress themes at Elegant Themes for as low as $69 a year for one or a one-time payment of $249 for access to all themes.

You can also find free responsive themes at WordPress Themes.

Autoresponder

One tool that is worth it for every online business is an autoresponder. This is a place to store contact information of your prospects so you can follow up with them via email.

Aweber is the most popular autoresponder and the one most of the big gurus in the home business and MLM niches are using. For less than $20 a month you can build your own email list.

helping others with their online business

Blog Content

This is a cost only in the time it takes you to write articles and create videos for your blog. Here is what you need to understand in terms of starting your Internet business.

Blogging is a long-term commitment that separates you from your competitors who are using only the replicated website provided for them by the affiliate merchant or network marketing company.

If you choose to hire someone to create your content you can do that. That is what I do when you hire me as your freelance blog writer.

As your blog grows your content becomes a source for website traffic. I write a lot about how that happens on my blog here in terms of search engine optimization, targeting keywords, and so on.

Your blog content becomes a form of marketing. This is done primarily in two forms.

1. Articles
2. Videos

Because Google owns YouTube it’s a good idea to create videos yourself and publish them on your own YouTube channel. I can help you with that or suggest you join Animoto and use their service to create your videos and publish them online.

Social Media

How important is social media to an Internet business startup? This really is the primary way to promote your business online.

It’s important that you, or someone in your new business, are active in social media. If you just focus on the basics by setting up accounts on Google Plus, Facebook, and Twitter. I like LinkedIn for a business social network. Start with these and you will be off to a good start.

Bookmarking a blog post into your social accounts just takes a couple of minutes to do. There are tools to automate the process and that is something you can get into at a later time. You don’t need to worry about this is a start-up expense right now.

building your business from home, you need to take a break at times.

 

The Strategy

Most people who start a home business will just use the tools given to them by the company they join. This can work just fine for people who want to do paid advertising.

In terms of building a long-term business online, you are better off to set up your own blog and use it as a website. Drive traffic to it, and when they get there to capture their name and email address in your autoresponder.

Then follow up with these people by email every time you make a new blog post. Provide useful information that helps them solve problems they have.

In many cases, the problem they have are ways to make money and your business opportunity is perfect for this. However, you don’t want to push that on them too quickly.

You don’t have to do that once you have their contact information because you can follow up with them as many times in the future as you want to. This is true because they have given you permission to contact them when they joined your email list.

Finally be sure and promote your blog posts in your social accounts. Over time people will share your blog and social bookmarks for you which is free advertising!

Summary

If you are willing to write and market your own content you can set up a blog and promote it for less than $1 a day. As you begin to make money I would suggest you reinvest some of your profits into automating your business.

Hire a blog writer to write and publish your content for you. You can spend 90% of your time on marketing and build your business that way!

Related Video: How To Get Started In An Internet Business

 

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Get Started Today For Free And Meet Me Inside.

Please leave your question or comment below, I would love to get your feedback.

 

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6 Comments

  1. Anthony Little

    Your article has mentioned some great helpful tip on the cost of starting an internet business. In many cases for beginners, it can be expensive for their budget. I liked that you have mention three key factors that you need to get started. Hosting, Website Theme, Autoresponders, Content and Social Media. All of these are very important for figuring the cost of starting an internet business. The best thing you state is getting started with Wealthy Affiliate. This is the best investment for Seasonal bloggers and beginner bloggers. Great article thanks so much.

    • Bishop

      Anthony, Wealthy Affiliate has thought me so much, and I personally believe that it can do the same for others. There are key factors for starting an online business and the cost bis one of them. Great that you see my view and agree with me. Take care.

  2. titoze

    Hi Bishop!
    Congrats for a great article. You discussed a very important aspect that scares a lot of aspiring entrepreneurs from starting their own online store. High cost for starting and running online business has been a headache for quite a long time and your post will help a good number of online marketers to find the way to reduce costs for their business. Keep up the good job you are doing.
    Regard.

    • Bishop

      Titoze, thank you for the comment and kind words. My intentions was to let others be aware, and what they should do to help in this area. Affiliate marketing has proven to be the best approach. It is working for me, and I know it will do the same for others if they apply the training that Wealthy Affiliate offers. Glad that you see my point here. If I can help in anyway please feel free to get in touch with me. I take this business seriously and I will do whatever it takes to see others have the same success.Talk to you soon.

  3. dreamgirl93

    Hi David,
    Fortunately starting an online business doesn’t include so higher costs as an offline business does. This gives the opportunity to every hard working person to get started, even if they are broke college students or people struggling to make it paycheck to paycheck.
    One thing that I wanted to point out is that you don’t necessary need an autoresponder to make money with your business, I am making money from my blogs and I don’t use email marketing.

    • Bishop

      I would agree with you that the startup cost on online businesses are much lower that offline businesses. And yes, it do give everyone the opportunity. Yes you can make money without email marketing but not using email marketing you are leaving money on the table for others.

      Building a list will turn out in the future to be your best traffic source. So please consider. Thank you for the comment and insights. Talk to you soon.

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