Have to Spend Money to Earn Money
You Have to Spend Money to Earn Money
It surprises me that many people fail to grasp this concept as
they first set out to start their own businesses. Thanks to the
power of the Internet, anyone who has a computer and an Internet
connection can now START their own online businesses with little
investment. However, generally speaking, it is a given that you
have to invest money into your business to if you seriously want
it to grow.
Affiliate marketing is a great way for ordinary
people to start making money on the Internet. After finding an affiliate
program that offers products you are interested in promoting, you
can start an online business with just a website. So your total
investment up to this point may simply be registering for a domain
name and paying for a web hosting account.
But then what? You have to start marketing the products and getting
people to your website! A lot of people are turned off when they
discover that this is a demanding process that requires a substantial
amount of hard work, time, AND money!
Let me give you a specific example. As all experienced Internet
marketers know, "the money is in the list." Simply put,
you want to build a mailing list of people who may be interested
in what you have to offer.
One of the most effective ways to grow your mailing list is to
use a pay-per-lead service where you PAY a company to bring targeted
subscribers to you. The company will run an advertising campaign
for you and deliver motivated, opt-in subscribers to your list.
The cost can vary greatly depending on the information you require.
The e-mail lead packages I have been using recently range from $.10
to $.35 per lead.
The best lead provider I have used is TrafficOasis. It provides
targeted leads that are fresh, NON-SHARED, responsive, and affordable.
If you who like to know more, check out its website: http://www.trafficoasis.com/index.php?118787
Other areas where you MAY want to invest money in include: logo
design, web design, web promotion, and useful tools such as a graphics
editor and a powerful autoresponder. However, there are plenty of
free resources on the Internet and I encourage you to seek them
The saying, "You have to spend money to earn money,"
generally holds true for ANY business! An Internet-based business
is no exception,whether your are promoting your own products or
It is also important that you re-invest a portion of your profits
into your business! That way, not only will your business continue
to grow, but its GROWTH RATE will also increase! This in turn brings
in MORE profits, which allows you to invest MORE into your business...
Do you see a pattern!?
The key is to invest money into your business wisely while staying
within your budget. If you believe in your business, you are bound
to be successful!
To Your Success! Byron Wong
About the Author
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