Utah Business

Posts Tagged ‘Internet Money’

Before starting your internet home business you must make sure that you have set up a plan of implementation.

Are you really serious about starting your big business internet money opportunity?

One of the biggest reasons for failure in the niche of internet marketing is the lack of knowledge of your start up costs?

It is lack of planning. This also involves lack of planning of the cost involved to get started with your big business internet money opportunity.

I will give you a brief overview of the basic costs that you will need to incur if at all you are serious about getting started with your own big business internet money opportunity.

ARE YOU READY?…Here we go…

1. Computer.

You will need a computer in your own right at your home if you are serious in starting an internet business.

You should get a new computer for under $500 dollars.

This is unbelievable but it is true. There are many who dream about starting an internet business from a cyber cafe.

2. Internet Connection.

You will need a high speed internet connection.

I am sure you want to achieve success with your big business internet money opportunity as quick as possible. You just cannot afford to waste time surfing around.

Don’t fall for some low speed connection. The reason is it will be too slow for your work and will simply waste your time.

3. Hosting Account.

You will need to host your website. For this you will need a hosting account supplied by an Internet Service Provider.

The normal costs range between $9.97 to $25 per month. If you go for a yearly contract you can get a good hosting account for under $80.

4. Domain Name.

You will need a name for your big business internet money opportunity.

This name would be your website identification such as www.xxxx.com

This should cost you between $8 to $25 per year depending upon the registrar you choose.

5. Autoresponder Service.

You will need to follow up your clients on a regular basis through email.

For this you will need an autoresponder service. It is a MUST. Do not start your big business internet money opportunity without this service. This service will allow you to contact your customers on a regular basis with updated information.

This should cost you around $19 per month.

6. Ad Tracking and Traffic Analysis Software.

This will allow you to determine the return on investment of your ads.

It also enables you to track what your website visitors are doing on your site and how they arrived at your site.

This is extremely important for future growth of your website. This software should cost you between $47 to $97.

7. Order Processing System.

If you are planning to sell your own products or services then you will need a system to accept credit card payments from your customers around the world.

For this you will have to go with a third party payment processing solution. Some are absolutely free and charge you on transaction basis.

Others require a one time setup fee of $49. Some extensive shopping cart systems and merchant accounts require a monthly fee of $19 to $49.

You have a big choice of services to decide on.

If you plan to succeed you must take into account all off the above costs and be prepared to implement all of the systems to run your big business internet money opportunity.

What steps must you take to start your business internet money online opportunity to make money online for a purpose filled life?   I could think of hundreds but will discuss 5 very basic and initial steps you must take in order to begin.   If you are new to this process you need to begin somewhere.  If you have been around for several months, then pass these basic steps on to a friend who wants to learn.

Here are 5 steps you must do to get started.

(1)  Take a computer course.

Even before you own a computer, you really need to understand what it is.  A computer course will explain the terms operating system (OS) and how to navigate the internet, often referred to as the world wide web (www).  Computers have been around a long time but the past 40 years they have evolved from mainframes through minis to micros and even cell phones are computers to access the internet.  It is worth your time to take a basic course on computers and you will learn a lot about what they do and how they work.

(2)  Buy a computer.

If you don’t have a computer, then you need to pick up a book and read about them to learn what they do and how they do it and what you need to buy one that works for you.  A book on computers is a good start.  Once you have read this book you will then know what a mouse is, a keyboard, random access memory (RAM), hard disk space and many more acronyms or terms that are part of the computer language.  Before you buy a computer, go to the library or a friend who has one and learn all about that computer.  When you are ready to buy a computer don’t spend a lot of money.

(3)  Get an Internet Service Provider or ISP.

Once you’ve taken a course and have a computer, you need to get an internet service provider or ISP.  The ISP will be your link from your computer, through your telephone line or cable box or device to connect it to the internet.  Remember that your telephone line is much slower and also less expensive than using your cable service provider or even a DSL (digital subscriber line) provider.  Both these are more expensive but will provide the state-of-the-art speeds.

(4) Learn about the internet and specifically affiliate marketing.

Learning about the internet is such a generic statement that I added specifically affiliate marketing.  Learning about the internet is about like saying, learn about the encyclopedia Britannica.  There are so many areas of knowledge on the internet; you need to focus on affiliate marketing.  Do a Google search on affiliate marketing and start from there.  You will get a lot of information and still have to choose what area of affiliate marketing.  I recommend article marketing as a start.

(5)  Work on your computer daily.

This is the most important of the 5 steps.  If you aren’t ready to buy a computer, go to the public library and use theirs for free.  The key is to do it every day so you aren’t intimidated by the movement of the mouse or typing on the keyboard.  Once you get into a comfort zone you will find yourself falling in love with it and your ability to use it will rapidly move forward.

Marketing is finding an effective way to communicate the benefits of your product or service.  As an entrepreneur you must make it as easy as possible for people to try and experience it and benefit from it.  The key is motivate people to feel that what you offer they need today and are willing to buy today.  They must have a desire to buy what you sell because they envision it will make their life better.  How do you do this with your customers?  How do you connect with them for your business internet money online opportunity?

With the recent downturn we all must do a better job at persuading our customers that what we offer will bring value added to their life.  Here are five steps to help do this:

(1)    ”Convince your customers that your product is valuable” – write powerful articles and create powerful web pages.  Your articles need to be clear and concise.  Your web pages exciting and informative.  In Affiliate Marketing you must clearly define what you are selling, demonstrate  why it is unique and prove it is better than the competition.

(2)    ”Increased value from your product” – explain that by buying your product, your customers will get benefits and value that will improve their life.

(3)    ”Ensure your customers get value for your product” – be a wonderful resource and tell your customers you are there for them.  You will stand by your product and service to ensure they will receive what they expected.

(4)    ”Be powerful and passionate about your product or service” –be the most knowledgeable person on the planet about your product or service.  This will require constant study and research to make you always smarter about what you are providing and as a result help you to improve your product and make it the best.

(5)    “Understand the new paradigm of selling” – the new paradigm of selling is being able to market your product in an environment that is changing at such a rapid pace and on multiple fronts you must be flexible and adjust just as quickly.  This new paradigm reemphasizes that the only guarantee in life is that there are no guarantees.

Marketing is more of an art than a science.  We have in recent times tried to emphasize the science with research using demographics, surveys, data analysis, etc.  These are all valuable resources to help us understand our market but at the end of the day, the marketing decisions you make will be based upon your best evaluation of all the information and then a gut feel.  That will be the art of it and your success will be making wise decisions and being flexible enough to adjust as necessary to make your Affiliate Marketing experience successful.