Online Business On A Shoestring


Online Business On A Shoestring

If you want to start an online business but you have very little capital to invest up front, then there are several options available to you. This article looks at online businesses you can start on a tight budget or with no investment.

1. Set Up Your Own Web Site
It is not so expensive to set up your own online publication in the form of a web site. In fact you can now obtain good web hosting packages for as low as five dollars per month. Set up a regular web site or, if you prefer, you could position it more as an ezine or a blog.
The key is to build a popular publication with a regular following of readers. Then all you need to do is learn to turn that traffic into revenue through advertising, subscriptions, and sales of your own products and services.

2. Affiliate Marketing
Affiliate programs are one of the most popular ways for companies to market their products and services online. A company offers a product or service. As an affiliate you sign up to promote the product. Your task is to send a stream of visitors to the company’s web site. You do this using a customized link that allows the company to identify which affiliate referred the visitor. Whenever a visitor sent by you buys a product, you earn a commission.
Many affiliates promote affiliate products by placing advertisements at pay-per-click search engines. However, if you are on a tight budget you can use other methods such as promoting them on your own web pages or writing articles relating to the product. If you do not yet have your own web site, get one for a few dollars per month or set up a free blog at Blogger.com.

3. Article Marketing
On the Internet good content is always hard to come by. For this reason one of the best free online business opportunities is to write articles that webmasters can use on their web sites, in return for showing an “About the Author” resource box at the end of the article. That paragraph about the author includes a live link to the author’s web site.
That resource box can be used to build your own business without costing you anything. You can use it to rapidly build traffic to your new web site, or you can funnel article traffic to landing pages that promote popular affiliate products.

4. Freelance Writing
If you don’t want to have your own web site or online publication, you can still start an online business, for example as a freelance writer. Freelance writers are paid to write many types of documents, from articles for magazines and newspapers through to business sales letters, instruction manuals and even greeting cards.
These are a few ideas for starting an online business on a shoestring. There are many more ways to work on the Internet and they are not all expensive to get started.

Daniel Moro has been successfully building online businesses for ten years. Download your free report, ‘10 Remarkably Effective Traffic Building Techniques’ today at http://www.DanielMoro.com

By Daniel Moro

Posted July 30th, 2007 by bk-live-online

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