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Online Costs

How Much Does It Cost to Make Money Online?

With no money at all you can get started making money online. This is important to many seniors that are just learning about the world of Internet Marketing. If you are thinking about investigating this way to make some money it is safe to say that you already have a Computer and an Internet connection.

The strong advice from the “gurus” is to start by providing a service such as writing articles for others, doing graphic designs, setting up pod casts, or producing videos. The second way to make money is to produce your own product. However if you are not ready for this yet, affiliate marketing (selling other people’s products) is a great place to get your feet wet and to learn about how this business works. Without any money at all or with a small outlay you can find some profits by selling third people’s products.

Set up accounts with Amazon, Shareasale, Commission Junction, LinkShare, ClickBank, or PayDotCom. Spend some time researching these sites and studying their products. Then look for sites such as Squidoo or HubPages where you can do product reviews at no cost to you.

For a very few dollars you can register your own domain at GoDaddy. or NameCheap and set up a hosting program at HostGator or Bluehost. In this way you can control your own destiny.

To be able to post your content you will need a content management system and a free one with endless possibilities can be found at WordPress.

There are a number of tools that make working online much easier. One of these is a keyword tool. This helps you to research what words people are using to find products. Again you can use a free keyword tool – Google Adwords: Keyword Tool. Or you can pony up and invest in Market Samurai. For a nominal amount of money you can get a full keyword search tool based on the four principals of relevancy, traffic, competition, and commercial value.

If you have plenty of time and just want to go slowly into this new venture you can research how to do the many tasks required to be successful. Or depending on the knowledge that you already have and your income resources you can sign up to a course that will show you the way. If you have no knowledge at all I recommend that you buy the Infoproduct Killer program. Developed by Craig Kaye of the UK it will give you a step-by-step guide in setting up a web page. For me it was an “aha moment” in understanding what a web page was all about. Craig Kaye has outstanding support. To reinforce this instruction I recommend Michael Jones’ “Affiliate Code” that teaches how to start, get a domain, hosting, construct a web site, adding content, getting traffic . If you are interested in setting up a large community site with huge amounts of content there is no better instruct thanJames Martell’s Affiliate Marketers SUPER BootCamp. I cannot speak highly enough about James and Arlene Martell and their willingness to help others.

Working online is a constant learning experience. It is not a get rich scheme so be wary of those products that advertise over night riches. Find one program that suits your style and stick with it until you have made some money.

If you can find a good mentor this is an excellent way to succeed. Follow his or her advice until you see results. Stay focused and don’t buy every new gadget that promises you six figures.

As you make some money plan to put back some of the profits into useful tools and find ways to increase your success.

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