Monday, November 10, 2008

With Just 4 Tools and $150 You Can Start to Make Money Online, Part I

Programs offering you a way to make money online with no investment seem to be gaining in popularity. This is likely a result of the economy. As I said last time, I find this unrealistic. There's still good news though. You can develop a successful business with far less money than you might imagine.

Based on my experience -- that is, what I've done -- you need 4 things to start a successful internet business. Your total start up cost will be about $150. This list assumes that you're using the easiest beginner's method of becoming a Clickbank affiliate to start your internet marketing business.

The four things you'll need to start you on the path to internet marketing success are a domain name, a landing page, a hosting account, and an autoresponder. Today, let's talk about why you need these things. Then next time we'll look at what each thing does for you.

Obviously, you can do affiliate marketing without any of these tools. You can simply drive traffic to your product's sales page using your affiliate link. But this does nothing to build your online business. Using this method, you are constantly in search of new customers. And, you have no relationship with any of your customers. They are all one-time buyers.

Your goal for your online business should be to build a list of lifetime customers. The best way to do this is to develop a relationship of trust with your customers. You can only do this if you know who your customers are and they know who you are.

You may be wondering why none of the four things I list have anything to do with traffic generation. I did say last time that one of the biggest reasons it is near impossible to make money online with no investment is that it takes lots of time and lots of effort to generate traffic using the free methods.

But, both your time and effort are dramatically reduced if you use the free traffic methods and build your list at the same time, as these four tools allow you to do. No longer are you constantly searching for the new customer to make a one-time sale to.

Instead, once your traffic generation pays off, and you have a customer, she is no longer just a one- time buyer. You have her name and email. You have her request to send her information. You know she's interested in what you're offering -- she opted-in to your list.

Making additional sales to an established customer is a walk in the park compared to the effort it takes to acquire a new customer. As your list begins to grow, the money begins to come in faster and with less effort. Because of this, I recommend that you spend your money in the beginning building a list, not on paid traffic generation methods. Your list building tools are far less expensive. They are easier to use. Once you're bringing in a little money, then you can turn your attention towards mastering paid traffic methods. If you want to. If you need to.

But first let's just concentrate on getting one customer, showing that customer she can trust you, and marketing quality products to her. It will be so much easier to sell ten products to this one customer than it will be to sell one product to ten customers. You'll be amazed.

Next time we'll talk about what each tool does to further your internet marketing success.

Jennifer Herndon is a home business consultant and work at home mom with over 11 years experience. Jennifer's passion is helping you create personal and financial freedom. Read more at Jennifer's Work at Home Millionaire Journey blog. Uncover the fastest hands-off system for creating online marketing success by claiming your free Instant Income Plan report here.

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