What Is The Real Starting Cost For Internet Marketing?

What Is The Real Starting Cost For Internet Marketing?

This is the best answer: any amount that you need to be successful.

If you are a newbie, you probably want to “dabble”. It’s like just put aside some money (usually no more than US$100 a year) to buy a hosting account and play with it.

The truth is, you will need to set aside a budget. When everything adds up, you either have money, or you spend time. Money spent could exceed US$50,000 just for you to set up an online business. This could include a domain name, a web host (or a series of them) alongside other seminars you may have to attend to gain the basic foundation in this business.
I’d expect that you spend no less than US$5,000 in your first year alone. A typical investment should exceed US$10,000 in your first year, as start up capital for a real internet business. This would increase your likelihood of success within a shorter span of time.

Most people starting out who do not have this amount to spend will have to trade speed for time. This means you need to spend a longer time learning (because you are not spending), but you also need to constantly be putting your effort into ‘doing’. Testing new strategies can help you quite a fair bit and help you gain experience. Unfortunately, it’s likely that you will take anything between 2 years or more to get somewhere decent in terms of income.
My recommendation is to invest prudently. A standalone workshop can help aid your progress, so I would recommend that you join in workshops such as the Internet Marketing Academy. This is geared for beginners only.

Then, it is recommended that you register yourself for a coaching program, or an advanced workshop. For more information, contact my office on our upcoming Advanced eBay Workshop and our Advanced Affiliate Strategies Workshop.