| So maybe you are looking for some extra | | | | many more. Many people like ClickBank |
| spending money, maybe you finally flicked the | | | | because of its friendly consumer interface, |
| "bird" at your boss, or maybe you want to | | | | but it costs $49.95 to setup. I use Paypal |
| satisfy your curiosity. Consumers are weary | | | | because it's free (they deduct a small |
| of the unknown (internet in this case) and | | | | percentage $0.20 - $0.30 per transaction). |
| wonder what it takes and how much it costs to | | | | Some people seem to think it's a burden that |
| start up an online business without having to | | | | consumers need to login/sign up before paying |
| sacrifice or gamble their money away. You | | | | but there is an option for them to pay by |
| will learn what start up fees are associated | | | | credit card without signing up. |
| and a cost effective way to "test the water". | | | | |
| Soon you'll realize the huge potential from | | | | 6) Marketing - Traffic: ~ $Free |
| earning money online.eBooks are generally the | | | | |
| easiest products to start your online | | | | I won't be discussing website marketing, but |
| business. The eBook resale right will be | | | | you can do this very effectively for free. |
| conveyed to you and you will be permitted to | | | | There are many expensive ways to drive |
| distribute the products as you wish. That | | | | traffic to your site but often, the most |
| means you can charge a lot, a little, or | | | | effective ways are free. After making some |
| nothing at all (this also depends on the | | | | money, you can then invest in other areas |
| terms of use from the author, so please read | | | | such as Adwords. |
| them). Let's use an eBook as our sale item | | | | |
| and see how much (or little) money we will | | | | 7) Autoresponder: ~$Free - $20 |
| need to spend on our new and profitable | | | | |
| home-based business to starting earning | | | | You can choose to use an autoresponder, which |
| money. We're going to budget so that we | | | | is software that allows people to sign up for |
| aren't reaching into our wallet/purse every 2 | | | | newsletters (you create) and promotions. It |
| seconds. | | | | replies automatically to the people who've |
| | | | signed up. You then accumulate a mailing |
| 1) Purchase eBook: ~ $4.99 | | | | list and easily send emails to every prospect |
| | | | in your database simultaneously. This is |
| You will need to shop for a current eBook | | | | highly effective by capturing recurring |
| product. You'll likely find a good eBook | | | | clients to purchase your online products. |
| resale right for a decent price. You can | | | | Some autoresponders are free, but they |
| choose to purchase an individual products or | | | | contain advertisements in the outgoing |
| packages and sell a variety, depending on | | | | emails, which may not look professional. You |
| your preference - it is, however, often | | | | can buy decent software for $20 or less if |
| easier to concentrate on 1 eBook. | | | | you decide to use it. |
| | | | |
| 2) Purchase Domain Name: ~ $6.95/yr. | | | | That's all we need for beginners to start. |
| | | | Now let's tally up the costs! |
| There are a variety of domain name providers. | | | | |
| I found My1Host Web Solutions offers a great | | | | 1st Month: $21.93 |
| price for .com addresses. | | | | |
| | | | (based on 1 ebook product @ $4.99 -- without |
| 3) Purchase Web Host: ~ $9.99/mo | | | | autoresponder) |
| | | | |
| There are also a variety of web hosts, but I | | | | 2nd - 12th Month: $9.99/mo |
| found a decent package with lots of a storage | | | | |
| space, 24-7 support, SQL, CGI from Host | | | | Entire spending in 1st year: $131.82 |
| Gator. | | | | |
| | | | Selling 4 eBooks per week at $4.99/eBook for |
| 4) Webpage Creation Software: ~$Free | | | | 1 yr gives you $960 (minus some small paypal |
| | | | fees). That's almost a $830 profit. I'm |
| If you plan on creating your own website, you | | | | sure you'll profit much more than that, but |
| can download free templates from the internet | | | | this is very conservative to show you the |
| and alter those using free programs. I use | | | | potential. |
| Nvu to change/create my webpage and FileZilla | | | | |
| to upload them to my FTP server web host. | | | | Depending on how you want to expand your |
| | | | ebook resale right business, you can try |
| 5) Payment Processors: ~ $Free | | | | using pay programs in the future, but that is |
| | | | completely up to you. By using mainly free |
| There are several alternatives to choosing a | | | | methods, you'll be making a decent income and |
| payment vendor. These include Paypal, | | | | realize that the good things in life are |
| ClickBank, 2Checkout.com, SafeCharge, and | | | | free! |