You Have to Spend Money to Earn Money - Answering Service Resources

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You Have to Spend Money to Earn Money

You Have to Spend Money to Earn Money

It surprises me that many people fail to grasp this concept as they first set out to start their own businesses. Thanks to the power of the Internet, anyone who has a computer and an Internet connection can now START their own online businesses with little investment. However, generally speaking, it is a given that you have to invest money into your business to if you seriously want it to grow.

Affiliate marketing is a great way for ordinary people to start making money on the Internet. After finding an affiliate program that offers products you are interested in promoting, you can start an online business with just a website. So your total investment up to this point may simply be registering for a domain name and paying for a web hosting account.

But then what? You have to start marketing the products and getting people to your website! A lot of people are turned off when they discover that this is a demanding process that requires a substantial amount of hard work, time, AND money!

Let me give you a specific example. As all experienced Internet marketers know, "the money is in the list." Simply put, you want to build a mailing list of people who may be interested in what you have to offer.

One of the most effective ways to grow your mailing list is to use a pay-per-lead service where you PAY a company to bring targeted subscribers to you. The company will run an advertising campaign for you and deliver motivated, opt-in subscribers to your list. The cost can vary greatly depending on the information you require. The e-mail lead packages I have been using recently range from $.10 to $.35 per lead.

The best lead provider I have used is TrafficOasis. It provides targeted leads that are fresh, NON-SHARED, responsive, and affordable. If you who like to know more, check out its website: http://www.trafficoasis.com/index.php?118787

Other areas where you MAY want to invest money in include: logo design, web design, web promotion, and useful tools such as a graphics editor and a powerful autoresponder. However, there are plenty of free resources on the Internet and I encourage you to seek them out.

The saying, "You have to spend money to earn money," generally holds true for ANY business! An Internet-based business is no exception,whether your are promoting your own products or someone else's.

It is also important that you re-invest a portion of your profits into your business! That way, not only will your business continue to grow, but its GROWTH RATE will also increase! This in turn brings in MORE profits, which allows you to invest MORE into your business... Do you see a pattern!?

The key is to invest money into your business wisely while staying within your budget. If you believe in your business, you are bound to be successful!

To Your Success! Byron Wong

Visit http://www.internet-home-business.org for the BEST money-making opportunities and internet home business programs! Subscribe to our free newsletter NOW by sending an e-mail to ezine@internet-home-business.org and receive a free gift!

In The News:

Hurley: YouTube Looking for Affiliate Revenue Streams
NewTeeVee, CA - Jun 26, 2008
... dinner in Palo Alto, but he went onto lay out an argument that there’s also a growing opportunity to make money from direct response affiliate deals. ...

The Associated Press
Rush Limbaugh to get $38M a year for next 8 years
The Associated Press - 11 hours ago
"This is exactly where I want to be, doing what I was born to do, with an amazing audience and phenomenal support from affiliate stations and sponsors," ...

ValueClick: Has the Hunted Become the Hunter?
Seeking Alpha, NY - 8 hours ago
Think Partnership (hereinafter THK) is in many respects similar to ValueClick, albeit a smaller version as it is most widely known for the affiliate ...

Google Talk,
CNET News, CA - 6 hours ago
By Caroline McCarthy – July 1, 2008 7:10 AM PDT Post a comment Google is using this optimistic graphic to help sell affiliate marketing. ...

PR Web (press release)
Google Affiliate Network
CNET News, CA - Jul 1, 2008
MacFarlane, who will receive a percentage of the ad revenue, told the newspaper that the two-minute episodes would be "animated versions of the one-frame ...
AOL’s Platform-A Offers Guaranteed CPM for Bebo and Facebook ... Business Wire (press release)
all 28 news articles

American's June passenger tally dips
Trading Markets (press release), CA - 5 hours ago
... affiliate, both reported single-digit decreases in passenger traffic in June, airline executives said Wednesday. American flew 11.8 billion revenue ...
American Airlines June passenger traffic down Trading Markets (press release)
all 6 news articles

HipCricket Hires Vice President of Sales and Client Development
Eastside Business Journal, Washington - Jul 1, 2008
At CW affiliate KSTW Television, McCormick served as general sales manager and delivered an eight percent increase in station revenue, more than double the ...

VNUNet.com
Social networking revenues disappoint
VNUNet.com, UK - 10 hours ago
Affiliate advertising, the selling of virtual goods, micro-payments, site merchandising and data mining are all viable alternatives to traditional revenue ...

Marketers to spend over $2 billion on affiliate marketing
BizReport - Jul 2, 2008
“Affiliates are starting to embrace YouTube, for example, to get a revenue share by tying videos via links on YouTube back to affiliate links on their blogs ...

Indian mobile market to hit $37 billion, Gartner says
NetworkWorld.com, MA - Jul 2, 2008
Voice calls, which comprise 89 percent of revenue, will fall to an 85 percent share by 2012, Gartner added. The IDG News Service is a Network World affiliate.

affiliate revenue - Google News

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