Best way to put $250 to good?

by Hellome12 26 replies
I want to know other people's personal opinion in the IM world or doing any online work if you had to start out with only $250 what would you invest in ( anything online ) and what would your return be ( if you previously did this ). I would like to hear your stories!
#main internet marketing discussion forum #$250 #good #put
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  • Profile picture of the author discrat
    In all due respect, this gets asked constantly here. Just the other day it was $500 someone was asking about. You can get things started on a shoestring for less than $100. I know I did 9 years ago.


    More than likely it will take you longer, though. Much easier to start off with a grand or two but not necessary
    • Profile picture of the author Hellome12
      If I started with a grand what would be the difference? Do more results come quicker or is it the ROI that's bigger ?
  • Profile picture of the author Andrew Hurst
    I don't think i'm allowed to post any kind of link so I would say do what I did and signup for a program that has a low monthly cost of $37 then use the rest for FB advertising. You need something that has good training on how to get free traffic and leads and helps you convert. Create a FB page and be consistent with posts and run ads weekly you can reach hundreds of people a week with just 10 or 20 bucks.
  • Profile picture of the author Bizopboost
    Hello
    What I suggest is:
    1. Ask your self , What is it that you are good at and passionate about.
    2. Do a Good Research For Products or services related to that and that
    People are searching for and buying.
    3. Get your self a domain name and hosting
    4. Build your ''Nich'' Website the Right Way
    5. Start Writing and reviewing about those products
    6. make a Lots of Affiliate Commissions

    Take care
    and Good Luck
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    • Profile picture of the author Hellome12
      Adding in seo correct? Or have you heard of the tool called buzzbundle? Matthew Woodward started using it years ago for promoting his website in his target audience in January 2013 he generated 9k views in that one month and income was about 9k as well then he kept using it over and over and supposedly he didn't need to do seo really.
    • Profile picture of the author ween24
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  • Profile picture of the author jords16
    I would invest it to List Building and email Marketing, Which what i am doing right now.
    For $49 you can have High converting landing page, 30 sets of follow up emails video training. this is important if you are totally beginner and if you don't have idea what to do..
    • Profile picture of the author Hellome12
      I've always heard about building a list and out of all the things that I do myself I haven't came across list building. That might have to be something I try out.
  • Profile picture of the author Oziboomer
    Originally Posted by Hellome12 View Post

    I want to know other people's personal opinion in the IM world or doing any online work if you had to start out with only $250 what would you invest in ( anything online ) and what would your return be ( if you previously did this ). I would like to hear your stories!
    First I'd spend the time doing a bit of research about subjects I knew about and what people were asking surrounding those subjects.

    Then I'd do a bit of planning and lay something out in say Trello.

    I'd define my goals and put some time limits on achieving them.

    Then before I'd spent any money I'd draw out what my ideal business or funnel would look like on a big piece of paper and pin it up so I could look at it.

    I'd read and learn about "Business Model Canvas" then "Value Proposition Design"

    I'd probably spend the first money on buying a few books secondhand or I'd try to get them from the library. Books like Influence by Cialdini, Ultimate Sales Letter by Kennedy, The Boron Letters and many others that could help with crafting material that sells something.

    I'd learn a bit about web design or find someone who could help me.

    Once I'd worked out what I knew other people wanted to know I'd write those things up in a text file or Word Doc etc. with the goal of eventually publishing the content.

    Then I'd start a business and go through whatever registration processes were required where I lived.

    I'd register a business name.

    Then get a domain set up and social media accounts and some other Web 2.0.

    Get some decent hosting.

    Set up Webmaster Tools and G Analytics.

    Post some content to kick things off.

    Film a few videos on my phone to post to Youtube and Facebook.

    Publish my written content as either one kindle or better still a series of kindle books on Amazon.

    In each publication, ebook, social media, video etc I'd link back to a landing page on my domain.

    All the time I'd be building a course or some core offer for people who would eventually be my customers.

    In the early stages I would be gathering some opt-ins for lead magnets created from some content that was a byproduct of my course or kindle creation.

    I'd invest in an auto responder that would grow with me over time and have some good conditional tracking like Active Campaign.

    As I built out my core offer I'd be gathering names and building a relationship with my list so they trusted me enough to buy my core offer later.

    Once I had the core offer done and had both a lead magnet and a low dollar offer created I'd start to spend on paid traffic to send people to some of my content, the kindles, blog posts.

    All the time I'd be building retargeting lists with FB and Adwords for later use.

    I'd get skilled at communicating to my list.

    Once my funnel was set up I'd ask my list to buy.

    There are other variants and additions but this is a structure that had worked for many.

    Best regards,

    Ozi
  • Profile picture of the author montaldo88
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  • Profile picture of the author Phillip Patterson
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  • Profile picture of the author Brent Stangel
    Go here : https://www.perrymarshall.com/

    and learn how to drive traffic to any niche without any SEO involved.

    Once you master this skill the rest is easy.

    I don't know what Perry is charging these days but I learned all I needed to know from his free stuff.
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  • Profile picture of the author Shams Sikder
    What you can do is get an autoresponder, have a landing page that leads to an affiliate offer, and then run solo ads through the landing page. This way, you will make sales on the affiliate offer, and you can also build your list. If you do this, make sure you get a solo ads provider that guarantees conversions, not just clicks. Anyone can get you a lot of clicks, but if you don't get conversions, there's no point.
  • Profile picture of the author MValmont
    Right now what works best is dropshipping using shopify. This is what I would do.
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