How would you invest $1000 in any online venture?

Question: How would you invest $1000 in any online venture?

Answer: High quality content for your website.

If you want to know what kind of content your visitors/customers want then visit a number of forums dedicated to your niche - NOT for IMers but for customers.

What you'll notice is the incredible thirst for information these people have. And almost all of them will complain that they've searched online to find out more (about the product or service) and all they've found are sites crammed with biased reviews and sales pitches. The reason they found these sites is that they're at the top of Google for the relevant keywords. This is because, in most cases, IMers are STILL more concerned with their position in the SERPS than their content.

Spend your $1000 on content people actually want to read and will use and you will see a massive return on your investment.

Even niches that are supposedly hard to break into are easily tackled with good content. For instance, I make around 50% of my income from my weightloss site. I put in 1% effort in SEO and web design, 99% in content. A few visits to the appropriate forums and some relevant comments left on the right blogs and I was averaging 5000 visits a day by the second week. And it's grown and grown from there.

If you're offering good content then people will link to you from forums, blogs, Facebook posts, Tweets, and so on. When you recommend a product, people trust your judgment and will buy. You make money.

Get 10, 100 dollar bills and use them to light your cigars in public.

(seriously depends on the nature of you "online venture")

Create a product (free), launch it (cheap), spend $1000 to drive traffic to it, make money.

Interesting replies, here my bit,

1. Spend about one hour doing research, (PM me and I will send you a video)

2. Spend, less than 10 bucks on a domain name,

3. Spend, about $29.00 for three months of premium hosting, )

4. spend, around four hours setting up a website, (around all the research you did)

5. spend, two hours setting up your content, (do more research) do not use google only to do that research, google is no longer reliable.

6. Develop a unique product to support your research based domain name.

7. After you have generated traffic and develop unique content along with a unique product, List your website on Flippa make money...

Well you only have $1,000 once so if you want to ensure it's going to work for you and multiply itself then you need to capture your audience so you can market to them again and again.

It doesn't matter what niche you are in.

Create a report that solves a specific problem within your niche. Setup an autoresponder and give the report away (free).

Use the $1,000 to purchase solo ads within your niche. Start slow, watch your conversion to visitor ratio, test and tweak your offer.

Create another more detailed report that is very specific to the problem in your first report and sell it for a few bucks (around $10). This allows you to separate the buyers on your list and it also allows your buyers to see the quality of your information.

Keep doing this... Buying solo ads, establish relationships with other marketers in your niche and make deals with them to promote your report in exchange for an interview with them to introduce them to your own list.

Over time your list will grow, your relationship with your list will foster and you'll be well known by other entrepreneurs in your market as someone who they'd like to work with.

Assuming everything is set up, I'd spend it on traffic.

PPC, solo ads, banners, press releases and SEO.

Right now, if I were to throw one thousand smackers at an online venture, it would be for product creation. I have the ideas but not the technical skills or knowledge for what I want to do.

This is what I would do:


$25 - Five domain names based on KW research. You can get a .com or .net if you look for a coupon code
$300 - Hostgator re-seller hosting account first year prepaid
$75 - Five 1000 word articles from "elite" writers at iwriter.com (one for each domain. To be used as primary content)
$100 - Twenty 500 word secondary content articles (4 for each domain) written by "premium" writers at iwriter
$180 - First three months of subscription to Build My Rank
$35 - Graphics from Fiverr (header, ads, banners, decoration images, etc)
$60 - Three months prepaid of Aweber (this would actually be 4 months since first month is $1)
$45 - Set aside for additional link building/images based on need.


Now, once you have the domains you set up the back end (I would use wordpress free themes) and add your fiverr images/graphics to make it look nice. Add the primary content on day one and schedule the other four articles for each domain over a period of 5-15 days.

After the first day ping the site and submit manually to some social bookmarks (just for indexing, although ping-o-matic has always been enough to index my websites in less than 24 hours)

Set up your domains in BMR and use Odesk to outsource articles. You can get a good BMR writer to write for .65 per approved article. After Odesk fees that is about .72ea. You might be able to get cheaper, but I found .65 for bulk orders makes both parties happy. You can pay as articles are approved. I like to pay in sets of 10-20 articles and I always start with a 'good faith' deposit if the writer has good ratings.

The BMR posts give you 50 per domain. Set the post limit on BMR for each project to be 1-2 or 2-3 per day so they drip over the course of a month.

In SOME cases 50 posts will be enough to get you on page one (or even #1) and in others you may just break the top 100.

While the posts are trickling over the course of 1-2 months make sure you are writing and adding your own content and setting up your auto responder follow ups.

Having five different domains gives you five different opportunities. It will also allow you to cast a wider net and try each domain out. Some will be easier to write for and you will have more of a passion for. Some will rank easily and bring in quick money, some will be long term projects and some might end up not being worth anything to you. Pick the winners and expand.

Once you see which sites are giving you the best return you can focus more on them by using article syndication and continuing BMR posts. These can be done by yourself or outsourced.

Also, while the websites are getting established make sure to use YOUR time to do things you can't delegate. One of the things you should NEVER outsource is the task of building a reputation and trust. You can join relevant forums and contribute. Don't just blast a sig on your account, but engage and use it as relationship building and market research.

What are the most common forum topics? What are the most often asked questions? Put together really comprehensive resources for these and save some canned replies that answer (almost like a FAQ). This will lead you to relevant blogs you can post on as well, which will supplement your BMR SEO link building.

Anyways, that was really long. I don't know how well that plan would work, but it is the plan I would implement...

I would spend very little per month on pay per click, and on the content/display network on Adwords and Microsoft Adcenter. Test it for a few weeks, and watch your conversion rates. If the math looks good and you're turning a profit or at least breaking even... continue to roll out with the campaign.

But if you're just losing money... call it quits on the campaign and see if you can do any blog or ezine advertising. And still, track your results.