Your one time costs to start up?

13 replies
I posted a thread a bit ago to ask about monthly costs. I have gotten some good info already, so I appreciate the feedback. What about one time costs?

I can think of many tools that have that:

WP Themes
Market Samurai, or other domain analytics tools
SEO tools, unless paid for monthly
Affiliate tools, like the Azon tools I have

Anything else? And, what did you pay to get your setup in place and ready to go?
#costs #start #time
  • Profile picture of the author Not So New
    Hey Jason ...

    The only real tools you need to start is hosting, a domain and an autoresponder.

    The rest of the stuff is nice to have , but not a must

    Shawn
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    • Profile picture of the author Allen Payne
      Originally Posted by Not So New View Post

      Hey Jason ...

      The only real tools you need to start is hosting, a domain and an autoresponder.

      The rest of the stuff is nice to have , but not a must

      Shawn
      Well said, Shawn. These are the only things you need to start making money. Once you've built a solid foundation for your business, you can start investing in other things to scale up your income.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by bigjasonellis View Post

    WP Themes
    Market Samurai, or other domain analytics tools
    SEO tools, unless paid for monthly
    Affiliate tools
    I've never used any of these things (or their equivalents).

    Originally Posted by bigjasonellis View Post

    And, what did you pay to get your setup in place and ready to go?
    Almost nothing. I bought a couple of domain-names and hosting, and an initial free (or $1) month with an autoresponder. That's all.

    I don't (and wouldn't) pay money for anything to do with SEO. (I have done sometimes in the past, and it was among my many mistakes). I don't believe in it. I'd advise you not to put time and effort - let alone money - into trying to attract "organic SERP's" traffic, for two main reasons: first, it's very precarious and makes your business Google-dependent, and any business that's Google-dependent is no more than one algorithm-change away from a potential accident (or even a potential disaster), as so many Warriors have been finding out over the last year or two, some of them to their very great cost; secondly, for me, search engine traffic has been uniformly the worst-converting traffic out of everything I've ever tried in 8 entirely different niches over the whole of the last 4 years - search engine visitors to all my websites typically stay the least time, view the fewest pages, opt in the least often and actually buy anything by far the least often. I admit I do get tons of search engine traffic to all my main sites (because high rankings for multiple keywords happen to be a minor side-benefit of the main targeted traffic-generation method I use to build my business) but I'd certainly hate to have to make a living just from that traffic.

    I think that starting an IM business with the assumption that you're going to need to buy, or use, "SEO tools" is probably a mistake.
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    • Profile picture of the author datingworld
      Originally Posted by Alexa Smith View Post

      secondly, for me, search engine traffic has been uniformly the worst-converting traffic out of everything I've ever tried in 8 entirely different niches over the whole of the last 4 years -
      Search engines traffic is considered as the best converting traffic for many including me.

      Someone who is looking for something on search engines and he lands up on your site cant be the worst traffic...
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      • Profile picture of the author Alexa Smith
        Banned
        Originally Posted by datingworld View Post

        Someone who is looking for something on search engines and he lands up on your site cant be the worst traffic...
        He is for me. Very consistently. In all my niches. He actually compares very unfavorably, statistically, with his equivalent from anywhere else I've ever had enough traffic from to test/analyze seriously. And I analyze/monitor almost obsessively.

        (I admit I haven't tried some of the famously "bad traffic sources", because they have nothing to do with any of my niches. But I think any reasonably successful article marketer will tell you that on average, a "search engine visitor" will stay less time, opt in far less often, visit fewer pages and actually buy anything far less often than an "article marketing visitor". No comparison at all, in fact.)
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      • Profile picture of the author Chris Silvey
        Originally Posted by datingworld View Post

        Search engines traffic is considered as the best converting traffic for many including me.

        Someone who is looking for something on search engines and he lands up on your site cant be the worst traffic...
        Well here is where the law of physics bends a bit. Alexa is a syndication guru, thus targeting her audience more accurately rather than depending on organics.
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    • Profile picture of the author bigjasonellis
      Originally Posted by Alexa Smith View Post

      I've never used any of these things (or their equivalents).



      Almost nothing. I bought a couple of domain-names and hosting, and an initial free (or $1) month with an autoresponder. That's all.

      I don't (and wouldn't) pay money for anything to do with SEO. (I have done sometimes in the past, and it was among my many mistakes). I don't believe in it. I'd advise you not to put time and effort - let alone money - into trying to attract "organic SERP's" traffic, for two main reasons: first, it's very precarious and makes your business Google-dependent, and any business that's Google-dependent is no more than one algorithm-change away from a potential accident (or even a potential disaster), as so many Warriors have been finding out over the last year or two, some of them to their very great cost; secondly, for me, search engine traffic has been uniformly the worst-converting traffic out of everything I've ever tried in 8 entirely different niches over the whole of the last 4 years - search engine visitors to all my websites typically stay the least time, view the fewest pages, opt in the least often and actually buy anything by far the least often. I admit I do get tons of search engine traffic to all my main sites (because high rankings for multiple keywords happen to be a minor side-benefit of the main targeted traffic-generation method I use to build my business) but I'd certainly hate to have to make a living just from that traffic.

      I think that starting an IM business with the assumption that you're going to need to buy, or use, "SEO tools" is probably a mistake.
      This is all fantastic advice, and very useful. Thanks to all.

      I wanted to give a special thanks to your reply. I am getting started in IM, and these posts I have been putting up are to feel out the experts like you to fill in the gaps in my understanding. I really appreciate the feedback, and the guidance in starting my IM career. Thanks!
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  • Profile picture of the author talfighel
    I have to agree with Alexa here.

    The one thing I learned over the years is that when you think that you can get on page 1 or 2 of Google just because you paid some "professional" to get your site ranked high, you are going to learn very fast that this strategy is pertty much useless.

    You are just going to waste your time and most of, your money.

    On another note, if you are thinking that you can just pay for something once and then make money online each and every month, then you are wrong my friend.

    It takes some money to invest into your business. Whether it is an auto-responder, your website hosting, self development tools, or anything else. You need to invest in something to move forward.
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    • Profile picture of the author bigjasonellis
      Originally Posted by talfighel View Post

      I have to agree with Alexa here.

      The one thing I learned over the years is that when you think that you can get on page 1 or 2 of Google just because you paid some "professional" to get your site ranked high, you are going to learn very fast that this strategy is pertty much useless.

      You are just going to waste your time and most of, your money.

      On another note, if you are thinking that you can just pay for something once and then make money online each and every month, then you are wrong my friend.

      It takes some money to invest into your business. Whether it is an auto-responder, your website hosting, self development tools, or anything else. You need to invest in something to move forward.
      Thank you for the advice, and I wholeheartedly agree.
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  • Profile picture of the author datingworld
    Originally Posted by bigjasonellis View Post

    I posted a thread a bit ago to ask about monthly costs. I have gotten some good info already, so I appreciate the feedback. What about one time costs?

    I can think of many tools that have that:

    WP Themes
    Market Samurai, or other domain analytics tools
    SEO tools, unless paid for monthly
    Affiliate tools, like the Azon tools I have

    Anything else? And, what did you pay to get your setup in place and ready to go?
    Market Samurai and a forum license, just started a discussion forum, see how it goes.
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  • Profile picture of the author Brandon Tanner
    Guys, what good is it to discuss costs when we don't even know what the OP's business model is?

    There are a LOT of different "internet marketing" business models out there... some can be implemented for free, and others can be very expensive to implement. It just depends.

    So Jason... if you let us know which business model you're interested in, we can give you some answers that are much more relevant to your specific goals.
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  • Profile picture of the author NoobSensei
    - Market Samurai
    - A few domains and small hosting packages
    - A couple paid themes
    - A Wacom Bamboo tablet (so that I can do Khan Academy-style videos)
    - A logo/header/website designer

    Altogether I probably spent about $500, but it's definitely possible to do it more cheaply than I did.
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  • Profile picture of the author Randall Magwood
    Here's what i think you need to get started:

    1) Website
    2) Autoresponder

    That's it. For products, go to clickbank or some other affiliate program service. Combined that's around $30 a month. Depending on your niche and the price of your product... one sale a month will cover these costs.
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