What would you do with a $500/month budget?

I trust that you will be be receiving many PM's offering you ideal opportunities (and cheap coaching offers starting at $497) to invest your $500/m budget on in 3..2...1...

You might as well pour some ketchup on you as you look very tasty right now to some sharks in here.

I would use five dollars of it, and go to an outsourcing website and pay somebody to search for one or two hours to get a list of every single post is made exactly like the one you just made here and compile them into an Excel sheet for you to review

Hey, that's just me though

I'd buy two courses here on WF

1. Kate Rosenberg = Solo Ad Business Blueprint
2. Greg Kononerko = Perpetual List Building

I'd study them both like a hawk, and use the rest to implement.

Since these kind of questions are pretty popular here on this forum, why not search around and I am sure you will find a good way to use your monthly budget.

Good luck,

I would buy solo ads and build a list with $500 per month.

You could get around 1200 clicks and 500 subs each month.

Focus on the most profitable niche that you have encountered.... this is going to take a bit of research...getting into too many niches at once is both costly and time wasting. Choose one good niche and stick to it. The first thing you must do is build a list. You've probably heard this many times, but the money's in the list and too many people wait too long to get started with building a list.

Oh yeah, not just any list, a "customer list" is the most profitable. Freebie lists according to some marketers, can be a waste of time because they argue that many will not buy anything from you. I think it depends though, customer lists are the most profitable. A buyer is always a buyer. Create a product. You'll soon find ways to spend your budget on things like outsourcing graphics, ads etc. Don't go looking for ways to spend money, especially on here

hey there


start by focusing your efforts on ONE niche. As you said yourself you just made sites on impulse and have not done much to them.


There many threads of here explaining a business funnel start with that


As for your monthly budget I think it would be a good idea to set up an auto responder. capture leads through free or paid traffic (bing ppc) can generate some good leads for cheap clicks.


Then when your making money re invest some on more traffic and other areas of your business!

In your shoes, I'd grow traffic platforms.

1. Squeeze Page (Front-end)
2. Blog (Back-end)

Grow traffic platforms on all of the major social networks. Direct that traffic to:

1. Squeeze.
2. Blog posts (content upgrades to squeeze).

Monetization:

1. Sales Funnel.
2. Blog.
3. Blog posts.
4. Socials (updates / direct to offers - example TeeSpring.com)
5 Re-marketing: via direct email and blog links).

With a $500/ month budget you'd have enough to grow a number of key traffic platforms - pages, groups, profiles, accounts.

You'd end up with a stable business. And when it's running efficiently, you outsource and rinse, repeat.

Tom

It's best to complete your blog setup. Make sure that you have integrated your Autoresponder so you can start building your list. Make 3 to 5 blog posts every weeks (you can hire a writer from UpWork (odesk). Setup your affiliate links! Then start driving traffic to your blog. Analyze traffic and conversions, and improve your blog as needed.

Hi aspiringaffiliate

Well, $ 500 is a good starting point to build your list quickly, do this: while looking for your niche (horoscope, cigarettes, then ??? need to do one thing well. Only one.), creates the Your product (ebook, infoproduct, etc ..), build your list and multiplies those bucks!

I wouldn't spend any of it. You really don't need that much to make money online. Your gonna be spending more time than money anyways. Unless your working on starting up several projects at once. You have no need for 500$ a month, unless you are trying to build a solo ad business or something or maybe building big ass pbns.

I actually only ever suggest a few courses on making money online. Source wave university, screw 9-5 and wealthy affiliate and if your lucky enough to find it, Cash Money Goldmine. Which you wont find unless you find someone on skype or something that is willing to sell it to you "illegally".

I will buy lot of traffic for my game site.

According to Google's recommendations, I would spend the money for creating mobile versions of the sites. And maybe for SEO optimization.

Do the right thing and good luck!

Create a targeted list + solo ads

The best thing to do is to keep your money

and... Start educating yourself first.


Here's a list of things that you need to learn:


1. Understand how to create your own website

- understand branded domain names
- hosting
- wordpress
- on page seo

2. Understand your target market

- know your market
- who they are
- what they do
- what they like
- what they read
- what websites they read
- where they eat
- what social media channels they go to
- forums they go to


2. Understand how to make money out of your site

- adsense
- sell ad space from your targeted businesses
- sell your own products
- affiliate sales (selling other people's products)
- copywriting (learn the art of selling)

3. Learn how to drive traffic to your site

- learn social media (facebook, twitter, pinterest, instagram, snapchat)
- media buying
- content marketing (creating high quality content that will be shared online)
- learn paid ads (facebook ads, google ads, bing ads, etc)
- learn forum marketing (creating high quality content in forums)
- learn guest posting

4. Learn listbuilding

- understand aweber and how to integrate it
- understand autoresponder sequences
- subscribe in well known blogs and understand what they are doing

When i said learn, what i meant is to observe, understand, try it out.

Check out high profile sites that has a big community. check what they are doing
and how they built a big following.

Use your money to people you TRUST.

Last but not the least - Don't be afraid to make mistakes, Learn from your mistakes
Keep moving forward. Keep your head up. Love what you're doing.

Cheers to your journey!

I could see many of the warriors posting their suggestions/advice without reading your post completely.

You mentioned you already own 2 sites on different niche. My suggestion for you would be to spend $500/month to grow these websites, so that it can make you money. Just stick to this plan for a definite period, I am quite sure you will make money pretty quickly from your website itself.