Is this enough money to get started

8 years ago

Originally Posted by szaby

Hello,

My salary is about 300 $ a month.Is this enough to start to buy traffic and begin my internet marketing business investing 300$ month after month?Or my budget is simply to small and i have to look some place else?I can put in about 10-15 hrs per week the rest im working.
Thank you

It's more than enough. Many of us got started on much less than that.

1. Hosting- $10 month
2 Autoresponder- $20
3. Domain - $10 year

Thats in a nutshell

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1 reply

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Devilfish168 8 years ago

Originally Posted by discrat

It's more than enough. Many of us got started on much less than that.

1. Hosting- $10 month
2 Autoresponder- $20
3. Domain - $10 year

Thats in a nutshell

can tell me which hosting cost 10 bucks?

I know there are..but problem also depend what site he/she going to set up..etc

if just Lead Page , capture Page no problem ..as don't take up resources ...but for V blog no doubt the videos are host from youtube..etc it will take up resources from server.
cheap plan might soon can't handle.

hmm also most important Support.

Support for hosting must be good able to help the end user to troubleshoot etc.if the site down ..next is available 24 hours 365 days ...

which I feel more important ...
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webmarke

8 years ago

If your salary is only $300 a month, then I recommend your stating ad budget be $000. First earn a little money by using free methods of advertising, then use your profits to build your business.

If you only make $300 a month, then I don't think you can afford to risk it by spending it on traffic of which you have no experience in converting into income yet.

Of course..this is just my opinion. Others may tell you different and if you feel confident that you can afford to risk your money, then feel free to follow their advice.

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writeaway

8 years ago

I started in this game with WAY LESS than that.

It's not your startup capital that matters MOST.

What matters most is your WILLINGNESS TO LEARN AND APPLY what you learn

The world doesn't care about PLANS, MOTIVES, INTENTIONS, GOALS...

It only cares about RESULTS.

In short, TAKE ACTION. And I'm not talking about paying for stuff. Take action on stuff you learn.

IMPLEMENT.

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Rory Singh

8 years ago

$300 per month on PAID Traffic may not be enough. It is enough like Robert said above for the simple things that you would need. But I think that you will need to put in a lot of 'elbow grease' and go to work.

I have a full time job (50 or so hours per week PLUS Commute).

I am putting in about 6 hours per day marketing online (week days) and maybe another 12 to 16 hours on the weekend doing FREE Marketing methods like blogging and Video.

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GetPLRhere

8 years ago

With only $300 a month, I would reduce the costs as much as possible.

1. Use free GIMP and Inkscape to create your images

2. Use free Shotcut to edit your videos

3. Use any free HTML and FTP program to create your site

4. Use free MailChimp to start with.

5. Find a low cost but reputable web hosting.

6. Use free social media to draw in traffic.

If you actually starting making money, then use part of your proceeds to upgrade and/or reinvest in PPC and leads.

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ChrisBa

8 years ago

Originally Posted by szaby

Hello,

My salary is about 300 $ a month.Is this enough to start to buy traffic and begin my internet marketing business investing 300$ month after month?Or my budget is simply to small and i have to look some place else?I can put in about 10-15 hrs per week the rest im working.
Thank you

It's enough to get a start as long as you keep investing. It also depends on how you plan on making money online and traffic sources, etc

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hardwarker

8 years ago

Of course it fully depends on your target. If you can invest $300 in a month, it is enough, if your target is in the middle class. Start & Carry on. Thanks

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T S Chan

8 years ago

I suggest free methods

When you start making money from your online business, then you can invest.

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Zodiax

8 years ago

Do you live off of $300 a month?

If so, than it's not enough.

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Regional Warrior 8 years ago

Originally Posted by Zodiax

Do you live off of $300 a month?

If so, than it's not enough.

Yes if you are then don't even bother with the MMO niche, you must always have a roof over the head and if married that's no brainier

If you get any PMs saying they will help you DONT most are sharks trying to get easy money

Good Luck
Jason
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RS3RS

8 years ago

Don't buy traffic. Just don't.

Paid traffic won't convert into anything that makes you money. The best it will do is make your traffic numbers look better so you can brag to friends.

Thanks
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Brent Stangel

8 years ago

Originally Posted by RS3RS

Don't buy traffic. Just don't.

Paid traffic won't convert into anything that makes you money. The best it will do is make your traffic numbers look better so you can brag to friends.

Complete nonsense.

Before Adwords changed it's affiliate rules I had some campaigns for WOW guides generating $31 sales off approximately $1.10 ad spend.

I'll let you calculate the ROI.

That's just one example.

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Robert999

8 years ago

$300 is enough if you can spend it every month. For example in first month you can create a buy domain+hosting, create landing page, setup your autoresponder, write or get written 7-10 days emails for your subscribers and choose affiliate products from Clickbank to sell in your emails etc.

Once your above Clickbank funnel system is fully ready, you just need to drive traffic to your landing/optin page. Because you need more and more subscribers to earn more and more money. Suppose for every 100 visitors you get 25 email subscribers. And from these 25 subscribers you get one sale on average. Suppose average profit per sale is $50. It means for every 100 visitors you will earn $50.

Now spend money on advertising and getting targeted traffic to your optin page. Options are Facebook Ads, buysellads.com etc.

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ignaciosports

8 years ago

You have to do some manual and free ads for your internet marketing business.Search Engine Optimization is also a best way for get organic traffic and ranked.

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szaby

8 years ago

I live with my parents and i can reinvest all my money but its only 300$ a month thats it.And i can put in another 2-3 hours each weekday and about 12 hrs in weekends.I was thinking of facebook advertising first just posting daily in groups and the money that i make there plus the 300 reinvest in facebook ads.And hopefully keep growing from there.I know that i have to start 10-20 campaigns with 15 $ each and one of them will make at least a conversion then i put more money into that campaign and keep ab testing this is the general plan

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kemutgoyang

8 years ago

more than enough bro

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kazimuhith

8 years ago

It is more than enough to cover hosting, autoresponder and domain cost.

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dozohsokmo

8 years ago

it is more than enough bro

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ShawnLim

8 years ago

Well, it all depends on what business model you are using.
If I'm you, I probably will spend $100-$200 for marketing and advertising.
And the rest I will just invest into content generation/design/upgrades, etc.

When you spend for advertising, make sure you focus on just 1 or 2 until you make it works before you expand. Learn to master one before you move to the other.

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MValmont

8 years ago

Just start with kindle publishing...

I have plenty of books that make me way more than $300 per month...and I paid around $30 to have them outsourced..... ( I could have wrote them myself actually)

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maxsi

8 years ago

$300 can be good to start.

affiliate marketing / arbitrage methods can cost zero

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W450

8 years ago

You can get started with next to nothing

free traffic from social media like facebook, twitter and youtube are a good start !

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gadrian

8 years ago

You can actually start free. But the bigger your budget the more of a splash you'll create.

Your $300 monthly budget would more than cover basic entry costs for:
- autoresponder service
- web hosting
- domain name(s) registration
- paid advertising
Normally that's under $100 a month.

Additional costs may include, depending on your time, skills and what you need to hire people for:
- admin, support, programmer, designer, content creator
- paid products you need for self-improvement or to help with your online business
- more advertising

You can get away with a much smaller budget as an affiliate, but having your own site is highly recommended, next to building your own list.

Thanks

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gabryellahizon

8 years ago

It's more than enough. I started with much lesser amount and I did good. It's not about the money, it's all about how much effort you are willing to give.

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Olavski

8 years ago

Just make a list of costs you're going to make and take 20% extra for unexpected costs. Then you'll know if $300 is enough. For some projects $50 is enough, while other projects may cost $20.000

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taurbull

8 years ago

Provided you can realistically afford it then yes, this is more than enough to get started. I started out with more, but that was back then when things were a lot different.

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Is this enough money to get started

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