$1000 Budget. Where do I Start?

by dmor71
53 replies
If you had $1000 to start off with. How would you use it to kickstart an online marketing venture?

I'm open to anything. Affiliate marketing, CPA, WSOs, Face Book Ads.. whatever.
#budget #start
  • Profile picture of the author Shana Walters
    Me personally I would try blogging plus affiliate marketing or Kindle publishing.

    Gorgeous Lucky Bitch,
    Shana Jahsinta Walters.
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  • Profile picture of the author Nicole Sakoman
    Originally Posted by dmor71 View Post

    If you had $1000 to start off with. How would you use it to kickstart an online marketing venture?

    I'm open to anything. Affiliate marketing, CPA, WSOs, Face Book Ads.. whatever.
    Please tell us little more about your skills and interests... then we'll have better answer
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    • Profile picture of the author menjac21
      this is a signature right lol you can put a website if you want lol

      so are you saying that you buy some supplement from a company you make new design on the bottle and then ressel it? Is This Not Illegal.
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      • Profile picture of the author BigFrank
        Banned
        Originally Posted by menjac21 View Post

        this is a signature right lol you can put a website if you want lol
        Signatures are restricted to 2 lines. You're using 5. Follow the rules!

        Frank
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  • Profile picture of the author gamestoenjoy
    The best way will be to build a website, promote it and then put ads on it and start to earn money.
    You can invest your money in paying people to build your site and to pay for SEO (if you don't know how to do it by yourself).
    I made my site (in my signature) two years ago by myself. It is quite successful, and I earn money from the ads placed on site, but it took me a lot of time and effort to reach this point.
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  • Profile picture of the author Gambino
    I'd source the cheapest weight loss supplement I could find for $4.17 per bottle (minimum 50 bottles). Set up a funnel with click funnels. Drive traffic with Facebook ads.

    Product costs: $208.50 + shipping and/or fulfillment
    Click Funnels: $97.00 per month

    That leaves $694.50 to spend on design and ads.
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    • Profile picture of the author Mailetize
      Aren't Weight loss supplements are hard to fun on facebook?
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  • Profile picture of the author Frank Donovan
    Originally Posted by dmor71 View Post

    If you had $1000 to start off with. How would you use it to kickstart an online marketing venture?
    How do you have a "budget" without a business idea? That's like saying you've got 20 gallons of gas, now where should you go? The business determines the budget, not the other way around.

    And a budget of $1,000 is neither here nor there. If you're just looking for a cash-producing hobby, you might only need a hundred or so to get going. A business could require funding of several thousand.

    Choose what you want to do first, then work out what your budget needs to be.
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  • Profile picture of the author shaunybb
    Hey there!!


    Your already setting yourself up to fail, you need to focus on one thing and then master that!


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  • Profile picture of the author agmccall
    I have not seen one of these posts in a long time. I thought, thank God no more of these questions. But, then, one shows up. Let me know what you want to do. Who cares how much money you have, it is meaningless. You need to know what you want to do then figure how much money you will need.

    al
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  • Profile picture of the author aizaku
    with out a skill or knowledge base on how to find a niche,

    set up a funnel and squeeze page, lead magnet etc..


    its like you're asking how to burn money

    -Ike Paz
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  • Profile picture of the author Don Mann
    I would find a mentor. Who can stear you, in the right direction. Ex. Marketing, website building or developing a product or service. Someone, who have been, were you are right now. To help you, get to your goals in life.
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    • Profile picture of the author nichegooroos
      Originally Posted by Don Mann View Post

      I would find a mentor. Who can stear you, in the right direction. Ex. Marketing, website building or developing a product or service. Someone, who have been, were you are right now. To help you, get to your goals in life.
      Well said, that's what I recommend. I didn't have a mentor so I had to learn through "trial and error".
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  • Profile picture of the author DIABL0
    There is a big world outside of IM / MMO niche and nor is it required that you sell anything, to make money.

    For the the past 16+ years, I have been promoting PPL (pay per lead...lead generation) offers.

    The reason why is simply because there is no credit card required / no purchase necessary for a user to complete an offer. All they have to do is fill out a form, so the conversion rates are typically much higher, than offers that require a sale to be made.

    I favor PPL offers that have a make, get or save money benefit to them, as this is what has overall worked best form. As they tend to have the greatest mass appeal (will be of interest to a very large audience), so the potential to produce high volume exists. Plus, I have always found them easy to cross promote.

    Most of the offer that I promote pay $20-$40 But there are good offer that pay pay less and more. I have run offers that have paid under $10 to several hundred dollars per lead. However, the payout alone is not what is important. You also have to look at your average conversion rate. An offer paying $9, that is converting at 2x+ of a $20 offer will perform about the same. However, a $90 offer may convert so poorly, that it may not be worth running. So just because someonething pay more, is a guarantee it will make you more money. You have to test!

    Some of the verticals I have done extremely well with are: insurance, education, mortgage, credit, debt, loans, homeowner offers, etc...

    To me, it is all about the path of least resistance to getting conversions / $$$. It is far easier to get someone to fill out a form, than it is to take out their credit card and buy something.

    Anyway, something to think about,
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  • Profile picture of the author trapybp
    If I had a $1000 budget the first thing I would do is read up on all the different methods out there, then choose a proven method. Not some NEW SHINY OBJECT. You are building a business so stick with the tried and true methods. Honestly if you have 1k to invest then purchase a reputable course on the method of your choice and use the remaining budget to take action on that plan. I started off in ecommerce, and I actually spent about $1200 on facebook ads before I was actually making profits! I made my first sale after about $500... in reality 1k isn't much, just depends on what you choose to run with. The best advice I can give you is to stick with one method and master it before moving onto anything else. Don't jump around spending money on different things. Good luck!
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  • Profile picture of the author Shawn Arms
    Nope. Start a video business.

    I don't work for these guys or anytihng but this stuff works.
    White Label Reseller Solution - 100% Custom Whiteboard Videos, Animation & Video Scribing

    It helps me make money. Get them to setup a page for you and then get on craigslist and hire a sales force of 10-20 who work on commissions.

    Setup a payroll software and release your salesforce.
    Give yourself a 40% profit margin and pay them $100-200 per sale. They need to sale 10 a week for them to make 1,000 dollars. You have 10 guys selling 10 a week and you profit 200 per video then you do the math. Boom.

    If you make this work then please donate to my special project.
    I make money doing this myself but spend in life and work 2 days a week.
    My side project is making movies and cartoons. LOL. Okay don't donate but try this idea with your 1,000 dollars.
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  • Profile picture of the author JohnVianny
    Start BUILDING YOUR LIST

    It's the only asset you will have.
    You dont have control on adsense, on visitors on your blog etc...

    However you can have a control to your email list, and how to grow it with the profits you make with the email list.

    Remember: Money is in the List. The List is the only asset you will have.
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    • Profile picture of the author davejarvys
      Originally Posted by Connann View Post

      Start BUILDING YOUR LIST

      You are going to have to explain this one I'm afraid.

      The op doesn't know his market or what niche he is going to operate in. There is no sense of knowing a route to market or having any kind of business plan.

      So how is he meant to start building his list?

      How does he target people to get on the list?

      What are they signing up for?
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  • Profile picture of the author celente
    Connann had the best answer in here.

    I was down to my last $1000 and when I did that, I now own two houses, and drive a Merc.

    But to me, its all about FOCUS, FOCUS and if you hone in on LIST BUILDING there no regrets, as you have an ASSET for life.
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  • Profile picture of the author gluckspilz
    Hey OP. If you're open to anything then just do your own research and pick a method that you feel most comfortable with. The answers you'll get for asking such questions will just be "Blogging, List building, YouTube, CPA, Etc Etc". It won't go anywhere and definitely will not help you.

    $1,000 is a decent "Low Budget" range so keep that in mind when picking a method.
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  • Profile picture of the author mjcole76
    You can start by figuring out what you really want to do, pick one category whether its cpa marketing, product creation , affiliate marketing, or whatever u decide, and when u do decide, find someone who is an expert in the field you are trying to learn, and learn from them, otherwise you might as well give that thousand dollars away.
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  • Profile picture of the author hynds
    I think you should start with your passion, blogging with your knowledge and earn with your strong skills.
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  • Profile picture of the author JosephVictory
    No matter what you do make sure to invest 90 percent of that money to build your list.
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  • Profile picture of the author lead Alligator
    I would start out by doing launch jacking or join Wealthy Affiliate.

    Launch Jacking via Youtube is one of the fastest way to make money online.

    But be honest in your reviews. Do not hype or say something thats not true.


    You can find products to promote on Muncheye.com
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  • Profile picture of the author kandabrewer
    Hi, you made a good start by asking for advice at WF! There are two aspects to your question:
    1) the method to market your product and
    2) what you're going to market, i.e.,, your niche.

    The how part is fairly straightforward. In my view, there's two types of marketing:

    1) one where you're always spending money for traffic to seek out potential customers/affiliates and
    2) one where you're attracting customers to you, like building a website about, say, martial arts, that promotes you as an authority in the subject and attracts people interested in the subject.

    The first method can bring in more money more quickly but has less growth potential. The second is slower to bring in money BUT it will continue to grow your authority on the Internet and expand your potential for sales.

    There are also other considerations: For example, you can make money particularly quickly with affiliate marketing because it does not involve making your own product to sell and is often accompanied with pre-made sales funnels and advertising materials.However, if you make your own product, like an information product (ebook) or app, it will take longer but all the profits are yours.

    Fast, good, cheap - pick two :-(

    That being said, the MAIN THING is what subject interests you? What niche will keep you interested while you research all its aspects and find out who your competitors are and what they are doing and why? What topic can you read about day after day without getting bored? What subject makes you excited when you talk about it to friends? THAT is the niche you should select.

    Because you're going to have days when you're discouraged and wondering wtf and if you're not passionate about your subject, it's that much easier to just give up. So think first about your niche and THEN consider your method.

    Good luck!

    P.S. It's really easy to piss away $1000 in marketing. Facebook ads and Adwords are notorious for being money pits, so watch out for these, unless you know what you're doing.
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  • Profile picture of the author Veritas123
    First of all, you should tell us more about you: your skills, your ambitions and dreams, your pasions, otherwise all the advice we can give you will not have any context at all.

    If you really want to spend all that money, I will say that the first step is to find a niche and start working on that, you can really make some good investments on ads and stuff like that.
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  • Profile picture of the author SEOMastery
    1000$ is enough to get started for long term income if you can utilize all of your bucks.

    # Hire article writer who will write articles for your blog
    # Hire seo expert to seo the blog
    # Get an adsense account to monetize your blog

    Keep posting your blogs article periodically & keep seo it. Once you will get your site ranked, your 1000 will multiply for your long life & sure income.

    Good Luck Blogging!
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  • Profile picture of the author khabirul
    Hi guys,
    If you really want to spend all that money, I will say that the first step is to find a niche and start working on that, you can really make some good investments on ads and stuff like that.

    Khabirul
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  • Profile picture of the author rudi
    It depends on what Youreally want to do. Do you have time to spare or are you looking for $1000 to pay someone else to do it for you (in which case don't bother as you will lose your $1000 and get nowhere).
    Personally I would build a product and a website, then spend some money on social media advertising, get an ROI, re-invest, improve the product offering etc and keep going from there.
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  • Profile picture of the author 4DayWeekend
    In terms of budget - you really only need a fraction of that to get started - hosting, domain name and autoresponder are the only essentials required. You can get all of those for $20 per month.

    I would then decide which of the many ways to make money online is best for your personal skills. Then invest some of your own time to get the ball rolling. When you start making money, you can invest cash in scaling things up.

    For example, some people are great writers so choose to blog (throwing affiliate promotions, or advertising revenue into the mix), others are great presenters so choose to vlog or create funny videos, others are fantastic teachers and go down the product creation route. There's no one size fits all solution.

    If you choose to blog and see your posts gaining some traction, you can then outsource articles to scale things up. Likewise if you choose video, you can invest in better equipment or animated intros to improve your channel and so on...

    Really, as a blank canvas, it's almost impossible to advice you because there's millions of ways to spend $1000. One person could advise you to spend $1000 on Alibaba products to sell on Ebay while someone else could advise you to spend it on having a information product created for you to sell. The reality is, both ways to could succeed or fail, depending on you, because there's always some of your own knowledge required. That's why I'd always suggest deciding which method best suits you before spending money.
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  • Profile picture of the author discrat
    Buy some high quality Content slap it on a blog. Build up through social media. Buy some Facebook ads.

    Typical stuff. Not rocket surgery or brain science
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  • Profile picture of the author shmol
    What are you interested in.

    Would having to write, say, five blog posts a week, drive you crazy.

    Or would you rather write one short kindle book per week.

    What other places do you hang out on line--what are your interests.

    Once you figure this out--pick one of those interests--then figure out what business model suits you--not just the one you think will make you the most money.

    For example, I love have one big project to work on--like a blog--while other people, would prefer setting up a site--buying traffic--making it profitable--and then moving on to another site.

    Lastly, don't get stuck in the research phase forever though, pick a niche--pick a method you think you can stick with

    And get started.

    Hope this helps.
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  • Profile picture of the author Project Sniper
    Originally Posted by dmor71 View Post

    If you had $1000 to start off with. How would you use it to kickstart an online marketing venture?

    I'm open to anything. Affiliate marketing, CPA, WSOs, Face Book Ads.. whatever.

    In an SEO \ affiliate marketing sense

    build a brand site that focuses on AMazon stuff
    or
    make 15 niche sites and rank them


    you have to decide...its impossible to conclude that you will actually make money from anything you pursue...you will only learn after you've spent your money..
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  • Profile picture of the author YourBizAid
    Banned
    Have someone with a great reputation setup a great high converting affiliate sales funnel for you and drive traffic to it. Within 2 weeks you can break even on your investment. The rest is pure profit.

    Just make sure you know what you're doing in terms of traffic generation and optimization or you will be losing your money fast.
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  • Profile picture of the author asepkomara
    Create or have an expert to create a product then submit it to affiliate network such as clickbank.
    That really works.
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  • Profile picture of the author farrow26
    Hello there,

    Split test $500 with different niches and promotions. Pick the one which gives high ROI, invest your remaining $500 in that. Double your investment, rinse and repeat this procedure.

    Thank you.
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  • Profile picture of the author maxsi
    Business education is very important => to start a business

    by the way you can have it for free, with zero budget. Actually you can start a business and have traffic to it with $106, so you save $894
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  • Profile picture of the author mojo133
    If you want to start with $1k -- My suggestion is Youtube ads & Amazon Affiliate site. Low risk & enough budget. Another thing doesn't invest all in one thing
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  • Profile picture of the author wrcato2
    I would find a niche that you are interested in and then create a FB group. Give good advice and manage that group. THen you should start a list and tell people in your group about it. THen find affiliate offers or create your own product or guide.
    If you go with your own product, I would build an affiliate center (A site for affiliates only.) Offer 100% commissions and build a buyers list. Rinse and repeat. Or build out a marketing funnel with high and low ticket offers.

    55 isn't to old to start as long as you enjoy learning curves. IF I were you and had $1000 to spend I would go with my own product. Hire out what you don't know how to do, and focus on your product.
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  • Profile picture of the author Colin Meunier
    1. get a funnel set up with a opt in page. and autoresponder. in fact you can do this both on aweber free for 30 day trial. Or use TCP.. for $1. trial ( i use both)
    2. sign up for cashnetwork or other Payperlead. CPA.
    3. get rotator and tracking software with QCC or something..
    4. load payperleads programs or CPA in there. and use them on the redirect after opt in.
    5. buy funnel clicks.. .35 - .40 per click. buying 2500 - 3000 clicks.. to your page.
    --- you should have close to 1500 on your list now.
    6. take money from cpa payperlead. etc. and buy more traffic.
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    • Profile picture of the author Sheikh Gee
      Originally Posted by Colin Meunier View Post

      1. get a funnel set up with a opt in page. and autoresponder. in fact you can do this both on aweber free for 30 day trial. Or use TCP.. for $1. trial ( i use both)
      2. sign up for cashnetwork or other Payperlead. CPA.
      3. get rotator and tracking software with QCC or something..
      4. load payperleads programs or CPA in there. and use them on the redirect after opt in.
      5. buy funnel clicks.. .35 - .40 per click. buying 2500 - 3000 clicks.. to your page.
      --- you should have close to 1500 on your list now.
      6. take money from cpa payperlead. etc. and buy more traffic.
      can you tell me how to sign up and got accepted into cashnetwork?
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  • Profile picture of the author Julien Fletcher
    Save it and set yourself a goal of building a free blog wordpress, get a hoster account at hostgator - over the first year see how much FREE traffic you can get and sales. Focus your blog on a Niche market say - sports goods. Join amazon affiliate and start to advertise a few products and give reviews. See if you can get that blog top of the rankings on google - WITHOUT spending any money on advertising. Set aside 25 dollars for ebooks (i have a load on my site at one dollar a pop) and LEARN....!
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  • Profile picture of the author Swapnil Tiwari
    I'd invest in Clickbank.
    Making microniche sites for various products, with the amount of money you can invest.

    You can outsource everything; content creation, SEO, SMO!
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  • Profile picture of the author celente
    all of the smart people in here who are light years ahead of other warriors are telling OP>

    1) Write a plan

    2) Get a list of prospects

    3) Help them.

    4) Sell them stuff.

    If you do this, you have already won this game. End of story.
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  • Profile picture of the author Ronal Mason
    Great Idea. CPA is good but in need continuous investment. i think facebook ads and affiliation is very good. and $1000 is big money for srart anything. can you please give me some tips how can i start facebook ads work?
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  • Profile picture of the author leader
    The answer to your question really depends on what you bring to the table. For instance, if you happen to have a specialized level of knowledge of expertise in a topic people are genuinely interested in, then product creation would be the way to go. This could be something related to the industry you work in (which was how I got started and quickly built my way from 0 to a 6-figure income in under 2 years), or personal interest you are passionate about (and other people are too).

    Affiliate marketing or CPA offers is probably your best bet if you dont bring that kind of specialized knowledge with you. Your only cost is to run paid traffic, and your time. It takes some money to learn to run paid traffic (a few good courses, and then the money to experiment with campaigns), but if you can master that skill, you can write your own ticket for the rest of time.

    Back in the day, the easy answer would have been "Blogging", but unless you REALLY know what you are doing, that ship has now sailed. I had an authority blog that made $50,000 a year for a decade -- just on Adsense alone (and I had other revenue streams as well). It was filled with my own unique, original quality traffic that my visitors loved - but I could go MONTHS at a time without adding anything new, and literally make $200-$300 a day, every day, on auto-plot, in my sleep, without touching it. Unfortunately, in the last few years Adsense payouts have really declined, for a lot of reasons, including the fact that so many people are using Ad Blockers, so its not the gravy train it used to be.

    So I guess, my best advice to you would be - take that $1000 and use it to learn how to MASTER paid traffic (primarily PPC or small media buys). From then on you'll essentially be able to print your own money. There are so many ways to earn a living online, but it all starts with traffic. That's obviously at the very root of it all. You can have an amazing, high demand product or offer that delivers solid value and solves people's problems - but it can do nothing for you if you don't know how to get traffic to it.

    Hope this helps!
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  • Profile picture of the author Emmanuel Sopitan
    It will largely depend on your skills, knowledge and experience.

    Else the money might g down the drain
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  • Profile picture of the author YasirYar
    Originally Posted by dmor71 View Post

    If you had $1000 to start off with. How would you use it to kickstart an online marketing venture?

    I'm open to anything. Affiliate marketing, CPA, WSOs, Face Book Ads.. whatever.
    I would start without spending a dime (for the most part).

    I would just email business owners in a certain niche & offer them a solution to one of their problems.

    My stats tell me that if I email 100 people, 2 will sign up.

    Yes the process is tedious but you will get results.

    Keep following up with people who don't respond.

    In 3 months you will have at least 5 clients if you send out 30 emails a day.

    The idea here is to write personalized emails which actually provide value.

    Hope that helps!
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    • Profile picture of the author Brent Stangel
      Originally Posted by YasirYar View Post

      I would just email business owners in a certain niche & offer them a solution to one of their problems.

      My stats tell me that if I email 100 people, 2 will sign up.

      Yes the process is tedious but you will get results.

      Keep following up with people who don't respond.
      My spam box literally contains thousands of these...

      My advice to the OP is keep that money in your pocket until you know what you need to spend it on, by learning first.
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  • Profile picture of the author EPoltrack77
    Id first learn about how to drive traffic and convert that traffic into leads and sales. Once you master that then you can scale up. Learn about a marketing or traffic method that you like and then always start small with your advertising to make sure both your landing page and website converts.

    Id go with PPC with one of the major networks because it is some of the most targeted traffic you can get based on your keywords.
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  • Profile picture of the author menjac21
    personnally i would start with a mentor in what you want to do because all alone you never know if what you've been sold is the right thing and on internet there's a lot of scam. Find Someone on facebook who has a big really big following usally it means that people receive their value from the person. Do Your Due Diligence on internet. i suggest you follow these guys they made me money and made money to a lot of students and they are transparent they give you all the tools you need and ******* upsells i hate upsells when i have to buy it to being able to start. vick strizheus 8 fig earner, chris record same thing justin verengia and a lots of others. teach yourself to be the guy that people follows who has influence a big authority and your gonna be in business because all business is about people know yourself and how your body and mind works and you can help anybody else
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    I Work With A Big Influencer Vick Strizheus Follow Me On Facebook For FREE Tips pm me

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  • Profile picture of the author hansonbc
    Yes, if you choose to blog and see your posts gaining some traction, you can then outsource articles to scale things up.
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  • Profile picture of the author absolutelee
    Forget the money to invest. Find the right niche. Then market to that niche in a way that works for them.
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