What would you do with a $1000 investment?

15 years ago

You got in one,the only thing I'd add is to try and contact/JV with already established sites so that they can become MEGA affiliates for you (so a win-win situataion for everyone)

But build that army and build it good!!

[ 1 ] Thanks

Signature

Make $1000's Every Month By "Cool Dude Marketing"? You Gotta Check This

{{ DiscussionBoard.errors[2525850].message }}

x3xsolxdierx3x

15 years ago

Ashley,

I'd get Market Samurai ($97), and begin writing articles (low overhead/barrier to entry)....While you write your articles, use a service like clickfive.net to outsource article writing....

Sign up with Clickbank (free), and include links to products in your author signatures/resource boxes. You could use Web 2.0 sites, or develop your own niche sites...you'll have to invest in hosting and domain if you go that route.

To get you started with IM, though, like many people do, take your earnings from your articles/affiliations and reinvest into product development, blog development, etc...

Originally Posted by Ashley

I'm talking from scratch. If you were low on money but then received a $1000 investment to launch a career in Internet Marketing, what would you do with it (with all of the IM knowledge you have right now)?

The reason I'm asking is because I am lucky enough to be in that situation. One of my wealthy friends is investing in me. But there's so so so many options going through my head that I really don't know what to go with.

I'm thinking of creating a product myself, and then using the money to outsource the tasks necessary for building organic traffic, e.g. article marketing and link building. And then I'd aim on building a team of affiliates.

How about you guys? What route would you go down?

[ 1 ] Thanks
1 reply

Signature

"the Next Squidoo, HubPages, Suite101, and eHow"
1,001 Free eBooks You Must Read to Succeed (at Just About Anything!)
"WritingTactics: Top Best Article Writing Online"

{{ DiscussionBoard.errors[2525857].message }}

Ashley Skuse

15 years ago

Is Market Samurai the same type of thing as Wordtracker? Are they both worth having, and is one better than the other?

Originally Posted by x3xsolxdierx3x

Ashley,

I'd get Market Samurai ($97), and begin writing articles (low overhead/barrier to entry)....While you write your articles, use a service like clickfive.net to outsource article writing....

Sign up with Clickbank (free), and include links to products in your author signatures/resource boxes. You could use Web 2.0 sites, or develop your own niche sites...you'll have to invest in hosting and domain if you go that route.

To get you started with IM, though, like many people do, take your earnings from your articles/affiliations and reinvest into product development, blog development, etc...

Thanks
1 reply

{{ DiscussionBoard.errors[2526218].message }}

jhornung 15 years ago

Dude,

I would recommend that you look at creating your own product. If you do things right with your research and picking of the market, you can build a list that you can sell other products too.

Plus as another poster mentioned you can recruit JV's to promote for you so you don't have to spend your bankroll on traffic, which will eat up your budget quick if your site doesn't convert.

Here's a formula that I use that works like crazy.

1) Pick a market that you want to enter. I would suggest that you do something that you know a bit about or are at least interested in. You should seriously consider the bigger markets proven to have high BUYER traffic.

2) Segment the market to find your best point of entry. Let's assume that the market you want to enter is Guitar Lessons. You won't be able to compete in that broad market. However if you think carefully about it, you can find many sub categories of that market you can compete in.

For example: Guitar lessons for teenage girls, Heavy metal guitar lessons, etc. Come up with at least 5 of these sub categories.

3) RESEARCH. Find which one of these subcategories is least served in the marketplace. Which one has good traffic but little competition? Start there.

One thing the "guru's" will tell you is that you need to find a micro niche. However they mislead you by saying you should stay away from the BIG established markets. That's the biggest lie in the world! Money is made in the BIG markets by micro niching that larger market and then expanding.

Now you need to research your competition. What is their sales process? Are they list building? Do they use text or video? What power words & phrases are they using to elicit emotion & get action? What benefits are they highlighting? What traffic sources are they using?

This is called "reverse engineering" and is now your best friend...

Take note of everything that works.

Come up with a set of 12 target keywords in this phase as well.

4) Decide your goals for your website. Do you want to build a list? Do you want to just make sales? I would recommend that you go the list building route if you want long term success.

5) Create a free offer of high value and relevance to your chosen niche subcategory - use this as your lead magnet for list building.

6) Buy a decent PLR product that addresses the main problem that your niche sub category faces and re-brand it. Also add, remove, and improve the content of the ebook.

7) Design your websites (squeeze page, sales letter/video, content) as a hybrid of what you learned is working from your competition. Make everything your own so you aren't plagiarizing!

8) Search out and recruit JV's to promote for you. Make the deal really sweet for them - like 75% commission or more. Before you choke at this number, you need to remember 2 things. 1) You haven't tested conversions of your product yet. 2) You will be building a list of buyers that you can sell other products to

9) Optimize your sales process during the time that traffic is being sent by your JV's.

10) Put your own traffic systems in place after your conversions are optimized.

When you follow this pattern you can't lose.

If you want FREE personal help to get things going, give me a PM. I've had many people help me along the way and I'd be happy to do the same for you.

Jason
- [ 1 ] Thanks
Signature

Want to double your sales in the next 30 days... WITHOUT spending another penny on marketing? Click here to find out how
{{ DiscussionBoard.errors[2526496].message }}

eflo

15 years ago

Spend half on an automated renewable system so you had a little bit of passive ongoing income, the other half on developing and taking your product to market. The drip from the passive income stream could fund ppc for your main, and if the worst were to happen, it wouldn't be a total loss with some recurring income. (something bad happens mid launch, health issues, you never know) this way you've hedged your bets and you can look forward to both passive income and the upside of your product launch.

500 should get you a return of around $25-50 a month without too much heavy lifting. If you want more in depth, just pm me as I will be creating a product around that piece. It's what I'm currently doing to backstop my other advances. In case of a failure, or unforeseen circumstance, the passive income generated has gotten me through a bind or two when I hit a snag or run out of capital.

[ 1 ] Thanks

{{ DiscussionBoard.errors[2525885].message }}

Joe Benjamin

15 years ago

I could take that $1000, and make almost $2000 profit
($3000 sales)...but there's a catch: What I do has nada
to do with Online Marketing.

One Word : Direct Mail Marketing.

Hey, asked what I would do. And that's exactly what I
would do. Because...that's exactly what I'm doing.

Options are on the table, man.

[ 1 ] Thanks

Signature

**How I FLIPPED $80 into $690 Pure Profit With ONE EASY Method...2 to 3x Per Week...Only 30 Minutes Per Day (and how YOU can COPY my RESULTS, too!) **CLICK HERE FOR VERIFIED VIDEO PROOF**

{{ DiscussionBoard.errors[2526516].message }}

Ashley Skuse

15 years ago

Thanks to all of you for the advice, and especially thanks to jhornung for taking the time to write all of that info up! I will definitely take the advice on-board.

Thanks

{{ DiscussionBoard.errors[2535803].message }}

COBSolutions

15 years ago

I would have lapped up some WSO's here, some of them are too irresistible to give up without a try

Thanks

{{ DiscussionBoard.errors[2535901].message }}

BingeSite

15 years ago

I would put in back in my upcoming online biz.

Yes I prefer long term biz as opposed to flash in the sky one time opportunity. I would use 1000$ to hire people to apply some of the tactics which I believe anyone who has purchased a few WSO would know (War room definitely , look for offline business marketing). Looks like you are in War Room so you should check out that technique , enough said

Thanks

Signature

all you can eat banner exchange - bingesite.com

{{ DiscussionBoard.errors[2535937].message }}

~kev~

15 years ago

First - I would go to amazon.com and buy one of the best rated High Definition video cameras they have - within the given price range.

Second - I would buy some of the easiest to use video editing software.

If your online project fails - at least you would have something that you can use for years to come.

Thanks

Signature

Country Lifestyle Network

{{ DiscussionBoard.errors[2536019].message }}

Benjamin Ehinger

15 years ago

I would outsource a ton of things that I just don't enjoy doing, but are necessary and I would have about 100 articles a week written for me as well.

Benjamin Ehinger

Thanks

{{ DiscussionBoard.errors[2536207].message }}

Biggy Fat

15 years ago

I would take that and build several micro niche Adsense sites, outsource the articles and the link building, get them making money, then flipping them. You'd make triple or even quadruple that.

Thanks

{{ DiscussionBoard.errors[2536345].message }}

contactscape

15 years ago

Hey Ashley,

I think your strategy's a good one already.

If you are out to create a product, then make sure you give yourself and your product an ample amount of pre-launch proofreading (let others on the Warrior Forum review your materials and improve your product).

Once you feel your product is complete and has been reviewed and modified accordingly enough times to have removed all the perceived "kinks" that could hinder its success, invest your $1000 in PPC Advertising, Adswaps, Solo Ads with competent list owners and outsource some SEO / Link Building tasks.

All the best,
Ange

Originally Posted by Ashley

I'm talking from scratch. If you were low on money but then received a $1000 investment to launch a career in Internet Marketing, what would you do with it (with all of the IM knowledge you have right now)?

The reason I'm asking is because I am lucky enough to be in that situation. One of my wealthy friends is investing in me. But there's so so so many options going through my head that I really don't know what to go with.

I'm thinking of creating a product myself, and then using the money to outsource the tasks necessary for building organic traffic, e.g. article marketing and link building. And then I'd aim on building a team of affiliates.

How about you guys? What route would you go down?

Thanks

Signature

Angelina Troy's SEPCON Project
Powerful Internet Marketing Tactics, Strategies & More..
(enjoying 70,000+ of the Craziest Fans in the IM world! )

{{ DiscussionBoard.errors[2536382].message }}

Adam Nolan

15 years ago

Start with services while you're creating a product.

Use $200 to hire someone to do a website and another $250 to pay for a full time assistant who will do nothing but lead generation for offline clients.

Use $35 to get a logo created.

Use $50 -$100 to register a business with the Govt.

On your website offer 3 different packages. Bronze / Silver / Gold... use your $250 a month VA to contact businesses in your area and set up meeting times for a free analysis.

While you're doing all this create some sort of product offer. Sign up through a hosting company that will give you adwords credits, facebook credits, etc... Use those credits to test different titles for your product.

Take payment with Paypal.

Oh... and go buy "The Four Hour WorkWeek" by Tim Ferriss.

$1000 is more than enough to get you to $5k a month in around 2 months.

I know. I did it.

- Adam

Originally Posted by Ashley

I'm talking from scratch. If you were low on money but then received a $1000 investment to launch a career in Internet Marketing, what would you do with it (with all of the IM knowledge you have right now)?

The reason I'm asking is because I am lucky enough to be in that situation. One of my wealthy friends is investing in me. But there's so so so many options going through my head that I really don't know what to go with.

I'm thinking of creating a product myself, and then using the money to outsource the tasks necessary for building organic traffic, e.g. article marketing and link building. And then I'd aim on building a team of affiliates.

How about you guys? What route would you go down?

[ 1 ] Thanks

Signature

Marketing Hacks Workshop Tonight at 8PM EST.

Tonights Hack: The incredible hidden traffic source you haven't heard about that can send thousands of targeted visitors to your website for 1.9 cents per click.

Register Here

{{ DiscussionBoard.errors[2536465].message }}

Super Affiliate

15 years ago

Step 1: pay someone to make a review site of popular clickbank products
Step 2: pay for EZA premium membership
Step 3: pay freelancers to write 300 articles pointing to your review site

That adds about $1000 and you'll thank me for this for months to come.

Thanks

{{ DiscussionBoard.errors[2536504].message }}

Super Affiliate

15 years ago

Oh and Step 4: write more articles with the commissions you're going to earn
and continue to submit them to EZA...

Thanks

{{ DiscussionBoard.errors[2536511].message }}

Scott Voss

15 years ago

Ashley,
The best advice I can give you is to decide what is the single best option for you (not necessarily the one with the highest income potential) and ONLY run with it.

There are so many good ideas, that they will become the bane of your existance. Pretty soon, you might find yourself attempting to execute a 1/2 dozen great ideas and 6 months later you might find yourself staring at zero results.

I have probably thousands of dollars of software and training that are just patiently waiting for me to act on it. It is just too much of a waste having entrepreneurial ADD.

Thanks

Signature

Get My FREE Report on Getting Clients for Your Offline Marketing Business [No pesky opt-ins!!]

WSO: Find Low Competition Markets for Your Offline Marketing Services [$7]

{{ DiscussionBoard.errors[2536568].message }}

What would you do with a $1000 investment?

Trending Topics

"Hello everyone! New member here."

Index vs. Noindex for Wix category and tag pages -- what's your take?

What is the fastest way to get traffic to an affiliate link?

Clickbank, Digistore24 or Amazon Associates

Buying passive-income KDP businesses on Flippa