$500 PER MONTH to invest. How would you use it?

Invest in high quality content for your website. Offer incredible value to your website visitors and get some SEO work done on it too.

1-2 year notes

Offer some freebies for your site and lots of free stuff. That would increase visitors.

This is what you do:

1) You find a market that has some sort of overlooked, underserved or unmet needs. EVERY market has them.

2) Make sure that the market has people willing and able to pay you to have those needs met.

3)And make sure that market falls in line with something you can do for them and be able make a convincing case that you can do it.

4)Sell to them - attract targeted leads and monetize them.

Just follow that process. And everything you do to generate money will fall under one of the following: Sales, marketing and copywriting. So learn about the fundamentals of those 3.

That's all.

Get a mentor.

invest it on PPC or CPM, that will surely increase your income. If your site contains huge visitors, you'll surely have income greater than $2k.

PPC? For someone with only basic knowledge and no experience in conversion, I think the return on investment in 6 months is bankruptcy.

Assuming you have a buisness model that works, I say buy traffic.


Andrew

Personally, I would invest the money in my marketing education. It's cool to pay someone to do something for you but when it's gone, it's gone. If you invest in yourself, and learn some new skills about how to run a real business online, that is something that you can take with you for the rest of your online career. Later, if you choose to pay someone for traffic, solo ads, seo work or whatever, you can, but you will have a working knowledge of how it all is suppose to flow together. You can never go wrong when you invest in YOU.

Invest on marketing...traffic generations too

Be especially wary of any SEO services. This is not a good way to spend money for a new venture. It takes time, and 6 months may not be long enough. Just make something of quality however long that takes. It generally takes me at least 2 years for something that is completely new niche.

Its probably good just to not use the money at all. I ask the same question but there really are no good investments in IM.

Traffic generation, hands down.

Hire 400 people ($5 each) on fiverr to write you unique articles or to give you testimonials.

Get quality content.. Content is king nowdays

Create good contents on a sub-niche website targeting long tail keywords. Gradually add other sub-niches to other websites.. Eventually, Create a naturally pyramid authority site.
These wil enable you to generate multiple incomes.

I think I will buy website that already make income from flippa...
$500 is a good price.. u can buy a website that make $50 per mo.



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A Healthier Life

I would recommend you focusing on traffic generation.

As some have stated above to use your investment for writing articles on Fiverr, I wouldnt recommend it. You aren't going to get the best quality articles for $5. You pay for what you get).

You can use your spare time to write high quality content to add to your website. Make it unique by adding your own personality to it, to differentiate yourself from others in your niche.

mostly like social media marketing or adwords.

You didn't mention what level of knowledge I had going into this exercise. So let's assume basic knowledge, the kind that could be gained by surfing this forum judiciously for a few days.

First off, Kaplan has a good outline. Follow it.

Expanding on step 4...

To make money, you need both traffic and conversions.

Start with a basic setup - website, opt-in, autoresponder follow ups. Buy some traffic to get a baseline for conversions.

Start testing. Keep buying traffic, as well as exploring 'free' methods. I'm a bit biased, I admit, but I'd spend at least part of my available time actively working on content syndication and building a productive syndicate.

Keep cycling between concentrating on optimizing conversions and finding productive traffic sources. Unless you need the business income to keep the wolves at bay, reinvest it along with your $500/mo.

I have no idea about your interests, talents or work ethic, so I can't tell you whether this will reach your $2k goal in six months. The potential is there, the realization is up to you.

Another poster mentioned investing in your education. Excellent advice, but you have to exercise good judgment. Don't try to learn it all before you start - you'll freeze up (information overload) or you'll end up jumping from project to project (shiny object syndrome). The best bet is to educate yourself on what you need to know to take the next step.

Keep learning about your chosen market and the people that make it up. Keep finding additional ways to serve them. Repeat the baseline > conversion + traffic cycle with new products and services.

Some of the advice in this thread is bloody laughable.

Create a squeeze page with a very high quality free bribe.
Create OTO page with your own product (get it created for you - couple hundred bucks)
Drive PAID traffic to sq page to build list
Test conversions on both the sq page and OTO
Test - tweak
Repeat process until your traffic costs are lower than your sales.

You've just cracked the money making code. Since you have money to invest month after month, you'll be able to test conversions without going broke. No doubt you'll lose a bit of cash in the beginning, but hey, THAT'S YOUR EDUCATION!

Either that, or listen to most of the useless comments left above by scared people who are still struggling to make money, or have taken many, many years to do so. Of course you'll have to learn a couple of things to get to where you need to be, but I think you already know there's always a learning process.

It depends on your offer and your target audience. Not everyone is reached the same way.

Use $250-$300 of that to get yourself a virtual assistant to relieve you from all the tedious work like backlinking so you can focus on more important aspects of your business or projects...

As a newbie, just wondering how many ppc or pcm can you buy for $500.00 per month.