What is best to invest in IM for beginners with tight budget?

38 replies
I'm a beginner in IM and want to invest some money. I have a really tight budget, just about $300 . My goal is to make a few hundred dollars in the first month. What tools, software or programs do you recommend?
I'm considering Bring The Fresh and Market Samurai. What's your opinion on these programs? Is there anything else that I should buy to start off nicely?
Hope you'll help me
#beginners #budget #invest #tight
  • Profile picture of the author Tom Addams
    Only ever invest money in IM when you know what to invest in. That's my advice.

    Edit: That reads harsh, and it isn't meant to be. Truth is, you can blow throw $300 in minutes, and 90% of the time a newcomer will spend it incorrectly. Software is only useful if you know methods for which it can be used, media buys require hundreds / thousands to become profitable (usually). Your best bet right now is to invest in your education (free) and then you'll know.
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  • Profile picture of the author daled123
    I would make or outsource a lead magnet for the niche your working in.
    Then invest in an auto responder to start your list. Add a follow up sequence.
    Then invest in solo ads to get traffic to the squeeze page.(Invest some money into a domain name and hosting)
    Build a relationship with free valuable content and finally promote products to the list, either your own product or ones from affiliate marketplace.

    Have fun.
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  • Do what I did when I started, do services! I use to make websites! Work pays, you are not going to get rich (You might) but you will make money and develop skills like selling, customer service, management, getting organized etc... Then you can scale from there.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by David Austen View Post

    I'm a beginner in IM and want to invest some money. I have a really tight budget, just about $300
    You have about five times as much as I had, when I started.

    Originally Posted by David Austen View Post

    My goal is to make a few hundred dollars in the first month.
    Ah, I see ... that's rather different, admittedly (I didn't think that would happen, and it didn't. Maybe it would have been better for me if I'd imagined it might have done, though?).

    I started off with $60 (all you really need is a domain-name, and some hosting and an autoresponder subscription paid for 2-3 months).

    There wasn't ever a point at which having another $240 (or even $2,400) would have made my income any faster, more secure, more reliable or bigger.

    Originally Posted by David Austen View Post

    What tools, software or programs do you recommend?
    A domain-name, and some hosting and an autoresponder subscription paid for 2-3 months. Say $60, all-in.

    Originally Posted by David Austen View Post

    I'm considering Bring The Fresh and Market Samurai. What's your opinion on these programs?
    I don't know enough about Market Samurai to comment, but I've never needed it. All the people I know who bought Bring The Fresh asked for refunds because they thought it was so bad (I'm only talking about 3 people, admittedly).

    Originally Posted by David Austen View Post

    Is there anything else that I should buy to start off nicely?
    No, not "buy". To make money online, you need to learn how to sell things, not buy them.

    In so far as anyone can answer at all, without knowing what sort of business you want to set up, of course. But here's the thing: if you're going to be paying for traffic, $300 probably isn't nearly enough to get started anyway, so I'm assuming you're thinking of a "free traffic" model of some kind?

    Mind you ... in your signature-file you're promoting something about a residual income of thousands, per month, so shouldn't you be telling us all this stuff? And why do you have only $300?

    .
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  • Profile picture of the author Tom Addams
    Just want to say: excellent answer, Lexy. You've given the OP some really solid advice.
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by Joseph Villanueva View Post

      Autoresponder about 50$ a month
      Not so much: GetResponse $15 per month ($12 per month if prepaid for a year), or Aweber $19 per month.
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      • Profile picture of the author snakeyes37
        Originally Posted by Alexa Smith View Post

        Not so much: GetResponse $15 per month ($12 if prepaid for a year), or Aweber $19 per month.
        That all depends on how many subscribers you have. It can cost as little as $15 or as much as $450 a month. Of course we're talking about a huge amount of subscribers.
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  • Profile picture of the author Trey Morgan
    Bring the fresh will teach you how to build sites and rank them with seo. I'm not a big fan of seo, but you will get access to a community of like-minded individuals and if you focus solely on the bring the fresh methods for a while, you will learn a lot about creating google-friendly websites and tanking them high in the search engines. The owners of the product have been successful online for years and the content is updated every so often, so you won't be wasting time with outdated methods.

    Hope that helps.
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  • Profile picture of the author nicholasb
    If you are on a tight budget product creation is the way to go for sure. IT's a lot easier than people make it seem and is the fastest way to make money.

    If you need money quick SEO is the last thing you should do, you'll be living on the streets before you ever get that to take off.

    If you create a good product in a niche with a lot of competition you can plug into existing networks of traffic. You can JV with people who already have the audience you need to get traffic and you can almost turn on an income stream pretty quick.

    $300 bucks should do the trick
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  • The only things that you really need are a domain, hosting and autoresponder and a knowledge of what to do with them.

    One thing that I want to sure with you that is invaluable is don't get caught up in purchasing a bunch of shiny objects (Money Making Methods that seem to good to be true or do make money but won't last forever)

    When it comes to making money online there are 3 business models that work 1. selling a service 2. Creating and Selling your own product 3. Selling someone else's product for a commission (affiliate marketing)

    #2 and 3 are the big money makers. #1 is a great way to start earning and to put money aside for future endeavors.
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  • Profile picture of the author andrewkar
    Originally Posted by David Austen View Post

    I'm a beginner in IM and want to invest some money. I have a really tight budget, just about $300 . My goal is to make a few hundred dollars in the first month. What tools, software or programs do you recommend?
    I'm considering Bring The Fresh and Market Samurai. What's your opinion on these programs? Is there anything else that I should buy to start off nicely?
    Hope you'll help me
    There is a bumpy road in front of you but, don't be scared. You will be fine if you are persistent enough.

    Now to answer your question.

    Take those $300 and keep it somewhere where you can't touch it. I know it may sound harsh but this is what I would do. Leave that $300 somewhere safe and through the key as ASAP. Go and read forums where people make $ (Some people here are doing GREAT). Learn from them and try to make some friends. Don't know your background or skills but just try to learn how to work with Wordpress, read about copywrting and human behavior. Think about your natural gifts and skills you have acquired and how your could use them in the online world.
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    Do what you want to do!
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    • Profile picture of the author prbarton
      Put you money somewhere you can't get to it is the best advice I've seen here. Most of what ANDREWKAR said is pretty right on.

      Someone else suggested getting a mentor. A mentor is great if you have some idea of who you are and what you want to do. They can help you get to your destination. But, if you haven't a clue . . . spend some time exploring, asking questions and (especially) building relationships.

      In all likelihood the only money you will make in your first month is the money you don't spend. Grandma always said, "a penny saved is a penny earned".

      Good luck
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  • Profile picture of the author Chris30K
    I would invest in a mentor or a coach - trust me, it's the best money you can spend.
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  • Profile picture of the author cyberzolo
    First things first, I'm not trying to discourage you but you will probably not make a few hundred bucks in your first month if this is your first time in IM. With $300 you could easily buy hosting and an autoresponder for a Wordpress website. If you need some tools to start a blog click HERE
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    • Profile picture of the author Steve B
      Personally, I think it's too early for you to invest smartly.

      Yes, you will eventually need hosting, an AR, and domain name . . . but I think you should first do your market research and figure out what interests you have, what niche you want to attack, and lay out a game plan for how you're going to proceed. All this can be done with a computer and an Internet connection. Your niche will most likely help you to determine what domain name you want and what type of site you're going to create.

      When you've done your market research you will better understand what kind of a marketing approach fits the audience you're going after because you'll know where the demand is and how you're going to meet it.

      The very best to you,

      Steve
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  • Profile picture of the author hardworker2013
    Bring the Fresh is a good course, you should go through it thoroughly to understand the steps to take in IM. Market Samurai is a good tool but i think you are too inexperienced at this time to use it.
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  • - You should invest in learning how to use wordpress
    - I found this crash course the other day
    Lazy Ass Stoner Crash Course: Welcome to The Lazy Ass Stoner Crash Course
    - whatever funds you have left over, use it to market on facebook


    You most likely wont make any money following BTF and market samurai. Trying to rank is a waste of time, focus on social and if you rank than good for you but dont focus on ranking focus on marketing.
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  • Profile picture of the author cherbeat
    Listen there will be a lot of people who will tell you to invest in hosting, websites, etc. I say save your money. Start on Facebook with a Fan Page (Look in my signature). If you have 300 as your startup then you can focus on keeping as much of that in your pocket (initially).

    Pick something you are comfortable with that you can speak with some degree of certainty. Use a Fan Page to get your message out there. There is a huge audience that will be interested in your message.

    If you don't understand web development then stay away from it (No matter what anyone tells you). It will only take away from your progress (Use web 2.0 properties if you want to put up content because it is free) and I only say that because there is no reason to pay to learn something and pay to learn it when you can go the free route first. For instance if you want to learn Wordpress then use the Free version and start a free blog or use Blogspot.com if you want to go that route.

    Start up a YouTube Channel and put out content (It's free). I still believe using Facebook Fan Pages is bar none the easiest way to start your efforts. You can borrow content from all sources (Videos, Memes, Articles, gifs, etc) and populate a Fan Page.

    If you want to invest in anything then invest in an autoresponder (Aweber, GetResponse, SendReach, etc) and I believe there are free autoresponders out there.

    Don't just waste your money when you can use the FREE resources to build up content and monetize with (Autoresponder, Affiliate product, CPA offers) and then drive traffic to that post. So let's just say that you do a video promoting a product and share it on your Fan Page and then do a promoted post for $5 (or whatever your budget is) and get views, and potential buyers.

    My suggestion is to start with something for free and use those platforms to help build up your knowledge then dive in when you are skilled enough to manage it.

    Either way I speak from experience that when I first started I lost a lot money time and effort for no reason to only teach myself something that I realized I didn't like doing. I am really good at it but I let other people worry about that stuff now.

    I wish you luck!!
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    • Profile picture of the author anders83k
      Originally Posted by cherbeat View Post

      Listen there will be a lot of people who will tell you to invest in hosting, websites, etc. I say save your money. Start on Facebook with a Fan Page (Look in my signature). If you have 300 as your startup then you can focus on keeping as much of that in your pocket (initially).

      Pick something you are comfortable with that you can speak with some degree of certainty. Use a Fan Page to get your message out there. There is a huge audience that will be interested in your message.

      If you don't understand web development then stay away from it (No matter what anyone tells you). It will only take away from your progress (Use web 2.0 properties if you want to put up content because it is free) and I only say that because there is no reason to pay to learn something and pay to learn it when you can go the free route first. For instance if you want to learn Wordpress then use the Free version and start a free blog or use Blogspot.com if you want to go that route.

      Start up a YouTube Channel and put out content (It's free). I still believe using Facebook Fan Pages is bar none the easiest way to start your efforts. You can borrow content from all sources (Videos, Memes, Articles, gifs, etc) and populate a Fan Page.

      If you want to invest in anything then invest in an autoresponder (Aweber, GetResponse, SendReach, etc) and I believe there are free autoresponders out there.

      Don't just waste your money when you can use the FREE resources to build up content and monetize with (Autoresponder, Affiliate product, CPA offers) and then drive traffic to that post. So let's just say that you do a video promoting a product and share it on your Fan Page and then do a promoted post for $5 (or whatever your budget is) and get views, and potential buyers.

      My suggestion is to start with something for free and use those platforms to help build up your knowledge then dive in when you are skilled enough to manage it.

      Either way I speak from experience that when I first started I lost a lot money time and effort for no reason to only teach myself something that I realized I didn't like doing. I am really good at it but I let other people worry about that stuff now.

      I wish you luck!!
      I agree with cherbeat,start out with using the free stuff. By doing so you will learn what is working and what does not. When you got this right you can start on focusing on learning to make good squeeze pages (where people enter their e-mail addresses) and computer programs for making these and doing homepages using WordPress.
      Buying solos without having a good squeeze page and a sales funnel ( linking the offers using upsells and down sells) is a big waste of money.

      I wish you best of luck!
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  • Profile picture of the author David Austen
    Really helpful guys thank you A LOT I believe the information I find here will be much more worthy than tons of paid stuff out there. Anyway I'll try to keep that $300 safe and sound, then dive into the market, do research, build from the ground up....

    What I'm really wondering here's that if you invest in the hosting and autoresponder services, how can you get quality, targeted traffic in your squeeze page WITHOUT SEO and really start building your list? I know if you have a list then things will be much easier, but for beginners like me, I can't even build one! What's your advice?

    And also, if I use free platform like blogspot, wordpress, will it affect my ranking in Google compare to other paid hosting services?
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by David Austen View Post

      And also, if I use free platform like blogspot, wordpress, will it affect my ranking in Google compare to other paid hosting services?

      It doesn't matter
      .

      It would be so unwise to use something like that, for so many other reasons, that "how it ranks" would be the very least of your problems. This post (and a few hundred other posts/threads) will tell you what you need to know about Blogger: http://www.warriorforum.com/main-int...ml#post9412758 (read the whole thread - there are plenty of "suggested alternatives" in there, too ).

      Besides which, if you're going to be an affiliate marketer, "how your site ranks" will hopefully not be much of a consideration to you, anyway? http://www.warriorforum.com/main-int...ml#post8659398

      .
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  • Profile picture of the author pcumm200
    I've found there is so much to learn and so many ways to get IM either right or wrong or even somewhere in between (no mans land). I suggest find a coach with a proven model. Coaching can be Formal or Informal. Formal coaching should get you some structure by following a set course of action, written teaching, tutorials, etc. You should get assignments and reading materials too and the ability to ask questions of your coach. I would not recommend to just get books and videos with no support coaching. The feedback from a successful coach can be gold. Plus they keep you moving in the right direction. Finish a project with a coach and you will learn heaps.
    Informal coaching is less structured and if you are not sure of your direction it may not be as helpful as you would want. If you find coaches on this forum just read the threads about them to help in your decision making. My personal choice would be a coach teaching your own product creation.
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  • Profile picture of the author talfighel
    Originally Posted by David Austen View Post

    I'm a beginner in IM and want to invest some money. I have a really tight budget, just about $300 . My goal is to make a few hundred dollars in the first month. What tools, software or programs do you recommend?
    I'm considering Bring The Fresh and Market Samurai. What's your opinion on these programs? Is there anything else that I should buy to start off nicely?
    Hope you'll help me
    Investing the $300 once and then expecting $100's per month in income is not a realistic goal and you are bound to fail with this strategy.

    If you are promoting affiliate programs that pay you residual income, then I would invest that $300 every single week on effective paid ads for about 10, 20, 30 weeks. Then at the end of that time, your income per month will grow to where you are earning a few grand depending on what you are promoting.

    So spend $300 in your first week and then see your numbers. Then you will know how much and for how long you are going to need to invest that $300 per week.
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  • Profile picture of the author EPoltrack77
    Well set aside a budget. Your will need some money for a couple of tools such as a website name, hosting and an autoresponder. The domain will cost you around 10 bucks for the year while hosting and an autoreponder will run you around 30 dollars per month.

    Making money in IM all comes down to supply and demand. Create yourself a landing page then nurture your list with good, valuable content and products.
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    Working to achieve higher results...
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  • Profile picture of the author JohnZ
    For the start, get a domain name and hosting. Set up a WordPress blog and add content. Make sure you have a marketing plan. As your blog grows, you'll figure out which plugins and apps you really need.
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  • Profile picture of the author Randall Magwood
    Invest in some testing material. I wouldn't be surprised if you don't think that any of this stuff works. So prove yourself wrong.

    Go and find a niche, get a site, get an autoresponder, and play around with lead generation and email marketing. Once you get your first lead, you will say "ok". Later once you get your first sale you will say "cool". Once you get 5 sales in one day, you will say "i know what i need to do now". Throw yourself out there and start testing. $300 isn't alot of money. Take what you learn here on WF and start implementing.
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  • Profile picture of the author Richard HAN
    I echo those that mention domain, hosting and autoresponder. However, not a domain for any niches or market or etc etc. But, a domain for your branding. If you want to make it in this industry long term, you gotta think long term. Since you're on a small budget, check out this site - joinhoney.com. It's a tool that automatically scans the web for GoDaddy's coupon. I've used it repeatedly when registering my domains and have paid as low as S$1.24 for domains.
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  • Profile picture of the author NeedBucksNow
    I would use the money to find a top affiliate program that has recurring monthly payments then use the money on facebooks ads, ppc clicks (can find several free credit offers on Google), lead service, or trying to build up your website ranking organically. Personally I think it is best to invest in keywords as 90% of people that are looking to spend anything will probably do a review on Google beforehand & this almost guarantees that you will get the best targeted traffic.
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  • Profile picture of the author BlackFox
    David,
    Listen with $300 its simply not enough. It will run you into the thousands of dollars to figure out the millionaire campaign.

    What I advise is you test email submit offers. Email submit and sweepstakes always have a high conversion rate.

    Find a good tracking solution. Select an email submit offer PM me for some high paying high converting campaigns.

    Second test the offer. Don't find the cheapest traffic source. Find the right traffic source. Do not advertise a sweepstake offer on google ads. PM me and i'll give you some sources I use that you can test my costs are $0.005 - $0.01 per click.

    Third once you matched the traffic source to the right offer watch it closely. Come up with different angles. Angles would be the benefits on why someone should enter their email to claim a free iphone and etc.

    Fourth create a lander. Always use a lander its your presell page. Take the presell page and match the click through button with your offer. Then run it on the traffic source.

    After that monitor the data and keep on analyzing.

    Your costs should look like this:
    $100 - Landing Page + Banner Design
    $100 - Test Campaign - you will lose money
    $100 - Re test campaign - if your lander and banner is good you'll earn a profit if not you'll break even.

    A lot of affiliates are gonna hate me right now cause I brought the rabbit out the box.


    Originally Posted by David Austen View Post

    I'm a beginner in IM and want to invest some money. I have a really tight budget, just about $300 . My goal is to make a few hundred dollars in the first month. What tools, software or programs do you recommend?
    I'm considering Bring The Fresh and Market Samurai. What's your opinion on these programs? Is there anything else that I should buy to start off nicely?
    Hope you'll help me
    Signature
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  • Profile picture of the author jemacb
    Originally Posted by David Austen View Post

    I'm a beginner in IM and want to invest some money. I have a really tight budget, just about $300 . My goal is to make a few hundred dollars in the first month. What tools, software or programs do you recommend?
    I'm considering Bring The Fresh and Market Samurai. What's your opinion on these programs? Is there anything else that I should buy to start off nicely?
    Hope you'll help me
    Hi David, bluntly put, your $300.00 is going to disappear very fast unless you have a specific focus on the direction that you want to go in as it relates to Internet Marketing.

    You have to put on your 'blinders' here because the learning curve is so steep that you can get distracted very easily with other IMer's products on how to make $$$ on the internet.

    My suggestion: hook up with a coach who has successfully achieved what you are trying to achieve. Do NOTHING other than that and you would become successful once you take ACTION and not 'pussyfoot' around. You can search the WF for coaches. But based on this post, I am sure that they would find you.

    Wishing you all the success. There is money to be made out there. But do it correctly.
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  • Profile picture of the author DoubleOhDave
    I second the autoresponder and website advice. Provide something valuable through your website, build a list. Be ethical in how you promote things to that list and either get writing or get creating whatever else it is you can create. Work, work, work. Sorry - but you don;t have the funds available for pushbutton solutions! :-)
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  • Profile picture of the author amuro
    Originally Posted by David Austen View Post

    I'm a beginner in IM and want to invest some money. I have a really tight budget, just about $300 . My goal is to make a few hundred dollars in the first month. What tools, software or programs do you recommend?
    I'm considering Bring The Fresh and Market Samurai. What's your opinion on these programs? Is there anything else that I should buy to start off nicely?
    Hope you'll help me


    I also recommend Andrew Hansen's Forever Affiliate and Mark Ling's AffiloBlueprint courses.

    From my experiences having bought, implemented and benefitted, they are among those marketers who really walk the talk and delivered what matters to most people.
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  • Profile picture of the author @tjr
    What kind of interest rate can you get with your bank on a CD?

    You're better off doing that than going into business with the mindset of "I need to spend this money on something."
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  • Profile picture of the author kencalhn
    read through this forum and look at all the epic failure perspectives from most; as well as the occasional success stories and perspectives from the few who make it
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    • Profile picture of the author oWEN tEBB
      Hi David,

      As always you have got some sound advice from the warriors. My advice to you is simple really.....

      Take all the good advice and put it into action. Its was exactly what I did after wasting my first 2 weeks jumping from one program to the next(Chasing shiny ball) I wasn't focused and I lost a bit of money in the process. This is certainly not I want you to do and I'm sure that yoo won't.

      So with that said your budget is decent one and you could easily earn money off that providing laser focused, self driven and hungry for success. It will also help that you know what area you would like to explore as there are many. My advice would be read up on them and see what one you feel more confortable doing because when your confortable in doing something, everything isn't chore and everything runs smoothly.

      I also reccommend that you draw up a action plan and sticking with it as its very easy to go off track but if your following instructions/plan your more likely succeed. Please David we don't want you to become another statistic and we want to hear from you again.... We want to come on here and tell us how successful you been.

      As for the 2 programs you have mentioned.....

      Market Sumurai is one i'm familar with and its a great tool to use if you go down the route of affilate martketing etc.... Its very easy to use and even though its been out for a while, in my opinion its still one of the best. Don't forget to try the trail first to see how you get on, im sure you will and im sure that after the trail you get a discount on it.

      Finally David, please invest the money in products thats going to benefit you both short term or long term, you are the minority here because you have a decent budget, just use it wisely.

      Always here to help....

      Owen
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  • Profile picture of the author Zukario
    Originally Posted by David Austen View Post

    I'm a beginner in IM and want to invest some money. I have a really tight budget, just about $300 . My goal is to make a few hundred dollars in the first month. What tools, software or programs do you recommend?
    I'm considering Bring The Fresh and Market Samurai. What's your opinion on these programs? Is there anything else that I should buy to start off nicely?
    Hope you'll help me
    It looks like you are going to learn to rank website on search engine judging by what you have post, it is a good choice, as many marketers have replied on this thread earlier, the basic needs for a marketer to succeed online is domain,hosting and autoresponder although i strongly advice to saves some of your budget for constructing your websites to rank on search engine as you might need it. Best of luck to you.
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    • Profile picture of the author oWEN tEBB
      Ranking websites is challenging however we the right planning and the clairty on how your going to stand out from the crowd will make it happen for you...
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  • Profile picture of the author James Woods
    Here is my 2cents

    1. Identify Your Niche First before anything else
    2. Create a free report targeted at your niche
    3. Create a free account on get response Will be $15 a month after the trial and will scale on your list size
    4. Create a webform in Get response and have get response host your form
    5. Create 7 autoresponder e-mails targeting your niche with value/content and 1 or 2 affiliate offers
    6. Drive traffic to your webform using free traffic methods such as forum signature
    7. Build your list
    8. Each week add another 7 e-mails providing value and the occasional affiliate offer
    9. Repeat step 6 to 8

    Main points
    Choose a Niche Focus on 1 Traffic source until mastered.

    Have fun
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