You Have to Spend Money to Earn Money

It surprises me that many people fail to grasp this concept as they first set out to start their own businesses. Thanks to the power of the Internet, anyone who has a computer and an Internet connection can now START their own online businesses with little investment. However, generally speaking, it is a given that you have to invest money into your business to if you seriously want it to grow.

Affiliate marketing is a great way for ordinary people to start making money on the Internet. After finding an affiliate program that offers products you are interested in promoting, you can start an online business with just a website. So your total investment up to this point may simply be registering for a domain name and paying for a web hosting account.

But then what? You have to start marketing the products and getting people to your website! A lot of people are turned off when they discover that this is a demanding process that requires a substantial amount of hard work, time, AND money!

Let me give you a specific example. As all experienced Internet marketers know, "the money is in the list." Simply put, you want to build a mailing list of people who may be interested in what you have to offer.

One of the most effective ways to grow your mailing list is to use a pay-per-lead service where you PAY a company to bring targeted subscribers to you. The company will run an advertising campaign for you and deliver motivated, opt-in subscribers to your list. The cost can vary greatly depending on the information you require. The e-mail lead packages I have been using recently range from $.10 to $.35 per lead.

The best lead provider I have used is TrafficOasis. It provides targeted leads that are fresh, NON-SHARED, responsive, and affordable. If you who like to know more, check out its website: http://www.trafficoasis.com/index.php?118787

Other areas where you MAY want to invest money in include: logo design, web design, web promotion, and useful tools such as a graphics editor and a powerful autoresponder. However, there are plenty of free resources on the Internet and I encourage you to seek them out.

The saying, "You have to spend money to earn money," generally holds true for ANY business! An Internet-based business is no exception,whether your are promoting your own products or someone else's.

It is also important that you re-invest a portion of your profits into your business! That way, not only will your business continue to grow, but its GROWTH RATE will also increase! This in turn brings in MORE profits, which allows you to invest MORE into your business... Do you see a pattern!?

The key is to invest money into your business wisely while staying within your budget. If you believe in your business, you are bound to be successful!

To Your Success! Byron Wong

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In The News:


BBC Sport

ICC unveil £150m cash boost
Sky News, UK - 21 hours ago
It will help the growth of the game in countries like Turkey, Estonia and Bulgaria, who were the latest to be granted affiliate member status at the Annual ...
ICC to invest $300 million to make cricket a global sport Hindustan Times
ICC to invest US$300 million for non-Full Member nations CricInfo.com
ICC to invest US$300 million to develop cricket Economic Times
Khaleej Timesall 80 news articles

{Earnings Roundup} {Office Depot shares plunge on report of sales ...
Los Angeles Times, CA - 1 hour ago
They included a natural gas pipeline explosion in western Australia that curtailed supplies to an Australian affiliate and the temporary idling of half the ...

zanox Extends Market Leadership with Impressive Revenue Growth
Business Wire (press release), CA - 20 hours ago
Overall, the Berlin-based provider of affiliate marketing experienced 55 percent company growth, surpassing industry averages of 33.2 percent for the online ...

PRunderground (press release)

AdCommunal Inc. Introduces a Revolutionary New Affiliate Network ...
PRunderground (press release), MO - Jul 8, 2008
While most ad networks are set up to take a percentage of an affiliates profits, AdCommunal only takes 20% of the revenue share, up to a maximum of $1000. ...

Hurley: YouTube Looking for Affiliate Revenue Streams
NewTeeVee, CA - Jun 26, 2008
... dinner in Palo Alto, but he went onto lay out an argument that there’s also a growing opportunity to make money from direct response affiliate deals. ...

June traffic declines at Midwest Air
Bizjournals.com, NC - 18 hours ago
... no longer reports revenue yield or other revenue gauges as it had when it was publicly traded. The acquisition of Midwest by an affiliate controlled by ...

Boston Globe

Alcoa Shines, But Not So Brilliantly
Forbes, NY - 9 hours ago
Analysts polled by Thomson Financial expected earnings per share of 68 cents and revenue of $7.4 billion. In the year-earlier period, the company earned 81 ...
Alcoa earnings beat Wall Street estimates Pittsburgh Tribune-Review
Earnings Preview: Alcoa earnings expected to slide Forbes
all 294 news articles

Appeals court: EchoStar not barred from lease deal
The Associated Press - Jul 7, 2008
... respective affiliate's area, but it no longer has control over distant network programming provided by NPS and does not share in the revenue or profit, ...

Share Results Ventures into $500 Million Dollar Fantasy Sports ...
PR-USA.net (press release), Bulgaria - 21 hours ago
SportsBuff.com is offering a high revenue share commission, and a unique $10000 bonus for the affiliate that recruits the SportsBuff.com Fantasy Football ...

Rush Limbaugh to get $38M a year for next 8 years
Auburn Citizen, NY - 2 hours ago
"This is exactly where I want to be, doing what I was born to do, with an amazing audience and phenomenal support from affiliate stations and sponsors," ...
affiliate revenue - Google News

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