When you’re just getting started online (or sometimes when you’ve already spent all of the money you had available), you start looking for ways to launch your online business for free, and wondering if that’s even a real possibility.
The answer is yes!
You can definitely launch and grow an entire Internet-based business without having to spend a single penny for any tools. No Cost Income Stream can help you learn all of the details, but let’s look at a few valuable lessons right off the bat.
Choose a No Cost Business Model
You can make money without spending money by promoting products and services. Affiliate marketing allows you to earn money several different ways. Most people are familiar with the more well-known affiliate sites like Amazon, ClickBank and Commission Junction.
You can find them by doing an Internet search for PLR sites and see if they have an affiliate program. You can also become a WordPress theme affiliate. StudioPress creates WordPress themes.
If you’re part of their affiliate program, you can promote them. If someone buys a theme through your link, you get a percentage of that sale.
You’re not just limited to digital products – you can also promote tangible items.
You’ll find many of these online. But you can also find them offline. Any store that you can physically walk into could possibly have an affiliate program. Walmart has one!
What they pay their affiliates depends on the product category that you promote. Zappos also has an affiliate program. You can promote anything from clothing to home goods.
Sears has an affiliate program, too – but they’re choosy about who they allow to promote. You have to have a certain amount of page views each month for your site before they’ll consider letting you sign up.
Here’s a tip for you if you do decide to promote for a store that has an affiliate program – use contextual links in the body of your blog posts. Don’t just use the banners provided by the stores.
Some people think they’re ads and they don’t click on them so they don’t convert as well as text link recommendations – but test it for your audience to make sure. If you use pictures of the product on your site, make sure the picture is an affiliate link for you.
Many site visitors click on pictures and you don’t want to miss out on that commission. Besides affiliate marketing, you can make money online through ghostwriting.
You can ghostwrite for business clients, for other marketers and for other bloggers. You can write articles, reports and text for web pages. Many of these people who need this kind of work done started out online the same way you will.
When they first started, they looked for ways to earn without having to spend money. But now that their business has grown, they have a lot of need for product output without having a lot of time to keep up with the demand of people who want to learn from them.
So they hire ghostwriters. You can help by offering your services to free up time for them. You can write everything from a blog post to a book for a marketer. You’ll be earning money while you’re growing your own business until one day, it will be you who has the need to hire a ghostwriter.
When you ghostwrite, you’re working on products that someone else created through their expertise. You can do the same. You can create products that are your own and actively promote those items.
What you can create will depend on what niche you enjoy, what you have knowledge about or what you learn about. If you’re into lawn and gardening, you could create a report on how to deal with the most common pest problems associated with lawn and gardening.
Anything that successful marketers create, you can create, too. If they’re creating eBooks, you can do the same. It’s wise to study what the competition is doing to see how they’re making their money.
Everyone has something that they’re good at. For some, that’s helping other people make life changes. You may be the type of person who instinctively knows how to guide people to help them see the direction they really want to go in life.
You probably have more skills that others can use than you may think. Another route that you can go to earn money online without spending money is to become a virtual assistant.
No Cost Income Stream is a good guide that can help you learn how to use affiliate sites.
Having an email list filled with subscribers is important for the success of your online business because a list can help you grow your customer base. When you’re first starting your list, you should email your subscribers with useful tools and information.
Next, you want to make sure that you have a blog for whatever business you have. Many businesses use free blogging sites when they’re first starting out so that they can save on the cost.
Which blog service you choose should depend on how you plan to use it. If you plan to do affiliate marketing, don’t use WordPress.com. Their terms of service prevent you from including affiliate links in your posts. You’re also not allowed to sell any type of product using a blog from WordPress.com.
Blogger is a better choice if you’re interested in affiliate marketing. Many people have successfully used Blogger to earn money through affiliate programs. You’re even allowed to include ads on your Blogger site through AdSense.
Prepare Yourself to Level Up By Investing in Your Business
Once you’ve learned the tips found in No Cost Income Stream, you can leverage that into a bigger financial turnaround for your business. The more money that you invest in your business, the more money you’ll be able to earn.
While all of the free tools that are available can be a big help when you’re first starting out, many of them do have limitations and you certainly don’t want to limit your earning potential.
If you start out using MailChimp, eventually, as your business grows, you’re going to outgrow the amount of subscribers you can have on there. So you’ll need to switch to another autoresponder and you’re going to want to pay to get a good one.
Aweber is an autoresponder that – while it’s a paid one – is still pretty inexpensive, and you get a lot of features with them. You get customizable templates for crafting email or to use on your website.
But you also get email tracking with the use of their analytics program. This lets you see what’s happening to the email you send out. You’ll get follow up tools and tools that allow you to specifically target subscribers with information that’s relevant to them.
When you want to put money into your business, you’ll want to look at paid traffic, too. This is traffic that comes to your sites through the use of means you paid for.
Google AdWords is an example of using paid traffic. Paid marketing campaigns are a way of advertising your business. You can use the pay-per-click method, or by text or by view, but it’ll depend on the campaign that you choose.
Facebook, while it’s a free social networking site, also has paid ads. So you might post to your Fan Page for free, you also have the ability to “Boost” that post using a paid advertisement.
Starting out on a shoestring budget (or no budget at all) is nothing to be ashamed of. Many people have done it and gone on to create thriving Internet-based businesses – and you can, too!