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

Visit http://www.internet-home-business.org for the BEST money-making opportunities and internet home business programs! Subscribe to our free newsletter NOW by sending an e-mail to ezine@internet-home-business.org and receive a free gift!

In The News:


TechCrunch

Refer.ly Lets Regular Folks Earn Affiliate Revenue For Recommending Products ...
TechCrunch
Will a few dollars in affiliate revenue motivate people enough to use Refer.ly? Don't we just share products with friends and family because we genuinely love to help other people out? Morrill said she doesn't expect Refer.ly users to make a living off ...
Danielle Morrill leaves Twilio to start Y Combinator-backed ReferlyGeekWire

all 2 news articles »

eLong Reports First Quarter 2012 Unaudited Financial Results
MarketWatch (press release)
... online marketing expenses, and increased hotel commission payments to third-party affiliates and distribution partners. Sales and marketing expenses increased to 43% of net revenues in the first quarter of 2012 from 35% in the same quarter of 2011.

and more »

Advertising, affiliate revs lift Scripps: Revenue rose 11% to $535 million
Chicago Tribune
Scripps Networks Interactive, parent of Food Network, HGTV and The Travel Channel, said strong advertising and affiliate revenue boosted profit last quarter despite hefty programming costs. Net profit rose to $115 million from $101 million.
Ad & Affiliate Revenues Boost Scripps ResultsWorld Screen
Scripps Networks 1Q Net Up 14% On Stronger Ad RevenueWall Street Journal
Scripps Networks Interactive reports first quarter financial resultsMarketWatch (press release)
Zacks.com -NASDAQ
all 52 news articles »

NPR Sees Sharp Downturn In Advertising Revenue, Leading To Talk Of Cuts
Huffington Post
My local affiliate has been making its quota for the last four years running. There is a lot of concern from me and others on the mix of ads, sponsors, and reviews on the NPR website.. I sent the NPR Ombudsman, 72 screen grabs documenting how sponsor ...

and more »

Eastern Idaho to Lose Fox Network Affiliate
KPVI News 6
In the case of KFXP, the fees are higher than the advertising revenue the station currently brings in. The local Fox affiliate in Twin Falls, KXTF, is also losing its network affiliation. At this point it's not clear how people in eastern Idaho will be ...
KXTF in Twin Falls will no longer broadcast FOXKTVB
Fox TV Programming to End in Magic ValleyNews Radio 1310 KLIX

all 5 news articles »

STOCKS NEWS THAILAND-Krungsri ups Bumrungrad Hospital target price
Reuters
Bumrungrad posted a 40 percent increase in quarterly profit to 583 million baht thanks to growth in outpatient revenue, an increase in foreign patients and profit sharing from affiliate hospital Bangkok Chain Hospital Pcl. The broker raised its 2012 ...

and more »

KentuckyOne Health parent partners with Conifer Health Solutions to manage revenue
Business First
KentuckyOne Health, which was formed this year by the merger of Louisville-based Jewish Hospital & St. Mary's HealthCare Inc. and Lexington-based Saint Joseph Health System, is an affiliate of Denver-based Catholic Health Initiatives.

and more »

Wall Street Journal

AMC Networks Earnings Call Insights: Affiliate Revenue Growth, Ratings
Wall St. Cheat Sheet
Two questions first on the affiliate revenue growth, 8% in the first quarter, two things there. Number one, it is an acceleration from your full year rate from last year. Does that acceleration represent some – or is that primarily due to some of the ...
AMC Networks 1Q Net Rises 45% On Strong Advertising RevenueWall Street Journal
AMC Reports Higher First-Quarter EarningsBroadcasting & Cable
AMC Networks quarterly profit jumps 45%MarketWatch
Chicago Tribune -paidContent.org -MediaPost Communications
all 44 news articles »

Thai affiliate of AirAsia to raise RM443mil
Malaysia Star
BANGKOK: Asia Aviation Pcl, owner of the Thai affiliate of Malaysia-based budget carrier AirAsia Bhd , has set an IPO price of 3.7 baht (37 sen) a share to raise 4.5 billion baht (RM443mil) in the Thai market this month, sources close to the deal said.

and more »

Refer.ly Lets Regular Folks Earn Affiliate Revenue For Recommending Products ...
Centralia Chronicle
Danielle Morrill's been thinking about this idea for at least three years. I know this because it was almost all she could talk for an hour straight at a dinner party several years ago. An online service is needed to view this article in its entirety.

and more »
Google News


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