Are you thinking of starting up your own business and you’re looking for a low risk business start up?
Then you can’t go too wrong by starting your own low risk business based online using the Internet. An online business is far cheaper and easier to start than an offline business. As you can imagine an offline business will require a lot of stock, advertising and cash to get up and running.
The simplest and easiest form of Internet business to setup and maintain is an Affiliate Marketing business. I can say this with confidence, because this is exactly what I did about three years ago and I haven’t looked back.
No start up costs
Affiliate Marketing can be entered into without any start up costs at all. It’s even possible to do it without having a website, instead you could use social media for your Affiliate Marketing. But you really need your own registered website to create a truly sustainable business that can grow as you expand your expertise. I say this because having your own website ensures that you are in complete control of all aspects of your business.
You can still use social media to promote your site, but the bottom line is that your site will be free of all social media restrictions. Your social media posts will merely refer visitors to your own site.
You cannot and I repeat CANNOT create your own sustainable business using a FREE site (such as Wix, Weebly, Yola etc).
This is because ALL free sites are owned by the provider and they in turn will determine the Ads that you have on your site. In fact they may not even allow you to display Affiliate links on your site. This would completely defeat the purpose of creating a income generating site. They can even close down your site for any minor infringement at anytime and believe me that’s not fun!
Blogging for fun
Even a prolific blogger that is blogging for fun should not use a free site, because there is always a chance that he may generate a huge following and decide that he’d like to monetize his site at a later date. If you want to or even if you think you may want earn money from your site, then you need your own site based on your own .com domain.
How much does a website cost?
The cost of creating and maintaining you own site can be quite minimal. You should expect to outlay less than $10 a month to ensure that your business is secured as your own and can be found on the internet.
By this I mean that it will cost about $13 dollars a year to register your own domain name with Namecheap, or GoDaddy. You will also need to host your domain and it’s usual to pay about $6 a month for this service.
All up your outgoings will be about $7 a month, this is excluding the costs that you may incur in having a computer and access to the internet.
So $7 a month sounds pretty low risk…and it is!
However you will need to put in quite a bit of work to enable your site to attract visitors. Attracting visitors, or traffic to a new site is the biggest hurdle to anyone starting a business online. So it is imperative that you have the free time and will to put the work in.
But don’t let the thought of hard work put you off, it’s just not as easy as everyone will tell you and there are absolutely no short cuts…..read on to find out more.
So what is Affiliate Marketing?
The simple definition of Affiliate Marketing is that it’s the process of earning a commission by promoting other people’s products.
The great thing is that you can choose the products that interest you and that you wish to promote. You just need to decide on what Product Niche that you’d enjoy promoting and build a website to promote related products.
This business of promoting other peoples products can be done online and even offline. But to generate substantial profits we really need to stick to the online market place. This is because you have access to the the huge global community that is searching for information and products to buy.
Of course you’ll need a website to promote the products and you’ll also need affiliate links to the products that you’ll be recommending. But at this early stage you just need to have a basic idea of the niche market that you’d like to enter.
How do I get started?
It’s easy enough to get started with Affiliate Marketing and there are many ways to do it.
But, to cut a long story short, I recommend that you take a look at my #1 recommendation for all the fantastic free information that is available to you as a member.
Becoming a free member of WA is truly is a low risk business start up first step. This is because you get fantastic free training tutorials. Plus you can even create two free websites that you can use for income generation.
Believe me when I say that this is the best business start up and marketing resource on the Internet.
As a member of the Wealthy Affiliate you’ll have access to professional Affiliate Marketeers who will guide you through your learning process.
Once you are aware of some of the common Affiliate Marketing mistakes, you’ll be better able to avoid them and the setbacks they cause.
You’ll quickly set up your growing business and develop and grow it in the fastest possible time. This is not a short cut to success, but it does mean you’ll be climbing ladders rather than sliding down snakes.
There are no short cuts, you must be fully aware that Affiliate marketing is a business that requires a lot of motivation and focus. For many of us, these are learned skills that will need to be developed and honed for us to succeed.
How easy is Affiliate Marketing?
There’s a lot of info online that would give you the idea that it’s all very easy. But it’s not! It requires learning new skills and also a lot of hard work to succeed.
By this I mean that you’ll need to set up your website which really doesn’t take too long. It can be done in as little as a few minutes. But for the inexperienced it will take a couple of hours.
You’ll then need to tweak your site to you own satisfaction. this takes a little longer than than the initial set up. In fact it could take s long as you’re willing to spend.
Once you’ve tweaked it to your satisfaction. Then you can start adding posts to your blog on a weekly basis, or even a daily basis, in fact as often as you can.
Keywords, links and Google ranking
Building up you website to a reasonable amount of pages and posts usually takes about three to six months.
All this will need to be done with regard to using keywords in your writings. You’ll need to set aside a couple of hours a day to research articles and write your posts.
Here’s a short official Google video that outlines how the Google search process works.
Watch this video and you’ll better understand the way that Google crawls web pages and posts on the Internet.
With this knowledge you can set up your site with applicable keywords and links to improve your page rankings. This is all explained in much more depth at Wealthy Affiliate.
Using Google to succeed
Most successful Affiliate Marketers put in a lot of time and effort to make their fortunes. Those just wanting to make a basic living can get by with working to lunchtime most days.
Whichever route you choose to take you are going to need the help of Google to succeed.
Luckily for us Google provides us with lots of useful tools that we can use to improve our website rankings and online business’s.
One such tool is Google Analytics. This is a must have tool that is used by ALL successful Affiliate Marketers. Take a look at this video to see how easy it is to use.
In the world of Affiliate Marketing, the more quality time and effort that you are willing to put in is directly proportional to your earnings.
That said, after about a year of blogging using appropriate keywords. Tracking your success and failures with Google Analytics. You should be able to wind down and relax a little.
This is because you’ve put all that work in to generate traffic to your site. At this stage the traffic flow to your site will be ongoing and you can concentrate on site maintenance and develop other sites.
Benefits of having your own business
The benefits are just too numerous to list. But if you want to explore your own personal benefits then sign up to the Wealthy Affiliate Membership it’s absolutely free. It’s all you need to get going with your own low risk online business!
Still thinking of a low risk business start up for yourself?
Then please share and let your friends know about it also.