If You Had $600 To Spend On Online Biz - How Would You Spend It?

by 39 replies
48
Hello everyone,

I would like to know the answer to this question -

If You Had $600 To Spend On Your Online Biz - How Would You Spend It?

I would like to know for my own personal info, and also I may turn this into a blog post and of course credit with a backlink (to your sites) to all responders on my popular Internet marketing blog.

I am especially interested to hear from affiliate marketers.

Thanks
#main internet marketing discussion forum #$600 #biz #online #spend
  • You could get a pretty nice website going for that. I assume maybe you would hire some help and get something nice up that you can use to funnel traffic to something you want to sell. I would be very careful about buying SEO services until you are 100% doing some of it yourself before you hand over the torch. You can waste a lot of money getting your site in trouble with the google unnatural linking penalty.
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  • I'd spend it on something nice to wear and the rest I'd set aside for gas. I'd then hit the streets, going from business to business armed with a great offer at a great price.

    Or if sitting in front of the computer is your thing; product creation.
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  • Profile picture of the author Scottcampbell1980
    Personally I would get a squeeze page made, either outsource or do it myself, combine it with a good freebie offer, and start buying Solo Ads to build your list of subs. $ 600 will go a long way towards helping you build a list. Make sure you seek out trusted vendors with responsive subscribers and your list will start to grow. Then, you've got free traffic whenever you need it.

    That's what I would do buddy. ;-)
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    • If I told you I'd be giving away a big secret - and I'd have to charge you for that. The price for you will be $600.
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    • I would invest a teeny bit into the domain and hosting.

      The bulk of it, though, I would invest on building your list any way you can such as solo ads.

      You can also spend a bit of it recording good videos. I don't think you need to spend too much on a good squeezepage.

      Later on when you get the nick of things, you can hire someone to outsource.

      Having said all this, I think the most valuable thing that you can have are the things that money can't buy - things like loving what you're doing, faith and a whole lot of confidence.

      On a side note, you better be careful of what you post here, because Dan Brock, Ewen Chia or somebody might create a $597 product and sell it here! :p
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  • I'll buy a website from flippa or I'll use it for a money making method
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  • Profile picture of the author winagain
    I will make a blog and a facebook page, and get people's email and sign up to my facebook page.
    Then, developing good content in the form of articles, videos and facebook posts. Then every now and then, send emails with offrers related to my niche and facebook posts with the same offer.
    Yes, you can do all that with $600 or under.
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    • Traffic, traffic and more traffic generally Solo ads, and media buys
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  • I would buy a website at Flippa or DP, get more traffic, better monetization and sell it a year from now for top dollar. Of course, you need to know what you are doing as buy a website is not as essy as it might seem.
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  • Profile picture of the author rmolina88
    Traffic or a small part of product creation.
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  • Make it an actual business if it isn't already.

    The filing fees and first flat tax/fee may be around that amount.

    then set up a different bank account for the LLC, and use something like Quickbooks.
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  • You could use that as a test investment to improve your traffic generating tactics. ppc, banner advertising, paid links etc...
    If you can get your test money back in a month you're on the right track..
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    • Not sure how you felt this would be helpful

      But either way the Search Function on Warrior is not the greatest. All you get is a bunch of random threads that mention random words in a phrase that is searched for.

      It's really annoying when people on this forum waste times with useless attacks.
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  • Great question, I would buy a bunch of links and also buy a bunch of well written articles.
  • Id probably buy a couple Pr2-4 domains and then have the rest go to solo ads.
  • Easy. take that 600 dollars. Find a profitable niche like health. Buy a domain and hosting. Outsource everything.

    Buy a new house
  • I would buy...

    OPtimizepress
    awebber account
    hosting account
    domain name

    Then, I would go to work developing a product that solves a problem..
    A short, simple, small, cheap or free product.

    Then, having that mailing list, I would do ad swaps.
    Purchase some solo-ads.

    >>>>>>>>BUY A COACHING SESSION or JOIN A COACHING INNER CIRCLE!<<<<<<<
    ^^^^^^^^^^^IMPORTANT^^^^^^^^^^^


    And thats pretty much the $600.00 .... BUT having dome these few easy steps, you would already be making MORE than your investment back.
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  • DONT SPEND A DIME.

    Just create a 1 page video or sales letter and test it out on some traffic to see if you can generate some sales. If so then quickly develop a cheap prototype of the product or service that you whip together in a weekend. So at least you have something to offer while your building a better version. Then get someone off Elance or wherever to help you build a much better version of the product (that's after you're getting steady sales). And then build out the rest of the site and improve upon it. The point is start making money before you spend anything. Learn to shoe string things alone. Like find "free hosting". Find free software, free everything. The only thing you will most likely have to pay for is your domain name. But truth be told you can even just sell something on a free blog if you want. Get it working on there first. Then after it's making money change everything over to a real domain name. And redirect the traffic from the blog to the domain that you want to use. Again make money before you go spending money, especially if you only have 600 dollars.
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    • So you quick build this 'product' that's a complete piece of crap? The people who buy it are going to wait patiently while you improve on it?
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  • As an affiliate, i will just spend all the cash on my website provding highly unique content to my website, because this is really my products not the affiliate product.
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    • i would invest in a top notch keywordtool like secockpit
      (half year ticket is about 400 $ ) to get
      *low serp comp
      *high value
      *high serch number volume keywords

      and use whats left to outsource building websites & videos targeting these keys
  • I'd make it a point not to do anything suggested in this thread. I mean what's the point? Following advise from people who you don't know is useless - for all you know everybody in this thread could be on welfare and yet to make a single cent online.

    Follow your own intuition, breaking from the norm is how most really make it in the business world.
  • I would spend on outsourcing content creation for my EMDs, which are basically Amazon review sites. I do the keyword research myself and after that I outsource the content creation. Depending on the number of the pages (so basically the number of the keywords) content creation cost me $50 - $70 per site.
  • I would invest in improving the websites. Providing more features, content, and applications. Invest in the product, and then see the returns.
  • I would ''invest'' in Platinum membership at Worldprofit (4 months x $150)
  • Enough bickering folks, let's keep the thread on track for the OP, huh?

    My best advice is to tell you not to determine what your business direction will be by asking randon strangers on a forum what to spend your money on. Instead, look at the many options and decide what kind of business you want to be in and which niches you want to work with. Only when you've decided that, invest a couple hundred of that money in learning all you can about it -- buy print books, ebooks, and online courses and really bone up on it.

    Next, draft a plan of action and invest the rest of your money in the resources you need to execute your plan - that could be hosting, a website, a mailing list host, whatever your specific needs are.

    Lastly, grind it out. Persistence is required. Make adjustments as needed, but keep pressing toward the mark and you will find your way.

    Good luck.
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