You realized the income opportunities that the internet brings nowadays so you decided to set-up a business online, but you do not have enough money to start. What can you do? Is it ever possible to start a business online with a limited budget?
The answer is yes. Start off by searching for free domain names. The internet market has become too competitive that many companies sell domain names to businesses that are looking at utilizing the internet for their business. Fortunately, there are still few companies that register a domain with no fee. These offers are most of the time promotional in nature. Companies with this offer will set up themselves as administrators for a certain period. Within the period that they administer your domain, they will use their banner in your website. This is a good deal if you truly have limited budget to start off. But as you grow, you can get away from that arrangement, buy your own domain and pay for the hosting each month.
If you don't want to pay 20-40 dollars per month for the website, then don't. Search the web today for companies that will host a site with no charge. Just be sure to read through the dotted lines before you agree on getting a free domain. There are plenty of offers out there that may or may not work for you, so choose the ones with the best deal. For instance, there are some web hosts that do not force you to have a banner on your site. There are also others who will completely remove the banners for just a small fee each year, which is still minimal compared to having someone host your site for a monthly fee. There are also others who only administer your site for few months and then give you the option to take over the domain with monthly charges or your site will be disabled.
The suggestion above is suitable if your business online requires that you own a website. However, there are other means to start a business online with a limited budget. And thi s is through affiliate marketing.
Affiliate Marketing is a way of promoting a product in which the parent company rewards the affiliate for every visitor, subscriber, customer and/or sale it brings to the company. The affiliate gets a commission or compensation based on each exposure, visits, leads or sale, or a combination of these. The good thing about becoming an affiliate is that you don't have to set-up your own product to sell online, which means that there is no production cost. You just have to sell an existing product/service and earns from your efforts.
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