How Much Does It Cost To Setup An Online Business?

Setting up an online business can be a costly setup, if you let it be. Many people believe that building an internet business means laying out lots of money; though in many circumstances it really doesn’t have to cost you anything if much at all.

You see it all depends on what you have in mind, as in what type of online business you want to start. If you’re thinking about setting up a website or an online shop or a blog even, then you’ll need to source out a web designer, especially if you have no technical knowledge whatsoever of how to build a website yourself. And then there’s the cost of SEO (search engine optimization), online marketing and advertising, getting stock and so on.

How much does it cost to set up an online business

So how much does it really cost to set up an online business?

The cost of building an online business can vary greatly, it may cost you just a few dollars a month or a few hundred dollars per month. As I said, if you need to source out a web designer you could be looking at anything up to a few thousand dollars before you’ve even begun.

In this post I will share you a couple of sources and point you into the right direction where the cost of setting up an online business will cost you almost nothing… Read on…

There are dozens of service providers on the web all offering some form of do-it-yourself site-building tools, and you can find most of them via the search engines. Moonfruit is a very powerful online site building tool that gives you the creative power to create a stylish professional looking website for just a few dollars each month. You get everything in house from GB storage to domain registration to web hosting.

If you’d rather set-up a more independent website or blog, then it can also be quite cost effective for you to use something like WordPress which I’m sure you may have come across.

WordPress is a free open source web publishing application available to all; all you need to do to get started is to buy yourself some space on the web, known as web hosting; again a matter of a few dollars each month and you’re set to go.

OK that’s great news so I don’t need an expensive web designer! But do I need to stock items to sell online?

I you want to set up an online store do it! But there is another way of selling online where you don’t have to stock physical goods… It’s called affiliate marketing, if you don’t know what affiliate marketing is then read on.

What is affiliate marketing?

In a nutshell, affiliate marketing is probably one of the most profitable online business ventures you can get into! Your earning potential with affiliate marketing is limitless!

Affiliate marketing basically involves signing up to various affiliate programs offered by companies that have products and services to sell online. All you have to do is promote their products and services on your own website or your blog using affiliate links and banners provided, and you earn a commission each time a visitor makes a purchase using your affiliate links.

So what does this mean?

This means that there are no overheads on your behalf, you simply make a referral and earn commission and that’s it, and there is no need to stock physical goods, shipping items out or anything else for that matter. You simply refer and earn.

Can you recommend a few affiliate merchant programs I could sign up to?

Yes absolutely, check out the following websites below and register with them to start earning money through affiliate marketing today. For a full list of affiliate program for blogger check out the following post -

1. 19 Top Affiliate Programs for Bloggers

I’d also recommend the following programs -

ShareASale

ClickBank

So as you can see the answer to your question is, it doesn’t have to cost you much at all if anything to set up your own online business, do your research carefully, and remember, you should never have to part with any large amounts of money on systems that premisses to make you money online quick, avoid those kinds of offerings like the plague…

Recommended Reading

1. Living a Laptop Lifestyle: Reclaim Your Life by Making Money Online (No Experience Required)

About Samantha Wright

Samantha Wright is the second editor and co-founder of magnet4marketing.net. She was awarded MasterCard Business Woman of the Year in 2007 and now loves to share her knowledge and insights in small business marketing. In her spare time Samantha is also a keen surf photographer, and loves to cook. Samantha currently works for Mole Valley Forage Services as a customer service unit manager. You can follow Samantha on Facebook.

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Comments

  1. That’s the beauty about the online business and how it’s totally changing businesses today. Anyone can get a webpage and start putting in content or a service for pretty much nothing at all like you’ve said. That’s why I love it!

    • Fabrizio Van Marciano says:

      I agree with you Jana, that’s what I love about it too, there are so many options available online I think it’s quite overwhelming at times. The most important of it all though is to plan carefully and research before venturing off into any lucrative business niche.

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