Is it possible to start a home-based business on line for free? Well, that all depends…What kind of business?
The first thing that determines the cost of starting a home-based business is what kind of business you go into. If you are going into a multi-level marketing (MLM) company, then there will be an enrollment or start-up cost, probably an annual fee, and there may even be product inventory requirements or, at the very least, minimum monthly purchases in order to qualify for commissions.On the other hand, if you have decided to go into affiliate marketing — selling other’s products either physical or digital — the costs, if any, are minimal. It doesn’t cost anything become an affiliate.How are you going to get leads?
No matter what type of business you go into, without leads or traffic, you’ll get nowhere fast.The costs involved are dependent upon how you advertise. Are you going to use free methods? A free blog, article and forum marketing?Are you going to purchase leads that you will then call or email regarding your business opportunity or products?Are you going to purchase a website and maybe use some pay per click (PPC) advertising to drive traffic to your website?How are you going to communicate with leads?
Did you know that studies show most people don’t purchase something as a result of the first contact? Most people wait until they feel comfortable with the seller before they buy. They need to have a relationship with them. The published average out there is that someone will usually buy after the seventh contact. So, it’s very important to collect information on your prospects so that you can continue to communicate with them and develop a relationship with them. Otherwise, they will likely buy the product or service from someone else.Are you going to communicate solely through your website and/or blog?Are you going to use an auto-responder to keep in touch with your leads? There are both free and paid versions available.Are you going to do any direct mail (postcard or letter) marketing?Starting a home-based business can be an expensive venture. There are a lot of options out there, and there are a lot of people who will try to sell you on those options because that is their business, that’s how they make money. My recommendation is to start out for free or on a shoe string, and then reinvest your earnings into products that will allow you to automate and simplify the process. Don’t go for all of the bells and whistles at the beginning, or you may find yourself deep in debt and discouragement, and working so much overtime (or a second job) to pay your bills that you have no time to devote to your business.Don’t know where to start, click on the links below. I’ll help you get started with little to no money. I respond to every sincere comment and email I receive.