Sunday, February 1, 2009

Do You Know How Much You Really Spend on Internet Marketing?

One often reads in Internet marketing discussion forums that people have formed an impression that they are spending too much on marketing in relation to their earnings. If one were to look a little more closely, it is often true that people have little or no idea of how much they really are spending in this crucial area.

Let us examine how much internet marketing does cost, by taking both time and cash spent into account.

The internet offers an unbelievable opportunity to anyone to make a successful living, regardless of age, location, education or business experience, amongst other factors. It is a fact that not all highly successful internet marketers have tertiary business qualifications and many years of experience. In fact the opposite is often true. Many of the highest earners in internet marketing come from ordinary, everyday backgrounds.

There are only two factors that all have in common, (although not necessarily in equal quantities) and those are time and money. Those more fortunate individuals who have plenty of cash to spend on marketing may have very little free time, while some of us may be able to make more time, to compensate for a shortage of cash.

As you strive for your own top home based business, a simple fundamental is that it is impossible to make a living from an internet business, without sufficient quality visitors to your site.

Pay per click advertising is available for you to buy at a pre-determined price per click. In this way you buy visitors, but cannot guarantee any sales.

Article writing has proven itself to be an extremely cost effective method of drawing visitors to your site. It is not necessarily the speediest method of attracting traffic, but will generate a steady and effective stream of visitors over time. A careful choice of article subjects, linked to your business theme ensures at least a basic common factor between your visitors and your website.

It is still important to calculate (roughly) what you are spending, including even a simple cost estimate of your time. This, added to other expenses such as website hosting, auto responders, advertising and marketing, domain names, and so on, will give you some idea of how much your marketing effort costs in total.

Don't forget to keep track of all related business expenses, otherwise you have no idea of how profitable your business really is. This in turn may convince you to use those methods that are most efficient in terms of sales per cash outlay.

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