What Is The Cost Of Starting An Online Business?
Published on May 21, 2017
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
If you've been researching starting an online business and have arrived here at Wealthy Affiliate for the first time, then you may be wondering what is the cost of starting an online business.
Well, this largely depends on the kind of business you wish to start online.
What I'll cover in this post is roughly what it will cost to get you started building an affiliate marketing business online by following the training offered here at Wealthy Affiliate.
Start An Online Business for Next To Nothing
No doubt you already have a computer or tablet or smartphone to access the internet and have an internet connection, what else do you need just to get underway in the world of affiliate marketing?
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Well, you could pretty just be on your way without needing anything else, but there are a few things that will make this business all the more better.
At Wealthy Affiliate here you can actually join for free, get started on the training for free and even build and host 2 websites for free here. Pretty good deal.
You really need training to guide in in how to properly set up an affiliate marketing business from scratch, and all the training you receive here as a Premium Member is well worth the $49 per month membership.
Once you have decided on what niche (or subject) your business is going to focus one, you will need to buy a domain name. Usually you can get these for around $2.99 for the first year.
You won't need to pay for website hosting, as that's all included in your Wealthy Affiliate Premium Membership.
That's basically all you need to get started. As an affiliate, you are promoting the products of other companies for a commission, so there are no expenses on stocks or shipping. You don't handle any of that. And it's free to join these affiliate programs, so no cost there either.
Down the track there will be other expenses as you grow your business, but by then you are likely drawing a steady and increasing income from your affiliate marketing business, and your business will actually be able to pay for other expenditure, such as paid advertising, for example, outsourcing work, building an email list.
So to sum up, all you really need is:
- A computer
- Internet connection
- Domain name
- Wealthy Affiliate Premium Membership
If you have these 4 essentials, you are good to go and well on your way to establishing a profitable online business.
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