Should You Pay To Join An Internet Business?
There are many ways to make money online and there are just as many ways to spend it. The question is; what should you be spending money on in order to make money? Let's look at the types of income you'll probably run into on the Internet,
Business "Systems" and Instant "Wealth" Programs:
Most of the types of businesses you'll be finding online require you to purchase either membership or the software download to start the business. These kinds of business are basically marketing businesses. Chances are that no matter how they phrase their pitch to you, they are all offering you the same basic business. The business you are purchasing is a copy or mirror site of the same pitch page you are looking at. Once you have paid the fee for membership or for the download and guides, you will still have to try to find other people to buy what you just did.
So the cost of the "package" is just the start. In order to get other people to buy, you will very likely have to budget an advertising package to make any money at all.
Total Cost Estimate: $40.00 to 400.00 and then ongoing advertising costs: $60.00 per month
Profit Probability: Slim- Usually only one percent of people involved in Internet business "systems" make any money at all. If you are an expert at marketing, you may stand a chance.
Paid Per View:
Paid to view and paid to click sites offer a very small amount of money ( usually less than one cent) each time you view an emai, click on a website, or tour a site. The amount of time it takes to actually make any money is horrible. Clicking ads for one hour would probably make you about sixy cents. The only real way to make money on this type of business is to have many referrals under you. Then you get a percentage of what they make clicking. However, unless you have either a million friends who love to click or pay for referrals by either advertising or spamming forums, you are not going to make enough money to buy yourself a coffee at the end of the day.
Total Cost Estimate: $0.00
Profit Probability: Slim - You will make a little money (and I do mean little).
Survey Lists:
There are many businesses on the Internet that will provide you with a list of survey sites that pay. The lists are legitimate companies and all of them will pay but many of them do not pay in cash. More often the majority pay in points, or sweepstake entries or in gift certificates. Keep in mind as well that many of the survey company lists are for U.S. residents only. There are less that take Canadian or International panelists. However, having tried this myself I can say that you will probably make money if you sign up with many of them. The amount you will make will not be enough to count on as regular income but more likely, extra cash. Focus group participation is sometimes offered at survey sites. This pays much more, anywhere from twenty to one hundred dollars per hour. Because you don't get regular invites for focus group participation, you can only look at this as bonus income.
Total Cost Estimate: $ 19.00 to $49.00 one time fee.
Profit Probability: Good - If you sign up at a lot of the paying survey sites you should have paid off your "investment" in a short time. The extra cash is a nice treat but not an income.
Blogging
Blogging doesn't cost anything to begin with, you can get a free blog account at blogger.com, put Adsense on for free, and put on other ads if you want to for nothing as well. That said, you will still need to have people visiting your blog to make money. Blogging is a on going investment of time and work. The upside is that once you have traffic, there is no doubt you'll begin to earn through Adsense. Now, because Adsense doesn't like blogs "buying" traffic from Paid to View sites, you have to use other forms of getting traffic. Many of these are no cost or low cost. Spreading your site url through writing articles is one no cost method. Submitting your url to directories is another no cost method (you can do this manually) or low cost (paying for high ranking directory listings). You also can submit your site to the search engines for nothing. I would say that most people want to get traffic faster and so in fact will spend a certain amount of money towards linking and some will want to spend some money on SEO tools or services.
The great thing about this type of work is that it grows as you put more time into it. When it grows, so does your profit.
Total Cost Estimate: $ 0 Start Up, $45.00 to get it rolling.
Profit Probability: Good - If you invest the time and keep working you will make money. Be realistic. Don't expect money coming in until your traffic goes up.
All in all you have to consider the cost vs the amount of money it takes to make money. If the cost, including ongoing advertising is greater than the profits you can expect to make, don't do it. If you are confident you can make more money than your investment, you have created income for yourself.
Business "Systems" and Instant "Wealth" Programs:
Most of the types of businesses you'll be finding online require you to purchase either membership or the software download to start the business. These kinds of business are basically marketing businesses. Chances are that no matter how they phrase their pitch to you, they are all offering you the same basic business. The business you are purchasing is a copy or mirror site of the same pitch page you are looking at. Once you have paid the fee for membership or for the download and guides, you will still have to try to find other people to buy what you just did.
So the cost of the "package" is just the start. In order to get other people to buy, you will very likely have to budget an advertising package to make any money at all.
Total Cost Estimate: $40.00 to 400.00 and then ongoing advertising costs: $60.00 per month
Profit Probability: Slim- Usually only one percent of people involved in Internet business "systems" make any money at all. If you are an expert at marketing, you may stand a chance.
Paid Per View:
Paid to view and paid to click sites offer a very small amount of money ( usually less than one cent) each time you view an emai, click on a website, or tour a site. The amount of time it takes to actually make any money is horrible. Clicking ads for one hour would probably make you about sixy cents. The only real way to make money on this type of business is to have many referrals under you. Then you get a percentage of what they make clicking. However, unless you have either a million friends who love to click or pay for referrals by either advertising or spamming forums, you are not going to make enough money to buy yourself a coffee at the end of the day.
Total Cost Estimate: $0.00
Profit Probability: Slim - You will make a little money (and I do mean little).
Survey Lists:
There are many businesses on the Internet that will provide you with a list of survey sites that pay. The lists are legitimate companies and all of them will pay but many of them do not pay in cash. More often the majority pay in points, or sweepstake entries or in gift certificates. Keep in mind as well that many of the survey company lists are for U.S. residents only. There are less that take Canadian or International panelists. However, having tried this myself I can say that you will probably make money if you sign up with many of them. The amount you will make will not be enough to count on as regular income but more likely, extra cash. Focus group participation is sometimes offered at survey sites. This pays much more, anywhere from twenty to one hundred dollars per hour. Because you don't get regular invites for focus group participation, you can only look at this as bonus income.
Total Cost Estimate: $ 19.00 to $49.00 one time fee.
Profit Probability: Good - If you sign up at a lot of the paying survey sites you should have paid off your "investment" in a short time. The extra cash is a nice treat but not an income.
Blogging
Blogging doesn't cost anything to begin with, you can get a free blog account at blogger.com, put Adsense on for free, and put on other ads if you want to for nothing as well. That said, you will still need to have people visiting your blog to make money. Blogging is a on going investment of time and work. The upside is that once you have traffic, there is no doubt you'll begin to earn through Adsense. Now, because Adsense doesn't like blogs "buying" traffic from Paid to View sites, you have to use other forms of getting traffic. Many of these are no cost or low cost. Spreading your site url through writing articles is one no cost method. Submitting your url to directories is another no cost method (you can do this manually) or low cost (paying for high ranking directory listings). You also can submit your site to the search engines for nothing. I would say that most people want to get traffic faster and so in fact will spend a certain amount of money towards linking and some will want to spend some money on SEO tools or services.
The great thing about this type of work is that it grows as you put more time into it. When it grows, so does your profit.
Total Cost Estimate: $ 0 Start Up, $45.00 to get it rolling.
Profit Probability: Good - If you invest the time and keep working you will make money. Be realistic. Don't expect money coming in until your traffic goes up.
All in all you have to consider the cost vs the amount of money it takes to make money. If the cost, including ongoing advertising is greater than the profits you can expect to make, don't do it. If you are confident you can make more money than your investment, you have created income for yourself.
posted by Brenda M | 12:18 PM
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