Online business is very popular right now. People believe and get temptation to start an online business after knowing how existing businesses survive and benefit from the internet. Well, if you are going to build an online business from scratch, you need to know what you are going to spend for. Here are some basics in online business startup that will cost you some money:
What kind of online business are you going to start? If you want to sell apparel, accessories, shoes, and other fashion items, you have to supply from merchants for sure and spend for buying the products. It’s different will offer a service, like content writing, internet marketing, web development, and tutoring service.
Website is your online presence. To set up a website for business, you are also required to spend some bucks for:
- Domain name. You can buy a domain name from GoDaddy, Register, or others. Domain name costs you starting from $5.00 per month (depending on the name and extension).
- Web hosting. Web hosting package is your main essential to store your data and make your site accessible. You’ve to pay around $15 per year.
- Web design. Designing a website is not easy, so you may consider hiring Cakra Studio that will also cost you some dollars.
You will start an online business successfully by implementing the right marketing and promotion strategy. This surely also requires you to spend some money for buying email list, PPC campaign, and SEO.