Pitfalls To Avoid As A Newbie In Internet Marketing Part I – Budget
Over-spending, this is possibly the easiest and most damaging trap to fall into when starting out on your Internet Marketing venture. Not having a clear idea of your budget.
This is not only the AMOUNT of MONEY that you want to spend (or have available to spend), but just as importantly your TIME allocation and the HOW and WHEN you are going to spend it.
It is after all pointless to spend a hundred dollars on a product or service if you realistically are only going to see returns from the investment in a year be it increased visibility or actual sales. What you want to do is work out where to do your spend to get the most bang for your buck equally for money and time. One of the great things about marketing on the net is that there are still ways to promote and start earning income that will cost either very little or are for free. So, the idea is to get the business to PAY for itself as soon as possible via sales, commissions, whatever.
One part of the problem in going in and denting your credit card is that at the end of the day, you have to fund that spend you have to...
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