How to Successfully Make Money As an Online Business Entrepreneur for Under $200

Becoming an online business entrepreneur nowadays is a lot easier than several years ago. You even can start and operate an online business for less than $200. This article shows you how to build an online business on a shoestring budget which brings you multiple streams of internet income each and every month to come.

Here are 6 steps you need to follow in order to build a successful online business.

1. Find great products

The easiest and quickest way for you to start making money online as an online entrepreneur is becoming an affiliate. As an affiliate, you make internet commission by offering other people's products.

Here is one of the best online affiliate networks that can provide you with a number of quality products to make money with: ClickBank dot com. Visit this site and pick up products you want to make money from.

The good news is that these affiliate programs are free to join.

2. Register a domain name

You will have full control of your online business when you own a domain name. For instance, owning a domain name enables you to optimize your site so as to it gets high rankings on major search engines such as Google, Yahoo and MSN. This will generate tons of free targeted traffic to your website. This means you not only make a lot of money but you also do not need to spend a dime on advertising.

Here is a good place to purchase a domain name: NameCheap dot com. A .com domain name just costs you $9.95 PER year.

3. Purchase a hosting account

To run an online business website, besides a domain name, you need a hosting account. You should invest in buying a web host as it builds your professionalism and it shows your potential customers that you are serious about running your online business.

A good hosting account package nowadays just costs you $7.95 per month. Visit hostgator dot com to order one if you do not know where to spend your money on buying a web host.

4. Build a lead capture page (also called squeeze page)

A lead capture page allows you to collect name and email addresses of visitors coming to your site. Once you have this information, you easily keep in touch with your prospects so that you can put your offers in front of them when they are ready to buy.

A lead capture page is very simple. It includes a headline, a subhead and a sign up form. You easily build one by using free WYSIWYG (what you see is what you get) web design software (for example: Nvu).

To create a sign up form on your squeeze page, you need an autoresponder which you can buy at Getresponse dot com. This service costs you $17.95 per month.

5. Upload your lead capture page

To get your squeeze page up and running, you need to upload it to your web host. There is a free software which can help you do that easily. It is
Filezilla. Do a search on Google using keyword "Filezilla" (with quotes) to get this wonderful software.

6. Drive targeted traffic

In order for you to start making money online, you have to drive targeted traffic to your squeez page. The more traffic you drive, the more prospects you get and the more money you generate.

Because you are on a limited budget, you should focus on free online marketing methods which generate targeted traffic. Some of them are article marketing, forum marketing, blogging, etc.

As you might have seen, you just have to spend money on buying a web host, a domain name and an autoresponder service to start making money online. In fact, you do not need to spend over $30 per month for maintaining your online business. So, if you follow steps above and only focus on driving targeted traffic to your lead capture page, you can succeed making money as an online business entrepreneur.

About the Author:

Dang Vu is dedicated to helping you successfully start and build your own online business.