Investing in your own internet real estate can be a great opportunity to build diversified income streams. Because of low barriers to entry, it often only requires a computer and internet access to get started. There are plenty of free tools like eHow and Blogger that can be leveraged into money making machines in a matter of weeks or even days.
Unfortunately, many of these free internet tools don’t allow you full ownership and control which is why it is important to build income streams that you fully own as well. While purchasing your own domain name and hosting accounts are not expensive, there are associated costs involved.
You may be surprised to find out that there are some ways to save money when blogging on top of the already low barriers to entry, which gives you even more opportunities to make your online business profitable. Check out a few tips below on how to save money blogging!
How to Save Money Blogging
Looking for some ways to save money setting up a niche website or personal blog? Here are 7 tips that can help you keep your costs low, while working to build solid passive income streams.
Photo Discounts – One of the more popular sites to buy photographs and images for websites is iStockPhoto. Before you purchase any photos from this site, look for a coupon code for discounts on sites like RetailMeNot. You can normally find a 20% discount on purchases over $25!
Free Keyword Tools – Instead of running out and purchasing a new fancy SEO tool, why not just use the free keyword tools that are available? Take advantage of all the FREE tools offered by Google, including the AdWords Keyword Tool.
Free Advertising – Want to start promoting your business, product, or service for free? Look for special promotions for MySpace MyAds and Google AdWords for discounts. Both typically offer $100 credits when you open up an account with them.
Use Multi-Year Domain Discounts – Many domain name vendors (i.e. GoDaddy) offer multi-year discounts on your purchases. If you are comfortable registering your new domain name for 2, 3, or even 5 years, there are normally good discounts available.
Domain Name Discounts – Before you make any domain name purchases, ALWAYS look for a coupon code for potential savings. GoDaddy, for example, typically has a wide range of available coupon codes that are active that can save you a lot of money. Check out RetailMeNot as a place to begin your search for current codes for savings.
Purchase .info domains – Instead of purchasing a .com domain name, consider picking up .info ones instead. You can often save about 90% on your order just by purchasing a .info domain. Just make sure your savings are worth it and you are comfortable with this type of domain.
Use Free Blogging Themes – Instead of paying for a premium blogging theme, why not choose a FREE theme? If you are using WordPress for example, there are tons of excellent free quality themes that can be used at no cost. All you need to do is a little research to find one that fits your needs.
Final Thoughts
One of the attractions of building online income is the low costs that are associated. For under $100, you can run a fully functioning website or blog for a year which can be very helpful for making a profit online. But what if you could only spend $90, $80, or even $50 per year instead of $100? If that were the case, you could start up two websites instead of one for the same costs and possibly double your profits.
There are many ways to save money when building internet real estate. If you are willing to spend a little time investigating special promotions and discounts, you can easily reduce your costs and put a little money back into your pocket!
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