1-2-3's of Internet Marketing
Getting You the Attention You Deserve
  home / marketing strategies /

Budget

Start-Up Costs
  • Domain Name
  • Web Hosting
  • Web Designer
  • E-Commerce Site Needs
  • The following should be included, but not limited to, in your online budget plan:
  • Submission Software
  • Search Engines Tracking Software
  • Banner Advertisement Space
  • Sponsorship Fees
  • Mailing List Software
  • Offline Advertisement
  • Offline Printing Costs
  • Purchase of Target List
  • Market Research Survey

  • Domain Name
    www.YOURNAME.com /.net /.biz /.info /.tv /.org. /.ws /.cc or /.bz
    Your industry dot something - your company's address for potential visitors to find you on the world wide web.

    Pricing is as follows (all information below has been collected from the Verisign web site)

    Commercial - .com $35.00/year Generic - .net $30.00/year Business - .biz $35.00/year
    Information - .info $35.00/year Television - .tv $50.00/year Non-Profit - .org $25.00/year
    Web site - .ws $35.00/year .cc $35.00/year .bz $35.00/year

    Before purchasing a domain name, read the Search Engine section to choose wisely for higher rankings.

    Check to see if your new domain name is available:

    To Top

    Web Hosting
    If your company does not own a server then you'll need somewhere for your web site to reside. Web hosting companies sell server space at a rate more cost-effective than purchasing your own server.

    1-2-3's of Internet Marketing is hosted [and has been since 1998] with FutureQuest. I have tried a company or two with some other sites I've created since and always return for the customer service and quality here.

    Packages range from:
  • $19.95/month ($14.95 for pre-pay of 12 months) - 50 MB Disk Space, 5 GB Unrestricted Bandwidth, 20 POP email accounts and 1 FTP accounts

    to

  • $59.95/month ($54.95 for prepay of 12 months) - 300 MB Disk Space, 20 GB Unrestricted Bandwidth, 75 POP email accounts, 4 FTP accounts and 6 mySQL Databases
    All Packages are fully loaded with awesome features.
  • For a beginners guide on choosing a hosting company, click here.

    To Top

    Web Designer
    If you have a designer in-house, then you'll need to hire a web designer.

    Pricing for a web designer can range from a 3 page web site for $500 and can grow to an infinite number. There's two methods of figuring a price for web designing - A.) hourly rate and B.) rate by project. A web designer who types out the code to create the page will charge by the hour. They will have more control over the code and the size of the code, which will aid in having a faster download. A web designer who uses a WYSIWYG, such as FrontPage, will charge by the project. Nowadays there are little pricing differences between the two types of designers. Quality is close to equal as well.

    Recommendation: I always forward requests for a web designer to Heartistic Designs. I have worked with the designer on several contracts over the past 3 years. Her customer service and quality of work is always above and beyond expectation.

    To Top

    E-Commerce Needs:

  • Merchant or Virtual Merchant Account
    It is in your best interest to be able to accept credit cards online. If you're setting up an e-commerce site, I recommend reading the articles listed here
  • Checks by Phone, Fax or Internet
    Accepting checks is just as important as credit cards, though you rarely hear much about it. For those consumers who either do not use credit cards or who currently have their credit cards at the maximum limit, you'll want to offer another means of payment. Offering a 'mail in' format is good for those afraid to give their credit card numbers online. However, it doesn't help those impulse buyers who want to process the sell now.

  • Suggestion: PayPal or another service that allows you to accept a check online. USA Today says that services like Paypal are "Helpful for home businesses" and "If you run an auction or a small Web site selling homemade items, you can request payment via Paypal. Just fill in the payment information, and send it out like a bill." Read the article here.

    To Top

    Submission Software
    Search engine [and if needed, classify] submission software is a must for those wanting to increase their visibility on the engines. This type of software *blasts* your site's description and location to 1,000's of sites. As you learn in the 'Search Engine' Section, some search engines include in their algorithmm the quantity of sites that list your web site. In other words, the more sites that have your link - the better ranking your site becomes in those engines.

    Recommended Software: Trellian's Submit Wolf Pro and submitting to classifieds, Classify Pro.

    To Top

    Search Engines Tracking Software
    Once your start implementing search engine marketing strategies to optimize your visibility, you will need to measure your results. Web Position Gold TM is the software used by online marketing professionals, including myself. You will track your results and see any sudden drops in ranking. The details report helps you compare your site to the top ranking sites ahead of you. I recommend purchasing this software prior to submitting your site to the engines because of its doorway creation feature and the analysis of your site feature. If you'd like to download a trial copy, click here. Costs are: Standard Edition $149 and Professional Edition $349.

    To Top

    Banner Advertisement Space
    Read the Banner Ads section for more information on this type of marketing.

    To Top

    Sponsorship Fees
    Read the Sponsorships section for more information on this type of marketing.

    To Top

    Mailing List Software
    Read the Mailing Lists section for more information on this type of marketing.

    To Top

    Offline Advertisement
    Read the Offline Marketing section for more information on this type of marketing.

    To Top

    Offline Printing Costs
    Every piece of stationary should have your web address on it. Letterhead, business cards, envelopes, flyers and brochures. Everything should include your web address.

    To Top

    Purchase of Target List
    If you do not have an in-house list of email address that have given your company permission to use, then consider the costs of purchasing a list from a broker. Read the Mailing Lists section for more information.

    To Top

    Market Research Survey
    Once your company's site is up and running, you'll need feedback from visitors. There are many ways to acquire feedback and they each have their own cost. Read the Tracking section for more information.

    To Top

    Want to know more about budgeting?
  • Cut Costs to Increase Profit!
  • Financing Your New Business
  • Free Money (Or Raise Money for Your Business Without Asking Your Bank Manager)
  • Money Saving Tips
  • Obtaining a Merchant Card Account
  • Plan for Success
  •  Marketing Strategies
  • Affiliate Programs
  • Awards
  • Banner Advertising
  • Barter
  • Budget
  • Classifieds
  • Email Marketing
  • Guest Books
  • Marketing Plan
  • Networking
  • Newsgroups
  • Offline Marketing
  • Press Releases
  • Search Engines
  • Sponsorship
  • Web Rings
  • Web Site Extras
  • Web Site Monitoring
  •  Here's What They Say:
    Recommend 1-2-3's of Internet Marketing to a friend:
    Online Marketing Strategies | Business & Marketing Library | Online Tools
    Reference Section |
    Copyright © 1997- Elizabeth M. Varian. All rights reserved.