I'll spent it to improve my online business. I'll buy some new websites that can earn much and for advertising.
I'm going to enter a PPC coaching course then use PPC to earn at least 5 figures a month. I'm going to pay a keyword researcher to find me a profitable market, outsource writing of website contents and articles then put Adsense on it. By this time, I will be accepted to a CPA network and have lots of money to invest then goal is to make 5 figures a month on CPA alone.
I would take that 5,000k and 200 articles written up for me that would be $600 dollars. (that will leave me with 4400 dollars) Use a software or service to submit like 3 to 5 articles a day to article directories. I would then take $1500 dollars and sign up with different solo ads every week. (that leaves 2900) I would then repeat the process and when i make sales...take 50% of what i earned then reinvest it back into marketing. Why'lll doing this i would have a job if i were you. Use your salary to pay your bill (light, rent, phone bill) That 5k is your marketing budget. Remember its all a numbers game the more targeted traffic you get to website the more money you make period. So thats how i would use the 5k towards article marketing and newsletter advertising
I think fhs3 hit it right on there, I definitely agree. To add to that zf1nley, Since you are trying out paid traffic, you don't want that to be you're only source of traffic though. So you'll want to also fully SEO optimize your website for maximum exposure through free traffic as well. Oh yeah, and it might make your life a little easier, you might want to hire some outsourcers to do some of the grunt work for you, like article writing, etc...unless you don't mind doing that kind of stuff. I have no idea what kind of website it is though, are you an affiliate or a product owner? Cuz then there can be totally different uses with that money you have there. But in most cases IMO affiliate or product owner, building a list is essential, especially as a product owner, not so much affiliate, but it definitely gives you a boost in leverage. But with $5K having an autoresponder is a must IMO, it gives you an asset, and if you're using PPC then it's kind of like you pay once, and you can market them for free for however long they stay as a subscriber, which if you treat them right, would be a long time.
Low-risk investment. I'd get something that I know would give me a return (buy low, sell high). If not, I would use the cash to fund one of my own new ventures.
$5000 is a lot of money in the world wide web. But I think I wont be able to think of how to spend the money right away so I will be keeping it for a while. Either in paypal or in my bank account. Even though, of course Im willing to invest it in outsourcing people to increase my site's pr.
I'd fine-tune the salesletter and test different headlines, offers, and so on to boost conversion rates. If the copy stunk and I didn't have time to rewrite it myself, I'd hire another copywriter to do it for me. I'd run some PPC for a few hundred dollars to get some conversion data, then contact other people in the same niche to try get them on board as an affiliate. I'd take half of what was left and invest it into my next group of info-products that I wanted to develop. The balance, I'd toss in the bank.
From my opinion i will spend some money on having good design for my site. I will spend remaing money on advertising only when i get some good response, otherwise spending money on promotion and advertising at the very beginning is not wise...
I'd invest in my design and photography skills. I'd go for forums and do crush courses in Adobe programs, Photography and 3DS Max. I'd buy gadgets to enhance my work - Upgrade my camera and computer maybe, by a few lenses, printer, software etc. Then make money from this!
If you are thinking of investing money in advertisement then I guess you should give adwords at least a try. Although there is risk but risk is in everything you do in life.
i will buy a good established website with atleast 5000 daily unique visitors...and then will try to get back my money through advertising on my site
Actually quite a good idea. I would probably something along those lines. And then learn how to manage a huge team of full time virtual assistants
I'd look for established, but underperforming sites on Flippa (both traffic & revenue), identify those which can be reasonably easily improved with a tweak here and there, and spend 2.5k max to buy them. Then I'll spend the second 2.5k to implement the tweaks, resulting in increased traffic and revenue, and then flip them for tidy profit.
I would invest it in a business where it is assured that not only i get profit but also my customers,my workers.... get benefited and surely thereby i can become the best business man ever in the whole world