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Why Internet Marketing, Business and Finance? - Part 3

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Finally we have reached the last installment of the 'Why Internet Marketing, Business and Finance?' series. I didn't really have the intention to drag this on to a 3 parters ala Rambo, but sometimes I can really just go on and on!

Damn....I really got to break this naggy habit of mine. =P

Before I waste more time, let's move to the 'Financial' part, shall we?

Now, when we do business, we all only care about one primary concern - profit.

Profit determines if the business is going to be sustainable in the long term.

Profit tells us if the business is worth the while.

Profit in business is everything. No one wants to go in only to find himself facing a loss before long!

Therefore, essentially, having a profit means getting more money coming in than going out. Clearly, having a good understanding of money matters is going to help tremendously.

And when it comes to money matters, a good grasp of finance is absolutely critical.



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Why Internet Marketing, Business and Finance? - Part 2


Ok we've got Business covered, now on to Internet Marketing.

So what exactly is Internet Marketing?

It doesn't take a rocket scientist to find out actually. Well, essentially it is marketing through the Internet. Duh!

 Basically, Internet Marketing = online business or using the Internet as a medium to promote/sell one's or others' product.

If you ask me, I think Internet Marketing is a fantastic business model to start off with.

The start up cost is low. For a start, all you basically need is to invest in  a domain name and hosting package. Nowadays these doesn't amount to much. You can get a domain name (.com) for less than 10 dollars and a good hosting package for just 10 bucks per month. That's it! You can get free hosting though but that is not really recommended as there are a lot of restrictions and limitations.

You may move on to get more tools and resources, and that will add to your expenses, but nothing that is earth-shatteringly costly.



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