Save Money By Cutting Recurring Expenses
One of the greatest things about running an online business is
the extremely low operating costs it has compared to a brick and
mortar business. However, there are still many tools online
marketers need. In essence, web hosting, auto responders, list
servers, ad trackers, and payment processors are the basic tools
we use. There are a wide variety of services available for
handling these facets of our businesses for us. However, these
simple services can add up to hundreds of dollars of unnecessary
recurring monthly expenses if we allow them to do so. Auto
responder services run anywhere from $15-$30 a month. Paid list
servers run anywhere from $25 a month to 1000s of dollars a
month depending on your list size. That may sound hard to
believe, but trust me, I've researched that topic to death and
they can. Ad tracking services rack up additional charges as
well, as do payment processing fees. All these together can
become quite an expense, depending on what services you use. And
while there are free services covering some of these tools, they
typically are not as good, don't appear as professional, and are
limited on features. From what I see around, however, there are
many who don't realize that paying these recurring monthly fees
is unnecessary. The reality of it is this. If you have a good
web host, that allows you full CGI access, you can buy scripts
for these tools at a one time expense and never have to pay
recurring monthly fees again. After having gone through the
process of searching for the best services myself, I've always
come to the same conclusion. I'd rather own a copy of a script
that can do these things right off of my own site so I don't
have to keep paying others to do it for me. Yes, it may require
a slightly more expensive web hosting service, but what's a few
more dollars on one monthly bill in exchange for getting rid of
3-4 other monthly bills altogether? As well, to me, it is more
professional to run these things from my own site. My auto
responders have my domain name in the address, not the domain
name of some auto responder service. Same with my ad tracking.
All my links reflect my site, not someone else's. The price
required to purchase CGI scripts for auto responders or ad
tracking or running a mailing list IS higher than the price of
ONE month of service through an auto responder, ad tracking, or
list server company. But what about after 6 months? What about
after a year? A one time script purchase is done quickly and
paid for, usually at about the same price as 3-4 months of
paying recurring monthly fees for other's services. Even if you
don't know how to install CGI scripts at this point, you can
learn, or you can pay someone to do that for you. Often the
script owner is willing to provide that service. While that may
be an extra expense it is still only a one time fee and less
than paying recurring fees month after month, year after year.
If you're in business to stay in business, it's easy to tell
which is the better alternative. And that's without even
figuring in the added professionalism you get when running
everything from your own site. Now, I realize everyone's
situation is different, but this is something I believe everyone
needs to think about. Recurring monthly fees are just plain not
justified if you can get the same or better quality tool without
them. It's the same thing with merchant services that expect you
to pay recurring monthly fees. It's unnecessary. All payment
processors will take a commission off your sales, yes, but why
pay them monthly fees as well? To help you out, I've prepared a
list of the services and tools I use and recommend. The list
includes payment processors, scripts for mailing lists, auto
responders, ad tracking, sending referrals, web hosting, and
more. You can access it for free here:
http://www.netplaynewsletters.com/rectools.html I think you'll
agree that trimming your recurring monthly expenses is a good
idea. Some of the monthly fee services are quality and they do
market themselves well around the Internet. And I don't mean to
knock them. Still, when it comes to saving money and increasing
profits, don't forget there IS a less expensive alternative you
can go with.
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