How Much It Costs to Build A Niche Store
If you have been active on the make money online blog world, you must heard of the script called “Build A Niche Store“. If you don’t know what it is, please read my post about it here. If you are interested in getting started in setting up your own niche store empire, you must start with planning. Without careful planning and analyzing, you will fail sooner or later. The first thing you might have to think of is the cost of starting up. The saying “you have to spend money to make money” is true if you are serious about making money off your niche stores. Today I am going to tell you in detail of how much it will cost you to build a niche store.
Build A Niche Store Script - there are 2 things that you have to have for building a successful niche store empire, the Build A Niche Store script is one of them. The script helps you spit out niche stores in minutes. It is also very good at SEO and customizing. There are other scripts for such work but BANS is the only I would recommend because it is the easiest and most user-friendly. Your goal is to have more stores in less time. The script is $97.
Web hosting - the other thing that you must have is web hosting. You need a home for your niche stores. Since having a niche store empire is like having a real business, you want your business to be hosted in a safe and reliable place. When your hosting provider is down, your business is down. You need to have a host that is always up and always fast. Most other niche store experts recommend using Hostgator, but I think BlueFur is better. Hostgator is quite fast and reliable but it is a bit crowded. From the months I’ve been using BlueFur I have never experienced downtime and it was always fast from end to end. One hosting is good for many niche stores so you only have to get one. Start with the most basic package and upgrade when needed. Their Mini UNIX package is $6.95 per month.
Domain names - you don’t have to register a domain name for your niche store but it is highly recommended to do so. Your visitors will most likely buy something through your store if it has a related and a well-thought-out domain name. It helps build you a brand and a strong image. A domain costs $9.99 per year through Godaddy. If you use this couple code during your checkout “OYH3″, it is only $6.99 per year.
Keyword research tool - if you want to build a rock star niche store empire, you should invest in a paid keyword tool. You can get by with the free WordTracker trial during the initial stage but when you start to build more and more stores, a good keyword tool will help you big time. Depending on your development style, you can get different tools at different prices. You can spend $329 for an annual subscription of WordTracker but I think that is not the best way to invest your money. I recommend doing keyword research one day per week. That way you only have to spend $7.95 for a daily subscription of Wordze, also a very good research tool. The total amount you will spend per year is $95.40.
These are the basic requirements for starting up your niche store empire. Of course you might spend more on other tools and resources down the road but it is a good idea for planning your budget. If you add everything up, the total cost for the first year of operation is $345.7, assuming you will have 10 stores. That translate to $28.81 per month per store. When you divide it by 10, it is only around $3 per month. Believe me you can easily make that back plus more.
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Tags: bans, Build A Niche Store, costs, domain, fee, godaddy, hosting, Niche, store, Web Hosting, wordtracker, wordze
