What is the best way to market a new online business for the least amount of money?

[Colin S]

Create a Squidoo Lens and a Blog (at Blogger.com) about your business with links placed inside the Lens/Blog to your products/website.Write articles about your business, with a link to your
Blog/Lens/Website placed in the resource box,then submit your articles to ezinearticles.com,searchwarp.com and goarticles.com. Go to Google Site Submitter and enter the url's of your Lens/Blog/Website at least once per week.
Ping your Blog/Lens at Pingoat.com and Pingomatic.com, every time you update them or make any alterations.
Submit your Blog to a Blog Directory.Create an ebook or a short report about your business containing links to your Website/Lens/Blog and affiliate products, give it away or sell it for a small amount and then ( if its any good), people will be selling it or giving it away all over the internet and when people click on the links inside the ebook/report,they will be taken to your Website/Blog/Lens or affiliate products. Offer free items (ebooks etc.) in exchange for them opting into your mailing list (you would need Aweber or Getresponse to do this).
There are lots of ways to drive traffic to your Website and the ways that I have mentioned above are all free!
The only expense would come from Aweber or Getresponse and of course the hosting of your Website.
Do not pay for Search Engine Submission, in my experience this is a total waste of hard earned cash.
I hope this helps,
Colin