I got $2,000 to spend
- Thread starter yoink*gasp*
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I would use the 2k for a PPC campaign but you gotta make sureyou do it right or you will lose bad
You're kidding me right?
I started with $200 and tripled it my first month. Sure, not a lot, but the % is impressive, turn that 2k to 6k and keep rolling! Just find a good offer and talk to your affiliate manager about what offers convert well but don't have a lot of people pushing it atm.
Are you kidding me?
The "saving" idea is stupid if your true idea is to generate more money. If you're interested in affiliate marketing then you probably already know what action steps you need to take to start making $$$, but if not they are simple:
1) Find an affiliate offer you'd like to try (preferably not in an oversaturated niche)
2) Set up a landing page or content site focused around the affiliate offer (if it's a content site then SEO it - whitehat for long-term, black-hat for short-term high growth on quick projects / some clever mix of the 2 if you are looking for a longer term venture that you still want to climb organic rankings quickly)
3) Set up PPC campaign in Adwords/Adcenter etc
4) Set up budget for campaign
5) Start testing effectiveness (CTR) of campaign, try to get a high QS for better conversions by focusing on shorter keyword groups, then once your QS is high start adding in a lot more keywords that you think can drive traffic to your site
6) Optimize your site to make sure it converts
7) Optimize your PPC campaign to make sure you're converting and you've tweaked it to make it as profitable as possible
8) Start throwing money at your PPC campaign, but always monitoring it like you'd monitor a stock option, always watching for volatility and ever-ready to change the campaign or turn it off it becomes unprofitable.
9) Buy stuff with your $$$$$$$$$$$$$
This is by no means exhaustive, but it just outlines steps you can take to set up an affiliate offer and start making some $$$. Never stop tweaking, never stop asking ?'s, never think you know it all. You can start with $2K and turn it into a helluva lot more than that with some hard work and patience. I'm relatively new to the AM game myself, but this I think is advice everyone can agree with. If you want to learn more read Jon's blog, search around the archives of WF, go ask ?'s in other forums as well as this one, and most importantly start trying stuff! You'll never go anywhere without some effort.
The "saving" idea is stupid if your true idea is to generate more money. If you're interested in affiliate marketing then you probably already know what action steps you need to take to start making $$$, but if not they are simple:
1) Find an affiliate offer you'd like to try (preferably not in an oversaturated niche)
2) Set up a landing page or content site focused around the affiliate offer (if it's a content site then SEO it - whitehat for long-term, black-hat for short-term high growth on quick projects / some clever mix of the 2 if you are looking for a longer term venture that you still want to climb organic rankings quickly)
3) Set up PPC campaign in Adwords/Adcenter etc
4) Set up budget for campaign
5) Start testing effectiveness (CTR) of campaign, try to get a high QS for better conversions by focusing on shorter keyword groups, then once your QS is high start adding in a lot more keywords that you think can drive traffic to your site
6) Optimize your site to make sure it converts
7) Optimize your PPC campaign to make sure you're converting and you've tweaked it to make it as profitable as possible
8) Start throwing money at your PPC campaign, but always monitoring it like you'd monitor a stock option, always watching for volatility and ever-ready to change the campaign or turn it off it becomes unprofitable.
9) Buy stuff with your $$$$$$$$$$$$$
This is by no means exhaustive, but it just outlines steps you can take to set up an affiliate offer and start making some $$$. Never stop tweaking, never stop asking ?'s, never think you know it all. You can start with $2K and turn it into a helluva lot more than that with some hard work and patience. I'm relatively new to the AM game myself, but this I think is advice everyone can agree with. If you want to learn more read Jon's blog, search around the archives of WF, go ask ?'s in other forums as well as this one, and most importantly start trying stuff! You'll never go anywhere without some effort.
I couldn't believe that either!
Dude with the 2k:
There were some good hints on this thread already. 1 thing to make sure of tho.... don't you DARE spend a penny of thet money on "How-to" do anything!
Another thing:
If there's shit you don't know how to do (build a site, make a big keyword list, write articles/press releases, or whatever), then PAY someone who will do it for dirt cheap and MAKE SURE THEY DO IT RIGHT!
I use Guru.com - The world's largest online marketplace for freelance talent. for contract employees. (don't fucking argue with me, I like their service)
WHATEVER YOU DO:
DON'T SAVE YOUR MONEY...
And for those idiots who told him/her to save.... PLEASE STOP POSTING.
There is nothing idiotic about saving your money. You are better off saving than making a poor investment and losing a large chunk of it. Look what happened to the dotcom speculators in 2000. Most of them lost it all.
This shouldn't be coming from me.
If you don't spend the time and money testing a niche, then you won't know how it'll convert.
Start with ppc, but start slowly in order to make sure things work, you make profit, etc. Put as a target at least ROI 100%! That means more or the less that you can double your money with your network on a monthly basis. Look into ppc advertising for cpa offers using the big 3: Google, Yahoo & Adcenter. But also try 2nd tier engines for arbitrage! We are here to make money, so saving 2k I don't see as a solution. I mean 2k you can turn into 10k per month after a few months... Good luck! 
If you are going to do arbi I suggest looking at the Google content network. It is much more difficult getting large numbers of impressions from the second tier engines unless you are in highly competitive markets and even there prices are climbing.
You may need to test a whole bunch of campaigns before you get a winner. Once you do, you can get 10's of thousands of impressions for .01.
Unless you have volume you will need a lot more campaigns. The content network is the only one I've found with the most volume in many niches.
Only once you have that volume can see decent profits from 2 to 3x+ ROI off a single page or campaign.
A good target to shoot for?
-CTR of 1 to 5% on Adwords
-getting a CTR of 25%+ on Adsense
Let's say you have 64,982 impressions at a 5.47% CTR on your Adwords spend at just over .01 average. Your cost is now $41.08/day
Now let's say from those 3559 impressions on your Adsense page you get a 31.94% CTR. You have 1140 clicks on your Adsense ads. Let's say you get paid an average .108 for each click. Revenue is $123.31.
You've made $82.23/day, 2x your investment.
Why the weird numbers? It's based on a live campaign I'm running right now. I grabbed the numbers off my report pages.
So it costs you $1200 for the month but you get back $3600.
The problem is you may need to test a LOT of campaigns before getting a winner so it may take you 2 full weeks of full on launching campaigns to find a good one. On the other hand, you may luck out like one of those ebook authors and find a super profitable niche right off the bat.
You may need to test a whole bunch of campaigns before you get a winner. Once you do, you can get 10's of thousands of impressions for .01.
Unless you have volume you will need a lot more campaigns. The content network is the only one I've found with the most volume in many niches.
Only once you have that volume can see decent profits from 2 to 3x+ ROI off a single page or campaign.
A good target to shoot for?
-CTR of 1 to 5% on Adwords
-getting a CTR of 25%+ on Adsense
Let's say you have 64,982 impressions at a 5.47% CTR on your Adwords spend at just over .01 average. Your cost is now $41.08/day
Now let's say from those 3559 impressions on your Adsense page you get a 31.94% CTR. You have 1140 clicks on your Adsense ads. Let's say you get paid an average .108 for each click. Revenue is $123.31.
You've made $82.23/day, 2x your investment.
Why the weird numbers? It's based on a live campaign I'm running right now. I grabbed the numbers off my report pages.
So it costs you $1200 for the month but you get back $3600.
The problem is you may need to test a LOT of campaigns before getting a winner so it may take you 2 full weeks of full on launching campaigns to find a good one. On the other hand, you may luck out like one of those ebook authors and find a super profitable niche right off the bat.
Do you guys use automated scripts to do "2 full weeks of full on launching campaigns?"
Has anyone updated Lerchmos to take into consideration the Google changes on pics next to ads?
I do mine all manually for now. Other WF members who are successful with arbi, probably more than me are also doing it manually. Manual sucks but you have more control and once you have it down it doesn't take too long to create pages.
Still, I am looking to automate at least portions of it yet still retain the fine control.
Still, I am looking to automate at least portions of it yet still retain the fine control.
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