Lightning Round #3!!!

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Jon

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Jun 21, 2006
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Lightning round will start at 4pm EST (10 mins from now).

Get those questions ready boys and girls.. This weekend is a big money making one!

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When researching a Niche, what do you look for to determine if it's worth pursuing, process?
 
Xrproto said:
When researching a Niche, what do you look for to determine if it's worth pursuing, process?

First I do market research on the particular niche. Things I look for is offline mostly.
Will it be profitable?
Did it hit it's peak yet?
Are people bidding high on the engines for it ($3+ per click)?
How many competitors are there?
How much work is potentially involved?

There are tons of questions to ask yourself, and it also depends on how you plan to make money from it. Is it going to be affiliate marketing? Arbitrage? CPM? Content site? Forum? etc..
 
katoved said:
How do you operate your business in terms of legal structure, accounting, taxes, etc....? EIN numbers and # of AdSense accounts?

That is one tough question..

But I have a simple answer. Hire an accountant, and let him/her handle those headaches for you. When you sign up to any ad network to get paid, always use your company's EIN and name. Open a business account, and the accountant will keep track of everything for you, so you can do what you know, which is make money.

Note: Watch Family Guy's "Wish Upon A Wienstein". :xmas-smiley-016:
 
if you only had 3-4 hours a day to focus in one area of making money online, where would it be?

ppc arbiturage, site flipping, traditional affiliate marketing, mfa content sites, etc.?
 
Jon said:
First I do market research on the particular niche. Things I look for is offline mostly.
Will it be profitable?
Did it hit it's peak yet?
Are people bidding high on the engines for it ($3+ per click)?
How many competitors are there?
How much work is potentially involved?

There are tons of questions to ask yourself, and it also depends on how you plan to make money from it. Is it going to be affiliate marketing? Arbitrage? CPM? Content site? Forum? etc..

When doing market research off line, what do you use? Periodicals? Magazines? Something else?
 
Is PPC arbitrage going to be a hard place for newbies to start? Should they first venture around in other places before fiddling with PPC arbitrage? When making an arbitrage site, does it need to have a lot of pages, or is better to throw up fewer pages?
 
when creating content for niche markets, and taking into account that any of the content written is relevant, keyword rich, etc., are you better to have X number of lonnnng articles or xxx number of shorter articles? the lonnnng articles could have links to anchors on the page.

i'm not sure if i should just whip out a bunch of 250-500 word articles or write bigger ones that might be more useful.
 
Jon said:
First I do market research on the particular niche. Things I look for is offline mostly.
Will it be profitable?
Did it hit it's peak yet?
Are people bidding high on the engines for it ($3+ per click)?
How many competitors are there?
How much work is potentially involved?

There are tons of questions to ask yourself, and it also depends on how you plan to make money from it. Is it going to be affiliate marketing? Arbitrage? CPM? Content site? Forum? etc..
Not sure if that was a thinking question or one for me to answer. It will be content the one I'm really looking into.

I will have to check back on Monday. Thanks.
 
kyleirwin said:
if you only had 3-4 hours a day to focus in one area of making money online, where would it be?

ppc arbiturage, site flipping, traditional affiliate marketing, mfa content sites, etc.?


Hands down, PPC Arbitrage. You can have everything setup in an hour or less. The best part about it is that it follows that guy "Ronco"'s famous line "Set it and forget it". Because all you need to do is setup the keyword niche on the engines, put cash into the account, set it and forget it. And just repeat over and over until you are tired of doing it or feel satisfied in the cash flow.
 
katoved said:
When using Adwords and Overture, how do u successfully do arbitrage? It seems that the profit margin is so slim, or non-existent, that it rarely is effective.

I don't use either of those for arbitrage.
 
KSRothwell said:
When doing market research off line, what do you use? Periodicals? Magazines? Something else?

Typically business magazine or best yet is WSJ (Wall Street Journal). I look at industries, how they are doing and how they have done up until now. I also search around for information on what the experts are saying about them. If you can't find an answer, there are hundreds of message boards for this and you can just ask investment guys there what they think. Generally speaking, you'll get a lot of positive responses for the industry because people think you are going to be buying stock.
 
katoved said:
Wow, what search engines are u using for arbitrage? It seems that everything else out there is of such low quality and such insignificant numbers.

You need to re-read my blog. I listed everything there.

www.aojon.com
 
juniodude said:
Is PPC arbitrage going to be a hard place for newbies to start? Should they first venture around in other places before fiddling with PPC arbitrage? When making an arbitrage site, does it need to have a lot of pages, or is better to throw up fewer pages?

The best way for a newbie to get started, is to start small. A typical newbie is short on time, cash, and knowledge. You don't want to blow your entire campaign on just a guess. Trial and error is your best bet. Make 2-3 pages for one niche, and make a campaign targeting each one seperately. Spend maybe $10 a day on each campaign and just fine tune the ads so that you are getting a great CTR and most importantly a high ROI.
 
Jon said:
Typically business magazine or best yet is WSJ (Wall Street Journal). I look at industries, how they are doing and how they have done up until now. I also search around for information on what the experts are saying about them. If you can't find an answer, there are hundreds of message boards for this and you can just ask investment guys there what they think. Generally speaking, you'll get a lot of positive responses for the industry because people think you are going to be buying stock.

Wow Jon. That's golden information there. Thank you.
 
katoved said:
What was your most successful black hat operation that no longer works?

The porn network I had. Stayed on Google for 2 years, had over 250 domains, with hundreds of thousands of pages. I dominated that entire porn niche for those entire two years too. Made a ton of cash, and after that I too a year off to quit adult and get into mainstream.
 
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