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|Fastest Way to $100-200+ a Day?|
Fastest & Cheapest way to just get off the ground?
| 12:55 am on Jun 4, 2004 (gmt 0)|
While I have strong ambitions to make a lot of money online and so have been spending the last few weeks mostly gathering information and resources trying to learn how best to go about it and what is the most valuable aspects and ideas for spending time and money on. That is all great because I am thinking long term and am going carefully because I don't have investment money to experiment with things.
I need to start just getting some money in so I can pay my expensive rent each month without constantly worrying about if I am going to make enough for rent the next month or have to move. And hopefully start getting enough to re-invest back into marketing and building.
Well I have been reading excellent advice on here about what the most profitable niches and ways of marketing are and what things are not worth it because they don't have the same full potential as the others.
Although the most profitable niches sound like they cost the most to get started with and perhaps take more time. People here talking about investing thousands of dollars into them to get them going. I'm not afraid of risks. I just don't have money to invest like that. At least not yet.
So, I don't care about which ways are not long-term the highest potential and don't have the potential to ever make more then a measly 1-2 hundred dollars a day. Because if there is something like that that doesn't have long-term potential or high earning potential but has the benefits of being fast and cheap in making at a min. $100 a day I am interested. So I can know that my rent will be covered and have some extra for investing in the more profitible ventures.
I'm very new to all of this. But if anyone knows what kind of thing could produce that type of profit right away please share.
I guess if something is producing a return on investment then it doesn't really matter what the investment costs because you are getting it back. The problem is that I can't afford the delay in that. If I spend $2 a click at Google promoting something and it makes me a profit back I am still paying Google hundreds of dollars straight from my bank account way before I receive a check from the Affiliate program to cover those costs. Which is sometimes an entire month after the billing cycle that they even begin mailing them out. So something that paid quickly (like to Paypal) would be perferable.
I have been doing some of my own artistic service/product sites as well but they have not been doing all that well. Very sporadic sales. I need something consistant. I tried ebay too which I am completely sick of. I'll get buyers for my art the first time I put anything new up but as soon as I relist anything that has already sold- zero buyers. It's almost like it is only the same people looking at the art stuff and not a steady stream of new buyers.
Anyways. If there is not any answers to this or ideas I understand. It's kind of a stupid question. But maybe others here are interested in this topic too? The new people that don't have a lot of cash. I wish I had gotten into this stuff when I had plenty of cash and plenty of time, instead of wasting both of those things for years...
| 5:38 am on Jun 4, 2004 (gmt 0)|
I'm not sure that there is a "quick" way to earn $100-$200/day (or even that there's a "quick" way to earn $100-$200/month for that matter) with a small investment. It's all about investing your time (and yes, your money) into it. And experimenting. What works amazingly for one person is gonna be horrible for another. And if there is anyone that has the secret to earning $100-$200/day quickly with little-to-no-investment, they're certainly not going to post it on here.
A couple weeks is nothing when it comes to learning about making money online. If you have no money to invest, you're going to have to spend a lot of time building up traffic for a website, seo, and experimenting. Many people struggle to make a good $100-$200/month, and that's after they've invested months and months of time and money into their online business.
| 6:44 am on Jun 4, 2004 (gmt 0)|
The problem is the "quick" part. Even if you build a stellar site and do a good job promoting it, it takes a while for pages to be indexed, given PR, and earn a decent rank in the search engines.
I started a series of content sites last November, and I'm about in the middle of your goal right now using Adsense. It's definitely been a part time thing for me, but for the reasons stated above, I don't think even fulltime dedication would get you serious results much faster without investing money into advertising. It is a cheap way to get started though. I started with 6 bucks for a domain name and 6 bucks for my first month's hosting.
| 6:51 am on Jun 4, 2004 (gmt 0)|
The only real "secret" is to keep reading and keep testing and keep learning and keep moving.
The bad news is that, obviously, nobody is going to give away an idea that a relative newbie could turn into a major money maker. But the GOOD news is that all you need to do is discover one way to do this per year, and over time you can become very wealthy.
If you really need the money fast, I suppose PPC is your best bet. But even there, there is going to be a substantial learning curve and you may find that your losses exceed your revenues for a while.
| 7:13 am on Jun 4, 2004 (gmt 0)|
That says it all :)
|The only real "secret" is to keep reading and keep testing and keep learning and keep moving. |
| 8:55 am on Jun 4, 2004 (gmt 0)|
|if there is anyone that has the secret to earning $100-$200/day quickly with little-to-no-investment, they're certainly not going to post it on here. |
Why not? Is it really a "secret"? It's not much money. Give me a brake. What is this forum for then anyways?
|Many people struggle to make a good $100-$200/month, and that's after they've invested months and months of time and money into their online business. |
How do they live off of $100-$200/month. If that is all they can make after months and months they obviously are not doing it right!
$100 a day barely even covers personal expenses, let alone business.
It can be made even through ebay from people selling the goofiest stuff. But that takes all your time and order fullfillment and I hate ebay.
Need something that's more automated.
|A couple weeks is nothing when it comes to learning about making money online. |
Yeah well I don't have a whole lot of time to goof around. It's not rocket science. Can't be that hard. I don't know why people are so secretive. What are they afraid of? I ask very broad and general strategy questions. Not about specific products or brand merchants or anything.
|The problem is the "quick" part. Even if you build a stellar site and do a good job promoting it, it takes a while for pages to be indexed, given PR, and earn a decent rank in the search engines. |
SEO can't be the only way to market online or get traffic. I never said I have zero money just not thousands to through into advertising or outsourcing programers and such.
|I started a series of content sites last November, and I'm about in the middle of your goal right now using Adsense. |
Thanks for the tip. I'll stay away from content.
|The bad news is that, obviously, nobody is going to give away an idea that a relative newbie could turn into a major money maker. |
$100 a day is certainly not a "major money maker". It is just barely scraping by month to month. Well when I figure it out for myself I'll let the relative newbies know what it is since no one else will tell them. They're going to figure it out anyways eventually. What is the point of delaying and stalling.
| 10:25 am on Jun 4, 2004 (gmt 0)|
You´ve hit the nail on the head here - aff marketing is almost always negative cashflow if you´re dependent on PPC rather than SEO.
And if you want to see a return in a hurry, forget SEO, as all the experts on here will tell you, no. 1 in the SERPS is rarely an overnight achievement, unless it´s for something obscure like "long green smelly widgets".
So, to answer the question, no, you can´t make a good ROI from PPC without some reasonable funds to start with. However, apply for a few credit cards, bounce the money betweeen them until your first aff cheque arrives, and you MAY crack it.
Gotta say that this high risk, highly leveraged approach is not for the faint hearted though, and learning from one´s mistakes can be very expensive when it´s all on borrowed money at relatively high interest rates.
So, by all means give it a try, but don´t come crying to me when you have to pawn your jewellery to pay the rent!
| 10:38 am on Jun 4, 2004 (gmt 0)|
From what I have read what you need is an affiliate that nobody else knows about (maybe find someone locally who needs more sales, has a product that will work online with people using credit cards) that pays out a good amount with a good conversion rate. Then you have choice of building your own site and referring leads (as MFishy and Michael Anthony suggest in [webmasterworld.com...] ) or faster and more risky is to buy adwords and direct at the merchant site.
Lots of people say they make a stack out of adwords direct to merchant. So far all I have done is got really high click throughs with zero 0 nada squat conversions. That's probably just me being mr thicky and not being able to come up with good ad copy and keywords. Only thing - o n l y t h i n g - that has given me + ROI is adsense and it barely covers my hosting cost.
I'm going to keep working on it but with conversion rates so low and me getting turned down consistantly by decent merchants for their affiliate schemes I think I am going to lose way more than I make. I'm going to keep applying to pay per lead places until one approves me!
Anyone know of an affiliate scheme where the CPC is less that $1/£0.50, payout $60/£30 and conversion rate is better than 2% for an ad->merchant site? Nah, didn't think anyone would say so but if you do find one that will be where you can acheive what you want - if you find one let me know! :O)
| 12:05 pm on Jun 4, 2004 (gmt 0)|
AW_Learner> It sounds like you need a lot of money right now. I'd suggest you forget the web and get a day job and an evening job, until you have enough spare cash where you can drop the evening job and start working on your web plan.
I've never seen anyone who has "got rich quick" on the net. It may be possible but it's certainly unusual. I've seen people get rich slowly with a lot of time and hard work invested, I've seen rich people get richer with a lot of money invested and I've seen people not get rich at all or (worse) throw all their money down the drain.
It's common sense that in an economy which operates by supply and demand, nothing which is quick and easy will make lots of money. If everyone can do it customers won't be paying very much for it for very long. That's why advertising on the web pays a fraction of what it pays in the offline press.
| 12:45 pm on Jun 4, 2004 (gmt 0)|
Sorry about the delay, I was busy with another thread last night.
By the way, I liked your first post, it had the sound of someone who might be ready to break on through to the other side, not so sure about the second post. Profiting in this area is a state of mind.
Anyway, you are right to set your sights on 100-200 because once you have enough money to buy back to your time, the balls starts rolling and it does not stop.
Fastest... "fast" is still a realistic goal, if you are more patient than the proverbial Nigerian prince of email fame, if you are thinking more like six months or so... hey it is still better than offline. On the payment side, find merchants who pay monthly, but add another month to your estimates for accumulating sales, plus check processing.
On the revenue side, factor maybe a month to build the new site(s), and another month or two for promotion and waiting for Y! and G. Or jumpstart it with PPC, you do not need much if you can hit a high ROI, and if so you will find a way to float it. Or, for less money and less wait, build something cool and/or useful and get it linked from high traffic sites, blast press releases, old school promotion style.
The journey starts with picking an industry. I am partial to competitive ones. Sure, there are countless competitors, but at least you know visitors convert and merchants who can hardly wait to pay you. Besides, no matter how many competitors you have, the majority of them have identical strategies, leaving you plenty of room to do you thing. You can dabble in untapped industries once you have more resources.
On your side of the fence a six month wait is probably uninspiring. But for people on the other side the time-to-money element might be the biggest barrier that keeps us from being flooded by competition. Aside from the realistic motivated few who are planning cash flow, there are plenty more who could be doing this stuff are not because the time between effort and stimulation longer than a few minutes. :-)
| 1:03 pm on Jun 4, 2004 (gmt 0)|
>> $100-$200/day - It's not much money. Give me a brake.
I agree its not big money but trust me , many thousands of affiliates (especially oversees one) will kill to make that! ... $100 a day in india will make you a king and allow you to have a maid ,cook ,gardener and car driver :)
If somebody post in public some sure fire way to make $100/day that technique will be beaten to death soon by thousands of affiliates effectively making that strategy obsolute and useless :) - Internet is full of several formarly lucurative methods/niches which went to sh*t with over-competition ...
So trust me - nobody is going to post specifics and to say the truth there aint no big secrets now ... The only way you are going to make it on the web is risking either your time or money or both :)
| 1:34 pm on Jun 4, 2004 (gmt 0)|
>>So trust me - nobody is going to post specifics and to say the truth there aint no big secrets now ... The only way you are going to make it on the web is risking either your time or money or both
There you are, that sums it up.
Just think about the logic of the original post....
...if it were possible to make $100 a day with virtually no effort, then by using the same method across hundreds of sites, each taking only a few hours to set up, you could be making not $100's per day, but by extrapolation $1000's per day with no effort.
Afraid the promised land does not exist without an investment of either time or money :(
| 1:38 pm on Jun 4, 2004 (gmt 0)|
>>Fastest Way to $100-200+ a Day?<<
Spend $300 per day on advertising :)
| 3:13 pm on Jun 4, 2004 (gmt 0)|
>>Fastest Way to $100-200+ a Day?<<
Churn out a site a day selling a different product. Within 2-3 months with your 90-100 sites up you'll be making this money. The more sites, the more $$...It's a real simple formula actually.
| 4:39 pm on Jun 4, 2004 (gmt 0)|
Huh? $200 a day in profits is big money. HUGE. That's $73,000/year, for a site that once it's up is largely going to run itself. Sure it's possible to earn more (I earn more, after 5 years in this business full-time), but $200/day is a roaring success. Don't aim higher than that if you can't even pay your rent.
| 5:11 pm on Jun 4, 2004 (gmt 0)|
>> Why not? Is it really a "secret"? It's not much money. Give me a brake. What is this forum for then anyways?
Give you a "brake" on what? $100-$200 is a lot of profit to be earning per day, no matter how much time and money you spend. If you meant $100-$200/day gross income, then do what mfishy said and spend $300/day on advertising. Otherwise you're basically out of luck; as much as people wish it, there's no real "get rich quick" schemes on the web with out a lot of time and a lot of investment.
>> How do they live off of $100-$200/month. If that is all they can make after months and months they obviously are not doing it right!
Nobody lives off $100-$200/month. But it's part of the process of getting to where you want to be. They obviously are doing it right, because most people lose money (especially at first). A startup site is lucky to make $0.10/day with no big upfront monetary investment for advertising. If you truly expect to be making a "measly" $100-$200/month right away, you chose the wrong business.
>> Yeah well I don't have a whole lot of time to goof around. It's not rocket science. Can't be that hard. I don't know why people are so secretive. What are they afraid of? I ask very broad and general strategy questions. Not about specific products or brand merchants or anything.
Actually, it is pretty hard. There's nothing secretive about it. Nobody's going to give you a step-by-step from start to finish of how to make $100-$200/day or even $100-$200/month, partially because (as stated previously) what works for one person won't work for another, and partially because nobody is going to be eager to have MORE competition. People who make lots of money online do so because they've found a specific niche with a small amount of competition and a relatively large return on invested money. I invested money for almost a year before I started making profit, and I now am able to live off of my online earnings (although I choose to keep a part-time day job in case something horrible happens). But it sure was a slow process, going from making a profit of $20/month to $50/month to $200/month and so-on. If you're not willing to invest the time AND the money, you're not going to be successful.
| 5:45 pm on Jun 4, 2004 (gmt 0)|
Just to echo JMusic's, comments, I agree that this is extremely hard work that requires a long-term focus. As long as you can manage to avoid the boom-bust cycle, you'll make more money in the second year than the first, more in the third than the second, and so on.
OTOH, if you're desperate to Get Rich Quick in online marketing, all I can suggest is that you buy the book on the subject that has the most exclamation points in the title, and go from there.
| 5:46 pm on Jun 4, 2004 (gmt 0)|
|>>Fastest Way to $100-200+ a Day?<< |
Spend $300 per day on advertising :)
No one ever got rich trying to make money. Look for ways to apply your talents to affiliate marketing then money will follow.
| 5:49 pm on Jun 4, 2004 (gmt 0)|
A quick way to make $200 per day?
Don't make me laugh. There is no quick way to do that. $200 per day is $73,000 per year which I'm sure is higher than the median salary for an American.
It is impossible to have a quick way to make this kind of money. If there was such a way everyone would do it and the market would become saturated. Which would cause the opportunity to no longer exist.
| 6:25 pm on Jun 4, 2004 (gmt 0)|
A profit from affiliate marketing of even $500.00 per month would probably rank in the top 1% of earners from affiliate marketing.
$200.00 per day, that type of income is probably among the top 15%, maybe 5% of the US population.
Supposedly with that Google Cash book, ya just sit on the beach and let the money roll in, maybe that's a good place to start.
| 6:27 pm on Jun 4, 2004 (gmt 0)|
My word that google cash gets a lot of promotion round here! ;O)
| 7:03 pm on Jun 4, 2004 (gmt 0)|
crikey, remind me not to post before having the morning coffee
It does not take long to get off the ground with advertising programs, online advertising, etc., if you have an exact plan of action. The thing is many beginners tend to get distracted, trying everything that does not work, or things that work a little but do not scale at all.
Start by reading (or re-reading) mfishy's great summary below:
you're 99% there :-)
| 8:54 pm on Jun 4, 2004 (gmt 0)|
Hell, I currently live with my parents. I have no car payment or car insurance, and basically no bills. $100 a day for me would be amazing
Anything I make online is purely cash in the bank. I also have a VERY part time real life job that brings in $50-$150 a week.
I started dabbling in the online market back in the day (yes, i was 13/14), and at one point was making about $300 a month (till the .com crash and CPM rates went to negative dollars :P, blah blah, you're probabaly sick of hearing this story). So I do have past experience. I however just started up doing this again last August, and so far I've about broke even, but earing steadly increasing. In other words, I might have been losing $100 a month, and then $50 a month, and then $25 a month, and then I was making $25 a month, and $50 a month, and then $100 a month, so my profits have made up for my initial losses, and I'm quickly getting into the green. There are two ways to truely succeed from my point of view.
1.) Stop ignoring eljefe's comments for christ sakes, the man is a genius. Make the quickest tiniest ugliest site you can littered with affiliate links and pictures all going to the same landing page (after you test and find out what works, of course). Do it again and again. Different products, different fields. SEO as best as possible, but don't sweat it. I suggest starting out by going through all 1 network, that way if you get $1 from 25 different programs, you still get a payout (ie: $25 minimum with CJ). Then just keep going. Get to 25, 50, 100 sites/products. The only thing negative about this tactic is it kind of litters the internet with crap. But at the same time, techincally you're helping customers who are looking for a product find the product. If you convert 1 out of 100, I'd say you're not that bad of a person :D
2.) Develop a network of sites. Don't slack in anything, time or money. If you have less money, make it up with long hours. Develop beautifuly user friendly pages and communities on topics people care about. Unique subjects and ideas that only come from your brain. Things you know about Make people come back, write articles, get links/buy links/trade links. Develop respect in the community as a whole. The advantage to this, is yes, there are a lot of cheesy 'one-man-networks' out there, but nothing compared to the amount of crap affiliate sites. At least these networks get somewhere. Don't underestimate content sites. Some aff markets will put them down because they've never experienced a successful one. Build yourself an empire, take advantage of the quickly rising CPM rates (i'm hitting 2.50-$4 with a major network now), and ride them all the way to the top. 100,000 page views a month at $5CPM is money, 1,000,000 page views at $10 CPM a month is even more money. Then develop another one. Then another.
Remember, the one thing that is CONSTANT about the internet is visitors. People browse, people look, people shop, people want information. More and more people every day for longer hours. There is no shortage of people. Use them to your advantage.
| 10:08 pm on Jun 4, 2004 (gmt 0)|
|NOTICE: I sticky'd AW with a very long description of how I've achieved (almost) what he's wanting in less than one month. I've edited it heavily since it contained links and descriptions that violate the TOS. I wanted to post it here for the benefit of everyone else. It may not be the absolute best way to do anything, but it's worked for me. I apologize if I missed anything that should have been edited out. |
The best way to make money online is to sell information. <snip>.
I started selling [an ebook I wrote] less than three weeks ago and I've already made about <snip> in sales. This month is looking to do much better than that. My ebook is a niche ebook that does not have a wide general appeal. Only <snip> can use the information, and although there are <snip>, in comparison to general webmasters (millions of those) that's not much. Compared to "normal" people that use the internet (hundreds of millions) that's nothing.
So my advice to you is to think about what you know or are interested in. Do you like to garden? Build web sites? Work on cars? Whatever. Topics that involve money are best because if the topic can make money you can sell your information for a higher price. I can sell my ebook for <snip> because it's return value is tremendous. But you can charge $19.95 for a general interest ebook. People do it all the time.
People are willing to pay for ebooks. According to an article at WriteNews.com, “a total of 660,991 ebooks have been sold by retailers in the first half of 2003, a 40% increase over the same period in 2002.” As to revenues, the same article states that “$4,965,171 in sales have been logged by retailers in the first half of 2003, a 30% increase over the same period in 2002.” And keep this in mind: these are statistics from retailers only, and do not include individual web sites that are selling their own ebooks (there are thousands of them).
Once you have a few topics in mind, go to this website and see if enough people are interested in those topics to write an ebook about it:
Enter in the keywords that somebody would use when searching for your topic. If more than 3,000 or 4,000 searches are done each day for that topic, you definately have a hot seller. 1,000 will do, but the more the merrier.
Once you know which topic will sell best, go to Google.com and search for "<your interest> forum". Take the gardening example. If you want to write an ebook on gardening, search for "gardening forum". Visit those forums. Read the posts. See what questions people are asking, what topics are discussed the most. What do people need to know? Make each major topic a chapter in your ebook. Take notes and put together a table of contents for your ebook. I did this when writing and revising my ebook to find out what people wanted to know in terms of their <snip>. In fact, WebmasterWorld.com was my principle source of this kind of feedback.
Once you have the table of contents, do research at Google.com for the answers to each question that became a chapter in your ebook. YOUR EBOOK DOES NOT NEED TO EXCEED 75-100 PAGES. So don't think it's got to be huge, it doesn't. (<snip>--it's the value held within those few pages that matters). Use a 12pt Verdana font and generous margins: 1" top and bottom and 1.25" left and right. It makes for easier reading. With that font size and those margins, you'll only need about 250 words per page--child's play.
Flesh out those chapters. You can easily write twenty pages a day or more if you put some time into it. And I know you're motiviated to make some money. You seem to have a good grasp of English and grammer from your posts, so this should not be difficult for you. Once you've written the ebook in your favorite word processor, go here:
You can download a free printer driver for Windows that will let you print from any word processor directly to an Adobe Acrobat Reader (PDF) file. That's the best format to distribute your ebook in because almost everybody's got it.
Once you've written your ebook, email me at:
I will create you an ebook cover graphic for free using the eCover Generator software I bought. Just tell me the title and the subtitle you want. You can see an example of how an ecover looks at:
Scroll down to the bottom of the page to see it.
Get a PayPal account at PayPal.com. It's free and easy to setup. Get a website. I recommend going to <snip> and getting the Standard Windows hosting account for $10/month. You can Pay with PayPal now, just email <snip> and ask him if you can pay with PayPal, he'll tell you how to do it. You wont actually have to pay until he invoices you 30 days later. The total charge will be $45 for 3 months of hosting ($30 for the hosting plus an anually $15 domain name registration fee).
You only need to create a one-page website that talks about your ebook. STRESS BENEFITS. "Our new gardening ebook will show you how to keep ants out of your garden permanantly!" "We'll give you a list of the 10 best farmer's markets in your area where you can sell your fruits and vegetables!" I'll say it again: STRESS BENEFITS. People buy benefits.
See my example:
Be sure to tell your visitors somewhere on the page that the ebook is in Adobe Acrobate Reader PDF format, and give them a link to where they can download the reader for free:
Get a free tracker for your page from:
This will tell you how many visitors you are getting. From the number of visitors and number of sales you will be able to figure out your conversion ratio. This will become important later.
At PayPal.com setup a "Buy Now" button. It will walk you through how to do this on the "Merchant Tools" tab. It's very easy to do. Instead of the default "Buy Now" button, select the VISA/MasterCard logo button because it makes it plain that they can use their credit card. Click the "Add more options" button and change the "successful payment url" to a second page on your web site (i.e. "http://www.myebook.com/sales.html").
At the bottom of your web page paste the code so that once people have read all about the benefits of your ebook they can buy it. They do not need a PayPal account (say this on your page near the button), just a credit card or a checking account (you can buy things with your normal checking account through PayPal).
Create the "sales.html" page. All it really needs to be is a link to the PDF version of the ebook. You will, of course, need to upload the PDF ebook to your website. :) Once somebody completes a purchase they will be sent to this page. It's good form to also provide a link back to your main page. Put your tracker code on this page, too.
Now you're ready for some affiliates.
Search Google.com for sites dealing with your ebook's topic. You want to focus on small to mid-size websites, not corporate sites (don't bother going to hgtv.com to sell that gardening ebook, they probably wont even respond to your email). Email the owners of the sites and offer to give them a free copy of your new ebook to see if they would like to promote it from their site. I did something similar and got a number of affiliates selling my software and ebook right away.
You said that you don't have much cash yourself to spend. You wont have to. These website owners already get great traffic targetted to your topic. Be generous with your commission rate, 25% - 40% depending on what your ebook costs. I'm giving 25% because my ebook is expensive and so the affiliate makes good money on it <snip>. Much to my surprise at least two of my affiliates started AdWords campaigns for my software. <snip> Those ads showing up for <snip> on the right are not mine!
Copy and paste your main page into an affiliate page for each webmaster that agrees to sell your ebook. Go back to PayPal.com and create a new "Buy Now" button for each affiliate. Change the product description to include some information that will tell you where the sale came from (a number, the domain name of the affiliate, whatever). Send the buyer to the same "sales.html" page as before. Paste the new code into your copied page and upload the page. Email your new affiliate the link to the page where (s)he should send visitors to read about and buy the ebook.
Repeat this process over and over with other webmasters for your topic. A few will accept your offer, many will reject it. Keep going. Email new prospects day in and day out. You will have no shortage of prospects if the keywords tool above said there are 3,000-4,000 searches per day for your topic.
After signing up a few affiliates you will start to make a few sales. Figure out your conversion ratio by dividing the number of sales by the number of visitors (from your tracker stats) for a given time period. If you're getting a 2% or better conversion ratio, start telling the webmasters that you email this. Anything over 1% is beating the industry standard.
At the end of 30 days, if you hussle, perhaps you can reach your goal. As soon as you have $50, go to ClickBank.com and get setup to sell your products through their affiliate network. This is the reason I'm doing so well this month. It's worth the money. In fact, keep your first $45 for your hosting costs and invest your next $50 profit into getting the ClickBank account setup. Then add a link to your main page telling people that they can make money by reselling your ebook through ClickBank (they can signup as an affiliate for free if they do not already have a ClickBank account).
These instructions are almost exactly what I did, without the mistakes I made (mostly buying traffic that didn’t convert), and will hopefully get you on the road to your $100 - $200 a day goal as quickly as it did for me. And I managed this part-time while holding down a full-time job.
To your sucess.
| 10:32 pm on Jun 4, 2004 (gmt 0)|
How to make $200 dollars a day:-
get 408 people a day to buy a product you feature that costs $10 and you get 5% commission. This assumes $4 a day costs for hosting and domain name.
The next thing to consider is to get that number of buying visitors you will probably need at least 80,000 people a day coming to your website - from the same country as the product you feature and with credit cards available.
Not so simple.
You can play with the figures ($20 product, 5% commission, 1% conversion rate = 20,000 good visitors a day) but to get even those numbers you need a very good website, well marketed to your peers and the search engines. If you quickly create a website that doesn't deserve to be regarded as the best in the world for what it is targetting then you WILL need rocket science to fool the search engines into placing it at the top of their rankings. If you succeed in beating the best efforts of all those PHDs working for the search engines (who just want the best sites to reach the top) then your success may not last long.
To learn how to program computers and make that sort of money, you need some native talent and years of education, training, and experience. To learn how to make that sort of money on the web you will probably need to be smart and have years of analysis, learning and experience in developing websites that pay. No shortcuts there.
| 11:09 pm on Jun 4, 2004 (gmt 0)|
Hats off to you. That's pretty much the first A-Z "get rich quick" plan that I have seen posted here :-)
Ironically, I just want to "get rich eventually" so I can finish my book ;-)
| 11:18 pm on Jun 4, 2004 (gmt 0)|
In order to make money, it helps to appreciate its value. You need to appreciate every small sale, every profitable click you get.
I don't make $100 day a yet, but these days it looks very possible for me. My big problem is that I am only one person. If I could clone myself, I could make a lot more money. It takes a lot of patience and attention to detail to make money online.
Don't shrug at $100 a day. That's enough to support yourself comfortably, even in the U.S.
Being able to eat and keep a roof over your head without answering to a boss -- that is RICHES, man! If you want money to come to you, you need to know what it's really worth.
| 11:37 pm on Jun 4, 2004 (gmt 0)|
WoW! Thanks Michael Anthony and Mfishy, Sean, Iguana and others. I'm overwhelmed at how much feedback this topic has gotten. Thanks. jonathanleger, that was an incredibly generous post you gave to spend all that time explaining all of that. I appretiate it.
I think an information book would be a good idea. I've been wanting to do one for months but my husband thought it was better to put our focus into selling art and photography prints and other visual services. I thought he was wrong but went with it and I think he is now seeing that, at least without the capital to really market and advertise a lot. Out of the small amount of traffic we have gotten after spending months building our sites the number of sales have been good for the small amount of visitors. Just difficult in getting a lot of quality traffic. I don't even know how to do PPC for it since our artwork is so hard to really describe exactly. It is sort of like music that you can't really classify in a specific group. Calling it "alternative" music doesn't really help find the keywords to find the right people who would like it. I wanted to focus on making video learning DVD's teaching Design and Editing and software programs like Photoshop and Final Cut Pro. I thought they'd sell more then art prints. Maybe I'll push back in that direction and also write a digital photography book as a supplement.
While getting an inhouse "salary" job is something that I might end up having to do I was putting it as the last resort. I'd almost rather sell my car then do that. I do regualary review freelance jobs and muliple ways of income. While I could put all my energy there it is a matter of focus and I don't think it is any easier then selling products. We are always selling something, either our services, time or things we create or things others have created.
I'll think about the applying for credit card idea. I like it. Although I've never really had my own credit card before. Only debit cards from bank accounts because I dislike owing money and interest and don't have good credit. But I guess I can try to apply anyways and see if any of them approve it at all...
The upfront investment is the problem. The more you can invest I think the faster it comes back.
Sorry about my 2nd post. I just couldn't believe how pestimistic everyone was sounding and how people were making $100-200 out to be some sort of "rich" status. It is way below my goal. It maybe rich in some countries but not in Los Angeles where rent is 2K a month not including utilities and other bills and what not. Not even including advertising costs. Comparing it to someone making 78K a year at some sallary job is completely off and unrelated. It is not some paycheck at a job that you can do whatever with. It is a business and businesses have lots of expenses and sometimes partners etc. You'd expect a business to be able to make a lot more then just one individual within the business.
I also don't know why people keep talking about "get rich quick" nonsense. Yes I want to start making an "income enough to cover basic living expenses quick" but that is certainly not "rich". I want to make some money quickly. I know "rich" which is so relative will take a lot more time and growing. That's why I am aiming low at first - just enough to cover costs as I grow things bigger.
Some types of things do take a long time. Like building large content sites, lots of SEO, thousands of sites, building a brand, customer loyality etc. The bigger you make the plan and goal the longer it will take. That's why I though perhaps I should make a small plan and small goal at first (1-2 hundred) so that it won't take as long as a bigger, high profit plan.
Sometimes it does happen fast too. This is my first time learning about and getting into affiliate marketing but it's not my first time marketing anything or making money online. I've marketed things in the past that within a couple of months produced up to 90K a month. Of course I had certain assests and advantages then that I don't know and a few partners. It didn't last because I didn't stick with it. I really don't want to get back into that industry and niche but maybe I will have to if this affiliate thing and regular niche marketing is really as bleak and slow as so many here claim it is. In the past I had also tried selling computers on Ebay and made 10-15K a month profit doing it right from the start within the first 2 months. Even though I had bought them all at retail prices to resale - nothing wholesale. So I know that there are lots of ways to make money online that do work and some work a lot quicker then others. I just want to find things now that I also enjoy doing and don't take as much processing time and dealing with customers as the past things have. I guess I might not have that luxery for long though and will have to get back into doing the types of things that I don't enjoy but I know from experience can do well. I hate to get stuck there again.
All I know is that if there even just a few people able to do something (in an ethical way) that the rest of the 99% of people trying the same thing are not able to it is possible for anyone.
| 11:45 pm on Jun 4, 2004 (gmt 0)|
AWLearner, I like some of your posts, but this one sounds like you don't want to work at all. You probably won't make this type of money quickly. If you spend at least 8 hours a day learning everything you can, you could be making this within 4 months.
I know people that have done what you describe in less than 2. How do they do it? What are their secrets?
1. They learn mainly from others mistakes, and some of their own.
2. They persist.
I would advise learning PPC. Maybe start by just sending people straight to a merchants site, and trying to make a profit. Read a couple forums on it, and just keep learning. Getting in the SE's may take awhile, but if you can work with the PPCSE's you have part of the battle fought.
All the Best,
| 12:42 am on Jun 5, 2004 (gmt 0)|
>> within a couple of months produced up to 90K a month
Assuming you are talking about profits here i have to say this is possible in Affiliate Marketing ...but not in 2 months or for that matter 6 months ...
That takes expirence and atleast some 10 good ranking sites but most likely much more than that ,say some 100 sites!
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