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|Who is making a living from affiliate marketing?|
Yet another newbie question (sigh)...
Are there any of you making a living from affiliate marketing? I mean like most or all of your income comes for AM? And I don't mean doing AM for a boss but as your own business. And do you get your income mainly from a few familiar big affiliate networks or did you manage to find smaller affiliate merchants that fit your own specific niches?
The most daring question, I can't resist; wich one of you thinks he or she is the cash champ here? Who makes the most money from AM?
That's a whole lot of questions for a newbie aint it?
Thanks in advance for any respons, even for saying newbies ask stupid questions;0p
Yes and no. I'm still a student but I can definitely live from it.
|Are there any of you making a living from affiliate marketing? |
And do you get your income mainly from a few familiar big affiliate networks or did you manage to find smaller affiliate merchants that fit your own specific niches?
Most comes from AdSense, small part from Amazon.
|The most daring question, I can't resist; which one of you thinks he or she is the cash champ here? Who makes the most money from AM? |
Not me. I know some people in her earn way more than I do.
There are lots of different types of affiliates and many that either make enough money to rival a high powered job in their spare time while holding down a good job or who live off it alone and I mean really live :-)
Incomes of $1 mill a month are not unheard of but we are talking about the top few % of affiliates and most likely heavy with ppc spend so not all profit.
Myself I only do it part time and make 5 figures a month sterling from it so if your full time then the sky is the limit and you could be talking telephone numbers. This will depend on how much you really want it though as with most things in life.
I know a few people that make enough for me, my family and my friends if they wanted to share :)
Personally I haven't achieved a lot, but I know for sure I'm on the right way, I started only a few months ago. I have to invest some money in PPC which I don't have but will do soon..
Sky is the limit, there are a lot of examples out there, you just have to be persistent... Right now I'm working out a sweet personal deal with some financial\mortgage brokers here in Toronto, Canada and if winds blow my way, I'll start making quite a decent living, hehe :) That would be lead generating.
You have to read a lot, and i mean A LOT, and soon you start seeing a big picture. You may loose a few hundred in the beginning on promotion, hosting, etc, but you'd pay a lot more for any other lame college program or offline marketing course ;) I'd say it's not about HTML or PHP or design skills, it's about patience and persistence... Got to go :)
This sounds encouraging!
Thanks so much for your input!
humblebeginnings, obviously you haven't read or heard about the jerk, the rich one :)
He prowls around here as well ...
Many thanks for you kind advice!
I don't understand what you said about 'the jerk'. (besides it being a Steve Martin film)
I believe he means the latest and greatest in "you too can get rich quick from affiliate marketing" schemes that are out there. *yawn* by the time those silly things come out, a slew of people have been there and done that and there's not much money to be made or at least it too much work IMHO to make the money that way.
My advice would be to work your own stuff out. Network a bit here and elsewhere. Test, test, test. Diversify, diversify, diversify. I think the golden rule of affiliate marketing should be 100 sites making $100 a month are better than one site making $10,000 a month.
People do make good livings doing this, but only after they spent awhile learning and developing their stable of income generators.
I'm a newbie to affiliate marketing too, in that I started seriously studying this forum about six months ago, and am now "making a living at it". By that I mean that I'm making enough to support my minimal lifestyle, which is chump change to many folks here.
But, for me, it's very exciting. It's shown me that real income is possible, and that the amount you earn is really only limited by your own ambitions and motivation.
For me personally, the freedom AM represents is more appealing than the big bucks, and I'm more interested in creating sites I have a real interest in than solely making money. Not that I don't like money, mind you. ;)
My point is, the flexibility of this business is almost as limitless as the income potential. You've already found one of the best resources on the web, imho. Read this forum, and Adsense, Adwords, Google, Link dev, etc, etc. Begin to get an idea of what you want to do with it, and then go for it. Research, test, experiment, tweak, and tweak some more. Do more of what works, and drop what doesn't.
Like I said, I'm a beginner too. I am a web developer, but that's less important than you might think. I really think anybody with half a brain and enough motivation can be successful. The main thing is to not get discouraged. If you want it bad enough, it'll happen.
And, to all the pros out there who have helped make this forum what it is, my sincerest thanks.
>I think the golden rule of affiliate marketing
>should be 100 sites making $100 a month are
>better than one site making $10,000 a month.
This is very poor advice. 5 websites making $2,000/month month is probably better than one making $10,000 month, but 100 junk sites isn't a recipe for long-term success.
If you want to succeed long-term, you should build quality websites that atract visitors based on their own merits. Such websites can generate cash flow for years and years. 100 junk sites won't do that.
Had no idea one silly question could generate so much good advice! Thanks so much to all of you folks!
>> the jerk, the rich one
After reading this thread and just for the sake of curiosity i bought that e-book just now, have to agree thats one killer sales letter!.
And BTB think i know who that guy is :)
And BTB think i know who that guy is :)
Many people know who he is and he knows it too. Haven't read that ebook but he does it mainly through PPC (big spend, ROI about 150-200%).
[edited by: jcoronella at 2:41 am (utc) on Sep. 14, 2005]
[edit reason] TOS [webmasterworld.com] [/edit]
What an extraordinary con game going on in this thread. Amazing.
LOL, eyeinthesky. I am always interested to know about stuff the other suckers out there read.
Actually this one is not that bad and have some titbits like how to bypass the adword gambling ban (i posted this tip sometime back)
[edited by: jcoronella at 2:50 am (utc) on Sep. 14, 2005]
[edit reason] No particular reason ;) [/edit]
|5 websites making $2,000/month |
And one good algo change, and you just lost 1/5 (or more) of your income. Besides, I never said junk sites. There are plenty of solid, quality sites that only make $100 a month. Though if the junk site is making you money... Well. It is all part of diversity. 5 sites that make $2000 is a good start, but if you care to think about it before critisizing, you will see what I meant is that don't put all your eggs in one basket.
Make a few quality sites as a long term investment. Make a few junk sites for a short term money. It's kind of like investing in the stock market. There are some stocks you buy because you know you will turn them for a quick buck. There are some you know will pay off awhile down the road.
What an extraordinary con game going on in this thread. Amazing.
Con game? Who is being conned here? What an amazing comment, LOL.
There may be plenty of quality sites that make $100/month, but there's no way for a single person to generate 100 such "quality" sites in any short amount of time. Any person trying such a stunt would be much better advised to make 5-10 sites that actually do have some intrinsic value, because those can be built on, if successful, and can last for the long term.
Putting your eggs in one basket is foolish. Putting them in 100 isn't as good of a strategy as putting them in 5 or 10.
you can make a living, a nice one too, but it aint easy. Cutthroat competition
>> What an extraordinary con game going on in this thread. Amazing.
whatever you say! I am not going to sit here and and have a "my dad can beat up your dad". As I said, there's money to be made, but everyone knows it, so it takes a lot to make it. If you are just starting, hope you do OK in 1-3 years, especially in Google. Also, is not as easy and some make it to be. If you just slap a few links, you will not make it at all.
|but there's no way for a single person to generate 100 such "quality" sites |
You just don't think along those lines is all. I once saw a very nicly done site on how different ways to lace your shoes. 30+ different ways. It was pretty cool (I relaced my shoes right away). But, I would have to say that the number of ways to lace your shoes probably won't drastically change in the next few years or even decades. The person probably spent a few weeks, at best, on the site. It provides good information and probably does not make too much in the way of money a month. But the owner will never have to touch it again (especially if they are using adsense. Viola - quality site, solid income generator. Rinse and repeat with another super-niche.
If it takes two weeks to get a site like that up, you could conceivably have 100 such quality sites in a few year's time. Each site may only bring $25-$100 each, but you never have to touch them again and you just keep making them. Algo change might hit a few, but not all.
Tight sites like that are great as stop gaps in your income. They are also nice for breaks. I have been working on a few myself these past few weeks. Super focused sites that contain maybe 1-6 pages but with good info. I can have one cranked out in 2-3 days and they do provide original, quality content. I have big sites too, but sometimes they get tedious to maintain. Affiliate sites do not need to be fancy, sprawling things.
As far as mini-sites go, there are lots of reasons to create mini-sites. But I wouldn't make it the core of a business plan, to create nothing but mini-sites. There is such a thing as "site rank", and it matters, spreading out your content and incoming links across multiple sites can make you lose out on some of that potential for being an authority.
[edited by: jcoronella at 12:52 pm (utc) on Sep. 14, 2005]
>> "false accusation game quotient"
laugh all the way to the bank comes to the mind but I rather divolge many details :)
|can make you lose out on some of that potential for being an authority |
Or highten it. The guy with the shoelace site was certainly the authority on shoelaces. I could certainy see that site getting hundreds of natural links from people. Easy to remember, very on topic. He is the authority on shoelace threading.
Just beause you haven't tried it, doesn't mean it doesn't work. And beyond that, I can see that you are one of those people who actually expects that they do count a sucker every minute and that people are really waiting for pigs to fly and hades to freeze over. Um, do you get (for the third time) that I was speaking allegorically. At first, I did not really mean that you had to have 100 sites, it was a saying that meant that you should not put all you money on one site and that you should be continually working on ideas for new sites. But since you have decided to make an issue of it... I never said 100 mini-sites either, I said it was possible, but at no point in time did I say that you should do this.
I think if you look back to my original post, I said diversify, diversify, diversify. Relying on any one type of site in any one single niche to make your money in the long run is silly. Site rank or no.
3 and a half years now for a living :)
As far as what sites to make, there is not a set way. People are making good money with lots of sites, people are making good money with just a few. Find what works for you. You'll always see discussions about Sales sites vs. Content sites and Content Is King threads. And you'll see people from both sides post they're making money. Money is King. Find what works for you. Even as a rookie i wanted to make a site that would eventually be free of being dependent on free SE traffic. I like to work on what i call solid affiliate sites, sites that get that free SE traffic, that get bookmarked, that might get newspaper and TV mentions, sites that you would be willing to spend some advertising money on, online and off. Build up your affiliate site as its own brand, it takes time but it's nice when you could care less what Google does. As far as free SE traffic and the whole "putting all your eggs in one basket" I've always thought of the egg as a scrambled egg where Google gets some, Yahoo gets some, MSN gets some etc. So if you're not doing good in one, maybe the other 2 will send you something. If you're not doing good in any three, you just don't know what you're doing.
So in the end, experiment, find you own way and do what you're comfortable with, what makes you money. I can count the number of sites I have on one hand and 95% of my time is spent on one and things are fine.
You need to spread it around and see what works.
Your options are:
PPC campaigns. Finding good money makers is hard (and costly) but as soon as you hit one, you can expand on it and hit the ROI you want and then just have to manage it. I send most of my PPC traffic to a landing page that pre-sells. It works. Best part is you don't need to worry about the SERP results.
Content Sites. You create or buy articles from a writer. Must be unique content. SEO the hell out of the pages. Then get linked to everyone and his uncle who has the same theme/topic. Then wait. It takes 3-6 months(like planting seeds in the soil) to see results and you are of course subject to the whims of the search engines. It works as well. Patients and the initial time spent on setup is the biggest thing with this option.
Datafeed Sites. Most good merchants have datafeeds. I combine several datafeeds together to turn one of my sites into a big widget mall. Because the stuff is all combined, most of the product pages come off as somewhat unique so the SE's don't kill you with a duplicate content penalty. This is good for merchants that tend to have returns. You don't want to waste your PPC money on sales that get returned so free search is the way to go. For some reason I have found this type of site gets going alot quicker then a content site, but tends to rank lower. Since your creating thousands of pages, you will get plenty of SERP referals on 3-6 word keywords.
Mix all three up and choose a wide range of niches and you should make money.
Back to the original question.....
I have been since 1999.
Had my last child in July 98, got a computer and been making a full time living since Feb 99, never looked back... I love this life..
Everyone is talking about Affiliate Programs making them Rich.
What are the other lucrative industries?
Homeloans, Credit Cards etc?
There must be so many out there. What industry to target to make 1 million a month?
[edited by: Drastic at 2:43 pm (utc) on Sep. 16, 2005]
I have a five year old site, low CPC, adsense only. I plan to add lots of AM links for relevent books, Cd's.
Should i put the AM into my existing site for instant traffic - could it harm my google rankings?
Or would it be best to create a seperate new Domain for the AM?
>> What are the other lucrative industries?
The really lucrative ones are the ones that no one is yet in, or there is one or two people. Those are the gem's, and they are coming online all the time. Unless you are one of the top 50 SEO's in the world, I'd start there.
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