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Fastest Way To Make Money Online
Fastest Way To Make Money Online
tophat

5+ Year Member



 
Msg#: 5334 posted 2:59 pm on Oct 5, 2005 (gmt 0)

I figured $3000-$4000 net per month is the average I would like to take home at the minimum every month to have a decent lifestyle i.e. basic apt, small car etc (not too big dreams to ask for). I would like the gurus opinion here on the fastest way to accomplish this online? Hopeful Maximum Timeframe - within a month.

 

hunderdown

10+ Year Member



 
Msg#: 5334 posted 3:08 pm on Oct 5, 2005 (gmt 0)

If anyone here has the secret to doing that--especially within a month--they wouldn't be telling it here.

They'd be selling it on a one-page web site for $99.95 (and those sites may be one of the best ways to make money quickly, actually).

Seriously, you need to spend some time getting to know the possible opportunities, planning, and developing whatever it is you decide to do. There's no simple get-rich-quick plan. Or even a get-moderate-income-plan.

laertes

5+ Year Member



 
Msg#: 5334 posted 3:45 pm on Oct 5, 2005 (gmt 0)

It depends how much money you have to spend to accomplish this. With a large enough budget and enogh experience in buying businesses, you could buy a nice site. Be prepared to spend at least 12X monthly earnings. In your case, minimum of 36K.

frup

10+ Year Member



 
Msg#: 5334 posted 4:03 pm on Oct 5, 2005 (gmt 0)

If you had the intelligence and skills required to produce such an income in a short time, you wouldn't be asking on here how to do it.

Note, I don't have such intelligence or skills either. It took me about 3 years to reach that level of income.

Now, three years after that, I'm pleased to report I make a bit more than that. ;-)

I don't know what kind of con men are going around telling people they can get rich quick with affiliate marketing. But they are little more than con men, I can assure you of that.

It IS possible to make A LOT of money with affiliate marketing. To get a check every month without ever having to interact with a customer or touch a product or do anything "real" at all. But it's not easy and it takes time.

derekwong28

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 5334 posted 4:03 pm on Oct 5, 2005 (gmt 0)

Someone has just claimed to have done it

He is basically using PPC to market some merchant products. It is only with PPC that you can get a decent amount of traffic quickly. SEO would take at least a few months.

Another "easy" but risky way would be to buy established websites as laertes said, but to make an income of $3-4000 a month, you would need to spend anything from $20,000-50,000.

Basically both strategies would entail a substantial degree of financial risk.

[edited by: jcoronella at 12:52 am (utc) on Oct. 6, 2005]

tophat

5+ Year Member



 
Msg#: 5334 posted 9:06 pm on Oct 5, 2005 (gmt 0)

This is a great forum. I like the site idea but am not sure about the risks involved eventhough my standing with the bank is good for a credit line.

I like the ppc thing and am thinking of integrating it with my current site plan. The problem is like you said SEO is slow and my site is service based. I cannot hire an outside SEO to increase sales without affecting the labour and time factor, which would increase office and other costs.

How do you think I can monetize a service online by converting it into a product. Would people pay for a newsletter? How difficult is it to create an ebook quickly for a ppc campaign? Or would you suggest a better way?

derekwong28

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 5334 posted 4:33 am on Oct 6, 2005 (gmt 0)

I would pose your question at the other forum as well.

alphacooler

5+ Year Member



 
Msg#: 5334 posted 6:19 am on Oct 6, 2005 (gmt 0)

Is this a joke?

Buddy, as mentioned before, if you are asking this question then you don't have the mindset to make it. I think your time would be better spent looking for a 9-5.

tsinoy

10+ Year Member



 
Msg#: 5334 posted 8:14 am on Oct 6, 2005 (gmt 0)

after lurking here for several months and getting my feet wet with affiliate marketing I am happy to say I'm now certified affiliate geek..hehe.. cj would probably allow me to join their performer program... anyways.. its been 1 year and 2 months since I discovered AM... and it sure is a fun and exciting path to take... specially if you are making several times the amount you quoted...

anyways.. what is the fastest way you ask.. now that I know how things work.. I can make a program profitable in a matter of days... but making a particular program produce that much income is a little tougher and requires more research and dedication... also depends on the industry... I believe one would need to start small understand how things work and take few more small steps to go further... and this cycle goes on..

I suggest signing up with cj look at their advertisers.. and look for programs that have sales history with good 7 day epc.. and then start researching keywords related to that particular program... open overture account and adwords... and bid on those keywords.. preferrably thousands of keywords at a minimal cost... and then observe then tweak and then observe.. and of course on the side read all about adwords and overture... to understand how they work so you can use them to your advantage... in about 2 months... you can probably make $100 or so a month... but if you put a lot of time.. you might improve faster.... this is all ppc of course... seo would take longer...

there you go... can someone please send my a cheque... I'll give you a 50% discount.. $49 will do.. :) hehe...

tophat

5+ Year Member



 
Msg#: 5334 posted 6:13 pm on Oct 6, 2005 (gmt 0)

"I would pose your question at the other forum as well."

I already did so. Thanks Derek.

"Is this a joke? Buddy, as mentioned before, if you are asking this question then you don't have the mindset to make it. I think your time would be better spent looking for a 9-5."

My friend with this kind of an attitude you will be stuck in self-defeating beliefs. Making money is all about minimizing risk relative to your capacity while maximizing profit. This ratio is different for everyone because their backgrounds are different. So your assumptions by default are false and self-destructive.

Thanks tsinoy for the clarification. This is a good tip. It seems the learning curve is the biggest problem to overcome.

I have to thank others for their ideas as well. Now let me get some action rolling.

Nefig

5+ Year Member



 
Msg#: 5334 posted 6:56 pm on Oct 7, 2005 (gmt 0)

tsinoy knows what he's talking about. I'd start with PPC first, if done right, it's a goldmine. But do not rush things, invest 1-2 months in research, find 2-3 programs and build up your keyword list. Start low, make sure you properly organize your keywords in Adwords and OVerture, work on ad copy and there you go! You'll loose and you'll win, but there's no fast way to learn things; although you might get lucky right from the start.

kassius

5+ Year Member



 
Msg#: 5334 posted 7:49 pm on Oct 7, 2005 (gmt 0)

Hi guys/girls so far i spend this year on ppc

ppc: $93,322.29
income: $247,772.88

renee

10+ Year Member



 
Msg#: 5334 posted 8:41 pm on Oct 7, 2005 (gmt 0)

kassius,

is your income from adsense, affiliate marketing, your own product?

kassius

5+ Year Member



 
Msg#: 5334 posted 9:05 pm on Oct 7, 2005 (gmt 0)

Hi renee,

The income is from affiliate marketing, what do you think is that a good return form my ppc or am i spending too much on ppc?

Localizer

5+ Year Member



 
Msg#: 5334 posted 11:06 pm on Oct 7, 2005 (gmt 0)

kassius, for every dollar you spend, you received 2,65 dollar in return.....not bad at all.

renee

10+ Year Member



 
Msg#: 5334 posted 11:51 pm on Oct 7, 2005 (gmt 0)

kassius,

yes, not bad at all! are you using adwords for your ppc or some other ppc engine? adwords tend to be a little too expensive and the other ppc's are usually full of fake clickers. So you're definetely doing very well.

kassius

5+ Year Member



 
Msg#: 5334 posted 2:31 pm on Oct 8, 2005 (gmt 0)

Hi Localizer, renee

Sorry for the late reply!

Thanks guys, i use adwords - overture and miva.

[edited by: Drastic at 4:09 pm (utc) on Oct. 8, 2005]
[edit reason] Sorry, we don't do those topics here. [/edit]

AdChase

5+ Year Member



 
Msg#: 5334 posted 1:11 pm on Oct 10, 2005 (gmt 0)

>ppc: $93,322.29
>income: $247,772.88

kassius, your results are impressive!
How many hours per week does it take on average?

Noximus

10+ Year Member



 
Msg#: 5334 posted 4:40 pm on Oct 10, 2005 (gmt 0)

kassius,
really good results. Do you market somebodies product or your own?

Good Luck Online and Offline,
Noximus

Hiccup

5+ Year Member



 
Msg#: 5334 posted 1:24 am on Oct 11, 2005 (gmt 0)

There are several types of people out there:

1.) Doubters, don't listen to them, they are a waste of time and very negative about everything.

2.) Haters, they are failures who couldn't do it, so they insist that you can't either. (they're always wrong).

3.) Successfuls, they did it and like to show others how to because they've reached a point where money is no longer a satisfier in their lives. (get to know these people well)

4.) Procrastinators, they have a million good ideas, but never move on any of them. Usually they have a fear of failure. (they just need a swift kick in the rear to get going)

5.) Board Warriors, they spend massive amounts of wasted time posting on forums, they have lots to say but usually no clue what they're talking about.

That's just a few types. Each one has been represented in this thread. Can you figure out who is who? LOL

renee

10+ Year Member



 
Msg#: 5334 posted 6:53 pm on Oct 11, 2005 (gmt 0)

Hiccup,

you forgot number 6. People who have nothing intelligent to contribute to the technical discussion so instead they waste forum space by categorizing people.

guess who that is! ;)

bts111

10+ Year Member



 
Msg#: 5334 posted 1:23 am on Oct 12, 2005 (gmt 0)

If you are wanting to get rich quick, I suggest that you go down to the track or your nearest casino. You may be a winnner, but then again you may not.

Affiliate marketing is very complex and takes years to become successful.

Not many people in here are going to give you the secrets, that have taken them years to learn, so you can go and make a quick buck. I will give you one though - TARGETING.

Noximus

10+ Year Member



 
Msg#: 5334 posted 7:27 am on Oct 12, 2005 (gmt 0)

sorry,
"The income is from affiliate marketing, what do you think is that a good return form my ppc or am i spending too much on ppc?"

I didn't read that post.

tophat

5+ Year Member



 
Msg#: 5334 posted 9:01 pm on Oct 12, 2005 (gmt 0)

bts111 while looking at it I did notice it takes a bit of time to get a detailed understanding of the niches and their optimization, not to mention finding the specific sector that you would love to work in.

I for example studied and worked in finance but enjoy artistic things more. So even though I know the financial sector well, I would not feel like doing financial affiliate programs though they pay well. To me it is not just about making money and switching careers but also about doing something more fun than crunching numbers day in and day out, something where even when you are working you think and feel you are doing what you enjoy.

Nefig

5+ Year Member



 
Msg#: 5334 posted 9:09 pm on Oct 12, 2005 (gmt 0)

when you are working you think and feel you are doing what you enjoy... - I'm going to start a few hobby projects when I'm satisfied with my income from financial programs :) It's not about money when you make enough of them money...

tophat

5+ Year Member



 
Msg#: 5334 posted 10:16 pm on Oct 12, 2005 (gmt 0)

It's not about money when you make enough of them - That's the other thing I picked up about affiliate marketing Nefig. It requires pooling of several campaigns rather than relying on one. That's why I think people struggle because it is hard for most novices to learn how to keep track of which ones are or are not making money and it has to be done at the speed of a click. So unless a person is serious, passionate and committed about doing it, failure is pretty much written over the wall or like some of the stories I was reading, it results in a burn-out and giving-up even when making money.

As for the hobby thing you mentioned, I thought if I was going to swing from one tree to another to get the apple I might as well do so to the one with the juiciest ones.

kassius

5+ Year Member



 
Msg#: 5334 posted 10:38 pm on Oct 12, 2005 (gmt 0)

Hiccup which one am i please tell oh wise one!

tsinoy

10+ Year Member



 
Msg#: 5334 posted 7:04 am on Oct 13, 2005 (gmt 0)

"The income is from affiliate marketing, what do you think is that a good return form my ppc or am i spending too much on ppc?"

IMO, you can probably double or triple your income with that much ppc spending...:)

I've seen someone make $10K from $800 ppc, I'm sure $93K could do much much more.. :)

what if you do half as well in ROI.. you still make about $581,250.

bghtn

10+ Year Member



 
Msg#: 5334 posted 10:19 am on Oct 13, 2005 (gmt 0)

Hiccup,
I thought that was a very insightful post. That is all I will say as to not hijack the thread..but good post.

kassius

5+ Year Member



 
Msg#: 5334 posted 10:29 am on Oct 13, 2005 (gmt 0)

Hi tsinoy,

"I've seen someone make $10K from $800 ppc"

tsinoy i spend so much on ppc because i am in a niche market and trying to build a brand, you have to take in to account the members generated form the ppc its not a open to all site, as long as i make a profit its all good.

[edited by: Drastic at 3:33 pm (utc) on Oct. 13, 2005]
[edit reason] AGAIN - that topic is NOT discussed here [/edit]

This 31 message thread spans 2 pages: 31 ( [1] 2 > >
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