Forum Moderators: skibum
I would like to get some encouragement from the guys who have been doing it for a while. How long was it (in terms of $$$ and time) until you made your first sale?
p.s. Please mention, if possible, the average price of the product you're selling
So, it depends.
It probably took about 2 years after the first aff links went up to generate my fist sale cause aff marketing took a while to sink it.:)
~sept 1 of this month i put the site online in a rough format.. after a week or so i had some click throughs and 1 sale.. i made some changes and added a nice feature to my site then i saw the click throughs and conversions really start to translate.. since the site is so new im really not getting any search engine traffic though its indexed.. I found a couple of coupons for adwords and overture which helped me to try a few things and gave me some credits to work with and from the ppc i'm getting about ~100 uniqes a day and seeing about 2 sales a day.. so for the first week of real traffic and sales i'm making about 20/day. i think i got lucky.. if you havent already tried ppc programs shoot me a pm with your email and i'll pass on these links for the coupons..
With PPC the traffic comes, guaranteed. No waiting, no fuss. Just costly if your site doesn't convert!
By the way, whilst you're "waiting" for your first sale, why not spend the time improving you knowledge, maybe start right here?
Waiting is for those who wish to stop growing, not those seeking success.
>Waiting is for those who wish to stop growing, not those seeking success.
Hey, I agree with you have said completely but what makes you think that i'm waiting? Trust me, that is not the case.
I've been trying to break into AM for about a month. In the past few weeks I invested a considerable amount of cash & time, converting 0 sales... I am now working on gaining organic traffic through SERP (content) and directory PFI.
My niche is fairly competative and considering that I lack knowlege of the potential conversion rate I'm having hard time competing in AdWords alone. A lot of my AdWords competators are redirecting traffic straight to affiliate web sites.
I guess I should have phrased my question more accurately: How long did it take until you figured out how to make a site proffitable with AM?
If you're talking of AMing from a website I own, my first 'sale' would be from 1998, when TerraShare offered $3CPM and free hosting. I guess you couldn't exactly call it AMing, since I was being paid for impressions, not sales, but I'm sure there were some sales being made :D
That's pretty much my story. Since then, I now run one full content site ("flagship", with updates and articles), a few smaller lead/sale based affiliate sites, as well as a few PPC->Merchant campaigns that have proven profitable. On top of that, I've "diversified" by ebay sales of wholesale items, and investing in HYIPs, as well as FORDEX trading. All means of diversification.
I wouldn't say I'm rolling in money, but it was a lot of hardwork, and the harvest is getting larger every year.
"My first shot at "AM" was December 2nd, 2004."
I'm glad you can see into the future. :) (Please give me that ability :)
Yeah, it's not the money I'm after, it's the rush ;)
I also do a lot of random keyword studies. That has put me onto some areas/terms untouched by other AM's. If I can't find an existing program for some available terms I'll contact good relevant sites asking if they have an affiliate program.
It's a lot of hard time consuming fun work. Once I find a vein and the money is flowing, I continue my search for another one.
Saiokina ga uma.
The story goes that one day his horse broke down the fence and ran away. When his neighbours heard, they commiserated with him over his misfortune, but he said `How do you know this is not really good luck?'. A few days later the horse returned, bringing another horse with it. However when his neighbours congratulated him on his good luck, the old man said `How do you know this is really good luck?'
Sure enough, some while later Sai's son falls while riding the horse, and breaks his leg. However this turns out to be good fortune when all the young men of the village are ordered to join the Emperor's army. Sai's son doesn't have to go since he has a broken leg.
I've been a full time SEO for nearly eight years. This past year plus about 3/4's of my time has been spent developing personal AM programs. On average I get $1 back for every $.50 spent on PPC. I run reports daily and pause ads when needed.
I've learned the hard way many of the products I sell are seasonal. My objective over the next few years is to keep developing more programs so that I have two or three going strong at any given time. I do have a few products that are steady year round though.
My biggest error was signing up with a firm offering 3 day cookies.
The lead up to the Iraqi war was the best time for me, I had US mill coming to the site and buying 10 of this and 15 of that! Mainly personal cooking stoves and compasses, youd have thought they would have these already as standard equipment.