Forum Moderators: skibum
So, yes, those numbers are possible, just watch your back.
I think if you can imrpove your roi to maybe to 200%-300% or so... then you will be less susceptible to lowered commissions and ppc price increase.... give options to your users.. you might monetize more of them... don't put too much though... they might get confused and leave..without doing anything....
testing is the key...
A lot of the posts on this board are set-ups for people to spend money on affiliate marketing schemes, so beware of that too.
I thought the one ad per display URL would put an end to things, then the minimum bids might have an effect but the whole AdWords affiliate thing is more profitable than ever now. It's probably not advisable to take on debt or make major purchases based on the anticipation of future earnings but it could continue for quite sometime or crash tomorrow.
If you are spending around $3,300 per month, it is time to look into a credit card with a decent rewards program. WorldPoints cards will give you 1% cash back and there are others. If you own a Subaru they have a card that will give you 3% back toward parts accessories, etc..
Once you've been going for a while and have some cash in the bank, you can start to make more money from the 0% offers lots of credit cards offer on balance transfers.
I thought the one ad per display URL
Dave.
Well, then, you should be able to make at least $55K/day.
"affiliate profits with PPC" are possible but it is a very difficult and risky business. Like anything else, you either need special knowledge, special skill, or a lot of planning and determination to make a success of it.
In essence, you are trying to exploit a market inefficiency, so it is likely any inefficiency you discover will correct itself over time. It could be that PPC is still immature enough that there are lots of inefficiencies to discover, but it is likely that those are shrinking over time.
I'm currently running a program that makes me 350% ROI and nets me close to $500/day. Just find a few of those....and it will take a MUCH longer time for things to "even" out to where it's not profitable anymore.
Dave.
If this is a true statement then 1,000 programs should take less than two years to set up.
I'm glad to hear you are such a successful businessman. It's odd, though, most of the people making big money in affiliate programs never brag about it and certainly don't give monetary figures on their accomplishments. They would certainly never suggest that someone else do something similar, that just means more competition for them. In fact, the only rational approach, if you are really successful, is to keep it a tight secret.
Dave.
You are making $500/day and you think there are "many" in here making $5,000/day?
People who actually make good money don't brag about it and they don't go around trying to convince other people to jump on the bandwagon.
Some people who do make a lot of money post on these boards, they offer advice and opinion for a variety of reasons. Partly to give back to the community that has helped them, partly to work out their own ideas by typing them in, partly just for the pleasure of talking about their business and passion. But you can distinguish them from hucksters by the fact that they aren't trying to sell anything or give people false expecations.
Dave.
Making $5,000/day would be 10x as difficult, at least. Even with incredibly high organic rankings for incredibly lucrative terms it is very hard to make that much through affiliate programs.
I started a new program last month around the 5th or so... and was able to make it produce $2.5K net profit by the end of the month nothing to boast about for sure with relatively small amount of work... using ppc... anyways.. although $2.5K is a small change... it tells me that there are still gold to be mined... doesn't necessarily need to be a niche it was a crowded space... but I guess.. with some innovation.. you could still make money with it... I would actually look at crowded markets and find the cracks... ;) its easier to make money that way since its a proven market... go for the spills of a crowded market..hehe...
anyways... good luck whatever you do... as for dave... cool down dude..hehe.. spend time in finding a new program that produces more dough for you.. it'll be more interesting... :) hehe... $500/day is good money..and I am sure you can double that in no time... always beat your own numbers to stay ahead..hehe.. as they say... sometimes the cheese will move and it's our job to keep looking for the new cheese station..hehe..;)
Dave.
hucksters and shills post lots of messages
As an enthusiastic, doe-eyed, webmaster wannabe who hopes to someday make money off of a website, my guess is that the hucksters generate false buzz about their success on the www, prompting those more naive than I to sticky mail them, at which point identities, links, programs, etc. are introduced (read: more huckstering takes place).
After a lot of lurking and limited participation in this community, I truly wish that the hucksters would simply dry up and blow away.
Remember, way more people read these boards than post on them. Their cheap games work and they're hard to stop.
In fact, I am sending the traffic to my web site first.
I do this too. The trick is really just to do PPC and page usability better than the merchant. I even have one merchant who advertises their products via PPC as well, and their ads appear right next to mine, and I still outperform them. They don't mind though, they see me as a competition blocker who happens to be better at this than they are.
Cheers,
Dave.
<edit>Just to add, Yes, there are a lot of self proclaimed gurus out there who make money off naive folks. I also despise them. I didn't want to come across as seeming that making hordes of money is easy. It's not easy and does take time. Perhaps in the future when I attend a Pubcon we can chat and you can see that I'm not a con artist...I promise not to try and "sell" you anything too...I'll even buy you a pint :)</edit>
Dave.
You did contact me, and I did reply, and no, there was no attempt to sell or promote anything.
