The end result after [sometimes] blowing a grand or two on AdWords and much trial and error is that yes, you basically get paid to write Google ads.
Generally you'll need the cash to pay your AdWords bills before you get checks from merchants [if you in fact generate sales, and profits from it all].
You can lose lots of money very quickly, or, after a while if you stick with it you can collect thousands each month with relatively little work.
I gave a presenation on this topic ad the last PubConference [webmasterworld.com] and intend to post it as soon as I get a chance to make a few edits.
Selling those AdWords get rich books may be the most lucrative way of all to write AdWords and make money. ;)
Haven't written one but its tempting!
For high-priced words, a publisher will write an AdWords ad and bid very low. Some traffic will go to his site, which will be a one-page site with minimal content, but which will contain AdSense ads by advertisers who bid high. The visitor is encouraged to click on the AdSense ads. The publisher essentially buys and sells visitors on the same keyword almost simultaneously. I’ve also seen where publishers buy the keywords on other PPC services, directing visitors to their site, where they are encouraged to click on AdSense ads.
Sounds very simple huh?
Affiliate marketing works if you have the ability to generate traffic. And Google AdWords is the quickest way to get visitors to check out your affiliate pages/links.
Since we already have tons of "Make Money on the Internet" guides, I guess it is 'cool' to have a title like "Make Money with Google AdWords"
Skibum is right on. You must do your homework on AdWords. What we are basically doing is typically called "The Google Cash Method". Just sending customers straight to the Merchant site, through AdWords.
There is potentially good money in it, (I know a few people making over $5,000 a month doing this), but it is hard work. Google Cash makes it sound very easy. The Fact is, it is not. Many people give up before they ever make any money... More money for the people that stick with it.
Personally, I have spend about $400 so far, and made half of that back. You can test over 30 products from ClickBank, without any of them working. Actually, from what I have found, and many others have, most products do not sell through AdWords. By the way I have tested 23 products so far, and am still searching.
One of the keys is to not spend a bunch of money testing. I will only test a product for 50-100 clickthroughs, and usually spend 10-15 bucks doing it. Once you find a good product though, you will quickly make back your money and a lot more.
C.K.
It also [usually] provides enough traffic and time to test a bunch of different keywords. The obvious keywords are often already bid up to high so you have to think of alternate ways that people may search for something. The result are often surprising, and of course, sometimes very dissapointing.
Once you find something that works, you could share the info with one or two people and easily replicate the results. You could publish a book and give someone the strategy and the sites/programs to promote and they'd still fail if they aren't creative with the keywords.
The bottom line is the click cut-off is depending on the product payout.
I don't test for over 100 clickthroughs for this reason:
1. A good product should sell roughly 2-3 or more for every 100 clicks. This is assuming roughly a $20 Commission.
2. KeyWords cost money. Why would I test a product for say 500 clickthroughs, only to find out that it only sells every 200 on average? Depending on the price of the KeyWords, you won't make much, or you will break even.
C.K.
I'm still getting virtually all of my traffic to my content/affiliate site through Adwords, and Adsense pays the bill. But the float--ouch! Someday I'll be indexed...
Its nothing more than using adwords to sell a product or service. It can be yours, or someone elses.
In the end it boils down to keywords... what you know about them and how to use them. And THAT is where your own accumulated knowledge comes into play.
Some affiliate programs don't allow ads that go directly to their site instead of to your own domain first, so you have to watch out for that with any kind of "Google Cash" approach.
You can use the one-step approach (send them directly to the sales site), or the two-step (send them to your site, which pre-sells the sales site). There are ADvantages and disADvanatages to both of course.
I am converting 1/66 clicks which generates .43 cents profit for every dollar spent. In other words if I spend a $1.00 I make $1.43 which equals .43 cents profit. I will say, that I am spending a ton at Adwords each day which is a little nerve racking!
Now that I know this can work, I am reducing my bids my .05 cents per day, and see how that affects the ROI and number of conversions. I would really like to double the ROI as the ultimate goal.
To make this work you either need a realy high conversion rate product, or a high commission on each sale - ultimately you would both to be true! :)
I have purchased two competing e-books that both give the same type of information. I am going to write reviews of each book - and then try pointing my clicks to my site and see how that affects conversions. I think conversions could increase because now the clicker has a choice of products, and also has a bit more info to inform their decision.
Hope to have my site live in about a week - I will let you all know how it goes.
Burke
It is very easy to start to earn $ from Google. But it is just a START only and it is not earning $.
To do so, you need to join affiliate programs first. Some companies have their own affiliate programs so you have to register one by one.
There are also many Affiliate Networks, like cj.com linkshare.com.
After you register, you get a link. When people click that link they will reach the companies' website. If they complete a sale, you get commission.
That's all.
I don't agree with ebizcamp. I think you can still make great money doing this. It is more shakey in the long term for making money, compared to say running a website, but the money is still there.
Yes, there is more competition. But a lot of the Google Cashers that do this, try it once or twice and give up.
C.K.
ShelbeesMom, what KeyWord programs do you like to use? Sticky me please.
Thanks.
If you use only AdWords to generate your traffic, and AdSense for your ads, you are (IMO) making a risky mistake.
Why? Because you are shaving profits from your supplier (Google) and your consumer (Google) in order to earn a living. Since they are the same entity that makes you a parasite -- and parasites are targeted first anytime a company needs to trim the waste. Worse, often times the parasites are *targeted* by the company --meaning the company can easily change things to manipulate the parasite to regain lost profits, until the parasite goes away.
A lucky gambler is wooed with free rooms and perks, so he stays longer and next thing he knows he lost all his lucky winnings and is in debt. How will you get out of this program if suddenly your adwords bill keeps rising, yet your AdSense earnings have gone down and don't appear to be bouncing back? You cannot leave until you have already lost, unless you lave at the top (which it appears the GCash people already did?).
Many felt this sort of thing happened April 1, when adsense payouts changed for some publishers. To some, it appears G will reduce the payouts to those gaming the system, but of course AdWords costs are set by the bid market -- not likely to go down.