My question is how much can someone make from affiliate marketing using adwords for traffic?
Is 100k/month in profit doable? What about 500k/month in profit? yes I am talking dollars.
But ok. I will try and tell me how far off i am.
lets say i can put together 10,000 profitable keywords that belong to about 50 niches. I would only need to make $10 a month profit from every one of those to get to 100k.
Is this la la land?
What if i could build 1000 profitable keywords that make $100 per month each? Is that more probable?
Reading between the lines of your post it seems that you have exceptionally high expectations of how much you might make, but, at the same time, what are probably unrealistic expectations of how easy it might be.
The reality of affiliate marketing (in my opinion) is that it is very competitive - and potentially quite challenging and expensive. Success comes with a price - which turns out to be a lot of hard work and a lot of time spent learning and managing. Not to mention the financial investment involved in getting potential customers to your site.
Unless you are very familiar with affiliate marketing in general and affiliate marketing using AdWords is particular, it is quite likely you will spend more money that you make, at least at first. If I may be very straightforward with you, I would advise that you do not expect to start making a lot of money right away.
At the bottom line, the best approach to making money would be learn, deeply, how both affiliate marketing and AdWords function.
Towards that end, here is a resource where you will find many detailed lessons to help you to come up to speed with at least the AdWords piece of the puzzle:
AdWords Learning Center
[google.com...]
I do wish you the best of success - but please, expect to work very hard for that success.
AWA
AWA is right on the money in my opinion.
It is a PITA with a lot of hit and tries and more information than any beginner can actually use. It will take hours and hours of work to get the landing pages right, the QS thing sorted out and then get the ads right etc..
And then some day.. Google might just change the ground rules.. and you got to start over again. The biggest problem with affiliate marketeers is, as I see it, creating unique content, which adWords will allow traffic to..
As AWA, has already said,.. keep you goals realistic, expectations low and start small.
Once you have something going and have mastered a bit of adWords, you can start dreaming big.
That said, there are plenty of people who *are* doing, so it can be done.
Kidder, how many keywords do you bid on for that income? Do you think one can start earning 3k per month after 2 months starting with only $300 bucks?
[edited by: buckworks at 10:34 pm (utc) on Sep. 30, 2008]
[edit reason] Please avoid name drops. [/edit]
[edited by: buckworks at 10:37 pm (utc) on Sep. 30, 2008]
My question is how much can someone make from affiliate marketing using adwords for traffic? Is 100k/month in profit doable? What about 500k/month in profit? yes I am talking dollars.
Now, have you thought about how much money one needs to spend in order to make 100k or more in profit?
The reason why you’ve seen replies telling you more than you’ve asked about – they felt kind of sorry about you. Or better say worried, and eager to help so you don’t get “blind” (or stop being).
Please understand that I’m not even thinking about offending you. Just grasp that the percentage of failed affiliate marketers is huge, compared to those that use this type of business to pay all their bills.
In regards of the math, Google’s approach is algorithmic, not arithmetic. Forget $10/keyword/month X so and so keywords.
Finally, while more information is kind of gold, until you get your feet wet, forget about making money anywhere except on lottery.
And yes, if you work, do not quit your job until you have some (affiliate based) cash under yourself. That some should be at least your current annual salary. ;)
Take care.
The above was your question.
Answer: There are companies making 1 or even 4M/month in affiliate business.
Thanks. If this is accurate, my question was finally answered. yes I understand only 5% of adwords marketers make a living and only a fraction of that a good one. if there are companies making 1 million a month from adwords and affiliate marketing together, i bet you can count them on one hand perhaps 2 tops.
I also assume someone who makes 1 million/month in profit is spending half a million or more to make that. I`m not the young punk born yesterday you seem to assume. Obviously I would be lucky to get there in 4 years of constant building and reinvesting the earnings etc....
The point is, if what you`re saying is true, its worth the struggle for the rest of your life really.
Stoutfiles, you think i need to have 1k to play with to make that 3k a month first goal?
1k to play with to make that 3k a month first goal?
It depends on what you’re starting with.
You obviously explored this topic and maybe have a neighbor or cousin that had told you or showed you how they make money in this, or whatever.
Something has made you come here and ask your question(s).
Besides investing some money in it, what’s your marketing plan? What’s your concept? Do you know how to build an affiliate site or you just count on to link directly to your “partners”?
I ask you this so we can help you better.
P.S.
struggle
i was planning on starting with only a few hundred bucks discovering profitable keywords, copy, sponsors etc.. and they slowly just keep scaling things up by always reinvesting as much as possible. I have read <guru name snipped> book on adwords as well as several others on affiliate marketing but have not made a dime yet mainly to lack of action. From what i understood, the winning strategy to beat your competition is a combination of copy, landing page/product/service/optin combos. I suspect thos making 5 and 6 figures monthly are the masters of all of these probably paying others to administer their campaigns/system.
But back to little people like me, my plan was to find a good selling product with track record and promote them with some low competition keywords. I do have the skills to build a simple html affiliate site such as many clickbank landing pages, aside from that there are many apps that can build them for you which i also have.
I understand quality score for adwords is based on the one page you are promoting. Therefore is size of site not irrelevant to adwords?
So if I find a few winning strategies after a few months i would like to be able to double my profit. So $2000 adwords expense brings $5000 gross to make $3000 net profit. Difficult?
[edited by: buckworks at 10:35 pm (utc) on Sep. 30, 2008]
[edit reason] No name drops, please. [/edit]
The quick answer to your question is no, not in a million years will you make $500,000/month doing affiliate marketing with adwords in late 2008 as a newbie.
If you want to make huge money then SEO is what you should be doing.
So $2000 adwords expense brings $5000 gross to make $3000 net profit. Difficult?
Again, it depends on your concept. Give us one single phrase you would have on the list of your profitable keywords, including the commission rate. If you're not that far, please come back when you have it.
[edited by: buckworks at 10:40 pm (utc) on Sep. 30, 2008]
So $2000 adwords expense brings $5000 gross to make $3000 net profit. Difficult?
Start with a budget of $3000, that is $100/day for 1 month. Have a good look at Yahoo and MSN too. Consider yourself very lucky if you are able to break-even in the first month and If you are able to break-even in 1 month then you are on the right track.
I like to compare affiliate advertising with player poker:
1. lot's of people play it, most lose money
2. you can be a professional player, but you need skill and experience
3. you can't win big if you don't play big
So don't see it as a new career, but as a hobby until you actually make money.
Answer: Yes, it is possible.
How: Tons of work, tons of testing, and like AWA said, you'll likely lose money in the beginning before you make it. And yes, the odds are not in your favour as only a fraction of affiliate marketers make it into the 100k/month league.
However, are YOU that fraction that will make it? It's up to you. Always has been, always will be.
If you don't try, you'll never know.
I wanted to add: If you consider affiliate marketing akin to a poker game...then yes, it's likely you'll lose.
However, if you treat affiliate marketing as a business, and a possible way out of a day job, you have a much better chance for success.
And, for everyone's information, if you put in the immense work required, you can attain 100%+ roi in competitive niches whilst spending 50 to 100k per month. So yes, it is possible...and...it's STILL possible. Just takes a lot more work and risk than it did even just 2 years ago.
You can make far more than 100% ROI if you can find some nook or cranny, but you won't find enough of them to spend $100,000/month on. If you do, and you aren't cheating your merchant or adwords, don't get a 30-year mortgage based on your fleeting earnings.
[edited by: buckworks at 10:44 pm (utc) on Sep. 30, 2008]
[edited by: tedster at 3:36 am (utc) on Oct. 1, 2008]
[edit reason] no edit - my error, sorry [/edit]