You’ve seen the e-mails, and all the hype surrounding affiliate marketing without using an e-mail list or having your own product – in other words, you’re pimping someone elses products.  Nothing wrong with this but what a lot of the ebooks don’t tell you is how to get real traffic to make this a worthwhile opportunity.

So how can you make boatloads of cash without having your own list or product? 

Traffic is the key.

First off – traffic through content is possible, but it will take time to build up.  If you read the $5.00 Per Day on Adsense post I made a little while ago and you downloaded the e-book and read it you would have learned that you need to push articles to dozens of content networks … oh, by the way a “content network” is just a fancy term for article directory.  It just sounds better when you call it a content network.

So how can you get thousands of visitors to your site per day in order to convert a small percentage (and when we talk small, we’re talking 1% in most cases – unless they are very targetted leads)?  Easy.  It’s called CPC advertising, or cost-per-click advertising – again another fancy term for using something like Google AdWords.

This is how it works.

  1. Find good paying affiliate programs, perhaps they pay per lead or action (such as giving your e-mail address, phone number or other information) or a highly popular affiliate program through something like ClickBank (we’ll talk about that later and some of the pitfalls and warnings to watch for).
  2. Find hundreds or thousands of related keywords for the product(s).
  3. Bid on them via AdWords or another CPC network.
  4. Drive traffic to your landing page

That’s how it’s done in a nutshell.

Of course, the difficult part is understanding all the steps in detail and putting what you’ve learned to action.

I’ve tried CPC/Adwords in the past and while I didn’t loose money, I didn’t do it well enough so only had moderate success at it.  This was also the same time that I jumped from program to program, thinking that the next thing is the sure thing – check my About page or read this post – Are you a forum junkie?.

Over the years, I’ve learned quite a bit more about how to advertise without loosing money but at the same time ensuring that I can convert the visits (convert means to get the visitor to perform a specific action so that I can collect the commission for that action).

This time around I’ve done my research, and am working with two competing programs — I’m not yet ready to disclose which programs I am working with right now but will do so soon enough.

So far I’ve been pretty impressed by both of these programs.  One program is VERY expensive – around $$$$ and the other is like the little brother to it costing considerably less (only $$).  Sorry that’s the only hint I will provide right now.

mini-site-formulaThe one thing both systems provide are small case studies, along with the websites that were created for them.  The one thing I noticed right away, is that the sites are UGLY.  I’m serious, they are very, very ugly but the affiliate marketers claim to make phenomenal amounts of money with them. 

These are called landing pages.  A landing page can be something simple with nothing more than the offer and some other information or it can be a small mini-site (do you remember a product called mini-site profits from a few years ago – apparently it’s no longer available, but don’t worry you can find similar information on the web for free — in fact this $5.00 Per Day on Adsense gives you similar information to build a mini-site).  Phil Wiley had a product about mini-sites, as did Michael Rasmussen (if I remember correctly).

There is another system available called The Mini Site Formula that sells for $97.00 or a $1,997.00 option.  Yes, there is a price difference… but when you read their sales page you see that they will give you one of their profitable sites for that price.

So what is a mini-site, just what it sounds like.  A mini-site is like a full-blown site but on a much smaller scale.  There may be perhaps 8-10 well written articles that provide useful information, along with a short sales pitch plus an opt-in box along with the regular pages (Privacy Policy, Contact Us and About).  The idea is to use CPC to lead people to either a very generic landing page or a mini-site.

Combine CPC + CPA + landing pages OR mini-sites + e-mail captures and you can achieve the following:

CAPTIVE AUDIENCE – by capturing their e-mail you have a VERY HIGH probability of being able to sell them on future offers.  Think about it, they were looking for something, found your site and were willing to give you their e-mail address.

MONEY – chances are they will also click through on your advertising and purchase or give up some information.

As I go through more of the material, I’ll combine what I know with what’s presented (I won’t give you the details of HOW but high-level WHAT) and post here.  Please, don’t expect regular posts on the topic – and I won’t give the dirty details because that would be unethical.  What I will do is package the information into informative posts, you can already find a lot of it FREELY out there but I will put my own spin onto it.

Mohamed

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Affiliate Marketing Without A List, Or Your Own Product

Update To MBA Or Not To MBA

Just a quick update – I received the books about a week ago and started reading the first one “What Got You Here Won’t Get You There” – so far, so good.  In case you’re wondering what the heck I’m talking about, you might want to go back to this post > MBA and read it.

Now I am terrible at reading books (especially business books) from A > Z – I tend to jump around quite a bit.  I did go through the first few chapters, but what really peaked my curiosity is in part two “The Twenty Habits That Hold You Back From The Top”.  I’ll share more as I’ve read and digested!

Mohamed

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Update To MBA Or Not To MBA

Top Ways To Enhance Your Education

We are living in very tight times – the economy is going all to hell, I just heard on the radio this morning that the TSE dropped 500 pts in the first hour of trading!  Ouch.  My pension is definatly not doing well, so I’m seriously considering putting money into cash accounts instead — yes, I understand that you should by low and sell high; so really that’s my first reaction.  In reality, I won’t be so quick to liquidate but will be watching my investments.

So in turbulent times, what can you do to help yourself?

If you’re working – work harder, but you should always look at working smarter.  The best way to work smart, is to enhance your education.

Here are my Top Ways to Enhance Your Education In Rough Times (or any time…).

Visit Your Local Library

Don’t spend, unless you really have to.  Most libraries in major cities have excellent book collections in a wide range of topics and subject areas.  Before you buy, visit the library to see if they have the book you want.  If they don’t have the book, most libraries will take requests from patrons — ask them if they’ll buy the book!  This has worked for me — and the bonus has been that I got first dibs on the book when it was brought in.

Buy Books

OK, so did I just contradict myself?  Well, yes and no.  If your library isn’t willing to buy the book – buy it yourself.  We all love instant gratification, but did you know that if you purchase a book on-line you could save as much as 40% off the price?

Consider this – in my recent post “To MBA Or Not To MBA” I mentioned that I purchased three books from Amazon online – the cost of the books was around $60.00 — however when I went into the store to purchase them it was around $100.00 — close to DOUBLE!  When I asked the clerk why, they said that there is lower overhead for them to sell online versus in-store.

Even before you consider an on-line purchase, check out used book stores to save even more!  I enjoy science fiction and am not picky about old vs new so usually pick up older books after they’ve been in print for a few years.  A book that is worth around $12.00 can be purchased for as little as $1.00 depending on the condition.

Finally consider posting an ad on Craigslist or other similar service for the books you’re looking for.  You will be surprised as to the responses you will get.  I’ve successfully sold hundreds of dollars of old DVDs that my son doesn’t watch for as much as 75% of he original purchase price!

Number 3 on my list is to look for online courses and other types of services that provide “free” information.  For example, I am interested in learning more about strategic planning — but many courses are often expensive and run at odd times.  So I went to Google and found some great websites – one that stood out was this one – http://www.managementhelp.org/plan_dec/str_plan/basics.htm - they provide some excellent information which will help supplement what I already know and lead me to other avenues of learning more about this topic.

In the past, I’ve come accross many other sites that offer high-quality on-line learning.  Many of the courses were directed at people in a certain geographic area but after speaking with the manager of the program they were willing to let me in.

Let me give you one more example – I was looking for grade 1 and 2 lesson plans for my son, and found a great website but it was intended only for teachers.  Once again, I e-mailed the site manager and they let me into the site so that I could find and download what I need.

Professional Associations / Hiring Agencies Rock

Many professional associations provide low-cost or subsidised training – look into them!  For example, although this isn’t a professional organization, one of the hiring agencies I used to hire agents frequently offers webinars and free workshops.  These workshops are never “sales sessions” either, they provide solid and very useful information — best of all, they are FREE!

If you are working with a hiring agency, ask them if they offer any type of webinar or workshops for their customers.  Some companies might provide books or other services that you don’t even know about.

Volunteer

This is one of the best ways to gain additional exposure, although in recent times charitable organizations are looking for more experienced and seasoned individuals – it’s worthwhile to ask and see what is available.  Many charitable organizations are able to get training for their staff at low or no cost through government subsidies and grants that only they have access to.  Others also offer their own training, which has been developed by professional organizations.

Volunteering not only opens you to education opportunities, but the chance to network with others.

These are only a few ways you can enhance your education, I’ve got a couple more ideas and will share those with you tomorrow.

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Top Ways To Enhance Your Education

Who Let Mo Out?

WOW!  It’s been a VERY BUSY fall.  When my family returned from vacation, I put the brakes on work – going from around 12-hour days (to fill the time) to about 10-hour days, but that was short lived.

As Director of Customer Care and Operations, August/September is my prep time for November, December and January three of the busiest months in our year!  The industry we are in is very competetive and margins are low so the key is LOTS of sales!  As well I lead a small team of customer care agents that are highly specialized so training and preparation is key to ensuring 90% + call answer rates consistently.

I’m in the pre-paid business – think stored value cards, wireless and virtual long distance PINS.  Our company is a distributor of these products for others in Canada and the US.

October and November has proven to be BUSY times for me and my team, we’ve increased our daily call volumes by over 50% (with no increase in staffing) and are still able to deal with 90% + of calls coming in.  On top of that you need to deal with people calling in sick, late (always) and just plain old bad days.

I’ll hopefully be posting more regularly once we’re over the seasonal hump and probably will start up the Blog Carnival in 2009 – just too much to do right now.

Roberts in his “off season” right now as well – as he doesn’t work, he spends the winter months out of country so we’ll see him sometime next year.  When he travels, he doesn’t like to “work”.

Anyway just wanted to drop in and let everyone know that I haven’t fallen off the face of the earth – with work and sports that my son is taking (soccer, swimming) plus Sunday school plus trying to spend quality time with him (playing, and teaching) and out of a 7-day week, if I don’t give my wife at least 1 dedicated day I’ll probably be seeing divorce papers… well, you get the picture.

Hope you all have a great month – with the economy being in the dumps, do take care of yourself and your families.  I will be continuing the series of posts on ways to make money.

I want to make one quick comment on this – someone had said that they tried a few items from the list and they were not making anything…folks, you cannot expect to do something ONE DAY or ONE WEEK and make money at it.  The only reason why the “big guys” do is that they’ve got mailing lists of tens or hundreds of thousands of people!  If your mailing list is 100,000 people strong and you put out a product or service and you only get 1% of the people buying it – that’s 1,000 people.

Most of these seasoned marketers further divide their mailing list so they know who to target.  For example, they may have a general mailing list that contains 50,000 people then a second list of people who have purchased from them.  This might be smaller – say 10,000 people — but they are HIGHLY TARGETTED!  They are very confident that when they sell to this crowd they will see a huge return on investment i.e., more click-throughs and better response to their pitch.

Whatever you do, it must be long term and you need to focus.  Don’t expect to make thousands with a website you’ve just put up… unless of course, you already have a huge following and massive lists or are willing to spend thousands on buying lists.

Take care friends!

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Who Let Mo Out?

Here is it – Edition 18 of the Internet Business Blog Carnival!

Robert Benjaming @ Internet Business Opportunities

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Internet Business Blog Carnival – Edition 18

As we’ve said time and time again, running a blog carnival is a lot of fun.  It gives me the chance to see what a selet few in the blogosphere are doing.  The blog carnival has also helped me find great sites that I’ve added to my Google Reader.

UPDATE 6/10/2008 – Sorry to get petty here, but if we include YOUR blog article here we do expect the trackback.  If you do not OK the trackback, then we will delete your entry.  This is give AND take – don’t expect a one way link from us; or else just don’t bother posting to this carnival.  ’nuff said.

Without any further delay, here is the 17th Edition of the Internet Business Blog carnival.

 oibo dot org

 

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Internet Business Blog Carnival – Edition 17