7/11/2007

Amazon Affiliate program

Yesterday I sent a book recommendation to my real estate list of 1800 emails...

For my efforts I got 15 unique visitors yesterday and 9 more today. 24 total visitors and 7 clicks to Amazon and 12 items were ordered... 8 were of the book I recommended, and 4 other orders (I get all orders that occur due to my efforts whether it's a book I recommend or not).

My referral percentage is 4% and so while they don't tally up orders until they ship, I'll estimate that I'll make a whopping $5.76. So like AdSense you need a LOT of traffic to generate any "real" money from the Amazon affiliate program.

Making only a half cent per page impression with AdSense, and now I've just made one-third of a cent per email via Amazon Affiliates.

I'm also testing out a ClickBank product... so far I've spent $18.43 on AdWords getting 52 clicks to the "pitch page" of the product. So my clicks are costing me 35.4 cents... and for this "test" of this particular product I've gotten 1 order (a 2% conversion rate) and earned $13.35

So I'm actually in the red by just over $5 so far. The test is still new enough that I can let it continue, and I can tweak my AdWords to lower my CPC (cost per click) and increase it's effectiveness... but now you can start to see why I like Network Marketing so much. It's tough to make money any other way.

7/09/2007

Use MySpace to make money - find prospects

MySpace has about 55 million people visiting their site every month... a HUGE market for any type of business. It's a social networking site... so it's ok to network. I'll share tips on how to network... an no, it's not to blatantly spam people, and you should not lead right out with your pitch. You should first make a friend. Then you can share your business, product, service or opportunity.

The easiest way to make friends is to do it how you would in the "real" world. Socialize with people who have similar interests as you... find them by conducting searches vie the "search" or "browse" options on MySpace... and when you contact them, contact them out your common interest. They are likely to check out your profile... so make your profile a fun one... NOT a salesy one.

To speed up your contacts... go ahead and use one of the mass invitation products like MySpace FriendBlasterPro. This free download (advanced version is about $60) will pick up tons of email addresses and send out pre-written invitations to be your "friend". Once they accept... you then have a virtual invitation to talk to them.

To get started... create a MySpace profile... and while you can include info about your business.... make sure it's a soft sell... and is just a small part of your overall profile. Your profile should be about you... and if you're not a fun person... or well read or well travelled... then do as "The Secret" suggests... and imagine the life you want to have... then present yourself as already having it. This way... even though you're doing a mass invite... people will visit your profile... find a fun person and accept your "friends" invitation.

Finally, when you do start a conversation... and let's say you both are pet lovers... after you've developed a nice online friendship (which can be done in one to 10 or so online chats) you can say "gee, you'd be a great person to work with... are you open to new opportunities" (I use this line when pitching my Network Marketing business. When presented this way... they don't see you as a sales person, and are MUCH more likely to enterain your "pitch" since you're "friends".

Adsense - how much can you make?

Like everything else... nothing appears to make you as much money, as fast, as any promise... and that's true of Adsense.

I use a traffic counter on my blogs... comparing that to what I've earned on AdSense so far, I earn roughly a half cent per page view. So to earn a living only on AdSense... let's say you're happy with a $60,000 annual income (just above the average annual household income in the U.S.), you'd need 12 million page views a year, or 33,000 per day.

Sure this is possible... but then you've not only got to write lots of great content, you've got to work hard to promote your blogs to have a chance at getting that many page views. My average visitor gets to 2 to 3 pages per visit, so you'll need at least 11,000 unique visitors per day. That's a lot.

I also find AdSense annoyingly confusing (I'd love your help in the comments section if you know of a work around) because they don't seem to let you exclude certain types of ads. For example, on my Network Marketing blogs, I'm obviously promoting my business... called MonaVie. Yet AdSense places other distributors ads on my blog... so in essence, for my 1 cent per page return, I'm inviting competition and possibly losing that much from my MonaVie business.

I also find Google Adwords MUCH easier to understand and work with... and since I pay Google for Adwords, and Google pays me for AdSense... I guess that makes sense... to them at least.

Personally I think this is a really dumb mistake by Google... it just invites competition. I found one competitor called AccessoryAds.com or "Search7". You can be a Be a 7Search.com Advertiser! by clicking the link.

Unfortunately they're small right now... while you can choose any category of ads to show on your site, it appears they have to include categories you don't choose because they don't have enough advertisers in all categories.

So... how much can you make in AdSense... if my sites stats are reflective of the web at large, then figure a half cent per page view. And if you've got the space, ad a 7Search.com Advertiser link to your site as well. I've only just experimented with this service, and in my first 100 page impressions I got 1 click and earned 51 cents.... so that's an exact match to AdSense so far. But of course I do have both on the same page... so combining them I'm earning 1 cent per page.

By the way... PLEASE do two things for me... one... please do check out the ads on this site... I don't want illegal clicks... but if you see an interesting ad, please do visit the advertiser. Second, if you have AdSense or a competitor on your site, would you mind "commenting" to let me know how much you make per page impression. Who knows, maybe some optimization (if I can figure more out on the confusing AdSense site) will help me earn more.... so if you're earning more (or less) let me know.