Tuesday, November 10, 2009

$500 in 5 Days for One Hour Work

I have not used Google Adwords from a long time to earn money from PPC based affiliate marketing. But recently I decided to give it a try and see how it works for me. I gave it a try and I made $500+ profit in 5 days for that one hour of my work. This post is about, how did I do it. I am sure you can do that as well very easily.


Here is how I went about doing it. This is step-by-step information on what I did exactly:
First of all I registered a new account with Adwords and got $50 in free credit. Here is my older post about how can you get that free credit (valid only for new accounts).

Next task was to find a good program which is high in demand, convert quite well, and does not have much competition. I did a lot of research to find out that online degrees is a niche which is high in demand, but has quite strong competition in PPC terms. And then, I found this program called Instant Degrees which is also in online degrees league but it is totally different concept and does not have ANY competition. So I decided to give it a try.

I checked their affiliate program which pays 30% of the sale amount (means commission of: min: $36 and max: $63). That looked quite good to me. So I registered with their affiliate program (which is there on their homepage). Hired a sales writer and created a great landing page website.

Then I setup my Adwords campaign with 3 AdGroups and around 10 different ads to see which type of ads works best. My daily budget was set to $100. Then my campaigns went live.

For the first day, I got only two signup with a commission of $93 in total on my spend of $98. So that was a loss of around $5

After seeing the results for 24 hours, I tweaked my campaigns and removed some non-performing ads and keywords. And for the day I got 5 signups and a commission of $199.5. Wow, that was good. I was happy, I knew I have hit the jackpot. So, I tweaked my campaigns little bit more and increased my budget.

So overall in 5 days, I had spent around $800 and received commission of around $1600+ with Instant Degrees. After reducing the one time cost of the domain/hosting and sales letter on landing page, and also, after adding $50 free credit I got, it is clear profit of $500 in 5 days.

Overall, I spent one hour on the first day and around 20 minutes for next 2 days to optimize my campaigns. Thats it. Now its on auto-pilot. I am expecting to make $100 to $150 per day with it. Lets see how it goes, I will update the post later as well to report my earnings on it.

I used to same technique at Yahoo Search Marketing as well. There also I earned some money, which is not included in this $500. You can also get $100 free with yahoo search marketing. I have a post here about getting $100 free with them.
So, is it that easy to earn? Well, may be yes, may be no. There are few things you need to remember.

First of all, you need to research quite aggressively to find the right niche with high demand and less competition on Adwords. Find the right affiliate to advertise. I used instant degrees and you can use them as well.

Put some time on keyword research and find some good long tail keywords to bid on. Those long tail keywords converts quite well.

Create a very good landing page. This is the most important and difficult task to be done. So hire a very good sale copyrighter for this task. When I was creating the page for “Instant Degrees”, I had some different kind of challenges. This program looks too good to be true. The first impression the person gets is how in this world you can get a degree without studying. So I had following tasks on my landing page to be performed:
Explain the visitor what it is about and how exactly it works.

Convince the visitor that this is actually legitimate, as it is a career matter.

Provide some proof and also some good testimonials.

I hired a guy and he did quite good job for me. So remember, to be successful in this program, you need to create a very good landing page, research some good long tail keywords and thats it.

So I hope you also get good results on such campaigns. Do post your results here.

Tuesday, October 20, 2009

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Friday, October 9, 2009

Information Product Creation - How to Make a Fortune Selling a $37 Ebook

Many online business owners don't understand why so many people are making a fortune online with information product creation. After all, selling 100 copies of an $37 ebook will only bring in $3700 profit. After paying commissions and expenses, the total profit is around $1,500. However this is not the full story. The selling does not stop there.

Here are 5 ways how you can make a lot of money by just selling a $37 ebook.

1. Resale rights

After the customers make payment, you can direct them to a page which offers a chance to purchase resale rights to the ebook. You can charge an extra $30 for these rights. Your customers can then sell this ebook and get 100% of the profits. However, the content of the ebook is the same. It still has links to your website - readers will still visit your website to read more information about the owner.

By offering resale rights in the back-end, your $37 ebook is now a $67 ebook. Plus you are getting more people to sell the ebook for you. While you won't receive any money for their sales, you will be getting visitors to your website to check out your other products and sign up to your email list.

2. Upgrades

When you have new customer, offer them upgrades to the ebook they purchased. These upgrades can be videos teaching the customers how to apply the information in your ebook. Videos are perceived as having a higher value so you can charge more than double the amount of your ebook. If you charge $67 for the training videos, each new customer can potentially give you over $100 in sales.

You can also do premium upgrades such as offering coaching to your customers. For personal one to one coaching on the phone/email, you can charge $297 per hour. The ideas for upgrades are endless. You can offer them physical copies of the ebook, recorded interviews with experts, workbooks and part 2 of the ebook. Upgrades can increase your profits 10 times, easily.

3. Continuity program

With the purchase of your ebook, the customer can be automatically added to your continuity membership for 30 days, free of charge. If the content of the membership is good, the customer would stay on and pay you a regular fee each month. Depending on how much you charge for the membership, the customer could spend hundreds of dollars on your business.

4. Becoming an expert

Here is an intangible benefit of making money selling cheap ebooks. If the information you provide is good, you will quickly become an authority in your niche by word of mouth. Once you become an authority, you can sell products from other people by being their affiliate and also more products of your own. The more well-known you are, the more sales you will make.

5. Partnering with other people

You can partner with other business owners to grow your business with your ebook. For example, ask other business owners if they can provide bonuses to your customers. These bonuses will benefit the business owner because the customer will visit their website and maybe sign up to their list. It's free exposure for them.

You can also offer an affiliate link for the business owner to promote your ebook. They will promote your offer, since it contains their bonuses and they can make some extra cash. With bonuses added on to your ebook, people have more reasons to buy from you. You will get extra sales from other business owners promoting your ebook.

Finally, by selling a good ebook and by collecting a list of customers and subscribers, you will have many people who you can contact on demand. The next time you launch another ebook, you can email to this list of people and profit 100%. No need to pay commissions.

Using these 5 strategies, you can make a fortune selling an ebook even for free. The reason is because the real money is made in the back-end. You need to sell more to your customers. So if you have an idea to create an information product, don't worry about how much you can sell it for. Think about what you can sell in the back-end. This is the secret to making a fortune with information product creation.

Download the report How To Build An Information Products Business at create information products. For videos and articles on marketing your business online, visit http://www.eliteghostwriters.com/blog - Alan Cheng, CEO of Elite Ghostwriters.

Article Source: http://EzineArticles.com/?expert=Alan_Cheng