promoting forex products -after 2 months $0 profit

Is anyone actually making some money from Forex products? (via clickbank)? I have got 15 solid reviews (a nice selection - nothing flashy or looking cheap) - and still have $0 sales. After 2 months! I think if I was able to gain Masters in Economics, I can do something so simple as selling products online. I do not want to get discouraged. - Please help!

 

How are you promoting them?

 

1.writing reviews: what it does + rating + pic of the products.
2. Articles on forex/trading
3. Subscription to online finance directories (3 so far) - I am looking for free of charge subscription
4. links to other forex related sites -leaving comments

I guess a certain amount of creativity is needed at this stage. I have realized I am not promoting the products !

 

forex products have high refund and high price for this reason nobody buy them owing to high price.

 

Forex products are crap. They don't work. Period.

 

Have you test trialed them before you sell them? Can you really recommend them? Might help!

 

try forum marketing. Join some related forums and be as helpful as you can. leave a sig to your site with a title like Find out The Top Forex Robot On The Market That Makes Me Money While I Sleep.. or something like that.. Don't spam the forums with links but be as prefessional as possible.
Are you submiting your articles to article directories?
Are your keywords to competitive? Have you researched the wrong keywords?

Dont give up, keep at it and when you make your first sale I hope many more follow.

 

The only way to successfully promote a product is to tell your reader how it has been useful to you ( in the landing page) and what it can do for them( in the articles redirecting them to your landing page).
Period.
Refund rate will be higher if it does not fulfill the promise.
I think you are not getting targeted traffic. That is why there is zero conversion.

 

I never promoted forex products (even though i used to work as a programmer for a long time in such a company)
but as i understand it the BIG GUN affiliates have big and very targeted mailing lists.
In addition many of the Forex vendors are very well connected to each others
and bombard each other's mailing lists when a new product launches.
i think this is where most of the gravity comes from (especially the sales spike typical to the begning of a forex products life).
Attempting to PPC forex products is very difficult due to EXTREMELY high pay per click prices. some major forex keyword go for 14$ a click on google last time i checked.

I think NCMEDIA , a well known member of this forum has many forex products on his nichechoopers, maybe he is the right person to ask.

Anyway good luck.

 

^ Thanks Darkeralice,

I got out of the FX niche 100% (again), sold off all my sites as a vendor and have consulted a few of the heavier launches since but I'm out for now. OP it's not about how many properties you build, it still comes down to getting your minimum 100-200 targeted hops a day to your vendors page. If you build 25 forex websites it doesn't mean you'll have any more or less success than building one. You need to get traffic, period. "Yeah but I build all these 2.0 sites and did all this bum marketing and wrote articles and and"...

^ Tough luck kiddo, they weren't intriguing enough, your lander might suck, your pitch approach might be weak, you might be an absolute newb to forex and aren't convincing anyone or may even be discrediting yourself trying to educate/pre-sell forex pros with wack pitches, OR - more than likely, you're just not getting nearly enough hops to any offers (even getting 10 hops a day for 10 days doesn't really mean you got 100 hops, you can do that for a few years and only make a few sales, it's not valid conversion data..).

Your list is your biggest meal ticket as stated, for both you the aff, and for the vendors. You're probably allocating a LOT of resources to ONE offer, that is probably by now rather old, and 5-10 new products have launched since. You're promoting an old program while all the fresh offers are being monetized by previous big list owners and first aff's in the serps/great pitches/comparisons/existing traffic to forward/landers to forward/review sites to add to...

Gotta make sure you're upfront and aware of all the launches, and you gotta build your list to accomodate the next 10 coming up...

Other than that, it's all the same shite - and there's only about 3 big groups of big list owners in this niche, 3-4 of the biggest that rarely blast for anyone else, a group of 15 or so that are mostly UK based that pass the hat well launch to launch, and a ton of WAFO/DP/OTHER marketing community bigtime AFF's that have been building lists for years - you have a lot to compete with and because of the crazy payouts it attracts the most sophisticated, most blackhat, most shady, and most naive marketers all at once.

I can go on, but will stop here, getting angry just thinking about all the shit I went through in this niche as a vendor. You're safer in the bronx at 3am with a rolex on.

.02.

 

thanx for the heads up NCMedia.
I have heard this a lot lately, kinda sounds like the porn industry in away.

 

I think it's worse than the porn industry.

If you buy porn, you know what you're getting will work. You wont make any money trading currency, but you will get off. If you buy a forex product, you still wont make any money...and you wont get off either.

 

lmfao ,good point

 

As NCmedia pointed out... you might even have the best landing page in the world, but if it doesn't get any traffic, how can it possibly generate sales?

If you want to get out of this slump you're at:

1) for the time being don't fret over the quality of those reviews you have out there (unless they're really awful). You can always go back and fine-tune the writing, after you have some targeted traffic coursing through it.

2) locate the three landing pages which are closer to getting some organic traffic, meaning they're ranking as close to the top 10 results as possible. make sure they're ranking for keywords that actually get some traffic, even if it's just 100 people per month that's a start.

3) focus on building links to the three landing pages you chose on the previous step; remember, 90% of internauts don't go past the top 10 results, so that's where you want to be. Keep building relevant links and keep an eye on those rankings to see how they change as you do so.

4) targeted traffic going through your landing pages = profit. Then it's the time to go back and fine-tune landing page to optimize conversions.




PS - You mentioned you're knowledgeable about Economics, but this may actually work against you.

If the content you're producing seems excessively technical, it won't appeal to the kind of people who buy Forex products... because those people most certainly don't know much about the subject.

The typical customer profile for this niche is most likely aspiring and novice investors who are looking for tricks to earn fast cash. As such, you should indeed use your knowledge to draw the interest and attention of your visitors and come across as an authority.... that is appropriate but not sufficient;but if you want to close the circle and get them to feel desire and take action (purchase) you have to go down to their level and make them feel as though the product you're selling them will give them what they want. You have to reassure them they don't need a lot of technical insight to earn money using these Forex tools, because they're aimed at people just like them.

 

Very valuable information! As someone who is too, promoting forex products, I am confident that there is a size-able market out there for it, and that it is indeed growing. As such, like you said, I think it's a matter of finding that target audience, and that's something im working on