What are some tips? I think I got a little too greedy. My first day I spent $25 on adwords to test it out and I received 4 sales @ around $25 comm each. so that was a tremendous roi. then i got a little greedy and upped the adword spend limit to $100... received only 1 sale. since then i have received couple of more sales but spent over $200 more on adwords.. so im at a loss now :\ whats the tip to finding the best product? i have an adwords budget of about $5000/month not sure if its enough to give me a decent side income. i also figured i should just have a website with bunch of products listed.. anyways any help is appreciated. thanks
wow you are cool, that you setup with first time... but you should try to figure out them, when and which time you get orders . its i think trial and learn basis.. if anyone know good step .. then i will appreciate also.
yeah i did not change anything on the advertisement, ads, etc.. just increased my spending limit to $100/day
$5,000/month? Holy side income, batman! My guess is you could do incredibly well with even 1/10 of that. Heck, many marketers get their start for free. The problem here is obviously not that your budget isn't big enough (heh), but rather that you need to learn how to market effectively. You won't always necessarily make sales in proportion to the amount you spend. It would be nice to find a magic formula that always gives you 200% ROI, no matter how much you put in, but that just isn't possible in a single area - or at least, to some extent. So, I'd recommend starting with some of the basics. Cool that you got a few sales, but to reliably continue getting sales without overspending yourself, you'll need to learn a bit more about niche markets, how adwords works, how to write a good and effective ad copy, landing page copy... how to target your audience, and other things. Making money in Clickbank can be fast and easy - if you know the basics of what to do.. and what not to do. I wouldn't recommend just throwing up a website with a bunch of products listed unless they're all products that correspond to one specific niche. People who are interesting in purchasing your products generally won't just browse to your site and find something that suits them. They'll either come there to purchase because you've targetted them, or they'll come and never buy. Ultimately, it's not about picking the magic niche that you can sell products in as much as it is learning how to sell products in general - and learning how & what your audience wants. -T
There you go..Telmari has given you some good ideas. You need to learn how the adwords work, you should know how to go about the market research, and most important thing keep testing. You will fail few times but you will also find a winner. Once you find a winner, duplicate, duplicate.
I agree, you must learn the basics, Success comes from growing yourself and your knowledge. There is a lot to learn about AdWords, niche market research, product selection, keyword research, per-sell copy, optimizing your landing page for AdWords quality score, auto-responders (if you are going to have a landing page then you should be building a list, highly recommended). All this needs to have a Logical story through the whole sales funnel, from the keyword that the potential customer has typed in, to AdWords ad, to pre-sell copy, to affiliate vendors sale page copy. If the story in the sales funnel does not make sense at any stage, you will lose the prospective customer. It is not that hard just keep reading and trying, if you really want to succeed, you will.
Wow, 4 sales, and you don't know what you're doing yet, thats impressive. Just keep learning, and if you lose some money, its just going to happen, until you know exactly what you're doing.
Wow, you did pretty much what I did .. except much sooner. I don't blame you though. You smelled the scent and wanted to attack with full force! What sucks is that market fluctuations (buyer interest, ad placement, ad positioning, etc) often affect your daily sales and what makes you 5 sales one day might make you 0 the next, or 10! I'm at a loss of about $650 now, but I'm on my way back up into the green because I decided that what matters is the longterm and my average. I know if I can AVERAGE sales of at least $40/day and spend less than $20/day, I'm on the right track. Then I'll jump up to $80/day and spend $40, but the point is being cold and calculated. Emotions get you in trouble in a business like this. My advice to you is to test multiple products over a set amount of time. Literally set goals! Say, this week I will start 5 campaigns and spend X amount on them and if I make Y, great, continue; otherwise, if I make Z, I need to re-evaluate and re-group. This will help you find products that work consistently for you and you won't end up killing yourself -- or your pocketbook -- in the end. Picking niches is difficult but .. just spend a good hour just browsing through all the ClickBank categories and see what jumps out at you that you haven't seen lately. That's exactly what I do and I have about 5 working products right now that bring me sales fairly consistently. Hope that helps! -Scott
A lot of excellent advices here. Just be sure to track your keywords. I've just find an interesting article, it may help you. From Day Job Killer master: http://www.associateprograms.com/articles/547/1/To-succeed-with-AdWords-think-differently Be sure to read scottmweaver article as well.