I have been a clickbank affiliate for 2 years but meeting Clickbank’s 5 sales and different payment methods rules took a while, I was passively selling products via banners on some of my sites.
In January 2008, I stepped up a gear and created a site to specifically promote Clickbank products, this was a site with reviews of Paid Survey programs. I made a few erratic sales and pretty much spent as much as I earned on Adwords! I realised that the affiliate commissions per sale were not enough to cover the cost of clicks and the conversion rate. ie. if a product was converting 1 in 100 hops and the commission was $23.50, I would make a profit if my clicks costed less than $0.23
Then I stumbled across a new niche which, in general, pays much higher commissions and therefore there was more room for error and higher profits. That niche was Forex.
I was able to obtain a very good keyword based domain which I could use to review Forex products in the same way that I did with Paid Surveys. Within days I was indexed by Google and thanks to a few hundred backlinks the site was ranking top 5 for the keywords in the domain.
The Eureka Moment was on Monday 21st July 2008 when I logged into Clickbank to see this picture….
- Eureka Moment
You can see the sporadic sales of Paid Surveys up to this weekend and then BANG – $210 in three days. From organic traffic alone, no PPC at this point.
This Forex stuff really does sell and with big commissions. From that point on I could focus on a niche which I knew would make me money, I literally had no idea how much I would make over the next six weeks. I started to think about how to spend the money and we decided to book a holiday to Portugal next year!
The next two pay periods saw 57 sales and just short of $3000 in commission! I will save that image for another day. That’s enough rambling for now. Good Luck all.
James
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[...] a follow on to “The Eureka Moment” post I made in September I wanted to share with you this great image showing my August Earnings. [...]