In an earlier post I mentioned that I had made a bit of extra money selling off a number of websites Domaining By Accident, one of them being a site promoting a Franking Machine Offer that pays £50 (at the time of that post about $100).
After I sold the original site I bought another (even better) domain and put exactly the same content up on. This time I promoted http://freefrankingmachine.com with Adwords. As it is such a good payout for CPA there is a lot of competition, but I have never bid top dollar.
This week I had my first sale, which cost me just £3.79. That was from 26 clicks. It has taken three months, so now that I know it converts I can increase my CPC and try and bring in more traffic.
I am certainly happy with the profit margin and there is room for more spend on clicks.
This offer I found on tradedoubler.co.uk which has a lot of good (well known brand) offers.
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I have only recently discovered the importance of Analytics, not only Google Analytics but any sort of statistics from Clickbank Analytics to Google Adwords stats to Google Webmaster Tools.
The most useful thing you can do with Clickbank Analytics is to add TIDs or Tracking ID to a hoplink in the form of affID.pubID.hop.clickbank.net/?tid=TRACKING where “TRACKING” can be anything you want up to 8 characters. This code will track the click to the specific link. So for example I would use http://myaffID.siliconfx.clickbank.net/?tid=SILADWDS on links from a landing page I have set up to receive Adwords Traffic for the product SILICON FOREX. Then I would know how many of the visitors to that landing page clicked on the hoplink, I can then tweek the landing page to improve the Clickthrough Rate or CTR. I can also see if that type of traffic converts at the Clickbank end.
I use Adwords not only for getting good targetted traffic, but also for realtime keyword data. Google Adwords is packed full of stats from how many times a keyword is searched to how many times your different ad variations are clicked and so on. You can use the keyword stats to compile a list of long tail keywords to focus on for SEO and generic traffic.
I have registered all of my sites with Google Webmaster Tools which is the only reliable way to find out when Google Robots have visited your sites and what they see. It is also the only accurate record of the backlinks which Google has found and considers to be of value. In addition to this you can also find out where your site is ranking for certain keywords and what keywords have resulted in visitors to your site. You will need to add a verification tag to your website to get these stats. This leads on to my most recent discovery.
I had tried to add Google Analytics to one of my sites before, but somehow failed. Since I started this blog and moved it to my own hosting from Wordpress.com I decided to try and add the script here. I have seen some great growth via my hosting company stats, but Google Analytics has told me so much more about my visitors, where you come from, what keywords brought you here, what country you’re from, how long you stay on the site, which links you click on while you are here. The stats are just mind blowing and very useful. I have now rolled it out across several of my sites to help me to increase my traffic, keyword focus, CTR and ultimately ROI. What’s more it links with Adwords to increase my understanding further of what works.
Just a quick word of warning – don’t spend more time studying the Analytics than you do actually making money, this stuff is seriously addictive!
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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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