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Old 09-18-2011, 03:31 AM   #1
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Default Money Making for Newbies!

Hello Dear Warriors

This is an email document that I regularly send to my subscribers so that they remain focused and directed towards making a fortune. Since we all the know that the first step towards making consistent money online is through the following steps:

a) Discipline
b) Smart Work (Not Hard Work)
c) Extreme Focus on one aspect of IM.


The Make Money Online Business

There are 1000s of ways in which you can make money online. I could probably not even list them all - but that would over-complicate things.

I like to keep things simple. So broadly, they can be split in two ways:
  • affiliate marketing – generating leads for or selling someone else' product or service
  • 'e-commerce' – selling your own product or service, often through affiliates

At the end of the day, the way money is made comes down to the same basic formula:

business value = traffic * conversion * life time customer value


Getting visitors/traffic

You can have the best deal on the planet, but if you dont put it in front of the right customer you will not last long.

Like everything in this business, there are many many different ways in which you can get traffic.

All require some level of investment - either in time or money, but often both.

The most common ways of getting visitors/traffic are:
  • Organic traffic from search engines (SEO) by getting your site to rank high for your target keywords
  • Viral & referral traffic from social media, video, bookmarking and article marketing sites
  • Search engine advertising (like google adwords)
  • Social media advertising (like facebook)
  • Website advertising networks (like google content network, banner exchanges, etc)
  • Adware based advertising (like CPV/PPV)

There isnt a day in the week that I dont find out about a new traffic source.


CPA Marketing

With CPA, you as an affiliate, you get paid for generating leads.

The company buying the leads from you are prepared to pay an amount because they understand the life time value of their customers and have a good conversion & optin process.

CPA Networks

Because the CPA business is very complex and fragmented (lots of individual affiliates, lots of companies looking for leads) CPA networks act as aggregators or brokers.

They basically act as an intermediary between affiliates (know as publishers) and organisations looking for leads (advertisers).

There are 100s of CPA networks.

Focus

The key to success in this game is focus and persistence.
There are several approaches you can take:
  1. Vistor focussed – you understand a certain demographic and acquire customers where ever you can find them. You have deep insight in their wants, needs, desires and fears and can 'sell' a range of products and services to them that offer solutions.
  2. Traffic source focussed – you are a specialist at a specific traffic source / method (facebook, seo, etc) and know this source inside out. You can acquire the right customers for the lowest cost per lead and have solid understanding of the type of customers that can be targeted with this traffic source.
  3. Market focussed – you are a specialist at a certain type of market/offer (weight loss, dating). You know the problems this product solves, you have a clear view on the benefits and solutions the customers are looking for.

In reality, most affiliates do a combination of the above.

My recommendation, especially when your starting out, is to choose one traffic source and one market and stick with it until you know everything there is to know.

Know your metrics & monitor your ROI

The last important point to make in this general overview is that as an affiliate marketer you need to closely understand and monitor the link between your investment (time/money) and the return this generates.

The only way to not loose your shirt & create a sustainable business it to continuously monitor, test and optimize new campaigns.

Every single day!

Yes you might get lucky and launch a campaign that is immediately profitable. But it is rare and if your just starting out, it will be pure luck. However, this may not happen drastically if you have a mentor or a good coach.

Over time though, you will start to develop your natural instinct.

This instinct will help you to reduce the number of failed campaigns and increase the speed at which campaigns become profitable.

But

Please remember this critical fact.


Success in this business is about testing lots of things quickly and then scaling the stuff that works!

To our ever growing success,
Hana

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Old 09-18-2011, 04:10 AM   #2
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Default Re: Money Making for Newbies!

This may sound basic, but it is so insightful. It will make me go back to the drawing board for my strategies because the week ending today has been so slow for me in terms of generating money. I like what you've pointed out, it's about working smart, not hard.

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Old 09-18-2011, 04:37 AM   #3
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Default Re: Money Making for Newbies!

Wow nice thread, this should really help the newbies here
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Old 09-18-2011, 04:59 AM   #4
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Default Re: Money Making for Newbies!

Hi,
great system to do
thanks i will think about that
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Old 09-18-2011, 05:31 AM   #5
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Default Re: Money Making for Newbies!

Hi,
You making money with Facebook + CPA ?

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Old 09-18-2011, 05:59 AM   #6
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Default Re: Money Making for Newbies!

Hey

This post is great and incredibly helpful...thanks. Are there any specific resources you use or companies that provide these services?
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Old 09-18-2011, 06:50 AM   #7
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Default Re: Money Making for Newbies!

Hi
Yes I have actually been testing 3 completely different forms of marketing related to CPA and I was amazed to see the results. It requires only one FB account and under 300 friends. I mean the possibilities are endless.
I suppose the only thing one should do is to take action and keep tweaking and scaling I suppose.
Wish you all have a great Sunday making loads of $$$

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Old 09-18-2011, 07:17 AM   #8
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Default Re: Money Making for Newbies!

Please pm your method

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Old 09-18-2011, 07:35 AM   #9
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Default Re: Money Making for Newbies!

Hey Hsk,

Great to see you back and a great inspirational to us all. I am guilty of not focusing and taking action so having these great threads helps me. I hope your first CPA was a success.

Can you tell us what this next one will be about? I'm on your list already.

Thanks
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Old 09-18-2011, 07:41 AM   #10
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Default Re: Money Making for Newbies!

Hi Ross
Thank you and yeah my first WSO was a great success
This time around, this will be my last WSO because I dont think after following my upcoming WSO anyone would need to look any further. I mean it is working out brilliantly. Not to mention software usage which would be free

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Old 09-18-2011, 11:37 AM   #11
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Default Re: Money Making for Newbies!

Great post for newbies!

High Qualiy Blog Posts! 100% Unique Content.
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Old 09-21-2011, 06:51 PM   #12
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Default Re: Money Making for Newbies!

Hana,
Your story here is an inspiration to us all! Thank you so very much for your help and patience with a newbie!! I hope to learn all I can, and with your teaching the sky's the limit! You are headed for greatness beyond what you've already accomplished, of this I am positive! Keep up the great work, and I can't wait for the "Big Launch"!
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Old 09-21-2011, 07:29 PM   #13
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Default Re: Money Making for Newbies!

Decent introductory, will be good for complete newbies

I'm Living MY DREAM Thanks to AFF PLAYBOOK! You Can Too!



Or Jump on the IM GRIND!
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Old 09-21-2011, 07:48 PM   #14
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Default Re: Money Making for Newbies!

awesome thread. Very informative. This must off taken you some time. Great effort.

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Old 09-22-2011, 02:54 AM   #15
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Default Re: Money Making for Newbies!

haha back to basics, nice post!

Are You Serious About Affiliate Marketing?

If You Are SICK of Being Stuck in the Affiliate Rat Race, CLICK HERE
By Professional Marketers. For Professional Marketers.
Quote:
Got this product All I can say is WOW
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Old 09-26-2011, 10:48 AM   #16
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Default Re: Money Making for Newbies!

hey there Hana, where can i subscribe to your newsletters, etc..?

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Old 09-26-2011, 11:20 AM   #17
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Default Re: Money Making for Newbies!

Great post. Very blessed by it. Thanks for sharing

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Old 09-26-2011, 11:44 AM   #18
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Default Re: Money Making for Newbies!

Excellent information, as usual.

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Old 09-26-2011, 01:42 PM   #19
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Default Re: Money Making for Newbies!

Love the post. Good info.

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Old 09-26-2011, 01:47 PM   #20
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Sounds quite interesting, gives me something to think about
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