The Spanish gold rush?

by teddy67

Posted: 14 years ago 14 replies

PRODUCT REVIEWS

Has anybody seen this new product called the spanish gold rush? It is a recently released product that explains how there is a wide open market in the spanish language.

The sales page preaches how you can use the google adwords search network for spanish markets and consistently get clicks for 2-5 cents in even the biggest markets that you find in the english language. They say it was what google adwords was 7-8 years ago in the spanish market right now.

All right this sounds too much like a sales page now. I basically want to know if anyone has bought and tested the product. It is very expensive but sounds promising. (spanishgoldrush.com)

#gold #google adwords #internet marketing #rush #spanish

CyberAngel

14 years ago

I´m spanish, and going to tell you the truth...

There´s more money in English maket. The Engilsh advertisers pay more than Spanish market, why? Because Spanish people don´t use to by trough the internet. Has less money and lower salaries. And the people struggle with the basics, before thinking on buying online. Of course is a market wich is growing, but I wouldn´t recommend enter to the spanish market, looking for a gold mine. No way!

If you can´t see google ads in a spanish keyword, is because is not profitable. Period.

Lots of spanish emarketers, has learnt from English gurus as myself. And almost all markets are saturated, the same than English. One opportunity that someone took too much time to create, is a clone of ezinearticles. There are articles sites now, but are not as popular as EZ in English.

I make a good living with my spanish sites. However, I started 7 years ago. The market is saturated now. And the same keywords in English, are ten times more profitable. So, I´m entering English market, and European next year.

Quite convincing sales letter! Prizes to the writer. But stop from loosing your time and money. Go for the English and European markets. More educated buyers to buy on the internet. And with better economies.

Actually is very easy to research the market. Find the best profitable keywords on your favorite market. Use a free tool like freetranslation.com to translate from English to Spanish. And then, enter to the google adwords tool to discover, whether the price for click is worth it. That´s it.

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teddy67 14 years ago

Thanks for the great reply. It is nice to hear from someone that was actually in the spanish market.
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Grapho

14 years ago

Originally Posted by CyberAngel

One opportunity that someone took too much time to create, is a clone of ezinearticles. There are articles sites now, but are not as popular as EZ in English.

Can't agree more. I'm from europe, and the quality of article sites is so poor it makes them almost useless.

The same holds true for directories. This is partially due to low adsense payout and the relative lack of affiliate programs in frech, italian, etc. (and Spain has experienced an amazing economic growth over the last years, so I guess it would be a good market as well).

What I can say is that local sites selling infoproducts in french and italian language do prosper. So there's a market. It's just not as organized as in US.

Thanks

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herrick 14 years ago

I was thinking the same thing that all I need was a good translator if I want to enter another market, It is a very good sales letter. Also alot of spanish people dont use credit cards which makes processing orders very difficult.
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- CyberAngel 14 years ago
  
  alot of spanish people dont use credit cards which makes processing orders very difficult.
  
  Most of Spanish people has credit cards. You receive everyday calls offering one. The problem, they´re not used to buy online. They´re afraid. But Spanish market is gowing, and more and more people is buying online. Don´t forget there are Spanish people in United States also.
  
  And with Spanish, I mean mainly from Latinamerica, and also from Spain.
  
  And I earn good money trough Adsense program, focused in Spanish people. Altough is a market wich is not as mature as Engish, you can make a living, sure.
  
  Thanks
  
  1 reply
  
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  RyanRingold 14 years ago
  
  This is an interesting discussion developing here about Spanish Gold Rush.
  
  It reminds me of a story of 2 shoe salesmen that were sent overseas to develop business in a remote city in a foreign country.
  
  There were tens of thousands of citizens in this new territory and the 2 salesmen were so excited upon arrival.
  
  After a couple weeks their boss called to check in and see how things were going.
  
  The first salesman was depressed and complained, "We cannot sell shoes here. I'm coming home. This is a total waste of time. Nobody even wears shoes here!"
  
  The boss called the second salesman and was quite surprised when the salesman exclaimed, "Thank you so much for this opportunity. This is incredible. I'm selling shoes like crazy. There is SO MUCH opportunity here! NOBODY has shoes YET! I need more shoes!"
  
  Spanish markets are wide open. They won't be in the future when everybody already has shoes.
  
  The biggest opportunities come to those that get in at the ground floor.
  
  Thanks
  
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bravo75

14 years ago

Are you talking about the Spanish market or the South American market? There is a big difference. A lot of South American countries are very far behind. Spain is very modern and European

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xavi63

14 years ago

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bravo75

14 years ago

Not sure what you mean xavi. Do you mean you have to approach the Spanish market from a complete different angle as opposed to just translating English offers into Spanish?

Originally Posted by xavi63

I agree with you Bravo. It's true that Spain always have been some steps or "few years" behind USA and english market in the internet field, but things are changing... Spanish people are starting to buy things, services, etc.. in internet. It's not a bad idea make a good marketing project and a product launch for the spanish market (even outside of spain). The first who can do it will have a very big piece of cake. A good translator is not the solution. Is not the same market in USA or in Spain.

Thanks

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Sleaklight 14 years ago

Spain is way ahead than Latin America monetary wise. Latin America is hard to profit from, people are poor, people are more distrusting than Americans or Europeans. In Spain there is much skepticism to buy online. There is a lot of public service announcements to be careful when buying online and what not so it's been engraved to be wary. I've promoted in Spain online and I get emails to tell them where they can buy said products at a local store, etc. Plus, the linguistics are very different for each Spanish speaking country. I'm a Mexican and I have a hard time reading Spanish from Spain and other countries other than Mexico.
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Steve Ranger 14 years ago

The costs per click are a lot lower. I know this
because I started testing the Spanish speaking
markets with AdWords a few days ago.

The main problem I'm having at the moment is
converting this cheap traffic.
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- CyberAngel 14 years ago
  
  Originally Posted by Steve Ranger
  
  The costs per click are a lot lower.
  
  The main problem I'm having at the moment is
  converting this cheap traffic.
  
  That´s the point. The traffic is cheap, because it converts cheap.
  
  I have good earnings from Adsense and free traffic from Search Engines. The pay per click is ridiculous, but because I have huge amounts of free traffic, then I make good money.
  
  But it took me years to create. Now the competition is fierce. Nothing to do with the belief "it´s a virgin marketing place". Remember that lots of spanish emarketers as me, learn from English, so we see the markets that convert well in English, an then mimic in Spanish. Of course if you find ways to spend a lot of money buying traffic, and then you still make a profit, great.
  
  The main point: I don´t recommend entering the Spanish market as secret goldmine. I don´t recommend to enter this market to a newbie. I feel envy from the tons of mature source exist in English to market any niche. Take advantage of them, an only then, tests foreign.
  
  Thanks
  
  1 reply
  
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  Raul Mellado 14 years ago
  
  Hello,
  
  I live in Spain too, and I'd like to add something: people here in Spanish don't perceive so much value in infoproducts, which makes it difficult to sell ebooks, courses, etc.
  
  We tend to think: 'hey, if I can't touch it, why should I pay for it!?'
  
  I've faced this problem myself, and it makes life a bit more difficult to affiliates, because whereas you can get a 50-60% commission on a clickbank product, you usualy get no more than 5-10% on physical product sales...
  
  That said, probably things will evolve and get better in the future, but right now probably the market is not mature enough (although there's a market!)
  
  Best regards from Spain to all wariors,
  
  Raul
  
  Thanks
  
  Signature
  The top WordPress Image Editor (with a few extra goodies) - JVZOO PoTD june 5th
  
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pearsonbrown 14 years ago

'I'm spanish and now I see that the spanish market works very well,'

You seem to be posting from the Dominican Republic.

Please explain.

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Jos Espo 13 years ago

So... Is there or isn't a Spanish Speaking Market?
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The Spanish gold rush?

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