18 replies
Hello.

What can you advice me... I want to make around $10 per day with my website.
I launched an unsuccessful forex blog and spent all my money on it and it lost maybe because of high competition.

Now I want to ask you what shall I do next?
Maybe running a new low competition blog? If yes, shall I promote any product through it or just adsense? (I want only Adsense). If yes, which type of traffic to run?

What about eshop? What can you advice me guys?

Running an eShop or blog...

  • Profile picture of the author SapirVelis
    Originally Posted by askamnet View Post

    Hello.

    What can you advice me... I want to make around $10 per day with my website.
    I launched an unsuccessful forex blog and spent all my money on it and it lost maybe because of high competition.

    Now I want to ask you what shall I do next?
    Maybe running a new low competition blog? If yes, shall I promote any product through it or just adsense? (I want only Adsense). If yes, which type of traffic to run?

    What about eshop? What can you advice me guys?

    Running an eShop or blog...

    Your question is so wide... It really depens on what are your abilities and what is interesting for your to do.
    Can you write? start writing about something you have knowledge in and after getting traffic start thinking about offers to run...

    good luck!
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  • Profile picture of the author yourfriend78640
    First of all, Blogging is the toughest way of earning money online. You can earn 10$ per day easily using other methods. But in case of Blogging, first you will have to build some traffic and then monetize it.

    Q) What is the best way of earning money from your Blog/Website?
    Answer: According to expert bloggers, Affiliate Marketing is the best way to earn money from your blog and it gets twice as good when you are selling your own product. Hope you know what Affiliate Marketing is.

    Talking about adsense, they are not reliable. One mistake and they will close your account. So you cannot depend on them.

    You did not provide the url of your website. But here is a thing, if you write on limited topics. You will be able to target specific audience easily. While if you write on too general and various topics such as Fashion, Health, Movies, Technology then you will never be able to build a stable stream of web traffic.

    In a nutshell, traffic is key to earning money from your Blog. No matter what monetization method you use, if you don't get enough traffic. Everything will go in vain.

    Feel free to ask if you have any question of need help
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  • Profile picture of the author Emmanuel Sopitan
    That is true. Affiliate marketing is your best way out.


    You can sign up to promote CPA offers. Have a look at Jvzoo,MoreNiche, Markethealth and offervaults
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    • Profile picture of the author Steve B
      I have a contrasting view to the advice you've been given so far.

      First of all, I don't think it's smart to start a business by choosing a monetization model first. That choice is dictated by the topic your have chosen and should only come after you have settled on a market and niche.

      Focus on the topic, subject, or niche that you will be addressing before you choose how you're going to bring in earnings. You should be doing market research into current marketplace demand. Who are your going to serve? What is that audience seeking? What kind of product or service can you offer them that they truly want?

      Once you establish the topic of your business, how you're going to reach your prospects, and what you're going to offer them . . . then you will be in a position to determine if you want to sell other people's products (affiliate marketing), create your own product, or offer a service. How you make money is dictated by the position of your business and what you can offer.

      As you choose a topic or subject of your business, inventory your life and see if you have expertise, previous training, education, or particular knowledge that will help you to quickly become an authority in the topic. It helps if you enjoy the subject and can offer personal experience in it.

      That's the place to start . . . not with the business model.

      The best to you,

      Steve
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      • Profile picture of the author Kay King
        I launched an unsuccessful forex blog
        You launched a blog telling people how to do something you don't know how to do.

        Your questions are all over the place - but if all you need is $10 a day I'd think you need to come up with a few gigs and go to Fiverr to sell them.
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        January was long, February was iffy, March was a freaking dumpster fire.
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        • Profile picture of the author DWaters
          Originally Posted by Kay King View Post

          You launched a blog telling people how to do something you don't know how to do.

          Your questions are all over the place - but if all you need is $10 a day I'd think you need to come up with a few gigs and go to Fiverr to sell them.
          Yes she is correct. No offense intended but if you knew enough about forex trading to run a good forex blog you would be a profession trader and doing very well.

          If it is not working for stop, re-assess your approach to online marketing. Design a business model that you feel confident in and expect to succeed with.
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      • Profile picture of the author Davebrab
        Steve B nailed it. His is the best response to your question. The simple fact is that you can not make any money without a target deomgraphic. You need to generate content and focus on SEO to build traffic. As others have stated, the more specific the content, the better the traffic quality. I have not seen your site or blog, but I assume that you require readers to register before they comment, Make sure that your registration page allows you to generate demographics information. When you have steady traffic and demographics information, use that to target products for sale. Do that by contacting affiliate networks. A couple were mentioned, but don't be afraid to branch out to smaller networks or programs. Do your homework before you join and ask questions. Look for a product that you feel would succeed on your site, then ask the network what the target audience is. Sometimes the target audience is not what you expected. In any case, the order needs to be content, SEO, traffic, monetization. There are no quick income streams in this business despite what is often advertised.
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  • Profile picture of the author winnermarketing
    lost all money into a blog?? no way.

    Make a step backwards: open a free blog: use blogger by google and place affiliate links. Sell affiliate products (or make your own products) and place ads code like AdSense.

    All these for free
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  • Profile picture of the author cherrytom
    I think the answer to your problem is simple, but please don't dismiss it because of that. You need a mentor --- someone to tell you what to do and show you how to do it. There are mentors in every niche and while most will charge you for their services, what you pay will be peanuts compared to what you could make through following their advice. Good luck and . . . keep smiling!
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    • Profile picture of the author igorGriffiths
      Rather than give up on your forex blog.

      What are you doing wrong that the other blogs are getting right? What are they promoting what are they discussing and where else are they actively promoting forex.

      Rather than throw the towel in and move to another niche where you will face the same challenges, try to make it work by reverse engineering their success, or as others have said, find a forex mentor and do not stray from what they say to do.
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  • Profile picture of the author Mark Singletary
    My advice is to STOP doing what you are doing. You've spent a lot of money and everything has failed. That is the best advice I can give you in answer to your request for help. It may sting a little but I think it's the truth.

    You need to find out why you are failing and fix it before you take one more step.

    There are only two reasons:

    1. You are the problem. You aren't following the right advice in the right way at the right time. You are jumping from one thing to another such as starting a WSO and then doing this and doing that for a couple months then looking for something else that will really work this time. You haven't put in the time and effort to learn how to market. You have expectations that are at odds with real life. Etc.

    2. You have had an incredible amount of bad luck. Every WSO or thread you've read has been wrong put out by fraudsters out to enrich themselves and hurt others in the process.

    It's only one of the two.

    Here I'll make it easy for you. The answer is #1. Your new low competition blog will fail until you fix you. Your new eshop will fail until you fix you. You will keep throwing good money after bad and keep coming back wanting more help because the last thing didn't work out until you fix you.

    Fix you and what you are doing and you have a chance. Of course, you may still fail but you are absolutely guaranteed of it if you keep going down the road you are going down now.

    Mark

    PS I've read some of your posts which is how I came to my conclusion. I don't "bash" people without facts and without trying to give the benefit of the doubt and without trying to be fair.

    For example, in one thread you said you didn't want to go to the trouble of creating a list because all you wanted was sales and you wouldn't use a list. This is just one example of a big YOU problem. You don't understand why it's important. You wrote off the advice of the people you were asking advice from. You didn't do it. You didn't even try it. You failed.

    There are more examples. For example, most people that have more than 4 sales of their WSO have affiliates helping them but you admitted you didn't know how to get them and apparently didn't try to get them. You failed.

    You started a WSO only to find out your country doesn't accept PayPal. How could you miss that and only discover it after the fact? Then you borrowed someone's account (big no no) so you could rake in all your money. You failed because you didn't diligently even try to figure it all out before you said go!

    Could go on but hopefully you get the picture.

    This is offered in an attempt to help not hurt. I hope you don't take offense but I can only control what I can control and this is my best advice - fix yourself and how you are doing things or you will continue to fail.
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  • Profile picture of the author camnettcontent
    $10 a day isn't very much. You can get to that level fairly quickly using affiliate marketing or by selling a service. Sit down and think about what you can do well and how you can translate that into an income earner. You can offer the service on Fiverr and if you sell 2-3 gigs a day you'll make your goal.

    You could also find a product on Clickbank that pays at least $10 per sales, set up a sales funnel, drive traffic to it and optimize it until you get the 1 sale or more each day to make your goal.

    For now it sounds like you're just stabbing in the dark and not getting anywhere fast.

    For a goal of $10/day your best bet is to learn the basics of internet marketing by reading more advice on this forum or looking at a quality free resource like "Make Your Content Presell" from the folks at Site Sell. Google it.
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  • Profile picture of the author LesterRussell
    How long have you actually spent on managing the blog? Blogs take a good amount of time to actually grow and accumulate sufficient content to keep readers engaged and coming back for more information.

    Stiff competition could have been one of the factors causing you to experience difficulty but the level of content for your site is also questionable. Are your posts based on insider views or have you just written based on information that is repeatedly available on a thousand other websites?

    If you really feel forex blogging is too tough, there are other niches out there you can explore. But my advise to you for your next step is, once you have chosen something, stick to it until you see your desired results.
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  • Profile picture of the author EPoltrack77
    Competition is a good thing. The more of it the better. Even the work from home market. You just rise above it and its not as hard as one might think.

    Everybody or I should say that and this is to just put it blunt and like 95% of marketers today are just in it to make a buck and think that making money online is like some fairy tail or magic solution.

    I would suggest picking a market and niche/subniche that is huge in demand and that means you are going to have insane competition but don't let that scare you. Let it excite you something that you are passionate and even have good, experienced content you can share yourself.

    I would personally create myself a landing page sharing my value and experience separating myself from the majority in what ever market and niche you want to help out in and work on building myself a list of subscribers. These are people who become prospects that you can stay in contact with building that like, know and trust factor that will skyrocket your conversions from like again the majority of markets are getting like 2% MAX on conversions. Take this other approach I just talked about and easily jump to 20% plus.
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  • Profile picture of the author yogibeezy
    You success if getting started. Learn from the past and keep on trying or testing till you find an answers to your questions.
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  • Profile picture of the author armaniaryanna
    Originally Posted by askamnet View Post

    Hello.
    What can you advice me... I want to make around $10 per day with my website.
    I launched an unsuccessful forex blog and spent all my money on it and it lost maybe because of high competition.
    Now I want to ask you what shall I do next?
    Maybe running a new low competition blog? If yes, shall I promote any product through it or just adsense? (I want only Adsense). If yes, which type of traffic to run? What about eshop? What can you advice me guys?
    Running an eShop or blog...
    I think you should do FOREX AFFILIATE programing. I know Forex has many kinds of AFFILIATE Option. You can choose all of these option. Such as 1. You will get $100, if one trader successfully trade by depositing $100 by using your referral id. Here the amount may differ on the depositing amount. 2. You will get a commission on per trade, you can get this commission, even the trader will loss.

    Even you can do the Adsense.
    Try one more time. Best of luck.
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    • Profile picture of the author Marian
      Find your expertize and build an authority blog. There's a ton of information already posted in forum.

      You have to build your list right from the start, then you can monetize it.

      Marian
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  • Profile picture of the author Azlan.MY
    I don't think you should switch your business model anyway. If you already have a fx blog, you should focus on it for at least 6 months. Yes, depending on your keywords and competition, you need to keep posting until 6 months. Don't focus just on Google traffic. Try forum marketing as well. There are tons of fx forum all over the net, but my favorite is babypips forum.
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