5 things you REALLY need to start making money with CPA

30 replies
Most people who get started with CPA have the wrong idea about this business. People use to think that it's just a simple way to earn some quick bucks and don't realize that, in fact, this is a real business model. It is possible to be successful in this business, but it involves developing certain skills as well acquiring some knowledge.

The problem is that, since people start in a hurry believing that this is something simple that can be learned in a matter of days, they end up getting overwhelmed with things that are not relevant and ignoring aspects that are vital for an internet marketing business to become profitable.

Before starting a business we have to, at least, stop and think. Usually, it's better to do more than just thinking (a business plan, for example, can be useful), but, unfortunately, most people getting started with internet marketing don't even think and reflect about their goals and the best way to achieve them.

That said, my goal with this not-very-quick-post is to help beginners understand what's really important for them when trying to begin an internet marketing business so that they can avoid unnecessary expenses and focus their investments and efforts on what's truly useful.


1. You NEED to learn how to approach this business properly

As I said above, this is not a thing that will give you super fast results and turn you into a millionaire overnight. I know you've probably heard this a thousand times, and I promise you that the rest of the post will be more interesting, but the fact is that, even though they know that this is not a way to start making thousands of dollars in a matter of days, most people don't completely stop believing in this myth.

Deep in their mind there is always a voice saying "this time it will be different, this is going to work and in the next week I'll be making a lot of money online and will prove to everybody who doubted me that internet marketing is real and it's a great way to make consistent money". This is the wrong mindset. Don't let that voice fools you, it doesn't matter how confident you are, you're not going to succeed the first time you try. Courses can help, but we only learn this in the practice, so you will always have to fail a few times to learn some important lessons and then succeed.

If you don't let that voice fools you, you won't get frustrated after a few failures, will keep trying and, eventually, will reach your goals.


2. You NEED to learn traffic generation

But don't get me wrong here, I didn't say you need to learn a method to generate traffic. You don't need methods. Some tips and tricks from more experienced marketers can help, but you must learn more than a do-this-do-that method, you must learn the real process behind the traffic sources.

For example, if I just give you a few steps to create PPC campaigns on Facebook, that's not going to work. Perhaps, if you're really lucky, you will find a winning campaign, but that's not going to be consistent and you won't be able to build a solid business based on what I taught you.

However, if instead of just giving you a few steps to follow I really teach you the ins and outs of the platforms and explain to you what's the math behind Facebook, you will be able to develop your own methods and systems.

If you know how to optimize campaigns, what metrics to consider, how to analyze your data, how to target your audience efficiently, etc... Then you will create your own process, something that you understand and are comfortable with, and it will allow you to build a long-term business.

Understanding what you really need to learn will help you choose the right courses to buy, but more than that, it will give you the inspiration to test campaigns and learn from your own experiences, because even when you don't make money with your campaigns you will learn something new, and you will value that piece of knowledge. This is what will give you the motivation that you need to keep working on your business without letting frustration catches you.


3. You NEED to learn how tom optimize your campaigns

Oooooopppttttiiiimmmmiiiizzzziiiiinnnngggg...

Oooooopppttttiiiimmmmiiiizzzziiiiinnnngggg...

Here is the Successful Internet Marketer's Mantra.

Seriously, you need to know how to optimize your campaigns. And you need to do it.

The reason why I say this is because many people know how to conduct an optimization process, but don't do it. And it's not because they're too lazy (most of the times), it's because they have a bug in their mind that makes them believe that a profitable campaign is profitable right from the first day. So, if they test a campaign and don't make money with their first attempt, they give up on the campaign and move on.

Quitting campaigns too soon is the best way I know to fail. This will kill all of your winners.

On the hand, quitting campaigns too late is also bad, because it can make the testing phase way too expensive.

So, you need to learn a good optimization process that fits your traffic source and watch your data closely to make the right decisions at the right time.


4. You DO NOT NEED a bunch of courses

You don't have to buy every single course you see. There are many reports and videos available out there, some of them are good and some are just crap, but you don't nee most of them.

Many people complain about information overload, but I see this problem as something very easy to solve: stop shooting in every direction! Define your target, define your goal and then move towards it.

Are you going to do PPC on Facebook? Fine, so focus on learning this model. You can buy some courses, that wouldn't hurt, but make sure that you only get stuff that's related to PPC on Facebook. A course on article marketing would be useless for you, so it doesn't matter how good it is, don't buy it or you will end up getting distracted.

Control yourself. If you can't control your own mind, how do you intend to control other people's? Because this is what marketing is about, convincing people to do what we expect them to do.


5. You NEED to keep it simple

Don't overcomplicate things. Just keep it simple. You won't be a millionaire tomorrow, and choosing a super complicated method that has the potential to make millions won't change this fact.

Being a successful internet marketer requires many things, there are many subjective factors involved and it's not just about having a system to follow. You will have to learn how to think as a successful internet marketer before you become one, so don't do something just because it has a huge potential, do something because it's simple, will make you some money and will allow you to gain experience and improve your skills.

Want to get started with paid advertising? Fine, but don't start with large scale media buys or PPC on search, keep it simple, start with social PPC or even PPV, but avoid the toughest routes.

Keep these things in mind and you will have great chances of becoming a successful internet marketer. Maybe it won't happen tomorrow, maybe it won't happen in the next week, but gradually you will improve your skills and income and in few months from now you will see that keeping focused and working for the long-term pay off.

Also, if you have some money to get started with paid advertising and are willing to invest on training, I recommend you to check SixMonthsFromToday and StackThatMoney. Those forums are full of great information and are well worth the price.

If you have any questions or think that I could help you in any way, just leave a message below.


W
#cpa #making #money #start #things
  • Profile picture of the author redcontenido
    Excelent tips william. In my case toke 2 years to make a profit.
    Guys never give up.
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    • Profile picture of the author williamrs
      Originally Posted by redcontenido View Post

      Excelent tips william. In my case toke 2 years to make a profit.
      Guys never give up.
      It also took me 2 years to start making money, so it's really importante to be persistent.


      Originally Posted by adpulse View Post

      VERY good post!

      I try and drill this into as many publishers as I can, as a lot of them, especially the guys that are new to this, sign up with us, and immediately contact one of us with "Give me method that makes a day!"

      There's a lot of misconception about making money online, and its in part thanks to all these "guru's" that tout seminars and ebooks about becoming a multi-millionaire with 3 hours work a day.

      Would you mind if I copied this post and put it on our adPulse community boards?
      Of course not, go ahead and copy it.


      W
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  • Profile picture of the author Cash37
    I agree. My #1 tip is- test every traffic source you can afford. Once you find a source of good traffic, hit the honey hole early and often. Try every offer. Optimizing will come second nature as you want to max profit. The #1 thing is finding quality traffic.
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  • Profile picture of the author Omid
    Great post William.

    I cannot stress more on two things, first - taking action (reading blogs and forums won't make you rich), second, test and track every online campaign your run. If you are not tracking and testing your offers you're literally failing again and again.

    ~ Omid
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    • Profile picture of the author Dignified
      Thanks, this post was beneficial. I shall definitely use these pearls of wisdom.
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  • Profile picture of the author adpulse
    VERY good post!

    I try and drill this into as many publishers as I can, as a lot of them, especially the guys that are new to this, sign up with us, and immediately contact one of us with "Give me method that makes $xxxx a day!"

    There's a lot of misconception about making money online, and its in part thanks to all these "guru's" that tout seminars and ebooks about becoming a multi-millionaire with 3 hours work a day.

    Would you mind if I copied this post and put it on our adPulse community boards?
    {{ DiscussionBoard.errors[6396834].message }}
  • Profile picture of the author Uros Novak
    Thank you for sharing so good information.

    But very important. Never GIVE UP. Also if you lose some money... stay focus...and soon you will make money.
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  • Profile picture of the author Naveen K
    Excellent post William.
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  • Profile picture of the author adpulse
    great, posted! Thanks!
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  • Profile picture of the author ContentRank
    Another great post william This is really the key to success. These are what many newbies aren't following. They don't have right mindset, they loss focus and quit early.

    Hope this post motivates those who are starting in IM.
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  • Profile picture of the author codingku
    great post... thanks
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  • Profile picture of the author WF99
    Seems very good tips to me .. But it bothering that still i am not successful ...
    Sometimes it feels too bad
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  • Profile picture of the author Ebolarex
    Nice post, thanks - needed the motivation!
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  • Profile picture of the author sidfromla
    Great info esp for those of us just getting our feet wet ! Thanks
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  • Profile picture of the author Same
    This is great motivation post, William.

    I guess most of newbies now need a lot of motivation and hard work to succeed. It took me ~8months to make my first money, I nearly gave up few times in this period, but now I'm quite confident with my income, and what I noticed, that most of newbies giving up so early after first fails. Remember - Failing is your secret teacher. If you can't learn from your mistakes and failings - then it's really bad for you, but if you don't stop, and will make first money, oh yeaaah the feeling will be very good! When you feel that you should give up after few failed tasks for better - you should take a break. ( not a long one. ) You just have not enough motivation, no interesting butterflies feeling in your chest. So take a break, log out from forums, order a pizza, watch motivational movie - and get back to work. Do it until you make money.And then You made your first money online - Make it routine and then habit.

    And one more thing what you should know before you start.. Be productive, be organized. Believe me it's simple to get confused in business, marketing stuff. Use some kind of software, or just create sheets by yourself ( but I recommend to use softwares for sure ) set your goals, make daily to-do lists ( FOLLOW IT! ) keep your calendar up to date... I believe that many organized persons achieved their dreams and needs...

    Good luck.
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    • Profile picture of the author williamrs
      Originally Posted by Same View Post

      This is great motivation post, William.

      I guess most of newbies now need a lot of motivation and hard work to succeed. It took me ~8months to make my first money, I nearly gave up few times in this period, but now I'm quite confident with my income, and what I noticed, that most of newbies giving up so early after first fails. Remember - Failing is your secret teacher. If you can't learn from your mistakes and failings - then it's really bad for you, but if you don't stop, and will make first money, oh yeaaah the feeling will be very good! When you feel that you should give up after few failed tasks for better - you should take a break. ( not a long one. ) You just have not enough motivation, no interesting butterflies feeling in your chest. So take a break, log out from forums, order a pizza, watch motivational movie - and get back to work. Do it until you make money.And then You made your first money online - Make it routine and then habit.

      And one more thing what you should know before you start.. Be productive, be organized. Believe me it's simple to get confused in business, marketing stuff. Use some kind of software, or just create sheets by yourself ( but I recommend to use softwares for sure ) set your goals, make daily to-do lists ( FOLLOW IT! ) keep your calendar up to date... I believe that many organized persons achieved their dreams and needs...

      Good luck.
      Yes, this is very important!

      Time management used to be an issue for me and, although this is not one of my strong points yet, I started getting much better results after I got organized.

      I have a spreadsheet that I use to organize my projects and tasks, and it makes wonders!


      W
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  • Profile picture of the author Exavier
    Thanks for the post. As a new person to CPA myself it's helpful to find useful information on sticking with the basics.
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    • Profile picture of the author kr105
      Thank you very much! I'm new to this IM world and post like yours helps me a lot!
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  • Profile picture of the author surviving88
    Thank you for a very useful post for a newbie like me.

    Will be looking at it on a daily basis to help me remember the correct mindset I should have!
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  • Profile picture of the author Dayne Dylan
    Banned
    Question...
    When you finally optimize and get a winner, on average, how long can you usually run it with profit?
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    • Profile picture of the author williamrs
      Originally Posted by Dayne Dylan View Post

      Question...
      When you finally optimize and get a winner, on average, how long can you usually run it with profit?
      There is not an exact answer for this question, it depends on the platform and offer. For example, direct linking campaigns on Facebook can last just few weeks in the profit zone, while campaigns on AdWords may run for 2 or 3 months with a good ROI.


      W
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  • Profile picture of the author thebarberbuzz
    Thanks, great tips! I wasted a few months getting distracted. Losing focus = losing money! I JUST started using a spreadsheet to organize my earnings and expenses. My husband is an accountant, and finally convinced me it would make my online life easier.
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  • Profile picture of the author Alexis028
    Thanks for the wonderful tips bro. I keep failing several times but still didnt gave up. I will keep learning until I succeed.
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  • Profile picture of the author hyonglin
    Thanks for sharing!
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  • Profile picture of the author badboy_Nick
    Good stuff ... if I may, a few extra tips to add to the list:

    1. Best traffic sources: PPC (Adwords/YSM/BING) and EMAIL (list renting/buying/building)

    2. Stick to "pay-per-lead" CPA offers, do not promote anything that requires a credit card to qualify for a commission or a sale. You want to the merchant to take half the risk, not him getting a free ride on your traffic if he cant sell.

    3. Direct deals with merchants gives you a higher payout by cutting out the network/middleman. That extra 30-100% margin allows you to outbid your affiliate competition and you gain a competitive edge, more leads and ultimately more $$$

    Any questions just let me know,
    Nick
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  • Profile picture of the author thesilvershield
    Thanks for this motivating post!
    It's been 6-7 months now since I started learning and working on CPA. There was a lot of information at the beginning to learn and understand the system (there still is!), I read lots of reports, ebooks, blogs, posts here, even tried a few methods (failed of course!). I felt pretty overloaded then, and I realized that I needed a focus as you said. I sat and made an outline of what I learnt, then it was time to create my route ( including cpa network-niche-offer selection-traffic source-traffic network-tracking-analyzing) and pinned it to my wall. I worked on it only, reading, taking notes. Now I'm in the practice phase. I'm running campaigns, testing offers, trying to analyze the data, optimize my campaigns, still searching on things (in the frame of my route) and trying not to be distracted by others. I know what I am doing now and feel much better now than the beginning.
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  • Profile picture of the author Aliasjackjones
    Awesome post man.
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