Hey guys! Want some advice .. I have been active in the trading scene for the last 7 years or so .. mostly in the forex niche. I still trade and its working well for me.
Forex Conversions
3
Hey guys!
Want some advice .. I have been active in the trading scene for the last 7 years or so .. mostly in the forex niche. I still trade and its working well for me.
I am new to the affiliate marketing scene and sort of have an idea but lack practical experience in it.
Given my forex and trading experience I want to enter into the internet marketing scene ... here are my specific questions around some ideas I have:
1. Initially I was thinking of starting a site and offer my trading experiences and some tutorials here and there. But I notice there are tons of good sites already doing that .. I was thinking using SEO to rank for long tails, capture emails, and offer FX products.
Question: Given that it will take a long time to grow my list, would adsense offer reasonable income through this in the meantime? I don't have mad budgets like FXCM. At the end of the day its about how much time & money I will be putting in (writing posts + SEO). I've been reading a bit about adsense .. and it seems like you need a lot of visits to make small $$$. Read on one post along the tunes of $100 for 10K UVs (broad generalization here).
2. Another "shorter/faster" route I am thinking of trying is to offer an informational resource in a specific area of forex trading via a landing page. Use some PPC to get going fast with list-building. This will probably burn through cash fast I suspect. And then offer forex products to the list.
Question: Given both #1 and #2 rely on affiliate sales and promotions ... and given that Forex is such a spammy space (checked products on CB) ... I wonder how good are the conversion rates in the Forex space? Would I need a list of 10K members, if the conv rates are < 1% to make it worth the effort and recoup my PPC advertising cost.
Anyone out there tried marketing forex products? Any advice you can offer based on my 2 strategies would be greatly appreciated!!
Thanks
Want some advice .. I have been active in the trading scene for the last 7 years or so .. mostly in the forex niche. I still trade and its working well for me.
I am new to the affiliate marketing scene and sort of have an idea but lack practical experience in it.
Given my forex and trading experience I want to enter into the internet marketing scene ... here are my specific questions around some ideas I have:
1. Initially I was thinking of starting a site and offer my trading experiences and some tutorials here and there. But I notice there are tons of good sites already doing that .. I was thinking using SEO to rank for long tails, capture emails, and offer FX products.
Question: Given that it will take a long time to grow my list, would adsense offer reasonable income through this in the meantime? I don't have mad budgets like FXCM. At the end of the day its about how much time & money I will be putting in (writing posts + SEO). I've been reading a bit about adsense .. and it seems like you need a lot of visits to make small $$$. Read on one post along the tunes of $100 for 10K UVs (broad generalization here).
2. Another "shorter/faster" route I am thinking of trying is to offer an informational resource in a specific area of forex trading via a landing page. Use some PPC to get going fast with list-building. This will probably burn through cash fast I suspect. And then offer forex products to the list.
Question: Given both #1 and #2 rely on affiliate sales and promotions ... and given that Forex is such a spammy space (checked products on CB) ... I wonder how good are the conversion rates in the Forex space? Would I need a list of 10K members, if the conv rates are < 1% to make it worth the effort and recoup my PPC advertising cost.
Anyone out there tried marketing forex products? Any advice you can offer based on my 2 strategies would be greatly appreciated!!
Thanks
- normahl
- mr@new
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