The New Rich Blog

Archive for February, 2009

Finally, Some Action!

Posted on Feb.26, 2009, under Adwords

My new strategy is starting to pay of. As I said, I have choosen a product with pretty high competition and high gravity. At first I lost a lot, I paused the campaign for a day and did some changes. I got rid of bad keywords (as a general rule - do not bid for one word phrases!), and put the campaign back in the air. Now I make 1-2 sales each day and the profit is close then ever.

It feels so daam good!

Take a look at my Clickbank screenshot:

Clickbank

I know this is is not much, but it is a start. I will write more about it soon!

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Affiliate Marketing Strategies

Posted on Feb.21, 2009, under Adwords

I have been thinking lately about strategies for affiliate marketing.
My strategy for the past 3 months was generally to look for a unique niche product with low competition and  unique keywords with high search volume and low competition.
I was afraid of competition & afraid of the need to pay high CPC.

So I tried one campaign after the other, each of them with low CPC and high position keywords.
The results were not remarkable, to say the least. Low conversion rates.

This week I’ve been thinking, maybe there is a reason why these words have very low competition. Maybe there is a reason why these products have low Clickbank gravity. Maybe the reason is that those don’t convert well.

Therefore, my new strategy is to go for high gravity products and pretty high competition keywords. And how I will be unique from all the other advertisers in the adwords arena? I will write good ads and good landing pages.

Another question that occurred to me is maybe I am not risking enough money. Like all of us, I am afraid to lose, so I go for low CPC and low daily budget for each campaign (about $30). I think I need to risk more and be afraid less!

What is your affiliate marketing strategy? I will be happy to hear.

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