Tuesday, October 16, 2007

Money Management

In my previous post I mentioned the fact that you might not make money right away, and that you have to SPEND money to GET money.

This holds true for all types of affiliate marketing, incentive and non-incentive.

The key to making money, is getting the best rates for the offers you promote. It does not matter whether you are promoting a $1.00 offer or a $50.00 offer - SEARCH FOR THE BEST RATES! I have noticed that NeverBlue Ads, COPEAC, CPA Storm, Instant Dollarz, adFinity offer higher than average rates, and that's why I use them.

Some examples for non-incentive expenses would be: AdWords, Search Marketing, Email Marketing, etc. Remember, you want to make a profit, but you need to find a way to advertise. So, if you are promoting a product that gets you $25/lead, spend no more then $100.00 of advertising, odds are that you will get at least 4 leads to break even.

Incentive marketing is a whole different story. As you can see on sites like http://www.100.thefreebielife.com/, http://www.anyfreemacbook.com/, and http://www.key2free.com/diy/, users sign up and complete the offers, but also get a reward for doing so. Obviously, there is still profit to be made, but less than that of non-incentive. If you have a script like http://www.scripts.freebielifescripts.net/ and want to give incentive marketing a try, you must learn how to weight your offers properly. Offers must be weighted to allow for MINIMAL TO NO PROFIT on each completion. No, I am not crazy, but in the long run, this is the only way you will succeed. For example, if you are paying out $40/credit.. and have 2 offers that you get paid $18.00/lead for, you will want to weight those at .5 credit a piece.

Yes, the incentive marketing sounds crazy, and it is. I will make a post later explaining incentive marketing in full detail.

Monday, October 15, 2007

Incentive vs. Non-incentive Affiliate Marketing

First, lets define the difference between incentive and non incentive marketing.

Incentive Marketing

What makes incentive marketing unique is that you give your users a reward for signing up for leads, offers, etc. An example of an "Incentive Site" would be: http://www.always4free.net/ or http://www.anyfreeps3.com/. As you see, users sign up, complete offers, and get rewarded. I am sure you have also heard of Get Paid Too sites where you get money for completing offers (no they are not a scam).

Non Incentive Marketing
Non incentive marketing offers no rewards to customers trying ads, meaning it is 100% profit (not counting advertising fee's). It can be as simple as placing an ad on one of your websites.

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How I succeed..
As always, I do a little bit of both types of marketing, which allows for maximum profit. I suggest you do the same, you will be happy you did.

If you would like a referral or points script for incentive marketing, I suggest you check out http://www.scripts.freebielifescripts.net/. It is the script I use, and for a great price.

I couldn't say which way is better, both have their up sides and downsides, but do not be surprised if at first you have to SPEND MONEY to earn money. I will make a post about this later.

Sunday, October 14, 2007

Signing up on Affiliate Sites

The first step to starting affiliate marketing is by, of course, signing up for affiliates.

Some affiliates that I use are:

NeverBlue Ads
NeverBlue Ads is one of the leaders in the business, offering the highest payouts and quickest support.

COPEAC
COPEAC is a trustworthy affiliate who always pays on time. They have tons of pages of offers for you to promote, including lead and submission offers.

CPA Storm
CPA Storm has many exclusive offers on their network which other companies do not. They offer some of the best support in the business, and have high payouts.

Instant Dollarz
Instant Dollarz has more offers than anyone else that I have come across. They also offer high payouts, and always pay on time.

adFinity
Slowing growing, adFinity has proven to me that they are trustworthy.

After you have signed up for one, or all, you are now ready to begin promoting!

I have noticed that the more affiliates you sign up too, the bigger your profits are. Why? It allows you to always get the best rates, and the newest offers.

About me and Affiliate Marketing

Affiliate marketing is on the rise again, and you could be making money by doing it!

This blog will dialog my experiences with affiliate marketing, and how I am making over $50,000 a month doing it!