ClickBank Experiment With A Little Help From A Friend
On around the 15th of this month, I had the pleasure of meeting a successful online marketer and he helped me to start joining the affiliate marketing playground with ClickBank.
He had gone out of his way to private message me in regard to a post I had left in a DigitalPoint forum regarding my $5000/mo goal by August, so I was kind of wary at first but I quickly learned he knew what he was talking about.
The coolest part about this guy is that he’s only 17 years old and he makes more than I’ve ever made working at a real job. Needless to say, I’m impressed.
I must admit that it’s a humbling experience to take the advice of someone younger, but I’m finding that it’s worthwhile. Apparently, wisdom doesn’t always happen with age but more so with the balls to actually take risks.
Personally, I’m not very good at taking risks. I don’t like losing money and I definitely don’t like failing, but as someone smart once said, “Success cannot be obtained without failure, for we are to experience the drought to appreciate the abundance.”
Truer words were never spoken, in my opinion. Ever since my main source of online-income was drained of visitors back in early 2006, my AdSense inflow of money has severely waned. As far as AdSense is concerned, I am certainly experiencing the drought my friends.
But fear not! AdSense is not the only way to make money on the internet, and after having the actual experience of making less than $5 per day happen, I dare say that you should never rely on one source. This is also known as not putting all of your eggs in one basket.
So with the help of my new-found friend, I was urged to start affiliate marketing. He gave me a few pointers here and there about where I should advertise, how I should do it and what I should advertise for and within the same day, I’d already made my first sale on ClickBank.
You can’t imagine how stoked I was to see actual immediate results from putting a little bit of advertising money to work for me. So I started up a few more advertising campaigns, and I’ve made a few sales for several days thereafter (see above image).
Now if you pay attention to the above image, you’ll notice that my earnings have been very sparse. In fact, for a couple of days I haven’t made any sales and I’ve still been spending money on advertising. This is part of the risk-taking experience that I do not like. It’s called The Waiting Game and I’m terrible at it.
I don’t like checking my ClickBank account and seeing no sales; it’s aggravating, in all honesty. But guess what outweighs that aggravation tenfold? That’s right– seeing a sale pop up before my very eyes. That is a truly exhilarating experience that I recommend you try for yourself.
Of course, I can’t give away the trade secrets that my friend has blessed me with but I will tell you a few things that might help with making money (at least, sparsely) with ClickBank:
- Research the product you’re marketing thoroughly – I am still researching the few products I have been marketing and I still have a long way to go to make consistent sales daily, but it’s a crucial part of the process. Sales won’t just come to you, so you have to find out everything you can about the product you’re selling and then, go a bit deeper for that edge.
- Use Landing Pages Vs. Direct Linking – For my first few sales, I used my affiliate link as the URL for the ads I was placing. Turns out, this raises the price of the keywords you use for some services (like AdWords) and might lose you a lot of sales. Using a web page to inform visitors about the product you’re pushing gives you several great edges. A couple being– the ability to track statistics as well as the ability to market several similar products on one page.
- Choose products with high gravity – ‘High gravity’ is a term used on ClickBank to signify a product that other people are already heavily marketing, but it is also a great indication that a product sells well. So use this term to your advantage when searching for your niche to advertise.
There is much more detail I could go into that I’m learning on a daily basis, but I do believe I will save the rest for later and perhaps the best for a product of my own!
After all, the best product really does help people and make their lives better, so why not?
As far as risk goes, I plan to increase my daily budget to twice what it is right now as an experiment. Hopefully I can increase the click-thru rates to my landing pages and therefore, create a higher number of sales. This is a very tricky business, but once mastered can lead to a lot of passively earned income.
I will keep you posted with updates, but for now– good luck with your money making ventures on the web.
- Scott
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[...] In my last post, ClickBank Experiment With A Little Help From A Friend, I discussed my recent ClickBank earnings. To your left, you can see that my sales have significantly increased on the average over the last few days. In fact, I’ve made more over the last few days than the rest of my time at ClickBank in its entirety. Not bad, huh? [...]
[...] 6:43 pm I previously posted about an ClickBank study put together by a fellow named Andre Chaperon. I highly recommend reading his study if you’re at all interested in the topic of affiliate marketing. I kept putting off reading it, but I finally did within the past week, and the series was very intriguing and inspiring. It helped push one of my friends, Scott Weaver, to put together his own ClickBank experiment, (which currently has 3 parts), as well. [...]
Good article Scott. Keep up the writing and I’ll keep visiting!
Products with lower gravity do not necessarily need a landing page since there is much less competition.