Rasta_Cook

Hi,

i consider myself a noob i guess, since im new.
I dont know if people in here are good or what, but it doesnt matter i welcome all advice...
So im about to quit my daytime job , and i have 8000$ ...

Me, Ive been reading alot these past months, seo, marketing , affiliate, ads, etc
Ive started a test 1 month ago ( Poker Tips & Strategies - Become the best poker player you can be, i dont have too much time to put on it, and it was just something to get started, to see how things work.
I know the poker scene is very exploited, i wasnt looking for big results with this test, its just learning.


I think i should consider wholesale reselling on ebay...

Gimmie your opinion on what you would do ?

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louno.com

alistdirector

On beer obvioiusly...

Only kidding. Id build lists, there is NO better way in the entire internet marketing world to make a lot of money than using a laser targeted list.


i use lists on 95% of my sites, even my mini lists make a ton of money. remember it is targeted traffic that counts!

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I'm not allowed to have a sig because I don't know how to follow the rules, such as, when the admins say NO ebook marketing, even in sigs, they mean it.

Stanley

dont waste your time with ebay

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What Is My Referer?

Diorex

Are you quitting your day job to do this? See my post about this not being easy, before you do anything rash.

You are gonna need some of that money to live on - depending on your situation that is going to keep you alive for 3-6 months at best.

And lets be honest the first few times out, you are not making an investment, you are buying lottery tickets. You might spend $1000 and get anywhere from $0 to $5000 back. Odds are that you will lose before you win.

Once you have a well optimized program of repeatable results, then you can call it an investment. Until then that money is not safely invested by any stretch of the imagination.

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Diorex.com

Xrproto

PPC -> CPA!

sign up with copeac and azoogle. learn how to create a decent landing page and start picking offers to drive traffic to.

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I can assure you I am as insane as the next man.

Rasta_Cook

Wtf, i wrote a reply, submit it, and its not showing...
Damn i really dont feel like typing everything again... im gonna cut it short :

Yes, i know its not going to be easy, i have 8000$ to invest , id like to start with as little money as possible then invest more if i see things are doing good.
I have some money on the side to keep me alive too ( food, rent , etc ) ... I quit my day job because it is way too much time consuming and i need more time to start projects on my own...

So to get back to your comments... i have a few questions

alistdirector ,
You say to to build lists, what do you mean ?( directory list ? ) I dont get what build list means... can you give more details ? possibly examples ?

stanley,
Why is ebay bad, bag in the days i knew someone who made lots of money with it, but that was back in the days, although im sure its something to consider today too.

Diorex,
You are right, but i expect to fail a few times... its a learning process... my first test pokertipsnstrategies.com didnt get 1 sale yet, but i learned alot from it so far... and it cost like not even 50$ to test it ( adwords )


Xrproto,
Are you saying to find affiliates on those ad networks that pay you when ppl do certain actions ( fill forms ) , if so , you say my job would be to create a landing page that send these visitor to these forms, but why not just send them to the form right away ?

Thanks for your comments , Id offer you guys a beer, but im in montreal so... unless you live here thanks is all you gonna get

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louno.com

Aequitas

No offence but its pretty much like Diorex said if you are quiting your daytime job to do this their is one hell of a good chance your just fucking yourself over, it takes time to test, time to build, time to do everything, its not as easy as having the money to invest you need to learn through trial and error, you have to know how to market, you have to know how to test, you have to know your keywords, you have to know your research, you've got to know the things you still haven't heard of.

You say you are a newbie at this and that for a couple of month's you've been reading, well that is good and all but reading for a few months is nothing, try reading for 2 years and then testing, keeping, and monitoring your results for another 2 years. If you are quiting you job because of the long hours and think this will cut down on that think again, be prepared to easily work 16 hour days, 7 days per week.

I'll stop their but seriously I've seen way too many newbies quit their job because they've heard that internet marketing is easy to learn and with the amount of people online they think its super easy to make a good monthly wage, most have it in their heads that if I can get 5000 out of the 9 million people online to give me $1 per month I can live awesome and what they don't realize is that it'll cost them quiet a bit to get that and for a very large amount of newbies it'll cost them every dime they've got including your $8K.

I'm not trying to put a damper on your spirits here but its the cold hard truth, some people have the ability to pull it off and you might be one of them but the majority have high hopes and don't fully understand what is involved until its too late and there in debt beyond their wildest dreams.

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Aequitas

If you include a link in your post it has to be approved by a mod before it shows up, that is only if you have under 10 posts which you do.

As for your other questions I'm going to let the others answer them but seriously dude don't even bother blowing your $8K you are no where near ready to start spending that kind of money with your last post you just made.

You've got to learn so much more, keep learning and spend minimal amounts and then keep learning.

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Rasta_Cook

Aequitas,

Its ok, i know you guys think im stupid to leave my job, thanks for the warning, but that is my decision... im prepared to fail miserably... im a realistic person , im not expecting to succeed on the first try, i know that would be foolish... so if that happens, then too bad, ill move on and try something else...

see i could just continue to work as a under paid graphic designer , help my boss get more money in his pockets... but that is not going to take me anywhere, Im not quitting my job because i want to chill more... im quitting my job so i can WORK more, see when i get home a 9pm , and have to eat, take my shower , talk to my girlfriend, clean the place and whatnot i end up starting to work/research at like 11:30pm or midnight ( at which point im already exhausted, because i slept late the day before too ), then i go to bed at 2am... I just cant do that anymore, ive been doing that for a while and it drains me too much, i need more time, i need to focus, im always tired and all i think about when im at work is ideas that i could use to make money online...

I dont care the amount of work this is going to take me... id rather work hard for myself, than work hard for a boss that reaps all the benefits.

So all im asking for is the advice of people that have been into this business way before me, maybe learn from their mistakes, get some pointers, anything will help... hopefully , one day, ill be the one giving the advices...

so tell me...

If you had to start from scratch all over again, with only 8000$ in your pockets... what would you do
PS : im not saying you should put all that money in one thing... i can start a few different project with that money... and i dont have to spend it all at the same time...

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louno.com

Voodooman

That was back in the day. Ebay is shit now. I used to be a very high ranked seller making very good money. But that was then, and this is now. Ebay fucks sellers any chance they get. Either with constantly increasing fees or some other way. Ebay has become a place to push stolen or near free goods. The prices there are way below cut throat. You would only be shooting yourself in the foot. And end up making near zero margins and making Ebay money. If you want to work like a dog and piss away your $8,000 then FleaBay is the way to go. I would rather buy lottery scratch off tickets than do anything with FleaBay. But hey, that's me.

Aequitas

Good keep this realistic attitude and you'll one day succeed, I'm more then willing to share my knowledge with the people who are willing to make this work and who realize that it does take work, so lets begin.

If I was starting from scratch I would set aside $1K for my PPC (Pay Per Click) Campaigns and start with those, I would read up about keyword research (buying keywords vs searching keywords), split testing my campaigns, I would run them on Adwords, YPN, and MSN Adcenter (Split up the $1K into these three areas, say $300 in each account and then keep the remaining $100 for additional research (P.S. Don't spend that money on an eBook, you'll just get fucked).

By this I think he was referring to building an eMail list, getting customers to your site is one thing but getting their eMail address without pressing it and without spamming their address can be a powerful way to get return buyers.

eBay requires you to buy tangable items, sell them at a profit, deal with shipping and all that crap, with an Affiliate network you are promoting other peoples product, you only have to worry about getting the person to fill out a form or two in order for you to get paid, less headaches.

Sending a person directly to the form to fill out is bad in a lot of ways, its better to create a landing site (A site which explains to them what benefits the product will give them, it doesn't need to be a huge website, just a page with some quality well-written information), your goal is to only include your affiliate links inside of that page so with any click they make will bring them to the form, its your job with this page to encourage the person to take action when they get to the page, if you just send them to a form they won't know anything about it and probably won't sign up.

Another suggestion is to read a couple marketing books they are super helpful, it doesn't have to be an online marketing book it can just be a plain old marketing book, most of the online marketing books are outdated (I'm talking hardcover books here not the eBooks you get online), the good thing I find about reading these books on my spare time is it gives me ideas, better ways to promote online as well as offline, lots think that doing internet marketing online requires and online effort, you can advance that effort to offline things as well.

As I said most of the information might be a bit outdated but try to find the most recent ones they will give you a better insight into the history of marketing, where it stands today, better ways to make people take action, its an overall eye opener that sparks ideas, it gives you a better understanding of how to cross-reference some things, how to better intice people to take action and earn you some extra money.

P.S. do a search here on wicked fire to find the thread listed full disclosure campaigns, they will also help you learn a lot of things when your running your campaigns.

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Diorex

I love people who ask for advice and then ignore it because they know better...

If I had $8000 in my pocket and no job, I would go get a job.

Once gainfully employed so rent, food and other necessities were taken care of, I would then start trying to figure out affiliate marketing.

Having spent months lurking on forums, I would listen to what others wiser than me had said, and I would avoid like the plague spaces like Poker, porn, pills, ringtones, or other moneypits that require lots of knowledge to make work....

Nothing is so doomed to fail as the bet that you cannot afford to lose.

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Diorex.com

Rasta_Cook

Thanks Aequitas,
about " (buying keywords vs searching keywords) ": by that you mean, which keywords are used when a user wants to buy something as opposed to when he wants to get information on something ? ...
but why spend money testing these out without having enything to sell when people click on it? sure you will get some market data, but without any possible direct profit from it... and also you can see the amount of search in ouverture keyword selector tool a word gets / month ... I use that to try to find unexploited keywords, i have a little list that i started, now i need to find the products i will associate with these words... found some ebooks on clickbank , but im doubfull of their webpage's ability to sell...


Diorex
i take all your advices very seriously... i did not ignore anyone, i dont know why you say i am... im just asking questions here...

I appreciate the fact that you are worrying about me paying my rent, food and whatnot but this is not a problem for me, i have more than 8000$ , after i quit my job, i am leaving for a 5 week vacation in asia with my girlfriend... clear my mind, get away from all the stress and the shit going on here, see I dont like the job where i am now, so i would quit anyways, no matter what... this post is not about if i should quit my job or not.. that is something that will happen, it is a personal decision ...
But its my fault, I should not even have mentionned it, because it takes the focus away from my real question.

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louno.com

GeorgeB

Find someone already succeeding and partner with them.

Get to know them and what they do. Check their rep on multiple forums.

This way you get to learn while growing a successful business together which = instant ROI all the way around.

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Jibber.net - Social Networking Webmaster Forums.
also check out my PC discussion forum as well.

lazyleo

Well first thing i would say is make a blog about yourself something in lines of how i am going to use my 8k will i loose it or will i multiply it..make posts everyday share what you did worng what your learnt..promote your blog on forums in your sig ..i am sure you will gather a good fan followig if you write well..but make sure you stay away from as Diorex vbmenu_register("postmenu_136783", true); said..atleast for sometime ..

Aequitas

You see with affiliate marketing you market the products of other people, for instance one of the things I'm marketing is a blockbuster offer, if I get someone to sign up I'll make $43 dollars, now when your doing your campaigns you want to use buying keywords over search keywords, your goal is to target people who are looking to buy or sign up for that service right when they click on your site, your job is to push them that little bit more to gain your sale.

For instance lets take the word "Buy Movies" this is a buying keyword because someone searching for movies would search something more along the lines of "The Best Movies", people who did the search for "Buy Movies" are in the buying mood, they've seen something they want and they are now searching to buy that product at a good price to them, but the price is not always a factor, the benefits a person receives for purchasing that product are sometimes much greater then the price.

As for collection information about the user, that is very powerful because with information like age, sex, email, monthly income you can better target offers to your customers, making you much more money, the trick is don't get all of this info right away start off slow, first find a way to get their email by offering them something, then at a later date get their name by sending them something and so on until you've got a shit load of valuable data.

You said "why spend money testing these out without having anything to sell when people click on it?" now I think your getting the wrong impression here, see you sign up with an affiliate network, they give you a list of products you can market, and they provide you with links to that offer, from their when someone clicks on your link to that offer and sign up you get paid a commission from that, but sometimes the link brings them directly to a sign up form without any information, in these cases your job is to create a landing site to send them too, now if you did your keyword reserach right the people clicking on your ads should be in the buying mood and you give them the benefits of the product or service, will it save them time?, will it save them money?, ask yourself what the real benefits are for them to buy this and include it in your story.

Not to step back and see how it works, you create a landing site and your paying Google, Yahoo, or MSN each time someone clicks on your ad which brings them to your landing site, if you did your keyword reserach correctly then the people going to your site are in a buying mode, they already know what they want they just need to find a quality place to buy it from, so they read over your story and they realize the benefits of buying the product they were already searching for, now they are super interested and want to buy this thing NOW, so they click on your link (which is your affiliate link), they then are brought to a sign up page that was created by the company, they fill out the form and then you make a commission, remember when I said I'm promoting a blockbuster offer?, well each time someone goes through this process I get $43 bucks, now I minus how much I spent to make that conversion and boom I've got my total profit.

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trigatch4