Here’s How You Can Make Money Online Faster…


I get lots of email everyday people asking me for advice on how to make money faster online. Before I go into further details about how to make money faster, you first have to understand the logic behind making money online. To make money online you need three important things.

1. Traffic – getting people to see your site
2. Leads – getting information from people
3. Sales – getting the sale to make money

What you see above is just the most basic concept in online marketing, like all off line business you need to have customers well so does online business which we call it traffic. The only way you can get people to buy stuff from you is to get people to view your promotion or website it’s that simple. However many people who tried online marketing do not know how to drive traffic online.

There are many ways you can drive traffic, forum marketing, social networks, ppc, article marketing and so on but I realized one common problem everyone is facing. Most methods that are taught out there are all free traffic tactics. If you are serious about making money then you would want to read every word I am about to say to improve your business today.

Start Trying Out Paid Traffic

While most people will keep saying use Google Adwords, it’s great and so on. Well in my experience Adwords is getting more & more expensive every single day and I know the only way you can succeed faster is to use paid traffic!

To get some cost savings you can actually join other ad networks like Yahoo Search Marketing, MSN Adcenter. Many people who ever tried PPC will know that it’s not cheap to advertise now with PPC, the last time I tried Adwords I had to pay US$0.25 per click and that’s expensive!

Here are a list of alternatives you can consider to try which I have tried before

1. Bidvertiser
2. Blogads
3. Projectwonderful
4. Adbrite

When I started using these services, I realized the cost per click can be as low as only US$0.05 or US$0.10 sometimes depending what market you are targeting and it is not as competitive as what Google Adwords has to offer =) At some cases the conversion to sales can be amazing better then Adwords too sometimes.

Getting Start With Paid Traffic

Before you begin marketing, you first need to create a squeeze page. If you have no idea what that is you can look at an example by clicking here. It’s basically a simple page you create to capture people’s name and email details which we call them leads. However in order to create one you will also need a auto responder, if you do not have one you can go to this special link here to get one for free =)

One caution when you are started a paid campaign do not go and spend too much money when you first started. You need to do something called testing. What I would do is I would set a side US$50 for about 4 to 6 days and test out the ad network to see if the squeeze page converts well. You will be suprised that different ad networks will have different results depend what keyword you are advertising.

What Will You Do With The Leads?

Once you get the leads you have collected from paying money to advertise your squeeze page, you will promote one select product of your choice. If you no idea what to sell you can simply go to Clickbank to sign up for a free account and promote my book if you wish to =) If you are promoting my book, I highly recommend you advertise it on blogads, it’s converting well there.

Summary

Just to sum it up, what you have just learn is to use paid traffic to generate leads on your squeeze page and selling them stuff through emails. How much you can earn will be determine by the number of leads you collect. Let say if you are selling my book, you will earn US$30 per copy BUT from experience to tell you the truth you need at least 80 leads or so just to make one sale because the conversion to one sale online is always at the range of 1% to 5% only which means for every 100 people that sees your promotion you will only get about 1 to 5 sales and that’s very common for online digital products.

Good luck with your quest to making money online and if you find this article useful for you post some comments below or if you have other ad networks you like to share that you had great success also please post them below.

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Comments

11 Responses to “Here’s How You Can Make Money Online Faster…”
  1. John Cow says:

    What Is StumbleUpon?

    StumbleUpon is a social network
    in which people ?stumble? onto random websites at the click of a button. You can
    easily submit your site and receive plenty of hits for free with StumbleUpon. If your website is popular enough, it could get steady traffic from StumbleUpon
    over the course of months!

    The fantastic thing about StumbleUpon as apposed to other sites like Reddit and Digg is that the user is randomly brought to your site, and won?t avoid your
    site because of the title you made or the keywords you inputted. It is
    completely blind to people?s natural reactions of what to click and what not to click, giving you traffic.

    Okay, Great? So, how do I make money off of them?

    read more … here http://www.asian-school.net/2008/04/01/making-thousands-with-stumbleupon/

  2. Jon says:

    Hello Alvan,

    Your article talking about the basic blogger have to achieve before
    they going make some money. Right now those strategies bring only
    penny, and you never going make big money because US market is very competitive.
    Maybe only people have large amount email list or good product
    they going make a lot of money fast for example
    Frank Kern 24hour 24 millions dollars with Mass Control.
    Thanks
    Jonclaude

  3. Ricarde says:

    Wonderful article! Great insights on paid traffic!

  4. I have been using paid traffic now for over 3 years and in my opinion adwords still rules. I agree it is a bit mor expensive but if you know how to use it correctly you can drive the cost of clicks right down. For example I get ads under the make money online keyword for as little as $0.27 which is cheap for such a high converting keyword. It is all about balancing CPC, daily budget and your click through rate. If you want to know how to rule at adwords or just how to make money online click my name.

    • Alvin Phang says:

      Hope you dont mind me asking.. what keyword are you paying for and what product are you promoting that you felt is worth paying $0.27 per click =) you dont have to mention what product just what niche =)

  5. Andrew And Denise Chambers says:

    Thanks for that Alvin, we didn’t know much about paid advertising. For our future reference. :-)

  6. Hi Alvin

    Thanks for pointing out the other ppc alternatives, I have placed a number of campaigns with google adwords and secured top 1 to 3 listings. However then it depends quite rightly on the effectivenes of your squeeze page, and then the amount of money potential you have on the product your promoting or OTO.

    I felt that I was spending too much money and have tried concentrating on free methods like article marketing, forums, blogs etc, but unfortunately it can take time.

    Anyway you are right to point out that other effective ppc networks exist and are worth a try.

    Thanks Again

    Chris

  7. azmi says:

    Alvin ,

    For sure , paid traffic method is not for a beginner like me yet .