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12
Jul
I ran across what I thought was going to be a good topic by Jordan over at WPW, however like most things on the web it fizzled out before ever hitting a high note.
This isn’t an attack on Jordan, as a matter of fact had it not been for Jordan I wouldn’t be writing this now.
The name of his thread was the $3,000.00 per month Google AdSense project and he got the idea from the $30,000.00 per month Google AdSense project.
The $30,000.00 per month Google AdSense Project never made any money and was started by Collusion who stopped the project 2 months into it.
In April of 2009 Jordan was able to make $282.00 however at the start of the project in May of 2007 Jordan was making $520.00, seems to me after 2 years of not making money I’d been trying something different.
He’s managed to ignore just about every bit of advice he’s been given and continue to move forward, or backwards doing the same thing over and over and hoping for a different result.
I believe Jordan’s thread would have been a lot better had he tried new things as he went along. Other words, if something isn’t working try something different.
Jordan never tried anything new and as a result his income declined.
So…here’s my two cents.
If you are going to make money online you need to have a marketing plan laid out and you need to be willing to change directions at the drop of a hat. It’s like a really good Chess game or for that matter you could even compare it to going to war. After all it is war with the competition.
And like war we must have a plan that will take us step by step into the battle.
However, the biggest problem with trying to make money online is that most people give up before ever making any real money.
So…let’s start by addressing this problem.
What I don’t want to happen is to get started and give up a week later, because I haven’t made any money, so to keep this from happening I want be planning on making all my money from one site. It would be difficult to take a brand new affiliate site and get it to making $30,000.00 per month but it want be as hard to get a site doing $10.00 per month.
The idea is to associate each site with some type of current bill I’ve got. I would then say my water bill is $75.00 per month and this site selling pocket books is going to pay that bill every month. My goal is to then make that site do $75.00 per month.
I’ll take the $75.00 and divide it by 30 days to get my daily objective of $2.50 per day. Then I will take each item on the list and break it down into daily amounts as well.
When I am finished each item on my list will have a website associated with it.
It doesn’t matter how small the amount of money a website makes… that money can go towards paying off one of the monthly expenses.
We are not focusing on the amount of money the website makes, but rather on the expense the site is able to take care of.
Once I’ve gotten each site set up with an expense I’ll then determine how many sells that site needs to make in order to meet its obligation of paying that monthly expense. If a site makes $1.00 per sale and is covering a $30.00 expense then it needs to make a sale a day. However if the site is making $30.00 per sale and is covering a $30.00 expense then it only needs to make one sale per month.
Once I know how many sales I need to make every month I’ll then start figuring how much traffic I need to make a sale. Some affiliate sites will give me the conversion rates, if they don’t then I normally figure it at 2%, and that is a really bad conversion rate, it should convert a lot better then that.
If the site converts at 2%, and I want to make a sale per day then I need to send 50 unique visitors per day to the affiliate site. From here I need to know how many unique visitors I need to my site in order to send 50 to the affiliate site.
And of course that depends on my conversion rate. The higher my conversion rate… the fewer visitors I’ll need to reach my income goal.
I’ll go with the same 2% conversion to be on the safe side and so… I’ll need 2,500 unique visitors per day.
From here it’s just a matter of doing a little keyword research and picking the keywords that will bring in the amount of traffic I need, and then of course ranking the site for those keywords.
Tags: Making Money Onlinenone






