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    You Live, You Learn…Right?

    glovesSo Davey Z and I found out today that we were unintentionally violating the terms of service to one of our big search engine marketing campaign programs. This campaign apparently didn’t like us using our domain name to promote them. That’s why our link stopped working roughly a week ago. During this time, I had been working with my affiliate manager to figure out what the problem was but we didn’t figure it out until today.

    Up until today I was really happy with my affiliate manager at Azoogle, but the fact that it took him 3 days to tell me why the link stopped working is really unacceptable. I know, I know, I’m still a small fish. I brought in less than $1000 last month so why should he care about my problems, right? Regardless of size, I think he should have been more responsive.

    So, lesson learned. Read and understand the terms of service fully before spending money on a campaign. I don’t think we’ll lose any money other than the money we paid for clicks for a few days, but other than that we’ll be in good shape.

    What did we get out of this lesson?

    1. Pay attention to the fine print. The campaign’s terms and conditions clearly told us not to use a domain name that contained their name. We ignored that and did it anyway. Our mistake. I don’t think it was worthy of an immediate ban but I guess that’s just how they work. No sweat. We won’t lose any sleep over this. There are plenty of other campaigns out there….it’s their loss, ultimately.
    2. Check your campaign links every day. We could have saved a few click dollars if we had checked up on our links every day. It tooks us 4 days to realize that our link wasn’t working, and therefore we lost out on PPC dollars. This money, ironically, was our first attempt at scaling this campaign so we were bummed when we found out our link was dead. We didn’t lose all of it, so we’ll find another campaign for sure.
    3. Stay on your feet. What happens when you get tossed a curveball? Do you let them throw you a strike or do you swing for the fences? Stay on your feet, keep your eyes open for new campaigns, and have a backup plan in case of emergency. Davey Z and I have talked things over and we’ll meet tonight to hammer out our new plan just in time for the weekend.
    4. Learn to move on. Don’t let little setbacks like this keep you down. Sure, we were only running 2 campaigns. This one was our “big” one…it generated most of our income last month. Oh well. Big whoop. We’ll find something else and kick our strategies up a notch.

    I learned a few lessons this past week about affiliate marketing. I hope you can learn from my mistakes so that you don’t face the same problems that I did. Remember to stay on your feet, pay attention to your campaigns, and most importantly, don’t ever give up!

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    March 5, 2008.  Post By: Nick.

    State of the Blog: February 2008

    lheowlsmallMarch is here and February is already over. Even with leap day and February being a “long” month this time around, I just feel as though time flew by. These few weeks have been exciting and fast-paced. They’ve included seeing the start of new ventures as well as seeing other ventures continue to work.

    Online business is never boring and one of the key benefits to making money online is that you can see results and gather data very quickly. In less than 1 month, Davey Z and I have learned a lot about search engine marketing and gathered enough data to be able to anticipate and predict certain patters in our trial campaign. We hope to be able to take what we’ve learned in the last few weeks and scale our projects to make us more money this month, so that we can reinvest it and keep growing.

    This is what this month looked like:

    February earnings report

    In January, my eBay sites had started off nicely, earning me roughly $3.50 per day. February showed a little bit of a slowdown for these sites, although I believe this has to do with my lack of effort in updating those sites. For the month of February, those eBay sites made roughly $2.87 per day, or about $83. Although this is a low number and I’d like to see much better results from those sites, it’s important to remember that I did absolutely no work on those sites this month nor did I invest 1 penny into buying new products/plugins or any advertising. This is $83 that go right into my technology savings fund.

    In addition to the made for Ebay sites that are making me some money online, I also kept up this blog and started on a search engine marketing campaign with Davey Z. The blog’s performance was similar to last month’s, although advertising sales are still sluggish. Do you want to see your ad on my site? Contact me by 5pm on Wednesday, March 5th and I’ll give you a special rate! Thanks to Claire from Sharp Wit Designs and a few paid reviews, this site earned $40.50.

    The part about this income report that I’m most excited about is the SEM report. Starting in the last few days of January, Davey Z and I launched and managed 4 different campaigns. Two of them turned out to do well and two of them turned out to be dogs. We ditched the dogs and kept the ones that worked. That being said, our total income from our SEM campaign topped out at $721.25. Not bad for our first month, eh? Our total cost for running these campaigs was $367.79, but given that we used some promo coupons to get us started, our adjusted costs came to be only $84.87, for a grant profit of $636.38. This is a great first month! We are going to reinvest these earnings and go all out in March. Hopefully to see these numbers keep growing!

    2008 is off to a great start. Breaking records and learning new things, I’ve been able to add to my arsenal of webtrepreneurship. I hope that March is a better month than February; given that Davey Z and I already have a bit of experience with SEM and have data to helps us know what to expect, we hope to keep trucking along and pushing the envelope of our SEM skills.

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    March 3, 2008.  Post By: Nick.

    How to Quickly Get Indexed by Google

    gwtIt should come as no surprise that getting listed and indexed by Google is very important to your blog or business website. I run a few different affiliate websites and the fact that the sites are indexed by Google is the only reason why they are currently making money. Given that the sites are not performing extremely well for any particular keyword, visitors continue to find my sites when they type their searches on Google. Without Google, there would be no traffic to these websites and by now you should know that I think traffic is the new gold.

    I have been building websites for a long time now, but within the last year I have been building sites with the hopes of making money online. I have tried several ventures in the past; coupon sites, tech reviews, eBay sites, affiliate sites, and blogs. Out of those sites, the most important aspect has been making them visible to other users through search engines (read: Google).

    Why do Search Engines Matter?

    The goal of any website is to have visitors, and to that end, there are basically 2 ways to get traffic. The first way would be to pay for traffic. This includes advertising on search engines, other websites, or through offline campaigns such as newspaper ads, television ads, or other means such as fliers or handouts. Alternatively, you could try to get free traffic. Free traffic happens when people either know your website’s address, are recommended by someone and follow the link, or find your site through search engines.

    The cons of paid advertising are straightforward. Firstly and most obviously, it costs money. Many new sites and blogs don’t have a budget to advertise nor do they feel the need to advertise their site. Secondly, advertising is not always sticky. What I mean is that once your advertising budget runs out, people will not necessarily remember your site nor will they remember how to get there. You’ll get a spike in traffic while your campaign is running but as soon as it stops, your traffic will drop down to zero.

    The pros of free traffic are more interesting. Firstly, it’s free. Nothing is required from you and people find you based on their needs and searches. Secondly, the hits you get are contextual and your visitors are more likely to take action (subscribe to an RSS feed, click through an affiliate link, etc…) because they found you based on results from a search they willingly performed. So here’s the question: how do you get free traffic?

    The holy grail of free traffic lies with placing well in search results. Your search engine ranking position (SERP) is crucial to gaining free traffic and if you place in the first page of a search engine for a given search, you will be seeing a significant amount of traffic. Within these results, the higher you rank the more hits you will receive. In order to place well in search engines, you must first get indexed. This step is crucial and trivial, but you can do a lot to help your chances.

    Use Google Webmaster Tools. Google Webmaster Tools is a set of utilities provided free of charge from Google. Within GWT, you are able to submit your site to Google along with a sitemap for your site.

    gwt1

    After finding Google Webmaster Tools, your next step should be to add your site. This is simple, just type your URL in the dashboard and click on “Add Site”.

    gwt2

    After you have added your site, you will need to verify it. For this step, you’ll need to figure out how you want to verify the site. You can do that either by uploading a file to your server or by adding a meta tag to your index page. Either way you choose, you need to verify your page.

    gwt3

    As the last step, you need to add a sitemap to your site profile. The first thing you need to do is create the sitemap. If you don’t know how to do this, you can either install the Wordpress plugin or you can go to the free XML sitemap generator and create a sitemap you can upload to your site.

    gwt4

    After you have added your sitemap to Google Webmaster Tools and your site has been verified, chances are that your site will be added to Google’s index. For me, this normally takes only a few days but some people claim to be able to do it in hours. I call “BS” on those people and think they’re full of it.

    This is how your dashboard should look like once things are all done:

    gwt5

    By this time you should be indexed in Google and ready to receive hits to your site. Your placement will vary depending on keywords on your site and competition for those keywords but this is the basic framework for getting added to Google and placing on search engines. After this you need to work on your site in order to place well. But that’s another post.

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    February 15, 2008.  Post By: Nick.

    Back to Basics

    back2basics

    I think that it is good practice to sometimes look back at your work and see where you can improve. Be reviewing and revising, you can often find various opportunities to significantly improve your work, which will in turn make you better at whatever it is that you do.

    It is in the spirit of reviewing and revising that I came up with the idea for this post. I hope that you can find some insight to help you make your blog better. The better your blog is, the higher the likelyhood that you’ll be successful.  The focus of this post is on domain names.
    Domain Names

    godaddy logoBack in October of last year, I did a series on this blog called “Internet Marketing 101″. The second part of the series was all about domain names. Domain names are very important for your business and if you don’t yet have one, I recommend that you go to GoDaddy.com right now and purchase one. Domain mames, in short, are important for 3 reasons:

    1. Professional. If you plan on making money from your website or blog, you should definitely plan on buying a domain name. When you buy a domain name, it lets your visitors know that you’re serious about blogging. It shows other bloggers that you mean business and it also adds credibility to your site. Often times when I surf the web for content and ideas, I’ll find something meaningful on other people’s blogs. However, I hardly ever pay too much attention to those blogs hosted on sites like Blogspot or other freebies. These sites are nice for communicating with your friends, but in all honestly, they’re not good for business.
    2. Personal. When you buy a domain name, you have a lot of room to be creative. You can express your interests and even brand your blog by its domain. Take this blog, for example. This site is about learning to make money online, so my domain name is “LearnHow2Earn.com”. I think that this address is professional and personal. In addition to adding credibility and creativity to my site, it makes it easier for others to remember (which is my point #3).
    3. Memorable. Probably one of the most important reasons to buy a domain name is so that others can remember where and how to find you. With a site name that resides on another domain, there are too many dots and slashes to remember, and most people won’t. When you have your own professional, personal domain name, people will remember you more easily.

    So, sit down with some paper and a pencil for about 20 minutes and think about as many domain names as you can.  Write them all down, and go do something else for 10 minutes.  Come back to your list and start eliminating those you don’t think are very good anymore.  Take another quick breather and repeat until you have 10 domain names left.  At this point, rank your choices 1-10 and head on over to GoDaddy.com to see which ones are available.  Start with your #1 choice and work your way down the list.  If you’re unfortunate enough to have none of your top 10 choices still available, rinse and repeat.  Try some variations, like using dashes or periods in the domain name.  Good luck and get down to business!

    February 13, 2008.  Post By: Nick.

    SEM Campaign Keeps on Truckin’

    search

    It is now 5 days since my last update on the search engine marketing campaign that I’m running with my friend Davey Z, and I have another brief update. We’ve doubled our sales since then and have made over $220 after an initial investment of only $30. We found out yesterday that we made 4 more sales during last week, and we are anxiously anticipating the results of our weekend campaign.

    Since Davey Z is a numbers guy, we decided to ramp up the campaign by raising our bids on our 4 main keywords. This moved us up quite a bit in the search results and therefore increased our click through rate significantly. Since we don’t yet have the results from the weekend, we have lowered our bids once again and are craving data to analyze and inspect. If things worked well this weekend, we will double our efforts and try to make even more money next weekend.

    While running this SEM campaign has been a successful experiment, we are not yet done learning and still have quite a ways to go in understanding more about how the whole process works. In the meanwhile, I have learned a few things that I would like to share.

    • SEM is Not Easy. Whlie Davey Z and I have been able to succeed with this campaign and we have learned a lot in these last 2 weeks, we still have a lot more to learn. Secondly, SEM is not something that you can “set and forget”. Sure, you can do that for 3 or 4 days at a time but in the long run you will not make any money if you think that this is the kind of thing you can do once and forget about. Although the “set it and forget it” attitude is working (little by little) with my eBay websites, the approach just won’t work for too long in SEM. SEM is very dynamic; competition changes, prices change, trends change, and consumers change from one minute to the next. You need to be on your toes if you want to be successful.
    • SEM Requires Patience. In case you haven’t read about my frustrations with affiliate programs and their reporting delay, SEM requires patience. Although you’ll generate a lot of traffic rather quickly, it takes a few days (3-5) for you to see the results of your efforts. This can be a costly period or a period that wasn’t as profitable as could have been if you had real time data available. Also, you need to stick with SEM for it to work in the long run. If you fail, try again! Don’t give up. If you’re determined and have your facts straight, you’ll succeed.
    • SEM is Not Rocket Science. As I mentioned above, SEM is not easy. However, it’s also not “rocket science”. I now believe that anyone can make some money from SEM. Even though I have not yet achieved my goals, I feel as though I am now armed with some valuable information that will go a long way to helping me reach them. No offense to the super affiliates. Although they are making much more money than me, they are not all that brilliant. Sure, they can run campaigns that have been working very well and they have fine tuned their SEM machine, but I think that anyone with the time and knowledge can make it happen.

    money treeIn the following few weeks, I will be posting more about what I’ve learned about search engine marketing. I believe that it’s an area ripe for the picking and am doing my best to reach out there and grab some of the money hanging from the search engine trees. Although it’s not necessarily an easy thing to do, I believe that anyone can do it. Want to learn more? Sign up for my RSS feed and stay tuned!

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    February 12, 2008.  Post By: Nick.

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