Thursday, November 20, 2008

Ads That Actually MAKE You Money...

Hopefully by this point you have an idea of the kind of
blog you would like to start as well as all of the
different ways you can drive traffic to your blog.
Now we finally get to the section of making money with your
blog (insert your applause here).
Text links are advertisements placed on your blog in the
form of hyperlinked text. They will either contain an
advertising message like "Cl'ck here to get access to the
hottest singles in your area!" or it can simply be a single
word like "Personals" which will contain a link to a
product like a personals site.
Because banner ads have lost much of their effectiveness in
recent years, text link ads have become a very popular and
very effective alternative.
Most banner ads rarely produce click through rates better
than 1 in 1,000 impressions.
In other words, your blog would have to generate a minimum
of 1,000 visitors to experience a single click thru on a
banner ad.
Now imagine that same banner ad has a conversion rate of 1
in 20 or 5% (a very good conversion rate incidentally).
This means that in order to experience a single affiliate
commission your blog would have to have a minimum of 20,000
visitors!
If you were fortunate enough to have a blog with 500
visitors per day it would take you a whole month to make a
single dollar with your banner ad!
In addition, many website visitors (ourselves included) feel
that banner ads "cheapen" a website and make your blog or
website appear like a big advertisement.
In short, banner ads are generally a waste of your time.
There are basically two ways to add text ads to a blog:
1) An advertising broker
2) Text link generation software
In exchange for a share of the revenue, the following
brokers will add text links to your blog:
Adbrite.com
Advolcano.com
Blogads.com
Blogkits.com
Chitika.com
FederatedMedia.com
Text link generation software is a really great alternative
to text link brokers because you do not need to be approved
by a broker in order to start running text ads and you have
a lot more control over the both kind and quantity of text
ads appearing on your blog.
Perhaps the best software for generating text ads is called
Click Bank Text Ad Generator. Once installed, this software
will automatically scan all of the content of your blog for
certain keywords and turn those keywords into affiliate
links for products listed on Clickbank.
The products listed on Clickbank are great products to link
to because they tend to have much higher payouts than
physical products. With clickbank, it's not uncommon to
have $97 product with a 75% commission payout ($72.75
payout per sale).
A few text ads with a $72.75 payout can be very lucrative,
even if you only receive a few hundred hits a day.
For example, suppose again that your blog was receiving
just 500 visitors a day.
If 10% of these visitors clicked on one of these high
paying text ads every day and 4% of these visitors
purchased the product you would then earn a whopping
$145.50 every single day!
10% x 500 = 50 clicks
=> 50 x 4% = 2 sales
and 2 x $72.75 = $145.50!!!
And remember that all of this would be done without you
lifting a finger!
....Talk about easy money :-)
In a couple of days we'ill discuss the vital importance of
building a target'd email list and how you can use your
blog do so at warp speed!
Until then...
Your friends,

Dave and Aaron
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