Hi all,
Ned asked me to sign up to his great forum and repost this post I had made on another forum, so here we are. Feel free to ask any questions.
I've been making my livelihood from affiliate marketing for 4 years. There is a ton of money to be made (in my opinion and experience, way more than domaining), but the methods aren't as simple as just building minisites when your good domains. You can/will make money that way, but the real bank is with paid advertising via PPC, media buys, PPV (pay per view), etc.
Basically, you find offers to promote, set up landing pages (which are like minisites but totally optimized to make the sale rather than provide a helpful user experience that you hope turns into an Adsense click or a sale). Then you research keywords, create ads, and test every aspect of the traffic, from the source, ad copy, keyword and match type, elements of the landing page, sales funnel, etc.
It's a semi-steep learning curve, and you will fail more times than succeed. But when you find a winning campaign, you focus on that and expand with more keywords and more traffic sources. Then you start over again with new campaigns.
Some successful campaigns are kind of like parked domains -- they don't require a lot of upkeep other than keeping your advertising funded, and they pay you for the traffic that's being sent to them.
Here's a good newbie guy on getting started with affiliate marketing:
http://www.nickycakes.com/newbie-guide/
Ned asked me to sign up to his great forum and repost this post I had made on another forum, so here we are. Feel free to ask any questions.
I've been making my livelihood from affiliate marketing for 4 years. There is a ton of money to be made (in my opinion and experience, way more than domaining), but the methods aren't as simple as just building minisites when your good domains. You can/will make money that way, but the real bank is with paid advertising via PPC, media buys, PPV (pay per view), etc.
Basically, you find offers to promote, set up landing pages (which are like minisites but totally optimized to make the sale rather than provide a helpful user experience that you hope turns into an Adsense click or a sale). Then you research keywords, create ads, and test every aspect of the traffic, from the source, ad copy, keyword and match type, elements of the landing page, sales funnel, etc.
It's a semi-steep learning curve, and you will fail more times than succeed. But when you find a winning campaign, you focus on that and expand with more keywords and more traffic sources. Then you start over again with new campaigns.
Some successful campaigns are kind of like parked domains -- they don't require a lot of upkeep other than keeping your advertising funded, and they pay you for the traffic that's being sent to them.
Here's a good newbie guy on getting started with affiliate marketing:
http://www.nickycakes.com/newbie-guide/