In essence, Eric brought the difficult situation right out into the open to sound out his subscribers (myself included), and to highlight some of the potential problems that affiliate marketer can encounter. Eric asked the internet marketing community what they thought would be the best course of action: should he compensate the client who was ripped off, or not? Was Eric responsible for someone else’s bad business practises (ie the copywriter who didn’t deliver) or not?
You can read final outcome of the whole shenanigans here. All I will say, is that Eric Holmlund is a top-rate internert marketer who I respect and endorse. If you want to know anything about online marketing, then do visit his blog at http://EricsTips.com.
It’s funny how things go around & come around; back in January 2009 I’d just started learning how to make money online with affiliate marketing, and I was excited about the possibilities of using the internet to earn money whilst I sleep, so that I could focus more time on my family.
I have to be very honest – I struggled. The biggest struggle was staying focused enough on one thing – there were, and now even more so, so many opportunities out there to earn a decent income, it was hard to settle on one thing.
I took a high end course on affiliate marketing, which to this day still contains a huge amount of valuable information, even though Google has changed it’s colors more times than a chameleon in the time between then and now.
Which brings me to now. You see, I’m still doing affiliate marketing, but I’m doing it incidentally, rather than focusing on it full time. At the moment, I’ve got other irons in the fire which can also generate income, but whatever business method I choose on the internet, I know that the best business model is one in which I do something once, and get paid over and over again thereafter.
In one sense, I’ve come full circle in terms of the methods I’m using to generate income online. As a business owner of a marketing company myself, I know how challenging it can be to generate consistent cashflow throught the financial year, and affiliate marketing provides me with a very helpful residual income to help pay for my ongoing business expenses.
So, how does affiliate marketing work? The nearest analogy I have, is when an actor or author gains ongoing royalties, or commissions based on work that they have created.
The methods used to generate income are surprisingly easy to do (and don’t require as much in the way of technical or computer skills as you might think).
The reason for the post title is that I’ve just stumbled across two young guys – who were teenagers when they made their first 6 figures online (in less than a year). They were both struggling undergrads (in fact, it seems like one was a college drop-out).
And in case you’re wondering, the links in this article are affiliate links for their product. If you’re new to the idea of affiliate marketing as a viable business model, and you’re considering ways to earn new income streams using the internet, without hesitation I would encourage you to consider becoming an affiliate as a way of getting started.
Ready to make money online?
Ready to escape the 9-5 and make some serious income online? Then go ahead and check out Tycoon Cashflow. Adam Horwitz, and Derek Jay, two teens who made 129k in only 8 months online teach you how they did it. So are you ready to live the Internet lifestyle? Go ahead and visit Tycoon Cashflow.
Google determines your ad rank according to the Quality Score x your maximum bid; the higher the product of these two numbers, the better you ad rank and the higher up you’ll be in the paid advertising rankings.
Plus, you won’t have to pay so much to get in the number one slot. In fact, if your quality score goes upas a result of you tweaking your pages (as per the above checklist), then you could end up paying less for the number one slot compared to the person below you.
Your CPC = Your Competitor's Ad rank below you/Your QS
In other words, it really pays (literally!) to follow the Google adwords training on what makes a good quality score: When I first started Search Engine or PPC marketing, I was aware of the need to have a good quality score, but I didn’t really have enough experience or knowledge to know how to get my Quality Score higher, so I wasted lots of money.
If you’re starting out in Search Engine Marketing, Pay per click advertising, or affiliate marketing, John Reese’s new course is an ideal companion to the free stuff that Google provides – click the image below to find out more.