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Aug
04

After eBay Moved In-House

It’s been two months since the eBay affiliate program moved in house.  So what does a newbie like me think of it?

At first I was very displeased by the change.  Not that I was particularly attached to Commission Junction, but it was a lot of work for me to change over.  BANS is very good about making easy updates, but my updates didn’t work.  So I had to erase my stores and start over completely.  The truth is, as most of those stores were merely experiments, it was the kick in the butt I needed to create stores that were actually worth having.

The commissions themselves stayed the same, aside from an introductory bonus that eBay offered to those who switched early.  So as far as that is concerned, it wasn’t an issue. And really, aside from the updates, it didn’t effect Build A Niche Store users at all.

But here’s what you get with eBay alone: great widgets.

Seriously- you could build a passable store without buying BANS at all using only the widgets that eBay provides you.  However, you won’t get the same detailed, niche and micro-niches you can get through BANS.  But if your shop is meant more as a hobby than as a business, you could do worse than signing up as an eBay affiliate.

For example- here’s one of the widgets you can build through eBay:

In my opinion? The move was good. It takes a bit of exploring to find the widgets (or as they say “creatives”), links, and RSS feeds that work best for you and your site or blog, but once you do? It’s great. Not quite as versatile as Amazon’s affiliate program, but a lot more lucrative.

And best of all? You only need to reach $5 for a payout with eBay, where as Commission Junction was $24, and Amazon is (I believe) $10. The commission reporting is much more regular as well, with clicks updated hourly and purchases updated daily.  New sign ups through your link will garner you between $1 and $50 per sign up (so long as the sign up bids on an auction within 30 days of signing up) depending on the quality of your traffic.

Personally, I still prefer to build my stores with Build A Niche Store, but eBay’s in-house marketing materials are a great addition to regular websites and blogs. 

Aug
03

How Many Clicks Does It Take…

Being a beginner, and knowing that many, many people are trying to learn how to be professional affiliate marketers, I thought it would be helpful to post some of my stats.

 Now, all of my free time has been going into writing my blogs (I have quite a few), building my BANS sites, loading crafts onto eBay and Etsy, and crafting.  This should make it very clear that my affiliate marketing is only a very small portion of my time.  To be successful at it, you really need to devote several hours a day (at least in the beginning) to your marketing efforts.  I, however, do not advertise, and most of my sites have very little in the way of keywords, or, indeed, content, as my time is mostly spent elsewhere.

None the less, I’ve managed to turn a small profit entirely using BANS.  Since the program has now paid for itself in the last month, I thought I’d post last month’s stats.

So, how many clicks does it take to get to the tootsie roll center of a affiliate program? Let’s find out:

Store #1: 23 clicks = $27.55

Store #2: 64 clicks = $4.73

Store #3: 1 click = $0.54

Store #4: 19 clicks = $0

Store #5: 2 clicks = $0

 Now, that’s how many clickthroughs the stores got, not how many visitors or page views.

Store #1 had the best pageview/clickthrough/profit out of all the stores.  Nearly everyone who viewed the store clicked through, and several made purchases.  I was lucky enough to stumble upon a very, very tight niche.  Really, no one else is exploiting it, and that may be because there’s not much profit to be had in it.  However, that store is what pushed the edge in making my affiliate marketing account solvent.  There is very little content, merely a paragraph or two before each store page, but the niche is good.

Store #2 garners quite a few page views, and clicks.  Not as many purchases.  In fact, the page that collects the most search engine traffic is the one that I tacked on as an afterthought.  That page is responsible for all my traffic and profits for the site. I have no idea if the searchers purchased what they clicked on or not, but it doesn’t really matter.  The key is to get customers to click through, and then buy anything.  As long as the cookie is active on their computer, you get a cut whether they buy a yacht, or a deck of cards.

Store #3 I set up in anticipation of cornering a good niche.  And then I got bored.  That site is more or less empty, and so I use it to track my own purchases.  Since I get a cut of anything I buy through my own affiliate links, I like to keep my purchases separate- so I use that store.

Store #4 is a recent set up.  I’m not even certain if Google’s crawled it yet.  However, it’s my public store.  It’s my example of how simple it is to set up a BANS site.  It may not seem to be the most professional around, but it’s the first that I’ve paid much attention to- actually writing content for it, and designing an ok logo.  This is the store that hosts my About BANS page, which I plan to use to direct all interested parties to.  It also has a page hosting nothing but my own eBay auctions.  That’s also why I have so many clickthroughs on it, without any purchases.  This is the page I show friends in case they want to buy something of mine (since I’ll get a cut on top of the sale price).  This is the store that I don’t mind advertising around other marketers, because, really?  Who else would want that niche?

Store #5 was my very first experiment with BANS.  I set up a series of broad niches to experiment with the program.  When I deleted all my stores and rebuilt, this is the one I kept.  Mostly because I’d actually written content for it.  I don’t believe I’ve ever had someone purchase anything through this store, but that may change soon.

 See, I pay attention to the search terms people use to find my stores.  That particular store has 2 or 3 searches that turn up dead ends on my site.  I couldn’t figure out why.  So I did a little digging, and found that, strangely, what they were looking for isn’t found under the categories you would assume they’re listed under.  So I added sub pages using the correct categories and search terms.  The next time someone lands on my page looking for one of those terms- they’ll actually find what they’re looking for.  And if the price is right? I may just have a sale.

Bottom line? Well, there’s no magic number for page views or clickthroughs.  People are people, and no matter how much you pay attention to what they want, they’ll change their minds the second they’re asked to pay for it.  But in the mean time, 109 clicks produced $32.82 in profit for me. Here’s hoping to even more in August!

Aug
01

Finally Solvent!

As of Sunday morning (July 27, 2008), my affiliate programs become solvent.

Some time between checking my stats Saturday night, and my stats Sunday afternoon, someone either made a huge purchase through eBay, or signed up for an account through one of my links. That final number not only paid off the $97 that I paid for my BANS program, but also for the two domains that I’d built my BANS stores on. Yay!

So what’s next? Well, obviously I plan to enjoy pure profit after this. And once I get a few of my shops looking presentable (since, strangely, my biggest converters are the least developed of my stores- I’ve even had a purchase from a site that had nothing but the eBay link on it) I plan to build a few landing pages and start advertising.

I don’t know what I’m doing in regards to advertising, but as I’ve finally figured out how to layer pictures in my photo editor, I think I may stand a chance at actually building the ads. And since I don’t believe in squeeze pages, I have a few ideas in so far as simple landing pages.

Apr
24

Updating The Ebay Affiliate Program Is A Pain

As far as I know, I don’t have the Ebay affiliate program on anything but my BANS sites.  But, for some reason, my BANS EPN updates won’t give me a confirmation screen.  So, I’m doing it the hard way.

 I’m deleting my BANS sites and re-installing them.  Yeah, yeah.  I know it sounds like waaaay too much work. But seriously?  All my income came from two sites despite my having 10 or so.  I had very little content, and what was there is a simple copy/paste.  So, I’ll have to upload the logos again, re-do the search boxes, and change the color scheme.  Irritating, yes.  But, not so bad.  After all, the color scheme can be done at work since it’s all online.  Copy/paste could be too if I put the content into an email first. 

 Plus, I just deleted- yes, deleted- 4 or 5 of my stores.  See that?  I can’t even count them, they meant so little to me!  As I said, only two of my stores generated cash.  Some of them I may rebuild one day, but for the most part they were the broad “niches” of which I spoke earlier.  I’d do much better to start from scratch anyway.  In the mean time, making the switch, heavy as it is, for the 6 that I have left will be much easier.  And, honestly?  I may delete a few of those and simply use the content elsewhere. 

 In fact, I just deleted one.  That leaves 5 for updates, and one of those is already installed. 

 Why am I talking about this?  I don’t even know right now.  I would normally say that the lesson here is to not bite off more than you can chew, but these were sites that I’d intended to build up over time.  If Ebay hadn’t decided to move their affiliate program in house, I may have never touched these sites again.  Not even to delete.  I guess I’ll just chalk these up to growing pains.

Apr
15

Affliate Earnings April 15th

Sweet! I just made another $5.31 on my BANS sites. A few days ago I had another commission for just over $1. I’ve now reached payout (payout is $25, and I’ve reached $28.50), which means that I only have $25 left to go until my Build A Niche Store software has paid for itself.Now, I know that this isn’t the kind of money that you can live off of. I bought the software in December 2007, and it’s now April 2008. I sold the BANS software once, which gave me a $44.36 commission (the program is $97), and now the sales through the program is $28.50, leaving $24.14 unpaid for.

That may not seem very impressive to you, but I’ve mostly ignored my sites since setting them up and changing the color schemes (and logos). I find the initial building of a site to be the most interesting, and so I lose interest very quickly when it comes time to tweak and improve.  Plus, every single site is set up on a sub domain rather than on its own domain.

I also was experimenting. What constitutes a niche? How tight a niche should I have? What if Ebay doesn’t support enough products in my niche? And as a result, I ended up with some very broad sites. One for coffee and coffee related products, one for tea and tea related products, vitamins, a certain make of car, tires, collectible pins, and a particular type of classic car.

Guess which site produced the most clicks and all of the sales? Nope, not the big sites. The classic car site (and keep in mind that it was not simply “classic cars”. It was a very specific make, though I didn’t get into specific years).

Originally, I pumped most of my energy into the classic car site. I was under the delusion that Ebay’s percentage cut applied to all of their products. I thought that one sale would make me $1000 or more. I was wrong. Ebay charges a flat fee for autos, businesses, homes, etc. Yes, a commission on a single car would be nice, but not enough to justify all the time I was spending on that site.

I’m learning though. I have loads of very niche sites that I plan to build, and plan to stock with quality, original or mostly original content, and possibly a few other affiliate programs as well. One of the great things about the BANS program is that I don’t have to put auctions on my page. I can use it as a simple website template, or stick the auction on to a single page like an after thought. I can build these affiliate sites as I see fit.

And now, I’m making progress. The program is almost paid for, and once I achieve that, it’s all gravy. I may never make a living from BANS, but it can certainly help smooth my lifestyle transitions.

As far as my other affiliate programs, I’ve done better this month than usual, but it’s not saying much. I made $2.33 from Squidoo, plus $10 from selling two of my lenses (I didn’t do much with them). Associated Content, I get paid up front plus page views. The page views I consider part of my affiliate earnings, and it was about $1.50, and I’m already up to $0.77 earnings one week from that payment. I think this month will impress me with my extra earnings. That may be because many of my articles are appropriate to the approaching summer.

All in all, I’m very pleased with this month’s progress.  Once I get my BANS sites switched over to the new affiliate program for Ebay, I think these sites will really begin paying themselves off.

Mar
12

Build A Niche Store Is Beginning To Pay Off

I’ve been checking my Commission Junction account on a daily basis, anxious to catch the smallest sign of potential profitability.

Well, this past week I’ve seen a huge jump in sales from my Build A Niche Stores. Or, one of my BANS stores, I should say.

Now, before you get too excited thinking that I’m about to tell you how to make thousands of dollars a day using BANS, you have to understand that my new total is $21.19. That’s for sales through Ebay, not any other affiliate programs including BANS own affiliate program.

I first started building BANS sites in December 2007.  I have about 1/2 dozen BANS sites all together, but only two have turned a profit.  And of those two, all but one sale came from just one site.

I posted about my first BANS commission on February 21.  That $3 commission was the sum total of 6 separate sales that happened to occur on the same day.  I didn’t receive any other commissions for over a week.  Then, in March- boom!

Note that I haven’t even touched my sites in over a month.  No tweaking, no new content, no sales pushes or advertising. 

Combined with the $44 commission for selling the BANS program to a friend, my new total of over $21 in sales commissions has made my investment quite small.  In fact, less than $32 left to go to break that magical number of $97.

Feb
11

It Pays To Not Take A Break

I built 7 BANS stores over a period of about 2 weeks. Towards the end, I no longer had to follow instructions, I could simply make all the transfers and set it all up on my own.

 Then I went on vacation.  I haven’t even touched my BANS sites in approximately 3 weeks, except to add AdSense to one of them.  Tonight I decided to set one up quick and then work on it tomorrow.  And you know what?  I don’t remember a thing.

This is why it’s so important to keep up on your projects.  Setting up the program is taking me twice as long as usual now, because I have to follow the directions, step by step.  And my CuteFTP free trial ran out, so I had to pay for the full version.  And set that up as well. 

Feb
07

My Affiliate Earnings January 2008

I haven’t been trying to earn affiliate money for long. Aside from sticking AdSense on a handful of personal blogs, and the occasional Amazon link on those blogs’ posts, I’ve really only been actively working on affiliate sites for about a month. And I was away for 1 1/2 weeks of that.Still, during that time I earned a little over $1 on AdSense bringing my total from AdSense to just under $8. I earned a little under $1 on Squidoo, bringing my Squidoo earnings to $5.50 plus $1.83 Amazon commission that hasn’t cleared yet, and a few cents that are being donated to the Grameen Foundation.

Clickbank has yielded $44.36 as the result of one sale of Build A Niche Store through one of my affiliate links. That pays for nearly half of the cost of BANS, putting me out only about $50 for the program.

Commission Junction has seen absolutely no conversions, though I’m getting quite a few click throughs. However, most of those click throughs are on an item that runs between $20,000 and $65,000 (a type of car, but I’m not saying more right now). It’ll only take one conversion to pay for my BANS program 20x’s over- and cover the time and effort I put into all of the sites that I’ve currently built. Unfortunately, excuse the pun, but most clicks are just tire kickers.

So why am I talking about my “earnings” when they’re so low? Well, the whole point of this site is my effort to make money from affiliate marketing. Not only do I like to talk about what I’m doing and how I’m doing, but I want other new marketers to realize that it’s ok to not get a $1000 commission on their first day. That’s awesome if you do (and please let me know), but it’s not necessary.

Affiliate marketing is not a business that you can quit your job and be making wads of cash right away. For Pete’s sake, it can take you a full day just to build up a basic site or search out the perfect template. You certainly can’t forget adding content and checking out all of your links before starting promotion. I haven’t even begun promoting any of my sites yet (aside from linking on my personal blog) since I’m not satisfied with any of them.

But do you want to know what my biggest earner has been so far? I’m not counting my sale of BANS since I believe that was a blogging buddy who simply liked the software. It was an obscenely simple page on WordPress, designed to be link bait. It hasn’t made it as link bait, but has somehow become extremely popular in the search engines. I get more AdSense clicks there than anywhere else, and it’s one of my steadiest sources of traffic. The content is virtually non-existant, and if I ever achieve a page rank, I’m certain that the income will jump. Are You An Idiot? Click the link to find out.

Jan
20

My First Commission

I set up my Build A Niche Store account on January 11th.  I immediately set up my first shop, staying up quite late tryint to make everything “just right”.  The next day I set up two more.

For a few days, I actively checked my stats on Commission Junction several times a day to see if any of my stores had generated a sale.  I only noticed one click and a number of impressions, but no sales.  Not too worried since, of course, all the sites I had set up were brand new and probably not indexed yet.  Naturally, most, if not all, the traffic had come from my blog readers following my links.  I never expect, or encourage, conversions from friends.

A few days ago I stopped checking sales stats figuring the old “watched pot” theory may be applying.  Instead, I put myself into fixing up my started affiliate sites, and starting a few new ones.  But today, I decided to take a closer look at my stats.

 At first I was very pleasantly surprised to see that I’d had 4 click throughs.  That may not sound like much, but I believe only 2 or 3 of the shops are currently indexed, and the cookie Ebay places on the clicker’s computer lasts 30 days (meaning anything they buy through Ebay for the next 30 days will give me a kickback).  And that’s not taking into account that one of my niches has an extremely high price point.

And then I remembered.  While BANS is intended to earn affiliate money on Ebay sales, the company itself offers its affiliates a nice cut of their purchase price.  I logged into that account and had a wonderful surprise- just over $44 was sitting in my account. 

That cuts my total investment by about 1/3.

What a great start only 2 days after signing up!