March 25, 2010

First Day of My First Serious Affiliate Site Launch: 320 hits, 187 Twitter followers, 50+ backlinks

I’ve been dabbling around with internet marketing in my spare time now just to see what potential it has as a source of passive side income. It turns out what all those online money making guides talk about is true, but there’s one big catch. You must be the one offering the unbeatable products, once in a lifetime offers, and incredibly exposing secrets, not them! They make money by teaching you how to make money.

With a bit of creativity and SEO know-how, its not that hard to make a site that generates R50 a day. Multiply that number by 10 or 20 websites, and you start getting some serious moola. Thats what I did with this first serious affiliate site of mine. I really hyped it up, shared it and linked to it, and in the first day I received unprecedented hits.

I am not going to reveal what my site is about just yet, since I know tons of other affiliates will get on board once they know. Suffice to say, it does work, and learning about affiliate marketing is basically free. You don’t have to pay large chunks of money to learn about it, even though you need to pay for the really good stuff that many affiliates don’t know or don’t have access to. One of my favourite blogs for this kind of thing is ViperChill. I was so intrigued by the site that I did an interview of the guy thats running it.

The way I see it, online success of a great idea is an evolutionary process:

Stage 1: Some guy discovers a great way to make money

Some new and innovative way of doing something online is discovered. The guy coins it. Big time. He is first to market, and tries his best to keep his new found idea a secret. But eventually his friends find out, and they tell their friends.

Stage 2: Viral spread

The lucrativeness of the idea rapidly diminishes as thousands of spammers and scammers come on board with their own twists. The guy(s) from stage 1 have already made their bucks, and see a massive dip in profits.

Stage 3: Readily available public info, “guides”, “how-tos”

The idea becomes very widespread, and laymen start coming into the picture wanting to make money with this “new” fascinating idea. Unfortunately, they succumb to the excellent landing pages of guides and tutorials on the topic, and end up spending much more money than they will eventually earn on the idea. This is actually a secondary market stemming from the original idea, which is massively lucrative by itself.

Stage 4: Innovation and stagnation

Two things start happening here. The original idea stagnates, and even “how-to” guides become pretty lame. Since so many people know about the idea, a spark of innovation usually occurs which creates a new spin on the concept, bringing everyone back to stage 1.

Sorry about this brainfart, I just had to get what was in my mind down into this blog :) Any thoughts?

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One Comment

  1. Ivan Serwadda April 7, 2010 at 12:05 pm

    Hey bud… Interesting thoughts. Can I rake your mind a little? How do you nip the stagnation in the bud? Let’s take some really well known web ideas out there… Google, Facebook, and say Twitter (yes, the obvious ones because I’m a noob)… These are all pretty good ideas and are also ideas that aren’t incredibly difficult to implement. How come there aren’t droves of similar websites out there getting the same attention, and making the same amount of money? Is it the media coverage they receive, and the hype surrounding them that keeps them going?

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