Thursday, May 8, 2008

More Problems

I have been sick for the past three days and haven't accomplished anything. When I finally was well enough to check out my arbitrage campaigns I found out that I had not correctly entered my AdSense ID on one of my sites that I had been running an AdWords campaign for. So I had a bunch of traffic and no compensation. Nobody's fault but mine! I got that fixed today, made more than $1 with 2 clicks. I have a CTR of more than 40% on my new campaign. But I also tried to bid more on some keywords on an old, profitable campaign and ended up losing money. Lesson learned don't fix it if it isn't broken.

One thing I did notice was that when I first start a campaign my keywords tend to all be poor quality and require more money to activate them. I don't know if I just leave it alone if eventually I will earn a better quality score through the content network or if my keywords will remain poor and inactive unless I raise my bids. Only one way to find out. Trial and error.

Since I wasn't paying attention to my campaigns I have gone back to the negative side. I have spent about $4 more than I have earned. I have to stop letting this happen. There are a few ideas I have in regards to improving my income. One is to keep creating new campaigns and finding out which ones are making me money and the other is to continually improve the campaigns that I already have. The last Idea would be to mix these two ideas, but I need some parameters by which to measure my success.

I don't have a cookie cutter system set up yet but I am working on it. For now, since I am only running two arbitrage campaigns I will continue adding campaigns, at least one per day, until I am continually earning more than I am spending. I will limit my spending to $0.10 per click on all campaigns. I will also be using the content network which I hope will get me impressions and clicks even though I am not getting search traffic. I am going to go through the AdSense Arbitrage Case Study again and also the HyperVRE Case study and get some more ideas.

I haven't used HyperVRE very much but it is free and it can make websites pretty fast. I would like to use the websites I already have and see if I can't start generating a decent income from them, then, once I have enough money coming I can retire from my day job and dedicate more time or resources to other methods of generating online income. I think that is enough for today!

Monday, May 5, 2008

Things Are Starting To Work

I have found a profitable niche for the AdSense Arbitrage method. I am consistently earning about $4 per day. It is not much but it is a start. I am currently looking for another similar niche. $4 a day isn't going to get my bills paid so I need about 100 more of these sites and I can retire from my day job.

I have spent a huge amount of my time learning about internet marketing. I have tried and am currently trying many things to get money flowing in rather than out. I have one profitable site. It is a start. $4 x 30 days = $120 for a month in profit. That pays for my hosting, my autoresponder, and leaves a little for re-investing.

I am going to be putting up one site per day and setting up an AdWords campaign for it. It doesn't take too long to do the keyword research, set up a site and make an AdWords campaign. By liniting myself to one site per day I am allowing time for going to the gym, house cleaning, time with my wife, and a few extra curricular activities.

A couple of weeks ago I was spending every extra bit of time trying to get something to work and make me money online. I burnt out quick. I was always grouchy, tired and anxious. I wanted to quit my job so bad and I couldn't get anything to work. Now that I am limiting my online work time I feel better, and when I am generating enough to retire from my day job I won't have to spend any more time than I am now on making a living. I will have created more time for myself by working less!

Anyway, I guess I should give more details as to what I am doing to earn money so that you can copy me and do the same...

I have to go for tonight but I will be back and I will reveal some of my methods. What I am doing and what I've gotten rid of. Come back soon!