10,000 Euros/Month August Summary

This is the first update to my plan to make 10,000 euros per month blog post. It has passed nearly one month since, so I want to give an update to how things are going on my side.

The first business I started is about niche marketing with mini sites. Basically I create a website around one topic with many articles. People find those articles from search engines and I sold them a product after they benefit from a free mini course.

In this market the product must be something that really helps customers, in fact  I always offer a 60 days money back guarantee in the case they are not satisfied. My goal anyway is to always provide useful information.

The second business I’m in is PPC marketing. In this business I buy traffic from Adsense to other people’s product. If they make a sale, I get a commission.

What I did in August

Niche mini sites: I created two websites and hired a guy to create articles for them. I’m still learning the process but my biggest goal right now is to drive traffic to them. For this purpose I try to do a lot of articles creation, especially to ezine directories.

When I’ll reach an average of 100 visits per day I’ll focus more on conversion and sales page.

My biggest mistake this month was to choose a niche that is currently seeing a big raise in competitions. I had 0 sales.

PPC Marketing: I did this for 5 days. I found a product that was converting well and I was making a 30% profit in the first 2 days. Then I made the error of choosing the wrong keywords for the wrong prices and I ran out of budget. I have spent like $350 and earned $300 but I have learnt a lot during the process.

Lessons learned

The first thing I learnt is that I need to put a lot more focus around the business and I need to plan in advance for activities to do. The second thing I learned is that it’s hard to get traffic from google, but it’ll eventually come, in fact I am in the first position for one keyword in just under a month, even if that keyword will probably drive only 100 visitors/month. The third thing I learnt is that you don’t get paid the same week you make the sales from affiliates, and with my PPC Marketing I had to stop because I needed to wait for my payments to arrive in order to invest more. I also learnt that it’s best to promote something that you really know and that you would personally recommend to your best friend to produce greater results.

Plans for September

In this month I would like to see an increase in traffic by inventing some marketing tactics and promotions. I also want to create 1 or 2 websites, each one promoting a product I know and like. If my checks from clickbank arrives, I’m also ready to continue with my PPC campaigns.

Posted on September 05 2009

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