Seanology

Making Money Online – Information, Ideas, and Reviews

Archive for October, 2007

Friday
Oct 26,2007

If you haven’t already heard about WidgetBucks, I will give you a brief overview. The topic of who they are and what they do has been covered in detail in the blogosphere. Basically, WidgetBucks is another ad network that you can add to your site to earn a little extra income.

The cool thing about WidgetBucks is that you are promoting products for sale, however you are getting paid per click instead of paid per action (purchashing the product). You can also earn money by referring people to WidgetBucks. New users get an instant $25 just for signing up!

Here is a WidgetBucks example:

WidgetBucks - Trend Watch - WidgetBucks.com

I am going to give this a try and replace the AuctionAds I have running on my popular website. I will post later as to why I am replacing AuctionAds, but basically because it is not performing well this month for me.

One last note, I signed up using a referral link of one of our readers 🙂 This means for everything I earn on this program, this person will get a percentage paid back into their account. All this for free because they read my blog and simply asked nicely if I would sign up using their referral link. It pays to read Seanology.com!

Thursday
Oct 25,2007

It seems as though Google is at it again! It has been widely publicized that yesterday major blogging and news sites (and others) received a reduction in pagerank. The speculation is that Google is looking for people that are selling text links on their sites, which they apparently frown upon. Here are a few major sites with noted changes:

  1. Problogger – 6 to 4
  2. John Chow – 6 to 4
  3. Washington Post – 7 to 5
  4. Forbes – 7 to 5
  5. Engadget -7 to 5
  6. Seanology 0 to 0 (at least I didn’t fall!)

The real question is, should you care? Well, if you are doing all the right things on your site then the answer is no. Pagerank is a made up number from Google that they control. What you should really be concerned about is if your site has traffic, return visitors, and if it is performing up to standards. None of this should be controlled by pagerank. Of course, DoshDosh has a great post entitled: Google PageRank Doesn’t Matter. Can We Stop Talking about it Now?

Has your site been affected?

Monday
Oct 22,2007

Here is a little update on my affiliate marketing experiment. As you might remember from my previous post, my first campaign didn’t go so well. So I tried to refine a few things and take another shot at it.

The key to being successful at this technique is constant monitoring. What might be working one day may not work the next. Why? Because competition is always changing. You could have someone bidding on the same affiliate domain, thereby increasing the bid amount you have to pay to have your ad shown. Or there could be increased competition on your converting keywords. In either scenario, you must constantly watch your metrics.

For this second experiment I chose to promote another Clickbank product using Adwords ( )while sending them directly to the affiliate offer. This particular product pays out $26.29 for each completed sale. That gave me a little room to try and play with keywords and such to figure out what would work.

So, what were my results? Well, in the end I lost money again! 🙁 However, I feel that it was really my own fault because I ended up neglecting the campaign due to other work obligations. But I was doing pretty well to start with. Here is a spreadsheet of what went down:

Adwords and Clickback Results

Those last couple of days I tried to experiment with increasing my CPC in order to get my ad shown higher in list. It ended up burning up a quick $18.00 with no return! It was then I stopped the campaign as I was not committing the proper time to managing it.

What I learned from this experiment is 1) You can DEFINITELY make money simply sending traffic to affiliate sites using Adwords (you don’t even need your own website) and 2) You must be committed to monitoring your campaign.

The one thing I do know is that you can greatly increase your ROI by having your own website landing pages. But of course, that takes time to build. . . I am going to do this for the next iteration of this series as I already have a domain name picked out and some ideas flowing. I just have to get the time committed to make it happen!

Friday
Oct 19,2007

Have you seen this site yet??? This had me on the floor laughing! It is a parody of two of the greatest online internet marketers John Chow and Shoemoney. Check out the hideous picture of their evil spawn!

The Birth of an Evil Marketer With Skills to Pay the Bills | ChowMoney.com

This is a great example again of viral marketing. Although the site is new, with a few big link backs on prominent sites (mine isn’t there yet 😉 ), this could become something relevant. Which of course means making money (or making cents in Chowmoney’s case!)

Wednesday
Oct 17,2007

If you have already been in the affiliate marketing game for a while, you already understand the benefit of collecting emails and creating campaigns for your interested members. If not, let me explain a little bit.

One of the best ways to make sales is to target exactly those people that are most likely to buy. Let’s say you have a site about vegetarian recipes. Maybe you create a newsletter that sends out a new recipe directly to subscriber’s mailboxes once a week. This is a service they are requesting of you and are glad to give you their email. So how do you capitalize on this? You provide relevant helpful offers to them as well in the newsletter.

Hydra Network Affiliate MarketingRecently I joined an affiliate network called Hydra Network. The beauty about Hydra Network is that they provide excellent offers that are suited especially for email lists. In other words, there are offers that you can include in your newsletters (and also websites and PPC campaigns if you wish) that convert well. Offers are constantly changing too, so there is always something new.

One thing users love is getting something for free. Here is an example of an offer to receive a $500 gift card for filling out some basic information and participating in surveys and sponsor offers.

Want great food free? (participation required. see below for details.)
Your choice – TGI Friday’s® or Chili’s®. $500 gift card.

Get a $500 gift card to the restaurant of your choice – TGI Friday’s® or Chili’s®.

Inner Concepts, Inc | 297 Kingsbury Grade #D | PO Box 4470 | Stateline, NV 89449-4470To receive the incentive gift you must: 1) register with valid information; 2)complete the user survey; 3) complete at least 2 Silver, 2 Gold, 2 Platinum offer; and 4) refer 1 unique household(s) that also complete these requirements. Purchase may be required. Please read website Terms & Conditions for details. Upon completion of all requirements, we will ship the incentive gift to you with free shipping.

GreatFood4Free is an independent rewards program for consumers and is not affiliated with, sponsored by or endorsed by any of the listed products or retailers. Trademarks, service marks, logos, and/or domain names (including, without limitation, the individual names of products and retailers) are the property of their respective owners. Copyright 2006 GreatFood4Free.com. All rights reserved.

Then all the user needs to do is submit their email address on the first page for you to get paid. It really doesn’t matter if they follow through with all of the requirements as your incentive is to get them to submit their email address. Upon completion of the first page, you receive $1.30 from each participant! So let’s do some quick math: if you have a list with say 10k subscribers and you send out this offer in your newsletter, I would say there is a good chance you can get 1% to fill out the form. 1% would equal a profit of $130.00! That wouldn’t be too bad for 5 minutes worth of work.

Monday
Oct 15,2007

“What would happen if every blog published posts discussing the same issue, on the same day?” That is the exact question that is being asked on Blog Action Day.  Today is designated as a day for all bloggers to take action and blog about the environment.  If enough people participate, a new awareness will be formed.  It is also recommended that bloggers donate todays earnings in full to an environmental charity.  I will do this if I make any money today!

While I can’t say that I follow all the environmentally friendly rules, I do try my best.  To my credit, I do all of my banking online as well as request as many statements and bills as I can to be delivered electronically (even though it’s a pain to reconcile a bank statement from an image).  We also recycle as much as we can at our house.  I have even thought of requesting a second bin as we seem to have it filled up every week a couple of days before pickup.

I love nature and the outdoors and will be thinking of more ways to help save the environment.  Please tell me how you are contributing, and if you have a blog please post about it!

Friday
Oct 12,2007

Since Google bought YouTube a while back, it was only a matter of time before they leveraged the video technology to integrate with their existing money maker business model.

Here is a quote from the email I received announcing the new format:

We’re excited to announce video units, a new way to enrich your site with quality, relevant video content on an embedded, customizable YouTube player. With video units, you embed a snippet of code and have relevant YouTube partner content streamed to your site. You can choose categories of video to target to your site, choose individual YouTube partners, or have video units automatically target your site with relevant video. Companion and text overlay ads displayed in the video unit are relevant and non-intrusive. If you have video content of your own, you may even be able to sign up as a YouTube partner to have your content distributed to other AdSense publishers’ video units.

Without further adieu, here is an Adsense video unit!

I think I may try this on my Tiger Army website and target music videos and see how it produces. Anyone else ready to try out this format?

Thursday
Oct 11,2007

Ok, this is sort of off-topic, but hey, it’s my blog anyways 😉

If you are a musician you will find the following collection of videos frickin’ hilarious! Just pick one and listen and watch and tell me how much you laughed in the comments.

http://www.youtube.com/profile_videos?user=StSanders&p=r

Since we are a money making blog I can add some commentary here. If these were my videos, there might be a good chance to make some money off of them. Some of these have over 100,000 views each. How easy would it be to embed a URL overlay on these videos or add a frame at the beginning or end with a URL on it. What you would try and push? How about guitar lessons!!

Wednesday
Oct 10,2007

It’s very exciting to see your thoughts and ideas embraced and posted by one of the leaders in making money online.  DoshDosh is an authoritative, well thought out blog about making online.  Recently, DoshDosh made a post entitled The Best Way to Make Money Online: Participate in Dosh Dosh’s Group Survey challenging their readers to tell the best ways we have found to make money online.  I chose to participate in this group survey myself.  DoshDosh then posted a follow up article entitled 63 Constructive Opinions on the Best Way to Make Money Online.  This post highlighted all of the great responses and gave links back to our websites.

 Check out #28!! 🙂

Getting a mention on a blog like this, and a link is a very positive experience.  Thanks DoshDosh for letting us all participate!

Tuesday
Oct 9,2007

I am sure you all are waiting on baited breath to find out how much my blog made last month during my first 20 days of blogging. I hope you all are well prepared for the shocking news to follow . . .

Seanology.com made $0 last month!

Well, this means I can only go up, right? 😉 Anyways, the purpose of this blog isn’t really to make money in and of itself, it is highlight techniques and give tips to winning in the Adsense and affiliate marketing game.

To give you a little update on some of the case studies that I have presented forward, I did make a little money (and October is shaping up to increase as well). First off, I have highlighted my Tiger Army case study in Part 1 and Part 2. As you may recall, I bought the site for $10 and redesigned it. Well, in September I made $1.67 from Adsense! This is a small success 🙂

In my other experiment, I added a search box to one of my sites to try and get a few extra dollars a month. I installed that on September 24th and it earned me $2.04 for the 6 days it was running.

I know you are all gasping for air at my riches 😉 Actually, I make a fair share of money on a bunch of sites I haven’t mentioned yet, but these are the ones I have highlighted and have shared so far. Continue to read the blog to learn more of my stories!