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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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12-01-2005, 07:15 PM | #1 |
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BUSINESS: stuck at $70/day how to boost to $200-300/day
Okay, so I'm stuck at $70 a day sometimes I tap out at $100 a day but it's usually 70..
What steps did _YOU_ take to boost your income to the $300/day range? My traffic is small and niched but it works, clearly. Growing traffic could get me to a steady 100/day and I plan to launch another site later this month.. But I'm wondering about what paths you took. This thread doesn't apply to program owners or up sellers only straight affiliate marketers... Although your wisdom is always appreciated. |
12-01-2005, 08:04 PM | #2 |
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bump for you. shame this is rare on gfy, a business thread.
msg me if you would like to chit chat about anything, i'm sure we could work something out and I could give ya a few tips. icq in sig
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12-01-2005, 08:07 PM | #3 |
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My best advice is to learn about all types of traffic. Not only do you need to learn how to focus on TGP traffic, but minor SEO knowledge, some blog traffic, some free site submittions and some mgp traffic will really help to boost your income. Specializing in 1 thing is great, but being a jack of all trades is where the money really is.
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12-02-2005, 01:42 AM | #4 |
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Maybe not exactly what you were asking for, just a word of advice of what _NOT TO DO_
Do not go sponsor hopping, from one hot thing to the next big thing. Just like 100s of others. They end up throwing all their energy in new marketing campaigns hoping to finally strike gold, just to end up dissapointed and whine how everybody is shaving them. If you're an affiliate, try to build up recurring income with a AEN/AVS. That's the closest you can get to your own paysite with minimal (no) capital investment.
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12-02-2005, 01:44 AM | #5 |
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Plain and simple. Scale your business. Whatever you do now, do it twice or three times as much. Usually works.
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12-02-2005, 02:04 AM | #6 | |
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Millions of businsses are driven into bankruptcy with this strategy. It only applies under very specific conditions in my experience, usually because you can not scale most things in a linear fashion. Resources (websites, traffic, employees, contracts) usually are not "linear", i.e. twice of the same won't make twice the money.
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12-02-2005, 02:18 AM | #7 |
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what ever you are doing to make 70 perday with umm
Repeat it and engineer faster ways to do it.
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12-02-2005, 02:33 AM | #8 |
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My best advice... Ask on OTHER boards.
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12-02-2005, 02:36 AM | #9 | |
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12-02-2005, 02:37 AM | #10 |
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Add PayServe to your lineup.
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12-02-2005, 02:58 AM | #11 | |
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Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager |
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12-02-2005, 05:26 AM | #12 | |
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Whitehat is for chumps If you don't do it, somebody else will - true story!
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12-02-2005, 06:08 AM | #13 | |
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Sounds like textbook reasoning found in many MBA books. According to this everybody (!) could earn endless amounts of money by finding an actvitity that has a return of $1 per unit and multiplying it endlessly.
As I said, this mindset drove many businesses into ruin. They tried to substitute the lack of a thorough business model with high volume output. A bit later, high costs are the ghosts coming to haunt them. They end up sitting on high revenues, high costs and heftly operational losses = negative cashflow. Then what good is the discount your hosting company gives you because you burn 5 gigabit? My advice to the fallenmuffin: Do not try to scale without using your head, especially if it comes at a high cost (i.e. buying traffic without a sound understanding what trafficsources make you money, taking on staff etc.). Try to use your most useful resource (i.e. your own time & brain) in the most effective manner. Try running different sites/projects, see what makes you most money and drop the low ROI projects in order to focus on the higher ROI ones. Quote:
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12-02-2005, 06:47 AM | #14 |
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bump for you! ;)
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12-02-2005, 06:48 AM | #15 | ||||||
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12-02-2005, 06:50 AM | #16 | |
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12-02-2005, 06:56 AM | #17 | |
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you and i think alike.. duke
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12-02-2005, 07:27 AM | #18 | |
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I don't know your background, but education is the key - and networking, which you've started here. Continue the networking and if you are able to make it to a top newbie friendly event like the Phoenix Forum and the Cybernet Expo plan to meet up with some of the people you establish relationships with on the boards so you can have some real conversations.
Find real people at the shows, like Kath Blackwell, Kevin Godbee, Raven, Rainey and Hammer who can really be approached and will give you the straight scoop. Read everything you can on traffic - there are terrific archives on a couple of resource sites and ours are searchable - and you never know where you'll get your next best idea. There are always detractors... Quote:
Keep asking questions, and remember one of my favorite industry quotes - Morgan Sommer from CyberSocket - "Make Friends, and You'll Always Have Traffic."
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12-02-2005, 08:26 AM | #19 |
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Do what ever you are doing now, 3 times.
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12-02-2005, 08:31 AM | #20 | |
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12-02-2005, 08:32 AM | #21 | |
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12-02-2005, 08:36 AM | #22 | |
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12-02-2005, 08:37 AM | #23 | |
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12-02-2005, 08:42 AM | #24 | |
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12-02-2005, 08:44 AM | #25 |
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find a FEW good recurring programs with exclusive content and with frequently updates and build up a huge recurring database. It will take some time, but you will love it
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12-02-2005, 08:45 AM | #26 | |
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12-02-2005, 08:47 AM | #27 |
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One thing I've noticed:
It's real easy to get excited about everything. What happens, usually, is projects are started and half completed, which will result in negative energy and no revenue. Pick something and stick with it, no matter how tedious it seems, until it's a stable revenue stream. A solid foundation is essential. Do not move on to other projects until you've got positive cash flow from the first.
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12-02-2005, 08:47 AM | #28 | |
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12-02-2005, 08:47 AM | #29 | |
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12-02-2005, 08:48 AM | #30 | |
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12-02-2005, 08:49 AM | #31 |
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I'm not saying how long it will last thought . What I've learned in this business is that you need to diversify, always have a backup plan for when shit hits the fan, and everybody start doing what YOU'RE doing right already.
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12-02-2005, 08:50 AM | #32 | |
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12-02-2005, 08:54 AM | #33 | |
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The point is not if it's $30 a day, $300 a day or $30k a day. That's entirely unimportant. You say "$300 a day is doable". What if I tell you "$50k a day is doable", does that help you? It's a trivial statement.
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12-02-2005, 08:56 AM | #34 | |
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12-02-2005, 08:57 AM | #35 | |
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300 a day can EASILY doable just duplicating what you already do ... do more volume. 50 000 a day isn't. Thus it wasn't a trival statement. You can't do that for ever, but reaching 300 a day is very possible in this industry. Now stop beeing a pain in the ass please. 300 a day is doable duplicating your gallery work, your SEO work, making more blogs etc etc. If a formula is good, you can duplicate it. 50 000 a day isn't ... there is no way you can make 50k a day duplicating your owrk. Now getting to 1000 a day with the same formula might be a lot harder.
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12-02-2005, 08:58 AM | #36 | |
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12-02-2005, 08:58 AM | #37 |
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I would like to nominate David - Pg for "Best New Poster In A Long Ass Time" considering he joined in 2004 kinda shows everyone how in dire need GFY is of good business threads and advice.
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12-02-2005, 09:01 AM | #38 | |
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12-02-2005, 09:02 AM | #39 |
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Basicly what you are saying is ...
If you are making a 100 a day from galleries on a 50 bucks investement, don't try to invest more money, and submit more galleries, you will fail. NOT TRUE. Just don't put all your eggs in one basket. Reason why it fails is because there are a lot of trends in this business and it moves very quickly. What was good for today don't mean it's gonna be good tomorrow, and what was good yesterday definitly isn't good today (most of the time). If you can think outside of the box, bring new ideas, then it's possible |
12-02-2005, 09:02 AM | #40 | |
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12-02-2005, 09:03 AM | #41 | |
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You just gotta do what you gotta do... don't count the hours, because if you do, you'll always end up short on something in the equation... invest the money you got to invest, even if it's a risk (just think rationally). |
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12-02-2005, 09:30 AM | #42 | |
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Have you ever run a business? You sure don't sound like it.
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12-02-2005, 09:33 AM | #43 | |
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12-02-2005, 09:42 AM | #44 | ||||
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I forget whom but someone on YNOT probably said it best... "slow down" which ironicly I've only sped up since then, lol. Quote:
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12-02-2005, 09:44 AM | #45 | |
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You make ZERO sense. Tell me who is making 50 000 a day in this business ? Very few people, and thoses who are doing aren't posting galleries on thehun. I'm taking 300 a day because of the topic. 300 a day is midly EASILY doable in this business with some work and good business sense. For 50 000 a day you need to be a fucking genious |
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12-02-2005, 09:45 AM | #46 | |
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12-02-2005, 09:47 AM | #47 | |
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12-02-2005, 09:47 AM | #48 |
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And about the "have you ran a business" comment, please keep thoses personal attacks to you, because I've been arround for much longer then you.
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12-02-2005, 09:48 AM | #49 | |
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12-02-2005, 09:50 AM | #50 | |
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Diversification has always been the name of the game. But the pie is shrinking. You have to have one hella of a kick ass product (BangBros), great new software (NATS), etc... to really capture the market. Just having alot of traffic doesn't neccesarily mean you are making any money. This is the biggest change from 2000 to now. |
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