Make money with AmazonHow to make money with Amazon
October 25th 2010 01:32
Sorry for the non posting as I was busy working on my new Amazon sites. And yes, making money online is a lot of work. Do not let all the 'gurus' fooled you into thinking that you can make 10,189 in 24 hours. You simply can't if you are a beginner. Sure, somebody like Griz can use niche marketing to make almost 10,000 in 8 days but that takes a lot of experience. For the rest of us, it wil make almost 6 months to a year to understand how everything comes together. How to use long tail buying keyword to target the buying crowd. Where to source for effective backlinks that can make your site rank high in the SERP. How to produce content fast if you are not oursourcing etc. All these questions will be covered in the months to come.
So, back to making money with Amazon. Last month, I was busy making all sort of niches using Amazon products because I am just learning how to make money with it. Amazon works quite different from Adsense which is where my past experience lies. For amazon, I need to figure out a number of things like layout, how to pick the right keywords for products etc. All these are new for me as well.
One of the key findings over the past month is that you need a lot of traffic to make sales. Since Amazon doesn't pay you for clicks, you need more traffic to increase the sales. For adsense, you need to figure out just the click through ratio for your site to the ads. For amazon, you need to figure out not only the click through but the buy ratio once the people get to the Amazon page. It is a two pass game so that conversion will be lower than adsense. That being said, the commissions are definitely higher if you target high price products. I find that for my sites, the best range is between USD50 to USD150. Anything lower, your commissions will be low. Anything higher and you will get a much lower conversion rate.
I have lots more to say but I want to finish up my experiments first before reporting my result. See you guys in a couple of weeks.
So, back to making money with Amazon. Last month, I was busy making all sort of niches using Amazon products because I am just learning how to make money with it. Amazon works quite different from Adsense which is where my past experience lies. For amazon, I need to figure out a number of things like layout, how to pick the right keywords for products etc. All these are new for me as well.
One of the key findings over the past month is that you need a lot of traffic to make sales. Since Amazon doesn't pay you for clicks, you need more traffic to increase the sales. For adsense, you need to figure out just the click through ratio for your site to the ads. For amazon, you need to figure out not only the click through but the buy ratio once the people get to the Amazon page. It is a two pass game so that conversion will be lower than adsense. That being said, the commissions are definitely higher if you target high price products. I find that for my sites, the best range is between USD50 to USD150. Anything lower, your commissions will be low. Anything higher and you will get a much lower conversion rate.
I have lots more to say but I want to finish up my experiments first before reporting my result. See you guys in a couple of weeks.
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