It is possible to make money with very little cash. Use Google Adwards.
The first step is to find some products that you want to sell without maintaining an inventory. You can do this by becoming an affiliate marketer. That is by-and-large a web based idea. An affiliate has a web page given to them be a company for free. You advertise the product or somehow promote it on the web and they give you a commission each time you someone buys something.
The best way to find products for which you can be an affiliate is to find an Affiliate Program Provider like http://clickbank.com They are actually the best because they have in their stable only companies that sell software. Why is this good? Because software makers give the highest commissions. Why is that so? Because once a program is written it costs virtually nothing to distribute it if it is all digital, meaning it can be downloaded from the web.
It is better to find a niche (as usual) that to go for something too broad. I represent three companies all related to public records. One finds government records, one military, and one criminal. Go to Clickbank and click into “Marketplace,” and look for Public Records and see what comes up.
How does that translate into income through AdWords? Simple, I hope. I’m now experimenting with it myself. First find some products and then open an AdWords account which only costs a one-time-fee of $5.00.
Then some time is involved. First listen to all of the lessons at Google AdWords learning center: http://www.google.com/adwords/learningcenter/#section1 As you read the lessons you’ll learn about display and destination URLs. By using Clickbank you will see that there is no way to get the two to match (You’ll learn about this as you hear the lessons) Don’t let this bother you because you can start a blog and use that as a landing page – then have a link on that page to your affiliate page.
Next try to budget a dollar a day for your campaign. (You should be able to squeeze that much out of your SSDI monthly income) Then bid $.05 for each click through. Statistically conversion rates are about 2%. That means how many people buy your product vs. how many view your page. So at five cents a click-through at $1.00 a day budget that will amount to 20 click through’s a day. So…it will take 5 days to get 100 clicks. That will cost $5.00 total. If two percent buy your product at $20.00 commission per sale that is “$35.00 profit in 5 days. Keep reinvesting this to increase your daily budget which will increase your sales which will increase your income.
Sounds simple. I’ll try it and let you know how I make out. Why don’t you try to too and tell me how you make out? Until next time…
Tags: adwords, disabled, google, handicapped, work at home
