The magic Formula 2 make $$DollaR$$ online

Magic Formula = Affiliate Systems + Google Adwords + Website = $$$ !

Is this a magic formula? The Holy Grail of all Internet Moguls?

There is a lot of talk going on in the online industry of how people are making thousands of dollars by adopting a ingenious combination of Affiliate System providers, Google Adwords, and a website. You don’t need to even have a product of your own!

These ebooks claim to have stumbled upon a interesting money making system that anyone with a little bit of effort and time can create and then set on auto-pilot and watch the cash flow in through monthly checks.

Here is a brief on how this is claimed to work –

1. Sign up as a website owner on an Affiliate System like ClickBank.com

2. Select fast moving and popular products that third party merchants have put up on Clickbank for affiliates like you to choose from and sell and earn commissions of. Here are a few hot selling online products. – list products here small list (For a larger list, refer to the end of this document).

3. Display these products on different pages within your website by using the tracking code provided for each product by ClickBank. The key is to identify 1 to 3 products and focus on them. Don’t go overboard and start selling 20 different products. Focus!

4. Goto Google Adwords System and sign up with a minimum $25 account. Look for low CPC per-click keywords (or non-competitve keywords) that match and target each of the products you have put up on your website, and create an ad to be shown in the search results or on relevant targeted websites.

Note: Your ad on the Google Adwords Network is basically advertising a third party product or service - that you have selected from Affiliate System provider Clickbanks 11,000+ database of products made available by other third party Merchants.

5. Play around with this system a lot – until the amount you spend for traffic coming to your website from your ads on Google Adwords, is lower than the commissions you earn when this traffic eventually makes a purchase on the ClickBank redirected Merchant websites.

Here is an example:

Lets say you pay $0.25 per click on your ad (showcasing a third party merchants product) on Google Adwords.

Now, lets say - out of every click on this ad, eventually only 1 out of 100 people end up eventually clicking onto the merchants website and purchasing this product – that is valued at $100.

Now, for this product Clickbank gives you 50% revenue share. That means you make $50 per sale.

Since, you have spent $0.25 x 100 visitors = $25 on Google Adwords to draw in this traffic, and you have earned $50 commission … this means you have made $25 profit!! Which is not bad for not having manufactured anything at all!

The trick here is, identifying products that have –

• a high conversion rate (sale per visit) on the affiliate network (eg. Clickbank)
• a good/high commission paid to you by the merchant (through ClickBank)
• a low competing cost-per-click on Google Adwords OR an efficient enough CPC rate that eventually results in a positive profit flow.

A few books that are written about this system (and how to optimize Adsense and Adwords) of generating auto-pilot income are -

Adsense Secrets - What Google Never Told You About Making Money With Adsense - By Joel Comm

Google Advertising Tools Cashing in with AdSense AdWords and the Google APIs - By OReilly

Google Cash - Chris Carpenter

The Definitive Guide to Google Adwords - Perry Marshall

Marketing - Adsense - Marlon Sanders

Unprotected - Google Adsense Secrets - Joel Comm

Now, here’s the good news.

I’ve spent a lot of money and effort to buy and read these books. In the next few months I will essentially summarize the jist of what all these ebooks are saying and post them on this website. There is some truth in these systems and one could possibly use them, if they stumble upon a subject and keywords that produce just the right balance of excess revenues generated to money spent on traffic.

Keep your eyes open on the blog topics for more. Better still, subscribe to the Blog RSS Feed (the RSS link on top).