Saturday, October 02, 2010
Planet Entrepreneur
Greetings!
This is first time I have written a guide/report. I have always enjoyed writing and with the wonderful world of the internet I thought I'd share some inside secrets into a lucrati and relatively unknown market niche.
ve
A little bit about myself, don’t worry, I’m making it short and it has something to do with the actual report.
Incentive Marketing:
I started out in the end of 2005, built my first IM(internet marketing) site. The idea was basically this – I offer adsense sites to the users and install them to their hostingaccount – ONLY if they signed up for hosting under my affiliate link. This idea struck me – The user benefits – he gets something for free ( the sites and installation) and obviously needs hosting for that item, I win – I make a cool $100 commission per signup, the hosting company wins – they get a customer for life. It’s a win-win-win situation.
I bet you have come across MANY such sitesbynow –well,actually I quit that technique because there were a LOT of copycats overusing the technique that got the hosting provider worried. Was that successful? Heck yeah! I made 5 sales the first day of launching an adwords campaign for the site. That translates into $500 in commission for $80 spent on adwords and yahoo.
I got very excited and started using content network and got more clicks and more sales – then the relatively new technique got picked up among webmasters and a ton of similar sites came up. When I quit after 2 months I had made around $4000 in profits. After my big initial success with this method of offering ‘Incentives’ for user to sign up for my affiliates – I never try to re-invent things. This works and I started thinking “outside the box” as I tried many products, affiliates, etc. and achieved relative success.
Now that you know what an Incentive is and how it works, I’m sure you will come up with a ton of ideas to monetize this.
How I did it – technically?
That was the tough part. I needed the visitor to email his receipt to me then I wouldcheck with the merchant for a sign-up and then delivered him the product. I tried automating this process, but failed due to my poor PHP knowledge.
The downside of manually sending products/fulfilling services is that the user needs something instantly and loses motivation to wait for someone to fill the order after verifyg.
in
So what is the ‘Technique’ actually?
You asked for it – here it is – ‘TrialPay’. Trialpay is a payment processor just like paypal or clickbank that processes orders and automatically delivers the product to the user on completion of the transaction.
The best part is – The visitor doesn’t have to pay money or use his credit card details to complete the order!
He needs to choose from any of the available free offersand then he gets the product – how cool is that? It’s basically a payment processor and an incentive affiliate network built into one.
Advantages:
The single biggestadvantage I can think of is conversion. The conversion rate will be excellent as the user gets the product for free (or will cost him a little if he chooses a paid offer).
The next thing is it cuts out the requirement of finding offers from affiliate networks which accepts incentives (many do not), getting approval from the affiliate manager for running the incentive site, etc.
TrialPay is international – so a visitor from UK will see UK only offers and you need notworry about geo-targeting.
Here’s a scenario:
I have a ‘dog recipes’ website where I provide users with a collection of dog recipe ebooks.
John Doe finds my website searching foraproduct;he is surprised to find that I offer the product for free. He clicks the ‘TrialPay’ button at my sales page and lands on the TrialPay processing page where he can choose between any offer or offers that appeals to him (there are a lot of free and paid offers) he completes an offer and TrialPay instantly delivers him the ebook!
It means no more verifying the signups, sending product or filling services manually. Trialpay does all of that.
This is first time I have written a guide/report. I have always enjoyed writing and with the wonderful world of the internet I thought I'd share some inside secrets into a lucrati and relatively unknown market niche.
ve
A little bit about myself, don’t worry, I’m making it short and it has something to do with the actual report.
Incentive Marketing:
I started out in the end of 2005, built my first IM(internet marketing) site. The idea was basically this – I offer adsense sites to the users and install them to their hostingaccount – ONLY if they signed up for hosting under my affiliate link. This idea struck me – The user benefits – he gets something for free ( the sites and installation) and obviously needs hosting for that item, I win – I make a cool $100 commission per signup, the hosting company wins – they get a customer for life. It’s a win-win-win situation.
I bet you have come across MANY such sitesbynow –well,actually I quit that technique because there were a LOT of copycats overusing the technique that got the hosting provider worried. Was that successful? Heck yeah! I made 5 sales the first day of launching an adwords campaign for the site. That translates into $500 in commission for $80 spent on adwords and yahoo.
I got very excited and started using content network and got more clicks and more sales – then the relatively new technique got picked up among webmasters and a ton of similar sites came up. When I quit after 2 months I had made around $4000 in profits. After my big initial success with this method of offering ‘Incentives’ for user to sign up for my affiliates – I never try to re-invent things. This works and I started thinking “outside the box” as I tried many products, affiliates, etc. and achieved relative success.
Now that you know what an Incentive is and how it works, I’m sure you will come up with a ton of ideas to monetize this.
How I did it – technically?
That was the tough part. I needed the visitor to email his receipt to me then I wouldcheck with the merchant for a sign-up and then delivered him the product. I tried automating this process, but failed due to my poor PHP knowledge.
The downside of manually sending products/fulfilling services is that the user needs something instantly and loses motivation to wait for someone to fill the order after verifyg.
in
So what is the ‘Technique’ actually?
You asked for it – here it is – ‘TrialPay’. Trialpay is a payment processor just like paypal or clickbank that processes orders and automatically delivers the product to the user on completion of the transaction.
The best part is – The visitor doesn’t have to pay money or use his credit card details to complete the order!
He needs to choose from any of the available free offersand then he gets the product – how cool is that? It’s basically a payment processor and an incentive affiliate network built into one.
Advantages:
The single biggestadvantage I can think of is conversion. The conversion rate will be excellent as the user gets the product for free (or will cost him a little if he chooses a paid offer).
The next thing is it cuts out the requirement of finding offers from affiliate networks which accepts incentives (many do not), getting approval from the affiliate manager for running the incentive site, etc.
TrialPay is international – so a visitor from UK will see UK only offers and you need notworry about geo-targeting.
Here’s a scenario:
I have a ‘dog recipes’ website where I provide users with a collection of dog recipe ebooks.
John Doe finds my website searching foraproduct;he is surprised to find that I offer the product for free. He clicks the ‘TrialPay’ button at my sales page and lands on the TrialPay processing page where he can choose between any offer or offers that appeals to him (there are a lot of free and paid offers) he completes an offer and TrialPay instantly delivers him the ebook!
It means no more verifying the signups, sending product or filling services manually. Trialpay does all of that.
