Do you have the courage to launch your own business online?

Courage is not the absence of fear

It was just a few days ago that it dawned on me.

If you do something and you are not afraid of it, that is not courage.

Courage means acting in spite of fear.

I always thought that people who try extraordinary things were not afraid, since that was natural to them. However, I have realized that most of the times they are afraid, BUT they act anyway.

And being scared is a good thing. If you are scared of starting a business, trying a new thing… That means that it’s probably worth trying!

So, if things like starting a new website, trying a new business idea, launching a new PPC campaign scare you, that’s good!

Just accept it, and do it anyway.

You’ll be thankful you did.

How to create a Forum with WordPress and monetize it with Google Adsense

If you are building a community site and think that it might benefit from having a forum, this could be a great thing, and the main reason is that you don’t need to create any content, other users will do it for you!

The only thing you need is to keep them engaged, posting regularly and you got yourself a winner!

Now the only negative side is that CTR in forums is usually low, but this can be some extra income.

Here are the steps you need to do:

 

Install WordPress

Skip this if you already have a WP site.

Install and configure the bbPress Plugin

This is the best Forum software for WP

Use a theme with bbPress support

I recommend you go to Themeforest, and search for a theme which works fine with bbPress

Create the forum list

You can also create subforums and categories if needed.

Install this free plugin to add Adsense units

It’s called bbPress Advert Units, and it lets you choose where you want to add your ads inside the forum.

Add your Adsense ad units and decide where to show them

These are the options you have:

  • Between posts
  • In the body of the first post
  • At the top and bottom of topic pages
  • On individual forum pages
  • On the top level forum page

That’s it! As long as you have a reasonable amount of users who post in the forum, you should get more and more content (meaning more and more visits), and your revenue should go up

 

Top 10 Adsense alternatives

In my opinion, Google Adsense is the best paying advertising solution for your site.

It has the highest number of advertisers, and the bids are usually higher than in any other network.

However, it is not the only solution.

Here are some reasons why you might want to use another alternative:

  • You like testing
  • Your Adsense account has been banned (yuck!)
  • Your website does not adhere to the Google guidelines
  • Google is the devil and you do not want to get near anything that starts with a G.

For those cases, here are the best alternatives:

Media.net

It gives you access to the Yahoo! Bing Network, meaning lots of advertisers. The downside is that they are a bit strict, and that they need to approve each site you want to place ads on.

Infolinks

They have what is called “In text ads”, meaning they will highlight certain terms in your site and add a link there. It has good reviews, and it’s one of the biggest networks.

Chitika

They are a big advertising network. You can get paid via Paypal, and the minimum payout is $10.

Clicksor

They have multiple ads formats. They won’t approve every single site you submit, so it might be a bit hit or miss. Minimum payout is $50, and pay via Paypal or check

Bidvertiser

You can get paid via clicks or conversions. The advertisers bid on the sites they want their ads to appear. The minimum payout is $10, and you can get paid via Paypal, check or wire.

PopAds

They are specialized in popunders. Approval and account creation is a pretty simple process. The great thing is that you can claim your payment any time you want. If you earn at least $5 a day, you can even get paid daily.

PopCash

Similar to PopAds, they have a ton of inventory in many countries, with desktop and mobile traffic. You can get paid via Paypal, Payza and Paxum.

Vibrant Media

Good company with a catch: your site must receive a minimum of 500.000 page views (not visits) per month, and getting approved is not so simple. They offer different kind of ads, like popups, banners, in-image…

Adversal

A bit less strict than Vibrant, you can get approved if you get 50,000 page views a month. Minimum payout is $20, and they have popunders and other ad formats.

PropellerAds

A very popular network with pop-unders. They sspecialize in the following niches: entertainment, videos/movies, games, dating, finances, software, gambling and more, which to be honest, are not the best friends with Adsense, so if you have a site related to those niches, give it a try.

Amazon Display Ads

They have what they call “Amazon Native Shopping Ads”, where they show contextual ads (similar to Adsense), with Amazon products, based on the keywords of your page. But instead of getting paid per click, you get a commission from every sale (this is good if most people purchase, not so good if they don’t).

 

 

What is Adsense Smart Pricing and how to avoid it?

Back in april 2004, Google introduced what they call “Smart Pricing”.

Before that, advertisers had to pay their bid price for each click, regardless of whether they made money (ie, a sale) from that click, which means some of them were receiving tons of clicks, but not so many sales.

So, in order to avoid people fleeing from Adsense and moving into other platforms (Yahoo back then [Bing Ads these days], now Facebook, etc), they did the following: for pages that were giving advertisers few sales, they lowered the price of each click, which means that advertisers pay different prices depending on where the click comes from.

Before Smart Pricing came in, the only thing us (publishers) had to focus on is sending as many clicks as possible, but after that, we need to take into account the quality of those clicks if we want to get paid more, simply put.

The thing is, since Google is so opaque most of the times, we don’t know for sure what affects Smart Pricing, so the only thing we can do is try to get quality traffic. However, these premises seem to be correct:

  • Smart Pricing is calculated across the whole Adsense account,  so if you have some high quality sites mixed with low quality, your ad prices might go down overall.
  • Smart Pricing is evaluated on a weekly basis, which is good, since that means that if you fix what needs to be fixed, your earnings can go back up quickly.
  • Smart Pricing is tracked with a 30 day cookie, so sales for an advertiser can come within 30 days (the visitors don’t need to purchase straight away).

So what can you do if your earnings are getting lower (with a similar amount of clicks)? I can recommend 2 things:

  • Try to see if one or more of your sites (or pages) might be causing this. If so, temporarily remove ads and see if after one week your revenue goes up. If this does not help, check with other pages, until you find the culprit, then remove ads from that page altogether.
  • If you are driving paid traffic to your sites, stop that for a week and watch again your revenue.

Here are some tips on how to prevent Smart Pricing

  • The main thing is, try to keep advertisers happy. If they make money, you make money (and Google on the side), everybody is happy.
  • Make sure to have high quality content on your site (which is likely to attract “better” visitors)
  • Try to get most of your traffic from high quality sources (search engines being the best)
  • Keep your content relevant

So that’s it! Since Google does not give away too much information, we can just guess, and do trial and error.

7 Online Marketing Blogs I follow (and 3 podcasts)

Blogs

Niche Pursuits (by Spencer Haws)

I have been following Spencer for years. When I got started with Online Marketing, I was focused on building niche sites; tons of information about that in here. Spencer is the creator of Long Tail Pro and Long Tail University.

Smart Passive Income (by Pat Flynn)

Full of great information, and a great source of inspiration for me.

John Chow

A bit filled with ads for my taste, but there are some great posts.

Online Rule (by Veit Schenk)

Ok, this one won’t win the Oscar for the best design, but Veit delivers great information (with a sense of humor, something to be thankful for these days)

Charles Ngo

This one is more oriented towards CPA, but there are tips about optimization, landing pages or affiliate marketing in general that are useful for everybody.

John Carlton

A copywriting legend, he has a blog full of useful, interesting and fun content.

Bonus: Seth Godin

This is not an online marketing blog per se, but Seth offers great advice that can be applied to any online business.

Podcasts

There are not many podcasts focused on Internet Marketing, but here are some that I listen regularly:

Smart Pasive Income

Again, not only the blog has good content; the podcast is great.

Marketing in your Car

From the creator of Clickfunnels; 257 episodes so far

Digital Kickstart

Not too many episodes (yet), but great interviews

 

Tools and Resources

These are some of the tools and resources I have used for my business.

I have tested every single one. Hope you find the list useful!

Hosting

Bluehost: This is the company I have been using for years. I’m not super excited about their support. Their shared plan is not the fastest one either, but they are cheap, so if you are starting out (or don’t need too many resources), they are good. However, once you have a serious business, look for a better solution.

Siteground: AWESOME support, every time I raised a ticket I got a reply within 10 minutes (and a proper response). If you are don’t have too much traffic, their shared hosting plans are pretty good (especially the GoGeek), but if you have the money, pick one of their Cloud Hosting Plans.

Keyword research

Adwords Keyword Planner: The great thing: it’s 100%free. You don’t get as much information as when using an external tool, but I’ve spent hours using it.

Market Samurai: If you have some money to invest, this is a great tool. They offer a free trial, and the great thing: it’s just a one time payment.

Long Tail Pro: Developed by Spencer Haws, it’s really fast and the data is invaluable. I used Market Samurai for years until I moved on to LTP, which is the tool I currently use.

Email Marketing

Here it comes down a bit to personal preference. Here are some of the companies I’ve used in the past (and the one I use these days)

Aweber: One of the big players, I used it for some time. The integration with JVZoo was not too good, so I moved to Getresponse.

Getresponse: After spending some time with Aweber, this is the one I tried. Works allright (some people complain about some mixed delivery rate, though).

ActiveCampaign: This is the one I’ve been using for years now, and the one I currently use. Their support is pretty good, and they offer quite a lot of features.

WordPress Themes

Themeforest: Probably the biggest theme marketplace; you’ll surely find what you need here. Prices are reasonable.

Divi: A good and popular multipurpose theme.

WordPress Plugins

FotoPress: Find free images online within your WordPress admin panel and edit them on the go.

Codecanyon: A good source for plugins.

My favourite free plugins: I wrote this list a while back

Outsourcing

Upwork. The bad: they take a 10% commission. The good, you have literally thousands of freelancers hungry for work.

WpHelpr: If you need support for your WordPress site

 

Niche site vs Authority Site

When it comes to building a site, you can take 2 main routes:

  • Niche Site
  • Authority Site

Let’s look into them:

Niche Site

This is usually a smaller site, targeting a small number of keywords.

There is no clear definition, but I’d say it’s a site that has from 2 to 15 different pages with content, which is not updated often, and does not engage with its audience.

The idea is that once you find one (or 2-5 at the most) keywords that you can easily rank for, you can build a site around them, add some more related content, and rank for your main keyword or keywords.

It is built around a single topic or keyword, and usually the owner will do all the backlinking.

Takes some work to create in the beginning, but after that it mainly becomes set and forget.

Usually monetized with Adsense or Affiliate links.

Authority Site

This is a bigger site, with lots of content, updated regularly, and with high quality articles.

It focuses on a main topic, but has different pages built around related keywords.

The goal is to have people linking to the site, so it gets trust and better rankings over time.

It aims to have an engaged community, and can have multiple monetization systems, and takes a lot of work.

 

So you have 2 main choices: you can build a portfolio of small niche sites that earn a nice sum combined, or you can build 1 or 2 authority sites.

Which option is better?

That’s for you to decide!

Obviously an authority site has a much higher income potential, but it takes more work and in the end you are putting all your eggs in one basket.

The good thing is that there is much room to scale once it becomes successful.

On the other hand, building small niche sites takes less time and effort, however its earnings potential is much limited, since you can just rank for a limited set of keywords.

In the past, one could just find a primary keyword, purchase an EMD (Exact Match Domain), write 3 to 5 articles and rank pretty quickly.

However, at some point, Google became much smarter and it’s giving much weight to authority sites, so niche sites are not so easy to rank anymore (unless you find some nice keywords).

 

 

 

What you need to build a successful Adsense site

Here are the 3 parts of the equation involved:

Keyword Research

One of the most important. Two reasons:

  1. Since you are aiming to rank your site at the very top of Google, you will need a keyword (or ideally more) that you can rank more or less easily.
  2. As we saw before, different keywords have different EPC (Earnings per Click)

Traffic

This one is pretty simple. No traffic = No money

The best traffic source is SEO traffic (people who find your site via Google).

There are also some people who try to get cheap Facebook clicks to drive traffic to their site (usually with viral content), and expect to make more money with Adsense clicks than what that traffic costed. I haven’t personally tried this myself so I cannot comment on it.

So we are not only talking about quantity, but also quality.

CTR

The % of visitors who click on your ad. To improve this you can work on:

  • The site theme
  • Different ad sizes
  • Different ad placement

So that’s mostly it!

Spend some time doing proper keyword research.

Then work on getting traffic

Once you have those two (which are, in my opinion the most important), test and tweak, so you can maximize earnings.

Then rinse and repeat 🙂

 

January-February income report

This is my very first income report, so I’m not sure how I should structure it.

Following the Ready, Fire, Aim, I’ll do a version 1 and will improve in the near future.

January and February have been a bit hectic for me, and pretty much out of focus. It’s taken me 2 months to be able to pause, reflect and do some introspection.

So here are the numbers:

Income

Freelance Income: 6273€ ($6618)

Own Product sales: $851,07

Affiliate Sales: 

  • JVZoo: $464,61
  • Adsense: $139,53
  • Amazon: $686,74
  • Other Affiliate Programs: $418,06

Total: $9178,01

Expenses

Bing Ads: $327,58

Autoresponder (ActiveCampaign): $70

Outsourcing (from Upwork): $453,11

Total: $850,69

Net Profit

$9178,01 – $850,69 = $8327,32

 

Since my goal this year is to make $200.000 in profit, that breaks down to $16,666/mo.

How much I should have made: $33.333

How Much I made: $8327.32

Difference: $25.006

 

As you can see, I’m way behind. As I said in the beginning, I haven’t been focused at all, so now it’s time to really focus on what matters.

Also, you can notice that most of my income came from freelance work, which is the completely opposite of what I’m after. Freelance work means work once, get paid once, as opposed to for example selling my own product (work once, sell multiple times), so I need to work hard on flipping that.

To work on improving focus and efficiency, one of the big changes I’m making is incorporating exercise to my daily routine.

Here’s what I’m doing at the moment (just started with most of them, to be honest):

  • Walk in the early morning
  • Monday: padel lessons
  • Tuesday: yoga lessons
  • 3 days/week gym
  • 3 days/week: running

What does exercise have to do with income? A lot, according to Richard Branson and others…

So, goals for march:

  • Be consistent with my exercise routine
  • Be in bed by 11
  • Read 1 book a week
  • Take some time to work on a proper schedule/planning for the rest of the year, and adhere to my schedule
  • Prioritize Online Marketing over Freelance work

The Top 6 WordPress themes for Adsense

Here is a list of some of the best optimized Adsense Themes.

However, and before I start, let me clarify something: there is no doubt that having a good, optimized theme helps improving your CTR.

But bear in mind there are still many factors for having a successful adsense niche: the quality of the traffic, the niche…

Why am I saying this? Because one might thing that by having a good theme all the work is done, when in fact the theme is just one of the factors.

So here are some of the themes that I like:

CTR Theme

This one is especially designed with Adsense in mind.

Link | Demo

Divi Theme

Not just for Adsense; it’s a feature packed multipurpose theme.

Link | Demo

Admania

Multiple layouts, mobile optimized

Link | Demo

Truemag

According to their own description, “Truemag’s ad “hotspots” are strategically placed throughout this content-driven theme to attract the eye without compromising the user experience”

Link | Demo

SociallyViral

Created to get viral traffic, but it’s also optimal for Adsense

Link | Demo

AdMag

Great theme for a blog (magazine style) with responsive Ads system

Link | Demo

Clickbump

It offes multiple themes in one. Some of them are not too attractive, but they have been built with CTR in mind, so no complains about ugliness if it makes money 🙂

Link | Demo