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Friday, 8 August 2008

Making Money Online Through CPA Offers

Posted on 14:47 by Unknown
Before May, I had made money online through pay per click (Adsense), affiliate sales (Amazon Associates and Clickbank), paid posts (PayPerPost) and through the sales of my own products (my paperbacks Stock Trading Riches and Sudoku Fun, Vol. 1).

In May, I decided to try CPA (Cost Per Action). While CPA could include clicks and purchases, they usually refer to offers that pay the publisher (i.e. website owner or blogger) for actions in between a click or a purchase. Examples include getting visitors to fill out forms, submit their email addresses, etc.

I then signed up with 2 companies that promote CPA offers: Commission Junction and RocketProfit.

Out of these two, RocketProfit has so far turned out to be very lucrative!

They have a lot of "email submit" offers. These offers usually give something free (i.e. a gift card) for entering an email address and then filling out surveys.

Now, personally, I'm not sure if it is worth it to spend time filling out the surveys, but there are a lot of people who want to these regularly to earn something.

I have tried to attract them.

So, I added the link on my sidebar (the one that said "Hot! The Latest Mystery Offers! Get Free Merchandise!").

Now, if you had looked at this page when the link was up, you would have seen a no-frills page which just listed offers by number. I did this for two reasons:

1. purposely to build mystery, and to test my theory that minimalism is a powerful concept.

2. Because email submits are a little shady. Some of them don't work or don't pay. With the simple links, I could easily swap offers in and out. I changed them around and kept stats. A few of them stood out with lots of clicks and no conversions. I dropped those.

I then added this post on Free Visa Gift Cards.

Well, this worked very well! I earned a passive $33.60 in May, and I got paid on the 15th of the next month because RocketProfit pays as long as you accumulate $25 (vs. $100 for Adsense, etc.)

Even better - in June, I spent $65 on sending PPC from a lower tiered search engine (which I won't name) to my mystery offers and earned $236.75!

The reason I won't mention the search engine or discuss my landing page (except to say it was similarly themed to the free visa gift card post above) is that I developed something I can milk because it scaled!

In July, I decided to see if it would scale, so I spent $700 and....

... I made $2,239.90! (unofficial because I won't get my check until the 15th).

Needless to say, I recommend RocketProfit and CPA offers - with the caveat that (as I mentioned above) some of the offers are duds, so you have to spend some time monitoring your stats and cut the ones that do not perform.
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