
Originally Posted by
aaronc
One of my favorite buying strategy is to purchase adsense sites that target product names such as white socks or baby strollers etc and turn them into amazon sites. Typically, my criteria is that:
- the products they target must be over 100USD in amazon so that at the 7% comission, you can get at least USD7 per sale.
- I can find good reviews for certain models so that I can promote them
- the sites are already ranking in the top 5 for its product category
Once the above conditions are meet, I find that I can usually make more money using amazon than adsense. So, I have made 4 investment during this method and the results have been satisfactory.
One small example is a recent wine site that I purchased for only USD100, which is making USD8-9 per month with adsense. I switch that over to amazon and now it is making about USD40+ per month (and about USD100 during Dec and Nov). There was no additional stuff that I did except to place three best rated product images on the home page for people to click to. I also removed adsense.
The great thing is that this site is ranking number one for a long tail variation. The main keyword is the second page. I believe with a little work, this site can easily make 200-300 per month once the main keyword gets to page one.
Hehe, I know this example is a very small investment but after getting burnt, I want to try out different investment strategies with smaller amounts of money first. I think my biggest mistake during the first year was not formulating a strategy and just buy buy buy. LOL
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