VPT Solution 13 by Ed Walters

17th June 2009

Why Pay Per Click Doesn't Work

Hi Friend,

As you know I went away to a stunning Spanish villa last week. The holiday was immense, the weather was gorgeous and the entertainment was carnage - but I have to admit living it up with a bunch of lads up to ten years younger than me really did test my stamina.

My mate forgot to bring his laptop so I ended up getting not so much as a glimpse of a PC for over a week. And I’ll be honest that was bliss. When I got home I checked my emails and quickly realised the sales I’d made whilst away had paid for my holiday - THE POWER OF VIRTUAL PROPERTY! That coupled with the fact that I’m not getting any younger (obviously) made me appreciate just how brilliant it was that I was in the internet marketing business.

And that is also why you (if not already) should get involved ASAP.

By the way I apologise if I haven't replied to any emails you may have sent whilst I was away - my inbox was inundated but i'm now almost up to date so, if not already, you will receive a reply very soon.

Onto this week. I'm going to annoy the hell out of a lot of "gurus". But this needs to be said.

Pay per click marketing. Boy it's big right? Every week there seems to be a new course promising to release the details of how pay per click marketing works and how you can make hundreds of thousands a month promoting other peoples offers using pay per click marketing.

Let me tell you the truth. It isn't easy. Ever. Despite what others will try to make you believe. I'll reason with the facts.

One. Pay Per Click Is Very Competitive

I don't care what market you go into pay per click is very, very competitive. You can go into even the smallest niches and still struggle to get any traffic because there is always someone with a bigger budget or better tactics.

Let me give you an example. I am the owner of the web site http://www.easyenergysaving.com/  This is just one of my web sites that I keep under wraps and have never revealed before.

I actually started that web site before the recession hit home hard. Advertising places with pay per click were competitive, but nothing too drastic that I couldn't handle. Then the recession hit and all of a sudden ALL of the big energy companies with multi million budgets were bidding on pay per click knocking me way off the chart. Overnight.

This can and does happen in all niche markets. You can be doing well for a little while with pay per click and then overnight a big player comes in and destroys you leaving your income at zero.

That leads me nicely onto my second point.. 

Two: Pay Per Click Is Unpredictable.

The gurus will have you believe that the great thing about pay per click is that you can throw up some ads and be driving traffic to any web site straight away. They are telling you the truth, just not the whole truth.

It takes thousands in spending to get a pay per click campaign right. You will fail, a lot, before you create a profitable campaign. And that means you need to spend big.

The gut wrenching thing about that is you can spend months tweaking a campaign, getting it right and profitable and then a big player comes in and takes your place. Or Google change their rules and your ads drop off the planet. And then your income falls through the floor leaving you with nothing.

Three. It's Not A Long Term Venture

Because of its unpredictability pay per click is not a long term venture with long term prospects. Anyone who tells you that is a blatant liar. No one can predict what Google or competition in your niche are going to do next. So if you do decide to promote using pay per click be prepared for it to fall apart at some point.

You can counteract this by using other methods of getting traffic. l'm not saying don't use pay per click, just don't put all of your eggs in one basket. Use articles, blogs, joint ventures, press releases or any other method of traffic that is not reliant on Google or your competition not blowing you apart.

Four. There Is No "Loophole"

A lot of these so called experts talk about there being a "loophole" or "untold secret". That's just laughable. Do you think these guys are smarter than the head honchos at Google? No. Not at all. The guys and girls and Google are some of the smartest people on the planet and would laugh uncontrollably at some of the claims by these experts.

So if they're not true why do they make these claims? To sell you their ebook obviously. Which is the same rehashed rubbish the previous pay per click experts sold. And each claim they're going to "change internet marketing forever".

Gimme a break.

Pay per click is tough, very tough. And the sooner people realise that and stop pinning their hopes on it the better. Instead then they can concentrate on building something with long term chances of success.

So don't let all of these promises of pay per click millions fool you. Yes it works. But to get it to work you need to be willing to spend a hell of a lot of time and money and fail. A lot. Also make sure it is not your only traffic source or you're setting yourself up for an almighty fall.

In next weeks newsletter I'm going to give you my very own traffic blueprint. It won't cost a penny and it's more powerful than all of the pay per click "experts" courses put together.

Until next week

Ed Walters

P.S. Not making a killing from virtual property yet? Check out the full course at:

www.virtualpropertytycoon.com

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