VPT Solution 45 by Ed Walters

27th January 2009

REVEALED Ed's Exact Cash Formula For You To Copy Today

Hi Friend,      

Last week I revealed a cool technique that you can use to start earn a lot of money online starting immediately. It was, of course, image advertising / banner ads.

Remember to get going with this you don’t need you own product, you don’t need any marketing skills and you don’t need your own web site. This is something the newbie can set up literally in just a day or two.

Today, as promised, I’m going to take you through the exact steps that I personally use to set up my very own profitable campaigns. I’ll show you exactly how to set up your banner campaign in Google adwords so that you can earn an automated income from day one.

I’ll also give you the exact settings that I use for my campaigns, having spent a whole load of money testing the system. This means you can maximise your profits and minimise your costs.

So here’s what you need to do:

Step One – refer to last weeks newsletter so you understand the power of this technique. You can do this by clicking on the link below:

http://www.virtualpropertytycoon.com/vptsolution/44.htm

Step Two

Sign up to a free Google adwords account. Do this by typing in Google adwords into a Google search and following the link. It’s very simple. Once done, sign into your account and click on the ‘Campaigns’ tab. Then half way down the page click on ‘new campaign’.

Enter your settings as follows:

Campaign name: [anything suitable]

Location: [for the highest quality traffic just enter the US to start with – you can always expand into other countries later]

Languages: [English]

Networks: [All available]

Devices: [click ‘let me choose’ and uncheck iphones because people don’t yet pay much attention to adverts on their iphone – this may change in the future]

Bidding Option: [Leave on manual]

Budget: [I suggest you start low at around say twenty five dollars / pounds a day]

Then click on ‘save and continue’

Now you come to the ‘Create Ad Group’ page. Here’s what you need to enter:

Ad group name: [fine to leave as Ad Group #1 or change to a name of your choice if you prefer]

Create an ad: [check ‘image ad’]

Now you will see a ‘keywords’ box appear.

All you have to do is copy the keyword list that you have already created using the Google Keywords tool (see last week’s newsletter –step two) and paste all the words into the box.

Step Three

Next go down to the bottom of the page and you will see ‘Ad default bids’. In each box just enter one cent or one penny depending on where you are from (make sure you get the decimal point in the right place!)

Remember it is much cheaper to bid on keywords for image adverts on the content network than it is for text adverts on the search networks. Click on ‘save ad group’ at the bottom.

Step Four

Now you arrive at your Ad Group page where you upload the banners you had made earlier (see last week’s newsletter – step three). Simply click on ‘browse’ to locate and upload your banners. Name it the size it is, for example, 250x250.

In the display URL enter the name of the web site people will land on after clicking your banner. In the destination you need to enter your affiliate link URL (or your web site URL if you are promoting your own web site). Repeat the process for each of your five banners, then click ‘save ad’ at the bottom.

Step Five

Go up to the ‘billing’ tab and put some funds into your account. I strongly recommend you only put what you can afford in at a time. That way once you run out of money your campaign will stop and there is no danger that Google will continue to charge you.

All you need to do now is wait for Google to approve your banners. (refer to their T’s and C’s for more detail – they will soon tell you if your banners are not suitable). Amend your banners if necessary. This is something you can continue to do throughout your campaign – sometimes just by changing one word your banner may become ten times more effective.

Step Six

Monitor your campaign. Increase your bids if you are not getting enough clicks. (If you are promoting your own web site you can track your conversion rate, and, after generating thirty successful actions, you can use their conversion optimiser for better more cost effective results).

So long as the revenue from the sales you generate is greater that the cost of your advertising you will be in profit. Profit is virtually impossible to achieve on the Google search network nowadays unless you’re a marketing genius. However, using banners on the content network is usually at least ten times cheaper so it means you can make big money using this technique. Plus you’ll be able to promote higher value back end products to your customer list further down the line.

If you have your own product and web site then use this technique to drive traffic to a list builder (for example, a squeeze page with an opt in form) or your sales page – then your profits will be even greater. If you don’t have your own product (most people) you can easily use this technique to drive people to an affiliate offer you are promoting. You won’t have to worry about customer service or anything, you just drive the traffic and count the cash as it comes in.

Whether you’re using this as an affiliate tool or to promote your own site, make sure you get in there quick smart. Soon everyone else will start realising how impossibly expensive Google Pay Per Click has become and they’ll jump back on to the banner advertising band wagon! At this point in time this technique is ready for the taking for anyone from the complete newbie apprentice to the savvy internet marketer.

Have fun making money from banner advertising,

Watch out for something special next week,

Ed

 

 

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

www.virtualpropertytycoon.com

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http://www.virtualpropertytycoon.com/vptsolution.htm

 

 


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