MAKE Money with AdWords

So you might be thinking, wait a second, isn't AdWords something you use to SPEND money on and it drives traffic to your site? Isn't that counter productive? No, Here's why.

Clickbank, Commission Junction, or Affiliate Scout, it's really that simple.

WARNING: This is the biggest gamble of any ideas listed on 03cents so far. You can make a whole boatload of money, or you can lose money, make sure you really want to do this before jumping in. Luckily for the weary, AdWords allows you to place a maximum so that way, you don't break the bank trying to get this to work. Odds are, you might lose money the first few months, but after testing, this can be HUGE.

Step 1: Register for as many affiliate accounts as you can track. I like commission junction simply because your are "selling" hard products, Clickbank is nice due to their payouts, but you are selling E books most of the time, so it gets kind of hard.

Step 2: Sign up with AdWords (See link on right), it will ask you to register if you have not before, sign up with the name of your link, and then describe it. Please, please, PLEASE, read your agreement with both the company AND AdWords, do not assume when registering with another company their rules are the same, some companies will not allow you to use their name in your add, or other things of the sort.

Step 3: Profit, This is very straightforward, and to think, there are e books out there that will want to charge you for this information...

Tips and Tricks

1.Direct your ads, there is a lot of competition with affiliate links and AdWords, make yourself stand out, think outside the box. Sure everyone thinks of Credit Agencies or Credit Monitoring for Experian, but try registering ID Theft, or something a little more directed.

2. Make sure to set your limits, sure, that link may payout $100 if someone signs up for the service, but how many people will click your link and sign up. Don't bankrupt yourself doing this

3. Moderation and perseverance, one month you might break the bank with sales, other months you may get nothing. Do not get overboard if you're having a good month, sure if you are trending up with sales, you may want to increase the amount of ads you have, or pay more to increase exposure, just be careful.

4. Study Trends, got an account with 1800flowers? you might want to push this ad more around holidays, but watch out, other people will as well. So think outside the box, did you know ID theft is higher around the holidays? People have more on their plates and don't worry about certain things, so when they come around to it around February, have your ads ready, push credit monitoring services when other people are pushing flowers.

5. Know your potential customers, sure, your market is all of Google, but think of what people are searching for. What are people going to call it? Sure, a bunch of ads might be available for someone looking for MicroSD Memory Card, but what about the guy sitting as his computer looking for Cell Phone Memory Stick and he can't seem to find it.

6. Try Yahoo! Search Market as well, all the focus is on Google, experiment, see how it works out. Also, American Express offers a 5% discount on all Yahoo! Search Market purchases, so you might want to look into that in order to save some $.

Do you guys have any other ideas? Drop me a line, the comment box is always open.