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A fool and his money are soon parted

Discussion in 'Making Money' started by macaveli92, Oct 17, 2012.

  1. macaveli92

    macaveli92 Jr. VIP Jr. VIP Premium Member

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    Heya BHW enthusiasts.
    I have made my first hundred (slowly) doing surveys. I set aside this money to spend on a new project, yet I can't decide what, I am thinking adwords campaigns but I am not sure. Anyway maybe if some ideas are generously thrown my way I will go in the right direction. Any constructive input is really appreciated!
     
  2. M1ndfluX

    M1ndfluX Senior Member

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    Hi there.

    Wouldnt spend my hard earned cash in a adwords campaign if you dont know what you are doing. PPC isnt just make a few ads and see the cash rollin' in.

    I am sure many members here would back me up on this one.

    Make/buy a website targeted on a specific niche. Keywords and domain name can be searched for with something like market samurai. ( Check out the download section hehe )

    Put some unique articles on there regarding the niche you are targeting. Put some banners on there from cpa offers and/or affiliates.

    Use social media and good old fashioned SEO for organic visitors and see the $ roll in.

    At least this is what i am doing ;)
     
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  3. sensitiveheart_4

    sensitiveheart_4 Power Member

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    i second what M1ndfluX said

    Dont even think about buying ads from adwords or any other source unless you have experienced with it.

    Do some research select a niche, buy a short, sweet, pronounceable domain related to the niche you select. Feed it with good content and keep doing it for some time and watch the money flowing in and if you think its not working out for you. Sell it on flippa, you will get what your site's worth and your time spent on it.

    Thanks
     
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  4. BlueTurtle

    BlueTurtle BANNED BANNED

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    $100 isn't enough to do much with. You can buy a domain and some hosting, but that's a tiny amount of money. Don't even think about adwords unless you have $10k-$20k to drop on testing and are willing to create your own product.

    Focus on projects that require minimum investment and just use your $100 for generate operating costs like hosting, domains maybe even a few proxies if you need them.

    Anything less than $5k isn't really an investment in the real sense of the word. You could drop $1k on proxies quite easily, but that alone won't make you money etc.

    So just focus on non-investment projects and keep building up your capital. Your money right now is to keep cash-flow up for operating costs, not investment.
     
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  5. therage

    therage Senior Member

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    LOL!!! Adwords would never even return anything for $100. The traffic I manage for Adwords campaigns still drop $30k a month (these are the lowest campaign budgets I maange) on Adwords. For $100, go save up or try out mns sites. For $100 and a good solid plan you could also hire a copywriter for a project you are presenting. Personally for my experiences I wouldn't even touch Indie Game Developers for my marketing. They think $3,000 budgets will make them money, but rest assuredly they fail more times than succeed and it is their budget (cutting corners). This is quite problematic for you, so let me spell it out slowly. Go buy what you want with that money, don't waste it on IM. The only way $100 will return a profit is after you are ultra experienced in getting people to buy shit from you.
     
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  6. ReALeST

    ReALeST Power Member

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    Yo if u wana do PPC be smart and like buy vouchers.....with 100$ u can buy quite alot of vouchers....some guys on fiverr sell 1k$ worth for i think 5$ so if u invest the 100$ already u got 20k$ worth of advertsising money...:D heard though that google cracked down on them free vocuers and u need to spend i think like 25$ in order to get the vouchers....also it will b tricky to run one single campaing on just one domain but just my 0.02$ best of luck mate:D
     
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  7. macaveli92

    macaveli92 Jr. VIP Jr. VIP Premium Member

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    I really appreciate the feedback, what I have taken from this is do not even think about the Ad Words route, so this thread has saved me alot of time and energy. Very much appreciated, though I don't know what to spend it on yet, I am sure the rest of the forums are teeming with ideas. Thank you all ^_^
     
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  8. BlueTurtle

    BlueTurtle BANNED BANNED

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    Don't try to spend it.. Cash flow = KING.

    Put it in your business account, be that a real business account, a personal savings account or whatever. Just put it aside for the business.

    Try and spend as LITTLE as possible, but when you do absolutely need to spend (hosting + domains) you'll have your cash.

    Whatever you do don't just spend it for the sake of it.
     
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