Discussion in 'Making Money' started by maxtol, Feb 19, 2010.
Please, let me know what do you think about... I was writing about an hour hehehe...
What niche is your product?
I live in latin america as well and focus a good part of my marketing here. From my experience, I can say that some of the negative points you mentioned are either not true or can be overcome easily; for example getting CPA accounts. If most of your negative points were true, then no one outside the US would be able to be in the business, whereas a good percentage of IMers are not US residents and still do quite well. Mind you, I did read your entire post but there were things you left out in the positives section.
Anyway, how did you come up with your percentages? Of course, not everyone in this continent speaks english, but nowadays the percentage of people who do is certainly higher than 50. People can and do learn english anywhere because although most big websites, softwares, etc. are translated into spanish, there's still a good deal of things that aren't and which regular internet users may want/need. Like most users will tell you here, it's a matter of taking this info and thinking outside the box.
well If you are going after spain, don't even bother. They are afraid of spending money online. They think everybody is going to steal money from them...... I lived there for 5 years and I know the way they think.
I also live in Argentina (and not in Bs As, either).
I've always marketed only to the english speaking market, particularly to the US. You have indeed a lot more competition, but:
-Your potential market is huge, and they're more used to buying online (although this is starting to change in places like Argentina, Mexico, Brazil...Spain is a bit ahead, imo)
-For people using web 2.0 properties and article marketing, there are more resources where you can build your pages, submit your rss and blogs,etc (a good way for the technically challenged to cope with the 1/4 US exchange rate, since you can start with a godaddy .info domain alone; that's how I began, btw)
-The 1/4 exchange rate is good; it becomes your friend down the line. You CAN start with less than 2 bucks, make a few hundred after 1-2 months, and re-invest from then on. You do not depend on the Argentinian economy and you can live with 1K/month.
-It's not that bad getting payed. I have a US bank account and used to use Latin Express and Paypal (still do). I've never been short of products to offer. If I was at one point, I just went with ebay and Amazon. When I had problems with ebay, I started using it through Squidoo links. For a year now we've been able to sell CB products as well (there's always Paydotcom). Don't do CPA, but I've been accepted to CJ with no problems.
On the other hand, it's true it's VERY easy to do SEO for the Spanish speaking countries, particularly Argentina. There are more resources now than a couple of years ago and you can always send them to MercadoLibre -owned by ebay-. I even saw a few big classified sites based in Argentina that do extremely well on SEs, and they're not spammed to h** like Craigslist . Ebooks in Spanish are never more than a translation away, and CB is tending to expand to international markets (even by incorporationg alternative payment methods). Great moment to establish authority sites and there are big enough lists already to do good JVs, if you look for them.
Anyway, I do think there are great opportunities for anyone willing to enter Latin American markets.
All the best to you and please feel free to contact me if there's anything you need.
The niche is candle makers my target is based on "How to Make candles and Make good money" I will PM my website.
Check this thread about spanish market, might be some info.
I believe the market is still kind of young and some opportunities might come out in the future. But why not give it a shot, good luck!
I will check...
I belive this happend not only in Sain, happend in any country that still have not the "buy online" experience and culture. Argentina is just beginig to make the first steps on this.
Try doing some offline advertising for your product. It can be a little expensive but people can see you as an authority, and you are converting people into online buyers. Good for everyone
my sis makes $400+ a day selling herbalife offline to people in nyc (she only speaks spanish so it is only to latinos, latina women to be more specific).
Also I think that it is harder to convert latino traffic because we dont fall for scams that easily. I dont know how to explain this but if you are latino i am sure you know what I am talking about.
I market the span-glish people here in the States.
Because I can speak and write spanish.
I don't look for a specific product for the spanish
community I just hit up the spanish crowd and
hit em up with regular CPA..
They speak english and spanish .
Thank you for your input.
May I ask how do you promote your CPAs to this target?
Same way I do on a regular basis.
Spanish young people Also have businesses ..I sell them SMTP
Spanish young people Also do marketing ...Sell them the e-book
get the book translated (dirt Cheap)
The idea is simple for those of us who can
communicate in both languages.
Facebook...youtube..the ideas the same.
I live in Mexico and for me it is extremely easy to receive money from USA:
I have Paypal to withdraw directly to my mexican bank account. I receive my Adsesnse payments directly to my bank account. I can cash checks in an Forex store. I receive money via DineroMail and Western Union.
So as you can see, to receive money hasn't been a problem here.
At this moment, USD exchange rate is $12.8 to 1, so it's extremely convenient to earn in dollars and pay in pesos.
I market my own products and affiliate products and also I do CPA, and I work in both Spanish and English speaking people.
Being accepted by a CPA is a breeze here in Mexico. I am in 12+ CPA networks at this time.
Spanish people is hard to convince for a sale, so I have worked very hard in making a reputation for myself and things are easier each day.
I don't agree about the "scam" comment, but with the fact that spanish people is afraid to use a credit card, so they prefer to use alternate offline payment methods like DineroMail and Western Union.
Anyway, the fact is that the Spanish Market is still not booming, but it is definitely on its way to. The moment to tap into it is now.
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