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[METHOD] Review Sites ARE OUT! The Discount Site Method - Give a Little, MAKE $$

Discussion in 'Making Money' started by KraftyKyle, Jul 1, 2013.

  1. KraftyKyle

    KraftyKyle Jr. Executive VIP Jr. VIP Premium Member

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    One of my friends said he was creating a WSO... I asked him what the product was and he explained it to me... My response: "Hey I explained that method to you over a year ago. Screw you I'm posting it on BHW." If he keeps giving me crap about this, I'm going to post the link to his WSO when it launches and everyone should purchase it and instantly request a refund just to piss him off. Anway, here it is:


    I am in no way claiming to have thought of this method as it's been around for A LONG time. I was just chatting with a few different people on skype the past few days and they had never heard of this method. I was so confused. I searched the forum and didn't find anything, so I thought I'd put it out there. It's nothing that is going to blow your mind, but it can bring you in a few hundred extra bucks a month...

    I'll call it "The Discount Site Method"...

    I'm all for newbies creating review sites and making review videos and earning affiliate income that way, but let's be real, who really believes review sites? No one. Slowly they have become less and less effective. What does every review site have in common? "This product is 5 stars out of 5 stars! We highly recommend it [through our affiliate link of course]!" It just isn't working as well any more. Yes, it can still get you affiliate commission, it's just dead compared to what it was 3+ years ago...

    Now, people will hear about new products on forums or from friends and then their first instinct is (and yours should be this as well), "How can I get this for free or for less than what the actual price is?" We do this every day. Whether it be by gathering coupons for the grocery store, buying things for less on craigslist, eBay, or Amazon, or looking for deals on domain names, we all are looking to get a good deal.

    Let's get to the point: Some info products or online courses aren't or can't be leaked to BHW or other forums. In this case, the person who wants to purchase it now knows they can't get it for free. So their next instinct is to see if they can get it for cheaper. People search google for "[product] coupon code" or "[product] discount". THIS IS WHERE YOU COME IN.

    For upcoming products, you will be offering a discount! When I first mentioned this to some people, they thought you had to get in contact with the owner of the product and ask if you could give a discount, and that it was some extremely difficult process. It is incredibly easy and anyone can do it (yes even you)!

    All you have to do is sign up for the affiliate program for a given product. Generally affiliate commission ranges from 50%-75% (these are the ones you should focus on). Let's say the product is $50 and you get a 50% commission (worst case scenario). You can offer a 20% discount and still walk away with $15 every time someone purchases the product. You're still not getting it, are you?

    Ok, let me lay this out for you so that you will be able to replicate the process for any product or service:

    There's a hot new product being released next month. The product is: XYZPROFITS (no that's not a real product. Substitute XYZPROFITS with name of the product you are going to promote). You will register a domain name of something like:
    Code:
    http://XYZPROFITScoupon.com
    http://XYZPROFITScouponcode.com
    http://XYZPROFITSdiscount.com
    http://XYZPROFITSrebate.com
    You will then throw up a WordPress blog on the site (which takes a total of 12 seconds) and put up an article saying something along the lines of (please don't use this word for word for your own sake)
    Then later in fine print tell the visitor that they are able to claim the discount 30 days after their purchase by sending an email to DISCOUNT@YOURDOMAIN.COM with their name and order number.

    Did you catch that? They are only able to claim the discount (or really rebate in this case) after the 30 days has passed. This is generally how long the 100% satisfaction guaranteed refund policy lasts so once that time is up, your commission is secure. Once the commission is secure and they send you their order details, you then can paypal them the discount you offered. (You get $25 commission on a $50 product. After one month you send them $10 as you'll be receiving $25 for the commission, giving you a $15 profit). It's as simple as that.

    Then once the product is launched, watch as the sales come in.



    More Info and Tips:

    1) Include Bonuses: If you have competition and want to make your site stand out, search for content related to the niche on BHW or google and download it and then add it as a bonus if they purchase from your link. Have them send you an email instantly after they purchase with their name and order number and then you will see you have a sale and you'll send them the bonus via email and let them know they'll be receiving their rebate in 30 days.

    2) The Blackhat Way: You can make this a more "blackhat" method and don't even send them their rebate when the 30 days is up, giving you 100% of the commissions, but I've found it generally works out better in the long run if you honor the discount.

    3) Create a Brand: if make a domain "IGIVEDISCOUNTSONEBOOKS.COM" and then create a subdomain for each product, you save money on domains but you also create somewhat of a brand. If people get a discount from you once and then are looking to buy another product that you happen to offer a discount for, they are going to go with you 10/10 even if one of your competitors if offering a larger discount. Why? They trust you. They took a risk with their first purchase and it was kind of sketchy, but since you came through then, they know you'll come through again. They may even go through you 3-4 times depending on the range of product discounts you have to offer.

    3b) If you do create a main domain and try to create a "brand" around this, try offering instant discounts to anyone who has purchased 2 or more products through your links. Why? Because if they have purchased through your affiliate link and you've been paid out commission twice, chances are they're going to come through again. AND TO JUST TO MAKE SURE, put at the bottom of the terms that they must send back the instant discount if they end up getting a refund. Most people are fine doing that as they know you've already held up your end of the deal twice... and if they're not, just file a dispute as YOU ARE NOT SENDING THE MONEY AS A GIFT. Most people will "issue a refund" on their end as soon as they see a dispute as it freaks them out a little bit.

    4) Instant Discount (not recommended): If you want to make yourself really stand out, offer an instant discount. This is RISKY and I do not recommend it. Though if there is a lot of competition and the product is just awesome, this may be the best way to go. Also, if you really don't want to create a website you can pay $40 or so and make a WSO. You won't have to bump it up as the organic search on that site is pretty decent. Example:
    Code:
    http://www.warriorforum.com/warrior-forum-classified-ads/648244-optimizepress-discount-69-28-off-immediate-pay-your-paypal-account-read-testimonials-inside.html

    After all of this you're not sure what products to promote? A site I like to check out upcoming product launches:
    Code:
    http://www.jvnotifypro.com/

    Please feel free to post questions. Thank you for reading and best of luck to you.
     
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  2. MicrosoftPoints

    MicrosoftPoints Regular Member

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    Nice post.

    Basically if the user trusts you for receiving the discount then you will convert. They are already somewhat likely to purchase the good, however they want to find a coupon first.

    The thing is, does the person need to offer support? And wouldn't this be somewhat of a squeeze page?

    Thanks
     
  3. ok888

    ok888 Jr. VIP Jr. VIP Premium Member

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    Been using this method for awhile now but I see more and more people building this type of sites One quick tip for people who want to build discount sitePut your own twist in it and be creative because these type discount have quite some competition compare to couple years agoThanks for sharing Im sure newbie will find it really useful
     
  4. KraftyKyle

    KraftyKyle Jr. Executive VIP Jr. VIP Premium Member

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    Yes, the visitor is already looking to purchase the product and it's just icing on the cake to offer them a discount and bonuses along with it. You DO NOT need to offer any type of support as the creator of the product should be offering all the support they need. As far as a squeeze page, it depends on how you're defining squeeze page there. A simple blog post with an affiliate link will do as you're not looking to capture any opt-in details.


    Yup. Like I mentioned, it's definitely not anything new but it can still bring in a couple hundred dollars a month simply by implementing.

    ... and great advice. ALWAYS APPLY YOUR OWN TWIST.
     
  5. ibmethatswhoib

    ibmethatswhoib Jr. VIP Jr. VIP Premium Member

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    I used it to make some money but never put a lot of effort into it, might have to give it a go again.
     
  6. sidddd

    sidddd Power Member

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    Nice post. I had a similar idea going through my mind this week. As I will be getting commission less than 5% for every product sold, I will be giving away a book or two as a bonus.
     
  7. Nogginthenog

    Nogginthenog Newbie

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    I really like this idea , and I do think offering some sort of product bonus is definitely a good angle, loads of copyright expired content out there on every subject imaginable.
     
  8. amIdreaming

    amIdreaming Regular Member

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    cool method
    just like a CPS with cash incentive :D
     
  9. SilverMovieDownloads

    SilverMovieDownloads Power Member

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    Wouldn't there be legal issues, If you decide to build somewhat of a brand, binding with this specific method?
     
  10. S E O

    S E O Power Member

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    Good method sounds interesting but no time to start the practical work

    cheers
     
  11. lakim0

    lakim0 BANNED BANNED

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    You must spread some Reputation around before giving it to KraftyKyle again.
     
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  12. WhitePassion

    WhitePassion Elite Member

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    It's a shame I've been so rephappy the past two days, now I can't give some to you for this great twist :(
    "You have given out too much Reputation in the last 24 hours, try again later."
     
  13. HelloInsomnia

    HelloInsomnia Jr. Executive VIP Jr. VIP Premium Member

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    You should for sure honor the discount - but like Kyle said don't give them an instant one. Also, make sure it is their responsibility to contact you 30 days (or whenever the refund period is up) later. I think you will find that most will forget about it and you will reap the full commissions this way. This is why you see a lot of $1 trials on products - because the user feels like there is "no risk" and yet the product owner knows that 80-90% will not cancel during the trial period.

    If you find the same thing with this technique you may be able to offer a much larger discount for them if you find that they don't contact you later on for their money. Just make sure you set a time frame to when the offer expires like you must contact me 30 days after but at that time you only have 2 weeks to do so.
     
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  14. .:mAestro:.

    .:mAestro:. Regular Member

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    Is he still your friend?
    Just kidding :)

    Great post! I can already see bunch of these sites being buil in next 10 days :)
     
  15. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    I did that with a couple clickbank products for over a year and it worked out quite well.
     
  16. MadMaddy

    MadMaddy Junior Member

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    Good method, thanks for sharing

    I'm thinking about making a review+discount site so that the buyer can read the review of the product and also get a discount.
     
  17. zebrahat

    zebrahat Elite Member

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    This is a great description of building an alternative to review sites. I don't think discount sites are necessarily better than review sites, just less utilized. Both kinds operate off the same principle of catching the visitor who is in the "buying zone" using buying keywords and hooks. It's the culling of those near buyers that drives the sales, which is why some of the lamest review sites still work. They don't have to really believe in the reviews or discounts, they just have to be drawn to those pages in the first place. The discount site format simply catches such near buyers in a different way.
     
  18. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    Btw, doing an instant discount (rebate via paypal) was never a problem Out of maybe 300 transactions I only had 1 buyer that canceled the order and failed to return my money.
     
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  19. Exine

    Exine Junior Member

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    Thanks for sharing another great method with us Kyle. And like you said, in no way is it new, but like myself, I'm sure other learned from this method whether they want to try it straight up as you posted, or they got a new twist combining another method with this one.

    Regarding the instant discount, as I was reading this thread, I was looking up some products that I could try this out on and a couple of them had the refund rate posted in the affiliate section (although it may be fake). So this may be something to look out for if you are wanting to do this with a product, also I'm sure that you can contact an affiliate manager or the seller of the product and they can give you the refund rate. However like Kyle said, take precautions still with the instant discount because they could be lying to you.

    Although you made your points in the guide pretty clear and you gave a couple of examples, I still have a couple of questions myself.

    1) If we were to give this a shot and invested a little bit of money into a theme, hosting, and domain how would we be able to compete with the already existing coupon/discount sites? Whenever I look for a discount of a product myself, I always find the first couple pages of google filled with already established sites.

    - Or for those of us that don't have a lot of experience in SEO for websites and have a small budget, would you just recommend going with the cheap WSO?

    2) I'm not sure if you are experienced at all with clickbank, however I will put this question out there for someone who is. Let's say the affiliate program is through clickbank. Someone buys the product off of your hop and you get the $20 comission through clickbank. If they refund will the money get taken from your clickbank as well?

    Again, thanks for the guide and I hope you can answer my questions!
     
  20. augudyne

    augudyne Newbie

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    That's insane. Im one of those ppl who search coupon codes