Milking The Mobile Cow and Ahem Printing Money
Have you ever heard a marketer talk about printing money online effortlessly?? I bet you sneer and look the other way. I certainly do.
And when you get an email telling you how easy it is to make a killing without a website, list or virtually any online real estate, I bet you ask yourself – what kind of scam are they selling now?
After all there are no push button riches or virtual ATM cash machines online. Who ever gave you a free lunch, ever??
Well I thought these were scams and most of them are, and I will tell you why they probably are in a minute and it’s not why you think.
But I HAVE discovered the cash cow, and it’s mobile.
Yes, I just figured it out – it’s called mobile media buying.
And to be honest, it is so profitable and scalable that if someone wants to teach it to you they probably aren’t doing it right (aka scams). That is because it is way more profitable to spend a few hours setting up and optimizing your mobile campaigns than it is to teach it.
Yes, you heard me, You can make way more money just doing it yourself than you could ever make teaching it so if someone wants to teach you, they probably aren’t doing it right, or at all.
And as I write this post my mind is wandering to my campaigns, silently whispering, enough blogging, let’s get back to business!
You see today I invested a measly 13 cents and made 17 dollars in return. Now I am not a math wizz but isn’t that 130 times my investment in profit?
So yes, I am printing money so excuse me if I keep this short.
So Duru – What does it take to get into making money with mobile ads?
You need to want to do it. You need to want to see results fast. You need to be stingy and you need to be a go getter.
The shorter your attention span the better.
And yes, you need to look at stats.
You see there is a learning curve to this and some key sources of information for you to learn and analyze, so there is some research and testing involved.
You see I have been asking a zillion questions.
Every affiliate network manager I can get on the phone has been subject to my interrogation:
- What is converting on your network?
- What ad networks do you recommend?
- What kind of traffic do these ad networks have?
- What geographic and demographic regions is each ad network the best for.
Then I start asking about carriers, and it goes something like this:
- So you are from the UK right?
- What mobile phone do you have?
- Who is your carrier?
- What other carriers are in the UK and what can you tell me about them?
And on and on I go.
Then I get to the devices
Do you know which devices are most popular for Android or which IoS phones are most popular in country X?
Then I move on to the ad networks:
- What offers are converting on your networks?
- Which affiliate networks do you recommend?
- What countries have the best traffic on your network?
- What types of offers work best – click per sale (CPS) or click per install (CPI)?
And if someone doesn’t want to talk, that’s fine, I just tell them I need to move on. Why? Because I am learning to print money out of cents.
So if you want to make money with mobile marketing you need to take some action Duru style. Get over being shy and start ahem (pardon my French) printing money for your self and thank me later…