Shoemoney owes me $97.50!
Well, not really. Back in mid 2009 during the height of the Flog (Fake Blog) craze for promoting get rich quick schemes, I was getting a nice spike in traffic by drafting off the massive affiliate media buys for the Google Income Kits. I would target organic search traffic warning people how the “free trial” isn’t quite so free. I got tons of subscribers and readers. Many of then asked for advice on beginner sites for learning to earn online.
I’ve been reading Shoemoney.com since I jumped into the Affiliate Marketing bandwagon back in late 2008. I ran into the famous $132,997 check on a forum and quickly devoured all the information on Shoemoney.com like a starving dog. I learned some great tips and tricks that I put into practice and increased my earnings.
When I found the Shoemoney Extreme free online course, I jumped on it to help my readers looking for a beginner course. The affiliate payout was pretty low, at only $0.25 per referral, but it wasn’t about the money. My readers were looking for advice and here was a free course from a reputable source showing them exactly how to get started. Don’t forget rule #1: Provide your readers compelling content and your traffic will increase.
So I added Shoemoney Extreme affiliate links at the end of two of my posts and started getting ~10 referrals a day. In a few months I could get a check from Shoemoney, and take a spoof picture like his Google check.
But alas, it was not to be. I had hit a whopping $97.50 in earnings when they pulled the plug on the payout per referral and changed to a 50% payout for the Shoemoney Tools offering which comes after the free course. I never hit the $100 threshold and was out of luck on pay per referral. I wasn’t upset, in business you win some and you lose some and this was small potatoes.
What I Learned From the Whole Thing
- You can never go wrong giving your readers compelling content from other sources, even if you don’t make a dime on it. Many of the referrals I tracked came from logged in visitors who had commented, subscribed and returned time and again to this site.
- Always have many sources of income in your business. Any one stream can dry up at a moments notice. Losing one or two sources shouldn’t put you out of business.
- Single company affiliate programs can put harsher terms on their programs than with a larger network.
- Get over it, move on. Business is business. Don’t roll over though. If someone screws you out of a large affiliate payout, be ready to retain lawyers.
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Great source of internet money making
You are so right about all your four last points. Internet marketing and making money online requires a long and perpetual learning curve and until you spend a lot of money through trial and error, you wont make any money. It takes time and focused ability to learn and absord all the new information daily.