5
Oct

BANS Is For Sale For A Mere $500,000

Owners of Build A Niche Store just got word that the eBay affiliate store builder is going on the auction block. Yes, BANS is for sale. Actually it’s already up for auction at Flippa.com and you can own it for a Buy It Now price of only $500,000. Or if that’s a bit too steep for you and you think you can get it for cheaper through the auction process, the opening bid starts at just $200,000. I’d sure like to collect an affiliate fee on that sale.

Not only is BANS for sale, but everything related to BANS including N1Way (which was honestly a bit disappointing) and 27 related domains in various stages of development go along with it. It does seem kind of odd that the developers just came out with the new ebook or e-online-whatever, The N1Way or The Number 1 Way To Make Money Online only 3 months ago and they are now selling the whole show. Actually when you see that the total revenue generated from the ethingy N1Way was only $16,926.59, it’s not quite as surprising.

It’s a pretty interesting read at the auction page to look at the profit generated from BANS and all the domains that go with the sale as well as how the profit from BANS took a serious nose dive late last year and into this year. Profit for 2008 was $267,985 and profit so far for 2009 is right around 20% of that at $54,009. In reading the auction page you see the revenue drop off beginning in July or August of 2008 where they state:

At this point BANS was starting to get a bad reputation as being used by spammers so we re-developed the sales presentation and user forum accepting a significant cut in revenue so that it would have a legitimate shot as a long term project.

It was about that time that several people including myself started seeing some of their version 3.0 BANS stores getting deindexed by Google. I’ll take part of the blame for that in that I was putting up too many stores and not having enough time to fully develop them, while a lot of the blame goes to eBay affiliate spammers who used BANS for hundreds or thousands of garbage sites with no content and only auction listings. The general consensus was that Google didn’t like this and identified something in v 3.0 that was a footprint and removed many, many sites from its index. Some of my eBay affiliate income has returned since taking a big dive around the end of 2008, but it’s still not where it was at its height of around $1,000 per month.

While BANS is for up for auction, it in no way changes what I’m doing with it. Since the glory days, I’ve continued to work on a couple of my sites with one taking up the majority of my BANS related time. Getting backlinks and working on a blog added to my primary store has made somewhat of a difference and that will be the direction I’ll continue to head in for the time being as far as BANS relate affiliate revenue. I also have several other sites with eBay auctions and the good news is that my Quality Click Pricing Report last month was significantly more than twice the actual revenue earned. As long as that holds, I’ll have nothing to complain to eBay about its new click pricing model. If it doesn’t, well then, it will be suspect.

BANS will still continue to be a great product regardless of who owns it as long as you develop your stores and treat it like a business.

Popularity: 38% [?]

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30
Jun

Bulid A Niche Store – No Further Development

Build A Niche Store (BANS) users received an email yesterday covering a few things and one was letting us know that the current owners will no longer be further developing the product. They feel that as far as they’re concerned they’ve taken BANS as far as they intended to. In fact they probably took it further than they intended. But that doesn’t mean BANS is dead or that it is going to disappear in the future. That just isn’t going to happen because as long as you own BANS you can still build stores with it and if the developers sell, (they’ve had inquiries) well, then it will just get better.

A second thing covered in the email was basically a schooling for those that have built BANS stores, or any niche site, with either no content or unrelated and non relevant content. Speaking of the model of affiliate marketing that only the committed will make money at, they said:

If you don’t truly know the model (the requirements of the model) how can you successfully develop sites to profit from it?

This has always been a shortfall for BANS.

It’s always been just a tool – some of you have loved it, some of you have outgrown it and some of you have abandoned it.

With no direction, the idea of the “quickest path to success” is the one that many followed which meant the rapid development of poorly chosen, poorly planned, poorly built, poorly marketed and poorly managed sites.

The result of that process is inevitable – regardless of platform.

If you can’t see that you’re wasting your time.

That’s what I’ve been saying for the last year and a half here at AffiliateConfession.com even though when starting out building my BANS sites I played into the build-a-ton of sites mentality. Now, there’s nothing wrong with building a ton of sites if, and only if, you can develop them properly. Unfortunately in many cases that isn’t what has happened with many who have purchased BANS. As mentioned in the email example above, many have looked towards the “quickest path to success” with BANS and it has turned out to be no path to success at all.

Which brings me to the third part of the email where the developers are announcing a new product they’re releasing soon that will teach people the number 1 way to make money online. In fact, that’s the name of their website and where the new product will be released from when it’s ready. The url is TheNumber1WaytoMakeMoneyOnline.com. There’s not much to see there right now, but you can download a free pdf file that covers what will be in the guide.

When the guide is released it’s only going to be $24.95 and although it’s probably more geared to beginners I’m still going to get it because there’s always something to learn and I trust the guys that developed BANS because I love the product and the developers have never been about hype so I know they’re new guide will not be about hype.

There’s such a need for a straightforward product like this because there’s so much wrong information available about how to make money online today. And there are so many people who need to hear once again that there’s no quick path to success. I probably need to hear it again as well and for only $24.95 I trust it will be a pretty inexpensive lesson.

Popularity: 17% [?]

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11
May

How Much Content Should Your BANS Store Have?

I haven’t written much lately about Build A Niche Store, but I still do come across those stores that have little or no product descriptions and absolutely zero articles for content. And since I’ve been working quite a bit on my gold coins BANS store I thought I’d discuss how much content you should add to your store and a couple things you can do to get better rankings and more traffic.

Besides product descriptions of at least 2 paragraphs for each and every one of your products pages you should treat your BANS store as an on going project and continue to add pages to it on a fairly regular basis. I changed my philosophy back several months ago as did many BANS users, because of sites getting deindexed, in that the general consensus had been to build as many stores as possible and add content as you could. Now, I wouldn’t recommend working on more that one or two BANS stores at a time until you can add at least 30 or 40 pages of content to each one along with appropriate descriptions for each page that features auctions. You also want to get 30 or 40 articles to start off with placed in article directories for those all important incoming links.

Now, don’t think you’re going to get away with picking up a few articles from an article site and throw them on your store along with nonsensical product descriptions and poof, you’re done with that store. I’ve never been one to advocate the easy way of affiliate marketing and anything other than serious treatment of your content by giving your niche audience the quality information they’re looking for just isn’t worth doing.

Once you have your 30 to 40 pages, the same amount of articles and relevant product descriptions, congratulations, you now have the beginnings of a BANS store. I’ve read on the Build A Niche Store forums that some people have put up 10 or 15 pages of content on their sites and now they can’t think of anything else to add to their site. If you can’t think of more than 10 pages of content to add to your BANS site then either you need to change your niche or, more than likely, you need to expand your thinking.

On my gold coins BANS site I currently have 78 pages of content in several sections such as alternative investments, buying gold coins, the financial bailout, gold bullion, rare gold coins and more. These are all subjects related to gold coins that will eventually draw in the kind of visitor that could possibly be interested in either collecting gold coins or investing in gold coins. It’s not really that hard coming up with stuff to write about related to your niche. Just go to Google News or Google Blog Search and search for the top keywords in your area of interest. You’re bound to find lots of ideas for content and articles for article marketing.

As you continue to build your BANS store, the more relevant, quality content you add, the more your site begins to look like quality site to the search engines and your visitors. As far as some of the other things you can do to get better rankings are remove auctions from your home page and start a blog on your BANS site. I’ve seen my site completely disappear for some top keywords in just a couple of days when turning on home page auctions and then have watched that totally reverse itself in the same amount of days when flipping the switch again. I don’t have a clue why this happens, but Google just doesn’t like to see BANS sites with auctions on the home page, so get rid of them.

Also, blogs normally only take a few days to appear in the search engines and the gold coins blog added to the BANS site, while it only has 8 posts, it is indexed and starting to get traffic. The blog covers some things related to gold coins and other economic news and gives me an outlet to rant about the current state of financial affairs in this country while giving people access to alternative investments in gold if they choose to do so.

Yes, building a quality BANS site is still a lot of work, but having a successful affiliate business is all about work and quality these days. There are certainly smart and easier ways of building your affiliate business and a BANS store, but there aren’t any short cuts to easy money any longer.

Popularity: 27% [?]

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17
Feb

Outsourcing Boatloads Of Content To Build Your Affiliate Empire

For the last couple of months or so I’ve been outsourcing major amounts of content to build up my top TripAdvisor and Adsense earnings websites and blogs, for article marketing and to build up my top earning BANS eBay store as well. When I wrote about my goals for 2009 back in December 2008, I had stated I wanted to focus on the things that had been solid money makers and Adsense was one of them. One thing I didn’t include was the top BANS site that has at times made over $1,000 per month. That site, along with another site in the same niche, only broader, will be included in this year’s work because they have way too much potential to just let them go. They are especially relevant to today’s troubled financial times.

This past Friday I received my second order of 100 articles bringing the total number of outsourced articles so far this year to 210. I have used Elance.com in the past with good success, but decided not to go through them this time because of the amount of work I want to get done. The thought of waiting for bids, screening writers and working with possibly 10 or 20 different people to help accomplish my goals for content this year wasn’t appealing, so I instead found 1 company that can write all the articles I need. I’m looking at doing possibly as many as 1,000 articles this year.

I initially sent a test set of 10 travel articles at the end of December to SEO Article Writing Pros and they did such a good job that I have since sent them 2 additional orders for 100 articles each. The first set of 10 travel articles were written as if they were reading my mind. Except for a few minor spelling mistakes, the articles were exactly what I needed. Then the first set of 100 articles were for 2 different niches and 3 different sites, plus for article marketing. There were a couple of articles that need to be re-done and they were promptly back to me the same day.

To alleviate any miscommunication for the next set of 100 articles, which were much more technical, I included from 1 to 3 urls for the writers that gave specific information on exactly what I was looking for. Initial instructions always include a keyword phrase or title for the article and a 1 to 2 sentence description of what I’m looking for. It’s very important to give as much information as possible to your writers so you won’t be disappointed with what you get back.

Cost for articles at SEO Article Writing Pros is 10 articles for $10 each, 25 articles at $9.50 each, 50 at $9 each or 100 at $8.50 each. Smaller quantities are available at either $13 per single article or $12 each for 5 articles.

The plan was to originally have about 20 to 30 articles done per month, but I immediately brought that up to 100 articles per month because I wanted to start off the year with a bang. I’ll probably skip sending in an order for March, but will send in another for April.

The articles are being used for adding content to travel sites and blogs to ultimately earn more Adsense revenue through organic search traffic. For the BANS site the content will be to get more organic search engine traffic that ultimately ends up at eBay. The BANS site will eventually have more Adsense added to the site depending on how much traffic it ends up getting, again, from organic search. The articles will also be used for article marketing to get more incoming links and boost the natural search traffic to those sites and blogs.

I’ll go into exactly how I’m doing the article marketing and adding the content to the sites and blogs in a future post. In the mean time, if you want to jam out some serious content, give SEO Article Writing Pros a look. Go ahead and check them out, I don’t earn anything for recommending them.

Popularity: 18% [?]

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2
Feb

January 2009 Affiliate Earnings Report

Time for another affiliate earnings report and unfortunately income is down for January by a fairly significant amount. One of the reasons for this was an $800 expense for content outsourcing that doesn’t have any direct earnings payback for the current month it was spent in. Unlike spending that much for advertising that has an immediate direct payoff, it’s likely to be 3 months or so until that $800 starts to earn back some revenue.

With PPC when you stop spending, you stop earning. But I’ve decided to outsource much of my content writing and build up some of the most profitable or highest earning potential sites that will take some time to see a return. The content being created now however, should pay off for many months or years to come. I’m looking at having a much higher and more solid Adsense income of some $3,000 to $4,000 per month and resurrecting my best BANS site that has in the past earned up to $1,000 per month. This BANS site has huge potential and is especially relevant to what’s going on in the economy right now. It’s too valuable an internet property to not give it the best effort to get it back to bringing in more revenue.

Total revenue was $3,630.12 and expenses were $1,543.26 giving a net earnings of $2,086.86. You may notice earnings for Amazon listed below. This has normally been classified under “Other Affiliate Income” because earnings were minimal, however this past month was over $250 for Amazon which is pretty significant since between my wife and I it took over 1 year to earn our first $100 through the big A, but I’ve found a way to earn some decent extra cash through PPC and I’ll probably blog about it in a future post.

January 2009 breaks down as follows:

Google Adsense – $1,376.02
Commission Junction – $52.70
EPN – eBay – $401.92
Meal Planner Ebook – $68.00
TripAdvisor – $137.74
Clickbank – $161.87
Private Advertising – $140.00
AzoogleAds – $412.75
Amazon.com – $259.60
Neverblue – $433.10
Other Affiliate Programs – $186.42
 
Total Revenue- $3,630.12
 
Total expenses – $1,543.26
 
Total Income – $2,086.86

Yes, income is down a bit from the highs of last September and October’s average of $5,000 per month, but sometimes you have to take a step backwards to ultimately move forward. More outsourcing is in the works for this month as well and eventually it all should pay off in a big time way.

Popularity: 10% [?]

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