The Profitmuse Blog

Well it looks like I’m finally going to have a lot of time to focus on internet marketing. My regular J.O.B. is wrapping up in another week due to a merger and a bunch of layoffs. I’m looking at this as a kick in the pants from above to sink my teeth into internet projects full time. The last several months I’ve been resting on my laurels (a few projects bringing in residual income) but now I’m going to hit the keys with no distractions.

I do believe it’s possible to do this full time. I’ve had consistent results and glimpses of mega success since I started this venture. There were weeks over the past year where I made way more than my regular salary and I know that can be a regular occurrence with some effort. No doubt about it - this stuff works.

The first thing on my plate is to redo a couple of Ebay niche sites. I had 29 of them set up using a rapid landing page generator and my custom research tool. About 5 of those were profitable but most of the profits were getting eaten up by PPC costs. Recently my main site got “Google slapped” and all the minimum bids went up to $10. Not a big surprise. I was expecting it to happen eventually as the sites were pretty thin. I need more content to keep the big G happy. A friend of mine is doing the same thing but using BANS (Build a Niche Site) software and going the natural search method. He’s making about the same as I was but it’s all profit since he doesn’t have the ad costs. I’m going to try that with a couple of the niches I know are profitable.

Watch this space .. I’ll be updating it a lot more frequently.

mike
:8^)

Ebay Mini Sites: I’ve managed to get about 30 Ebay mini sites up and running. They were hovering around profitable but I left them on auto-pilot while living my real life for a while. I’ve since trimmed the fat and they are pulling in about 100% profit now (at least this month). There are about 3 niches in the bunch that could make decent money if I wasn’t paying the PPC costs. My next plan is to convert those over to BANS (Build-A-Niche-Site) sites and focus on getting them up in the natural search.

Composter Blog: We started a blog about using our electric composter a few months back mainly as an experiment in natural search and blogging.  I initially spent a lot of time promoting and bookmarking it which seemed to work until it mysteriously vanished from the Google index. I checked back last week and it was on page one. Go figure! When I last looked it was at number 3 for “kitchen composter”. We haven’t done anything about monitizing it yet.

Pay-Per-View traffic: I bought Gauher Chaudry’s latest course. Very promising but I haven’t put in the legwork yet. I believe he’s releasing a few more copies this week. The companion software product is killer.

Product Development: As part of my Ebay site development I commissioned a great little software tool that I have been tweaking to be extremely useful. I’m working towards releasing this as a product but I want to fine tune the system that goes with it first. You feed high search keyword phrases into the tool (validated demand) and the tool checks these against what is actually selling and in demand on Ebay. This gives you an instant list of potentially profitable keywords. It also does a competitive analysis of PPC advertising.

Other Fronts: Probably the reason I’ve been slacking lately is that I still have 3 campaigns regularly bringing in profits. It’s nothing to retire on but it does keep me in ebooks and expenses. My J.O.B. has been getting pretty interesting of late as well. Plus it’s summer …

Talk soon,

 Mike

It’s been far too long since I’ve updated this blog. It’s not because nothings been going on. Quite the contrary. I’ve been steamrolling ahead with a number of projects.

Most recently, I’ve been refining a process to build ebay niche sites. I’m building extensions on a system that allows rapid site creation. Then I buy traffic from Google and link up buyers with a niche site tailored to what they are looking for.

I’ve managed to launch about 12 of these sites so far. I’m not quite profitable yet but I do have a reasonable cash flow and I am refining the process daily. I’m confident that within a month or two this will be a new mainstay of my internet business.

Next I’ll tell you how I got started with this project and about a very special place where ideas flow like water.

cheers,

mike
:8^)

Woohoo! Profitmuse has it’s own blog at last. For those of you that have been following The Profitmart Experiment blog thanks and welcome to my new home. I plan to keep the quality information flowing and I’m looking forward to really creating a blog worth reading.

There has been so much happening in the last month. My head is swimming with ideas and projects. I bought the DealDotCom product today which was actually something I was looking at a couple of weeks ago. It’s a one time membership fee to a site that helps you find hot products. I followed up on one of the leads and it was good enough that I have a new Adwords campaign running for it.

In the next few months I’m planning to add a membership area to the Profitmuse site. I want to create a place where information is available in small digestible packages. I’ve been talking with a lot of people who are interested in internet marketing, but find it overwhelming.

A great instructor named Dennis Vance once told me a story that hits home in this regard.

He was living in the country and had a problem with deer getting into his garden so he built a fence. Unfortunately the fence he built was too low and the deer could jump over it. So he built one a bit higher. The deer learned to jump over that as well so he built a higher one again. This repeated until he realized that he had trained the deer to be high jumpers! If he had started with the highest fence the deer would never have learned to jump over it.

This idea is a perfect analogy to learning and making progress in your internet marketing career. Small achievable goals are essential to building up the confidence to keep going. If someone is presented with a really high fence they won’t feel that they can climb it. It is also important that each goal results in something concrete and rewarding.

The other guiding principle for teaching is:

“education is not about filling a cup, it’s about lighting a fire”.

My job is not to stuff a lot of information down your throat. My job to open that door just wide enough that you can see the other side and get there yourself.

Hang on. It’s going to be a great ride.

mike
:8^)