The affiliate marketing industry is worth billions of dollars and is only growing. Solo ads are one of the most popular and effective ways to make money as an affiliate.
With solo ads, you can make money by promoting other people’s products and services to your mailing list.
A solo ad is basically a pay-per-click advertisement that you send to your mailing list. You are paid for every person who clicks on the ad and goes to the advertiser’s website.
The amount you are paid per click depends on the agreement you have with the advertiser. Some advertisers pay as much as $0.50 per click, while others may only pay $0.10 per click.
The average solo ad prices range from $0.25 to $0.50 per click. But, there are also some high-quality solo ads that cost upwards of $1.00 per click.
If you have a large mailing list, you can make a lot of money with solo ads. For example, if you have a mailing list of 10,000 people and you’re paying $0.50 per click, you could potentially make $5,000 for every 1,000 clicks (or $5 per person).
However, it’s important to note that not all clicks are equal. Some people may just click on the ad and then immediately leave the advertiser’s website (known as a “bounce”). These clicks are not worth as much as someone who actually stays on the site and looks around (known as a “conversion”).
So, how do you find the best solo ads? Here are 3 tips:
1) Do your research – There are many solo ad directories where you can find potential advertisers. Spend some time browsing through these directories and see what kind of offers they have available. Pay attention to things like the quality of their website, their sales page, and their offer. Also, take note of any reviews or testimonials that they may have from past customers. The more research you do upfront, the better chance you’ll have of finding a quality advertiser that can provide you with a good return on investment (ROI).