William Charlwood

I mentioned GadgetSpots to one of my lists yesterday evening UK time. I now have 41 people signed up below me and 19 below them taking the total to 60.

I’ve also made $24 which is not a large bunch of bananas but my earnings will grow and I have a feeling that more people will convert to paid membership once they spot what’s going on here.

The key stats are that I have got 19 2nd tier members from 41 1st tier members and that’s in under 24 hours. I expect to get more than 41 2nd tier members soon and that is a key performance indicator that will suggest the product is going exponential. A great time to be on board but obviously it can’t go on for ever at that rate or we’ll run out of humans.

I mentioned to the developer – Bill Burdin – that it might be a good idea to incentivise the upgrade by paying out more to those people who do upgrade so as to encourage network growth. He’s thinking about it.

So how do you motivate people below you to take action? There’s actually quite a simple method you can employ and if you sign up for my blog email alert you’ll know when I go public on this.

Finally got round to submitting a new ad to the GadgetSpots network today. My first one was obviously TOO cheeky – I was advertising GadgetSpots within the GadgetSpots widget. A sort of narcissistic, iterative advertising.

Naughty boy.

Actually since I started doing that not only has my original ad been deleted but there’s also an explicit statement on the site telling people that they are not allowed to do this.

So anyway, I created a new ad today spurred on by enthusiastic reviews by various folk I trust online and I’ll be tracking the stats carefully and reporting back.

One of the things you can do with GadgetSpots ads, as you can with any traffic generating system, is to promote something that can make money for you on autopilot so you really need to have either a commercial website of some sort or to have selected a product you can sell as an affiliate. In fact that’s one of the beauties of something like GadgetSpot – you just set it up and use your own ads to drive traffic to a link that can make you money.

But what if you don’t have anything in mind? Well try this for starters. It’s a powerful ebook that you can sell. Get your own copy here.

GadgetSpots are a new type of traffic exchanging advertising. You sign up (free-ish) and you can get your ads on loads of sites. In return you agree to display a GadgetSpots ad on your own site.

At the time of writing I’ve put one on this blog.

A few thoughts: there are 2 levels of GadgetSpots membership. The free one shares out 25% of impressions. If you pay a monthly subscription you get 75% of impressions. But that’s where it all gets a bit confusing. On the GadgetSpots website the numbers don’t add up. I do think the system will deliver traffic and if it grows then paying for a small monthly subscription will make sense especially since you control the wording of your ad in the GadgetSpots widget that goes on other people’s sites.

Like all these things, you do need to write the copy of your ad carefully in order to get as many clicks as possible. Do that though, and you’ll benefit from free targeted traffic easily. If that works out for you, buy the upgrade to triple your traffic.

Ok, so that’s GadgetSpots. Here’s the issue I’m thinking about though.

It seems highly likely to me that this blog will very shortly rank very high for the word GadgetSpots on the basis of recent results. So in order to capitalise on this should I write a post now when GadgetSpots are fairly new?

Or should I postpone writing for a few weeks when knowledge of the system will be much wider spread – and so will search volumes?

It’s a difficult one: it’s good to rank first but only if people are actually searching for the keyword you rank first for. To maximise the value of a top position on Google etc. you need big volume searches AND the ability to convert those searches either directly or indirectly into dosh.