TheRascal Posted August 13, 2015 Share Posted August 13, 2015 I've bought three homes in the last 6 years, and have done a ton of work to them, and had to re-outfit every one of them. You can't name one item, NOT ONE, that I would have been better off buying from an affiliate marketer. Just show us one of what you consider to be a good website from one of these people. And these people that put their pitch in comment sections on blogs all over the internet....how pathetic. No, they didn't make $6642.27 last week while they took care of their three illegitimate kids. You don't get it, you're seeing the dregs of an industry not doing things the right way and assuming everything is the same. It's like getting ripped off by a bad builder and saying the entire building industry is a con. What you're referring to is spammers and not all affiliate marketers are spammers. If you've bought something online you might have no idea if an affiliate has been involved somewhere - read a review or product comparison and clicked a link through and then bought something? That site maybe got a commission. Clicked a banner ad for a hotel and then booked while reading about a beach resort you'd like to visit somewhere? That travel blog just got an affiliate payment. To you the buyer it makes no difference, to the site doing the actual selling affiliate is a smart way of advertising as people are actively doing your marketing for you and you're only paying on results. As someone stated, Thaivisa makes money this way, from the number of visitors it probably makes a huge chunk of it too, is that earning not legitimate? Do you feel scammed when you see an ad for Thai Friendly? Stevehuffphoto.com is a photo review site, great camera reviews and content but effectively it's a large affiliate site, he's getting commissions on all clickthroughs - does that make him less of an avid photographer? Is the information on his site devalued because he makes money that way? I do agree with you on the fact that there's a huge problem of "gurus" trying to sell get rich quick schemes, posing infront of their hired cars and most people who pay for the courses won't make a single penny. Link to comment Share on other sites More sharing options...
rwdrwdrwd Posted August 13, 2015 Share Posted August 13, 2015 (edited) I don't have credit card debt, I don't have any loans whatsoever, but this is not really the point. You stated yourself that you add 30% markup the repossessed houses you buy, and that you charge 9 - 12% interest, on a loan that will last decades, and that you target people that cannot qualify for loans with traditional lenders. Furthermore, you structure the setup in locations where legislation and with contractual agreement that in the event they do not keep up payments for the term of the loan, you get everything back very easily and they get nothing. It is of course good business sense, and I'm sure you're operating entirely legally, but given your references to young people being unable to afford to buy property, claims that many 'digital nomads' are in the business of ripping people off, and the intimation that many of them are doing something that may be considered immoral and distasteful by many - this nugget of information bears particular irony to me. Also don't see any positive message whatsoever in instilling the belief in young people there are no jobs and no prospects, that life will inevitably be full of debt, and ridiculing any ideas they may have about earning income from the digital economy. Especially when following it up with a comment regarding a decent way to make money being flipping houses, that being one of the very things they cannot afford to even get on the bottom rung of. Basically sounds like 'forget your dreams, get down, stay down'. My advice to the youth of today is do the opposite to all of those things - plenty of people are successful following their own path, and it's getting easier and easier. I didn't say I do it, but that is how it is done. Those people can continue to rent, buy a house/condo that conforms to conventional lending standards, or clean up their credit. It's their choice. Some need bridge loans while their other homes are being sold....1% per month is about standard...but real estate can appreciate at 20-50% per year, depending on location. You're taking risks, when you buy on the courthouse steps, usually without seeing the inside. It's not for the faint-hearted. The outcome will be the same in a State like Maryland, Illinois, or Florida....it just takes longer, and of course there are lawyers, who specialize in delaying the process. You don't even have to buy the house, you can let the buyer find the house, then you simply become the lender....you have the right to determine the down payment, the late fees, the term. There are often peeople on Craigs List looking for this kind of Hard Money Loan. We had houses in Las Vegas, Phoenix, and all over Florida selling at 20% of their previous sale price....So the folks that got these hard money loans made out more than the lenders. If you didn't have cash, would you rather pay 2 million for a studio condo in CNX at 3% APR, or buy one from the bank (that they won't finance) and use a hard money loan at 12% APR? Acquiring land through tax sales can also give high returns, and that is something that could be done from abroad. You pay someone's taxes for three years...they have to pay you back the taxes plus 16% APR, or you can take them to court and be awarded Quiet Title. Usually the owner is a developer, who just refuses to pay until the lot is sold, and the ones they lose are just a cost of doing business. Probably sounds pretty evil to the Michael Moore Club, but the police, fire, and teachers need to get paid. I browsed through some of the warnings about the affiliate marketing programs, SEOs, special Guru seminars....the theme seems to be it's all about paying to learn how to do it, but not really doing it. People convince you that they can outsmart Google.....totally preying on the uneducated. It appears that the people that have paid, are just in so deep that they refuse to admit they will never see a dime. Looks like it is common Singapore. I've bought three homes in the last 6 years, and have done a ton of work to them, and had to re-outfit every one of them. You can't name one item, NOT ONE, that I would have been better off buying from an affiliate marketer. Just show us one of what you consider to be a good website from one of these people. And these people that put their pitch in comment sections on blogs all over the internet....how pathetic. No, they didn't make $6642.27 last week while they took care of their three illegitimate kids. 1 - I know enough about how the process works regarding making money on property - honestly not interested in doing it. 2 - One good example? http://www.kayak.com/ - IPO'd in 2012 and acquired by Priceline for 2.1 billion dollars in 2013. 3 - If you gave me a full list of everything you have ever purchased, and the price you purchased it for, I can guarantee I could find you a better price available via an affiliate website than you paid. I'm not going to though, because it is simply not worth my time. You're perfectly entitled to doubt it's possible, as you are to believe that affiliate marketers are intrinsically scammers, and that it's extremely rare to make money from programming, however you remain incorrect on all points. Edited August 13, 2015 by rwdrwdrwd Link to comment Share on other sites More sharing options...
bangmai Posted August 13, 2015 Share Posted August 13, 2015 (edited) Thaivisa is 17 years i the making, and actually provides a service, and is quite a niche market. Scamaudit says 230 usd per day in ad click revenue. Stevehuffphoto seems to pass the scam audit pretty well. Only a 3 on a scale of 1-10. So as a "passthru" site, I would guess that means it is just there in hopes of getting people to click on the ads, and that is the only way it can make money. OK, scamaudit says 3300 visitors per day, and can generate 33 USD per day. That's 12,000 USD per year. And he has to provide content and administrate. How many hours does he put in on it? Is he based in CNX? Is that the best example you can come up with? 12,000 per year is quite a bit less than 120,000 per month, dontchathink? In the same six years I mentioned earlier, I have made five trips over here, so lots of travel, and clothes purchases. I spend my 35 and get free shipping on Amazon, many families use Prime..I wouldn't want to compete with that, and like I mentioned the people bugging me with their reseller scams...I also told them that someone would have to pay for that 8 USD box of detergent to be delivered to m house, which even made it that much less competitive than the 3 Dollar box from the 24/7 Walmart. There are about 10 websites I do business with. If I click anything on TV, it is likely accidental (and I don't think Google pays those anymore). Read "Nonthaburi Dickman's" column from 2 August about the guy that set up the online escort service....he actually thought the profits would just roll in, while he was in NZ. He got zero. Edited August 13, 2015 by bangmai Link to comment Share on other sites More sharing options...
rwdrwdrwd Posted August 13, 2015 Share Posted August 13, 2015 (edited) Good lord. Why do you continue contributing? Why talk about something when you have no knowledge of it? Obviously this ridiculous service can firstly only estimate traffic, secondly it has no clue whatsoever what products are sold on the site, what the conversion rate is, or what the average order value is - it's not only about 'estimated' ad revenue. Irony is, the biggest scams going are the ripoffreport sites. It's reputation ransom. Make your website trustworthy Get your website verified by us! Every month millions of visitors use our services to find out if they can trust the website which they are visiting. Increase the trust of your visitors by getting your website verifed by our experts. Features includes: Get a Trustworthy and Verified status on ScamAudit Free trust badge for your website We use a 3 step process to verify that your website delivers what it promises. The process includes Verifying your contact details Ensuring that users can reach you with ease Checking that proper safety measures are used while handling user data$99 Really.. so what you need to get a special badge from them saying 'trustworthy' and 'verified' is the following: - $99 - contact details - the ability to reply to an email - being able to say 'yes' to the question 'do you securely store data' (they are certainly not auditing for 99 dollars) Anyone can do those things. Ebay.co.uk is a very popular. According to our estimates it receives around 590,000 visitors every day and has the potential to earn around $5,898 daily from advertisement. The site is also ranked as the 106 most visited website on the Internet. hahahaha Edited August 13, 2015 by rwdrwdrwd Link to comment Share on other sites More sharing options...
TheRascal Posted August 13, 2015 Share Posted August 13, 2015 I'm not really sure why you think Scamaudit is the authority on what revenue a site makes - whatever its algorithm is for calculating the amount a site can make it certainly isn't taking considering into account affiliate commissions. It's likely working out an average of what traffic would convert for adsense and returning a guestimate, which in this instance it's going to be wildly off. Amazon pays a flat 4% commission on electronics. Bearing in mind the value of some camera bodies, lenses etc I would guess it's a good earner. Also I'm fairly sure he's based in the US, it wasn't an example of someone in Thailand making money online, simply an example of someone making money from affiliate links who isn't spamming the internet. He's providing value, maybe not to you but the term stevehuff.com gets searched 8100 times a month, I'd guess most of that isn't him googling his own name There's another thing to take into account, for me he provides value, I enjoy photography and I like his reviews. If I buy a lens when I'm in the UK I'm going to specifically go to his site and click his banner so he gets paid for the value he's given me. I'm sure I'm not the only person who thinks this way. The problem is you're unwilling to change your position and accept there's a possibility you might be wrong - it's not a nice trait in a person. Try a bit of humility and accept that there's some things that actually you don't know the answer to. You've made some great points here and there but you keep persisting with the obsession that people can't make money from affiliate marketing - if that's the case why are there huge conferences and meetups in Bangkok every year. I can understand the jealousy, hell I'm 32 and I know of a 14 year old american SEO wizard who's making five figures a month, he coded up an epic piece of software and flipped it to one of the big industry players. Kid looks like he's 10 years old and he's banking harder than most of the planet. At the end of the day people deserve it - no need for jealousy, it's just poison. Link to comment Share on other sites More sharing options...
TheRascal Posted August 13, 2015 Share Posted August 13, 2015 Read "Nonthaburi Dickman's" column from 2 August about the guy that set up the online escort service....he actually thought the profits would just roll in, while he was in NZ. He got zero. If what you took from that article was that "it's impossible to make money online" and not that "it's stupid to think you can get a bunch of ropey bargirls, leave a new business to run itself and trust someone you don't know to manage it all" then I think you completely missed the point. It was pretty clear it was making money, the Thais involved just cut him out. Completely different situation. Link to comment Share on other sites More sharing options...
bangmai Posted August 13, 2015 Share Posted August 13, 2015 http://techli.com/2013/12/the-truth-about-internet-marketing-part-2-seo-is-a-scam/#. Link to comment Share on other sites More sharing options...
rwdrwdrwd Posted August 13, 2015 Share Posted August 13, 2015 (edited) Yeah, of course it is. https://www.linkedin.com/jobs2/view/2770979 https://iacsearch-openhire.silkroad.com/epostings/index.cfm?fuseaction=app.jobinfo&jobid=384&company_id=17111&version=4&source=LinkedIn https://jobs.ebayinc.com/jobs/2366533-1950 Edited August 13, 2015 by rwdrwdrwd Link to comment Share on other sites More sharing options...
TheRascal Posted August 13, 2015 Share Posted August 13, 2015 All you're doing is sharing stuff that proves that you have absolutely no idea what you're talking about. Do you understand the article, do you know what Penguin was - do you understand the fundamentals of search and how it works? The guy actually contradicts himself by further down the article saying: Obviously something still causes one page to rank higher than another, and its a combination of inbound links, social signals (likes, shares, tweets, +1s), and good quality content. SEO works, links still work and Google has yet to come up with a better way of determining what should be at the top than the link graph and as long as links rank content then SEO still exists Actually, since the geniuses at Google can distinguish legitimately earned inbound links and social signals from bogus ones, and since legitimate inbound links and social signals are earned by having good content, ranking basically all comes down to content. This part is laughable - the machine often can't distinguish between the two, that's why some industries are heavily manually reviewed, something that can't be done for millions and millions of sites. Link to comment Share on other sites More sharing options...
TheRascal Posted August 13, 2015 Share Posted August 13, 2015 also: http://searchengineland.com/google-is-hiring-an-seo-to-improve-their-ranking-in-google-225320 and https://www.seroundtable.com/moz-search-engine-ranking-correlation-study-20739.html Link to comment Share on other sites More sharing options...
bangmai Posted August 13, 2015 Share Posted August 13, 2015 (edited) It appears that my comments about the Millinneals were well directed. I guess the requirement for teachers to have a degree is finally taking hold, and those are the people struggling to live abroad. Some of the retirees have no savings. and just live pension check to pension check, but many more actively manage their assets from abroad. You don't hear them touting easy riches or claim they are "Digital Nomads." I'm not disputing the ability for highly skilled individuals to make good money in the computer field, working remotely include. The greatest ideas have been well rewarded. Bozos with weak education and no assets are victims, not beneficiaries of get rich quick schemes. One of my classmates made 4 million per year, nearly twenty years ago, playing football. He was inducted into the NFL Hall Of Fame over the weekend. The chances of doing that are a lot slimmer than being struck by lightning or being killed by a dog. Edited August 13, 2015 by bangmai Link to comment Share on other sites More sharing options...
rwdrwdrwd Posted August 13, 2015 Share Posted August 13, 2015 (edited) Like talking to a (really, really thick) brick wall. Utterly myopic. I genuinely pity the kids that had to have you as a teacher. Welcome to the blocklist. Edited August 13, 2015 by rwdrwdrwd Link to comment Share on other sites More sharing options...
SoiBiker Posted August 13, 2015 Share Posted August 13, 2015 So much prejudiced nonsense with no basis in reality whatsoever. Link to comment Share on other sites More sharing options...
Cheesekraft Posted August 13, 2015 Share Posted August 13, 2015 They are not taking jobs or money from Thais and contributing to the local economy, would be silly to make it illegal Just how are they contributing to the local economy? By drinking coffee? why, yes, this does in fact contribute to the local economy......... Link to comment Share on other sites More sharing options...
Cheesekraft Posted August 13, 2015 Share Posted August 13, 2015 If anyone knows of a way to generate an income whilst remaining completely passive, I'd love to hear about it. +1, can never have enough of these. The only way I found is to provide liquidity to margin traders... ~20-30% annual income but its fairly risky (15% insurance fee deducted, the risk comes from the sites running away basically) Link to comment Share on other sites More sharing options...
VIPinthailand Posted August 13, 2015 Share Posted August 13, 2015 guys, if you want get your monthly cheque from your farang countries and go on Thai beaches , ask your politicians to create good paying jobs instead of shitty paid jobs that have no future for our next generations. Link to comment Share on other sites More sharing options...
SoiBiker Posted August 13, 2015 Share Posted August 13, 2015 I wouldn't go back to a monthly paying job if you paid me. Link to comment Share on other sites More sharing options...
ColdSingha Posted August 13, 2015 Share Posted August 13, 2015 (edited) jobs are for those with no imagination Edited August 13, 2015 by ColdSingha Link to comment Share on other sites More sharing options...
WinnieTheKhwai Posted August 13, 2015 Share Posted August 13, 2015 Are we still arguing about this? Must be important. Link to comment Share on other sites More sharing options...
NancyL Posted August 14, 2015 Share Posted August 14, 2015 Are we still arguing about this? Must be important. And why in the world do I keep checking in on this thread as if something important is going to be said? Link to comment Share on other sites More sharing options...
Loaded Posted August 14, 2015 Share Posted August 14, 2015 Are we still arguing about this? Must be important. only 1 person arguing Link to comment Share on other sites More sharing options...
balo Posted August 14, 2015 Share Posted August 14, 2015 What a load of BS from this "so called" poster . Link to comment Share on other sites More sharing options...
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