Newcomer first impressions about AM (5)
Hi everybody,
I am new around, so as expected I've started reading as much as I could to familiarize myself with the terms, tools and skills needed to make this work.
I've had a lot of thoughts about this new venture since I started so I thought it might help others as well if I've listed them all here - here it goes, my impressions after almost 2 weeks into this:
- It's a lot more to learn than you might think. Going into this my ideas was ok, I go sign up to a traffic source, sign up to a good networks for some offers, create a landing page or link directly and that's it, change the bids a little and get some money.... well, I was really far from the truth, it's a looooot more 
( not complaining here, don't get me wrong, just writing about my process )
- Everybody says go and make an account to this network and that network, they're the best - cool, been there, done that and guess what, most of them never replied, I mean wow it's hard to get an account at the right networks and you need to pass what feels like a complete interview, provide all kinds of information, get phone calls and even income proof from other networks( which being a newcomer of course I don't have) . This was really strange to me coming into this and I am not really sure why everything has to be so hard
- Next step, get an account at one or several traffic providers - sounds easy enough, right? Well, wrong ! of course you need to pass some more interviews, send them proof of identity , not to mention that if you're from EU you also need to pay 24% extra VAT so you'll need to be even more profitable in order to be competitive with people that are not from EU. Also if the verification process from the networks is somewhat understandable, I am not sure why all the security with the traffic providers, I mean I am just sending them money, from my paypal account which is verified by paypal thoroughly...
- all the above are slowed even more by the different timezones and/or weekends so be prepared to spend up to 1-2 weeks to have at least an account for each in order to be able to start.
All in all, I do think this process is a little too slow/harder than it should, especially since from the networks' and traffic providers' point of view they should want as many people to join as there's more profit from them.
The good points that you should know:
- having an account on stackthatmoney helps a lot as all of the above will go a little faster if you mention your account here, but you might already know this since you're reading it on this forum
- a good tip for newcomers, if you create an account with zeropark you also get a month free of
This is pretty much it, going forward I'm still sticking to it as I do want to see how everything goes so cya around the forum 
There is one very simple reason for the obstacles - FRAUD. In this biz, there is a lot of con artists trying to scam everyone So both affil networks and traffic sources are trying to screen the new applications and only take the legit people on board.
Another reason is man power required to manage the people, every new person requires attention and the less the new people know about the biz, the more questions they will have ... which results in $ the networks have to spend on AMs.
The whole process is actually pretty easy once you learn something about the business, it just looks complicated when you are very new and dont know much about it yet. There is a learning curve involved, but thats the same in any business You also dont come to a car producer and tell them : "Hey, I want to sell your cars, tell me how to do it" I understand it seems a bit too complicated to you now, but its not such a tragedy, you will agree with me in a few weeks
This biz is also maturing as the years go by, so the cost of entry is going up a bit. But its still one of the most accessible business models ever invented.
BTW: If you are serious about this and you are in the EU, you will have to get a VAT registered company soon enough.
Originally Posted by matuloo
So both affil networks and traffic sources are trying to screen the new applications and only take the legit people on board.Another reason is man power required to manage the people, every new person requires attention and the less the new people know about the biz, the more questions they will have ... which results in $ the networks have to spend on AMs.
The whole process is actually pretty easy once you learn something about the business, it just looks complicated when you are very new and dont know much about it yet. There is a learning curve involved, but thats the same in any business
You also dont come to a car producer and tell them : "Hey, I want to sell your cars, tell me how to do it" I understand it seems a bit too complicated to you now, but its not such a tragedy, you will agree with me in a few weeks This biz is also maturing as the years go by, so the cost of entry is going up a bit. But its still one of the most accessible business models ever invented.
BTW: If you are serious about this and you are in the EU, you will have to get a VAT registered company soon enough.
, at least that's how I'm seeing it.Also, I wasn't referring to the process as being very hard, rather that it takes a little more time than expected to get started with everything..
As for a vat registered company, how does that work? What would be the benefits/downside of that?
Originally Posted by massplanner
, at least that's how I'm seeing it.Also, I wasn't referring to the process as being very hard, rather that it takes a little more time than expected to get started with everything..
As for a vat registered company, how does that work? What would be the benefits/downside of that?
Majority of the people who know nothing about the subject simply move on after they loose their first $100. Thats why its crucial for the networks to screen the applications and reject those that are just testing the waters so to speak Of course they will also turn away someone with potential at times, but thats how it works.To get a VAT registered company is a different process in every country, the basic advantage is that you can buy traffic without having to pay the VAT. So if youre about to use european sources, you need to get registered for VAT whether you like it or not. The downside is more complicated accounting so you will need to hire an accountant when the tax season is there.
Originally Posted by matuloo
Majority of the people who know nothing about the subject simply move on after they loose their first $100. Thats why its crucial for the networks to screen the applications and reject those that are just testing the waters so to speak Of course they will also turn away someone with potential at times, but thats how it works.To get a VAT registered company is a different process in every country, the basic advantage is that you can buy traffic without having to pay the VAT. So if youre about to use european sources, you need to get registered for VAT whether you like it or not. The downside is more complicated accounting so you will need to hire an accountant when the tax season is there.
As for the VAT, thanks for the clarification, will look into that .
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