Affiliate Marketing Arbitrage Million

Greg shares how he first started making money through affiliate marketing as a teenager.

"I started making money as a teenager doing affiliate marketing in the underbelly of the internet. In 2008, on my 18th birthday, I was doing deals with companies like eHarmony, Match.com, and Zynga. They were willing to pay $3-6 for every install generated for them.

There was this arbitrage opportunity where if you could create a landing page and it cost you $1 to get someone to install that game or get that lead to eHarmony, they would pay you $5. I figured out innovative ways to do it - I actually invented the auto-playing video pop-under ad, which ruined the internet. We did it for a poker company and got 1-2% conversions on it. This was a pop-under ad that cost a fraction of a penny.

From that whole experience as a teenager working in affiliate marketing, it taught me what people want. My parents weren't giving me money to buy the things I wanted, so I had to figure it out myself. I started with $100 a month on landing pages, then $1,000, and it grew from there. You really pay attention when it's your own money. The difference between a 1% conversion rate and 0.2% conversion rate is making $100 a day versus losing $100 a day - or at bigger scales, losing $100,000 a day versus gaining $100,000 a day. It all came down to subtle details like having a woman with red hair, having the eyes look at you in the landing page, or certain copy - all these little nuanced things add up to getting people to do things on the internet."

GI

Greg Isenberg

CEO of Late Checkout and former advisor to Reddit and TikTok. Hosts The Startup Ideas Podcast, sharing insights with over 70,000 newsletter subscribers.

Interviews notable figures like Jason Fried and Eric Ries, focusing on entrepreneurship and community building.

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