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A couple of days ago I got a copy of the City A.M. financial newspaper and the front cover lead with a report on Google's quarterly earnings.
They said the Google (Alphabet) company had made around $20 billion in one quarter. So some quick maths makes that $80 billion/year*.
*A disclaimer is that not all companies have even earnings over the course of a year, e.g. travel companies make their money in the Summer.
Anyway, Google is currently worth around $670 billion.
I make that a valuation of 85 months earnings (or 7 years).
Given that Flippa sites typically sell for between 12 and 24x their monthly earnings does that make Flippa sites really cheap, or is Google overvalued?
Sure, Google is largely valued on future earnings potential. But then so are Flippa sites!
In fact Flippa sites can probably grow a lot more than the behemoth that is Alphabet. I mean aside from its advertising arm and Android, most of what Google does makes little to no money.
So what do you think?
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Been around since 2009 means you've had so much experience in this space. I'm really considering expanding into promoting products in other niches using paid ads but my limitation is that I don't know how to speak a second language.
I agree with you that low gravity shouldn't be a criterion for selecting products to promote as there are some uncompetitive products with very low gravity. I'll like to add some characteristics of products you shouldn't promote:
1. Clickbank products that have (external) ads on their sales page
2. Products with buy buttons that do not go to the Clickbank order page
3. Products that exaggerate their promises, especially financial promises. Promises like these will lead to high refund rates (most MMO products have refund rates over 20% in fact).
4. Unresponsive vendors. Before starting to promote a product, ALWAYS contact the vendor (ask for a review copy, or ask a question about the product, or just introduce yourself). If you get no reply within 48hours do NOT promote the product.
Recently, I came across a course created by Clickbank's current #1 affiliate that claims to teach people how to drive traffic to Clickbank offers using Facebook Ads. I've seen some good reviews and positive testimonies online about the course. Here's one https://abayomioloyede.com/commission-hero-review/
What do you think about the course?