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Have you considered blogs?
I'm a fellow newbie, only been in the biz about 3 months, but I'm getting a sale about every 4-5 days now.
$200 would get you a nice chunk of domains. Find nice niched keyword domains, install wordpress, write 11 posts with 100-120 words, and 1-3 pictures per post, all linking to the sponsor. Link trade and/or join a building/linking project.
The key is to get prime SE traffic.
I'm finishing up my 50th blog, and will be doing some more domain buying and building the next batch of 10-15 blogs for the November project (a bunch of us are building blogs within the same 3 niches, and then we interlink them all to jump our SERPs for the keywords we're targeting).
Run the numbers... 40 blogs that get 100 unique visitors per day from the search engines... 25% CTR to the sponsor = 40 * 25 = 1000 unique clicks to the sponsor each day. At a 1:1000 ratio (remember, this is targeted SE traffic for keywords specific to the niche/site you're promoting) you're getting 1 sale per day.
I can build a blog in under 3 hours now... 1 blog per day is my normal workload, and then I also outsource the blog posts. So for every 3 blogs I write, I outsource 1 blog.
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