Quote:
Originally posted by kristian
Let me get this started. I've only been at ppc for 12 months. Lost a few hundred over night when I started; now I average $4 per $1 invested over 6 months. I've recently directed some of this traffic to ARS and I'm pretty close to #1 webmaster ranking (which doesn't mean much, bit it's a goal LOL).
Here are a few tips just to get things going. I'm still very much a newb, so hopefully this'll encourage others to venture more useful info. 
1. Choose under-promoted niches. If you try and promote teens, then you're going to need some hefty change to compete for the keywords. The less popular the niche, the cheaper the keywords, and the higher your ranking will become.
2. Qualify your traffic with a price. I use adwords and sex.com. I always mention a $ price in my ad to reduce random or impulse clicking - I want the people truly searching for my quality site.
3. Exponential growth. If you can invest 100 dollars a day and make, say, 200, then why not invest 1000 and make 2000 profit?
It is not that easy, but it works over time. Invest an amount a day you are comfortable losing (just in case). Keep reinvesting that x figure until you turn a regular daily profit. Then just gradually increase your daily investment.
OK those will do for now. Feel free to add your own tips or questions. Hopefully someone more knowledgable than me will answer the questions, but I'd certainly like to read more tips.
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those are very good hints, I could only add to filter the traffic when the PPC source allows it like adwords does. Of course, not only US traffic is good.
I would add UK, sweden, denmark, germany, italy, netherlands, austria, france, japan. And maybe a few more, but I have nice amount of sales from these countries.