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  1. #1
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    Default State of forex niche?

    Uhh has this niche just suddenly died because of the how the markets are looking right now? I went from making 10-15 sales a week, down to about 2-5 a week for the past two weeks.

    Anyone else experiencing the same?

  2. #2
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    I had been thinking that due to restrictions put on short-selling in the stock market that more traders would look at the forex market due to its liquidity... however, it seems those type of traders (speculators)... they went and headed back to trading oil rather than going to the forex (with oil having a record rise in one day yesterday).

    The uncertainly over the US Bail Out for the financial companies isn't really helping either

    I never reached the same level of sales as you had and I had no sales for a while... but 2 recently (saturday and sunday I think), but none since the weekend (only 2 days... but I would rather have at least 1 sale per day).

  3. #3
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    Default

    Actually on the contrary, I've seen more overall volume of sales and aff's converting in the last month than the previous one - with the exception of a few fubar days. Will also note that we keep an eye on pretty much the whole forex niche both in and out of CB - there are still tons of FX sites launching daily, and some of them are going big quick - showing no shortage of customers right now despite market conditions etc.

    You guys must also remember that this is a worldwide market and the US/CA customers only account for less than 40% of the sales.

    I can't argue that there hasn't been a bizarre trend lately with CB going sparatic, and the markets going wishywashy simultaneously however I can say without doubt that our bottom line is growing as is our volume. In the last two weeks alone we've paid out over 50K with the fx stuff to affs.

    N.



    No Of Course You Can't Do That Here << READ THE RULES

    "You can sell dogshit if you package it right, doesn't mean it will taste good or that your customer will be satisfied, but you can! You can also have a hard time giving FREE GOLD away if it's covered in dogshit or not packaged right".

  4. #4
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    Default

    Well my site went from converting at 1:30 to now about 1:80

  5. #5
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    Quote Originally Posted by kinitex View Post
    Well my site went from converting at 1:30 to now about 1:80
    Time to tweak your site?

  6. #6
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    Default

    U were making 10-15 sales on Forex,really a good figure,all thru article marketing or seo or was it PPC.

    Quote Originally Posted by kinitex View Post
    Uhh has this niche just suddenly died because of the how the markets are looking right now? I went from making 10-15 sales a week, down to about 2-5 a week for the past two weeks.

    Anyone else experiencing the same?

  7. #7
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    Kinitex

    Now that CB appears to have sorted itself out, I have made over $700 in the past 4 days, mostly Forex.

  8. #8
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    Gotta remember as well that a lot of people in finance are really busy these days and are glued to TV, calling brokers, crying, getting divorced, losing their jobs, houses, looking like this this and this etc, so sales are probably going to be weak until the bearded one's face gets of the tube.

  9. #9
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    I've been getting more emails from people via my site than I have sales. Im not sure if these guys are buying from else where then see my site and ask me for help or what because I am not seeing sales for any of the names that are emailing me asking for help on how to use the autopilots.

    Sooo wierd, I finally thought I had consistency locked down with this niche, and then with absolutely no explanation, it just all dissappears.


  10. #10
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    NC,

    How long has this site been up? I'm new here as of today and just getting set-up... centatinly understand current mkt conditions and your point about US @ 40% seems an extremely good point... Aff should not just limit exposure to the US mkt. No matter what the current trend... in less than 60 days the US will (as always) get a "new lease on life" with the election... after that I hope, your gonna be paying me a lot or resids!!!
    Best,

    ...Kemo


 

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