I recently came across an interesting ebook that goes into detail about how to make money using Google Adwords and the Clickbank Affiliate Program.

The guy who write this book Eric Holmlund, takes you step by step through finding a product though Clickbank, setting up a simple review of the product and setting up a Google Adwords campaign to direct people to your review site.

Now, this is nothing new, but I have never seen a better guide to setting this all up. And, this is coming from a guy who has made over $10,000 a month with Clickbank.

Since this is something I have never tried before, I decided to give it a try. The great thing about this method of making money is it takes very little time to set up and cost very little money.

With the time it takes to set this up, I figure I could easily setup one of these sites a day in about an hour. Let’s say I setup a site a day for the next 30 days. That would mean I would be promoting 30 products a month from now.

Since I have no idea how much I will be spending each day or how much I will make, let’s like at some hypothetical numbers.

Lets say I spend .10 per click per campaign per day. The most common sale per click through on the internet is around 1%. Lets say I get 50 click throughs per day for each campaign. The cost to me would be 50 X .1 X 30 = $150 per day. It would result in about 50 X 30 visits X .1 sale rate would be about 15 sales. Lets say the average per sale would be about $20. Then I would earn about 15 X $20 = $300 per day. Subtracting the $150 spent on the Adword campaign would give me about $150 profit per day. That’s about $4500 per month in profit.

That’s not a bad profit for an hour of work each day. And, once setup it’s pretty much on autopilot with the exception of tweaking your ads, or changing products for more profit.

I set up my first site today. You can see my Quit Smoking Today Review to see how simple the webpage is.

Now, we’ll see what happens.

If you want all the details on this method of making money with Adwords and Clickbank, check out Eric’s ebook.

I’ll keep you posted.