Howdy, thought I’d give you guys another update on my trek into affiliating marketing.
Boy, it sure is time consuming. I think it’s more time consuming right now though, because I’m so new. Thus, there is a lot of waiting involved. For example, I only got approved today to an advertiser I signed up for from CJ nearly two weeks ago. I’m also waiting right now for MSN Adcenter to approve my new campaign.
Another thing that has really been aggraving me lately is that MSIE keeps crashing. I believe this is related to the AzoogleAds toolbar I installed. However, it’s hard to tell if it’s worth the crashes since the toolbar really is handy since it gives live reports of clicks, leads and payouts, which saves me time from having to keep logging in and refreshing.
This brings me to another point. I find myself wasting so much time having to keep dancing around so many different sites. For example, when I’m working on my campaigns and keywords, I’m logged into: CJ, AzoogleAds, Copeac, AdWords, and now MSN Adcenter and Overture as well. What’s worse is that most of these sites (Not Copeac) have very short session timeouts, which means I have to keep logging back in when I refresh.
There’s not really much I can do about this, but I can guess that in the future I won’t need to do so much logging in and testing. At least not as frequently as I’m doing now since I’m so new.
In other news, Azoogle messed up again and couldn’t find my W8-Ben. I sorted this out with them though, since I had kept meticulous logs; I was afraid something like this might happen so I had a bunch of diaries and logs to prove to them I had sent it before. This is just another example of crap that’s been slowing me down.
I finished adding most of the offers on my 3rd niche site. This one is interesting since I found no shortage of advertisers for this area, which is great. My site for this one though has several pages so I’m not quote done with it yet, so once I get my keywords going for it I’ll see how it fares.
That being said, with my first and main site, it’s mainly one specific keyword that is performing. Virtually all of my clicks and leads come from this one keyword. Unfortunately, it is pretty competitive. Fortunately, though, I’ve got the CPC down a lot from what it used to be, and the QS for it is very good at minimum of $0.03! I’m in the top 10 for it, and paying an average of $1.22 for it now, which is half of what I was paying for it before.
However, I can’t profit if I keep paying that much for it, so I need to find a way to lower it some more, but I don’t really know if that’s possible. What do you guys think about this?
So, when I thought about this, I decided it was a good idea to sign-up on MSN Adcenter and Overture, and try bidding for this keyword cheaper. My assumption is that it’s a bit cheaper there since I’m guessing most people use just AdWords.
So far I’m hating Overture and Google. My overture campaign has started, but my max bid is at $1, so I’m getting no volume, but I did get 1 click for the keyword so far. I’m still waiting for MSN to approve my campaign or something; my status says “Submitted”. Sigh, more waiting.
I’ve been adding more keywords slowly but steadily. Earlier today I added a bunch of really good long tail ones after finding a few more offers which opened me to more keywords (not company/branded keywords don’t worry). But again, it’s this 1 keyword that is really doing all the work. If only I could find a way to both get volume on it and drastically lower the price for it. It’s very targeted and just a great keyword…
Anyhow, without further adieu, here is an update on my ROI pic as I’ve always been treating you to:
Yup, $663.07 in the hole. Have your laugh, haters. Tyler is going broke, ha ha ha. I don’t care. Anyhow, I did reach my goal of averaging (by average I’m just taking the total ROI average, and right now the sample is so small so it will be a lot harder to reach my goals in the future) an average of -80% ROI. Today was my ‘best’ day to date with a -49% ROI. Obviously I can’t make any money staying down here, but wait… is this… progress I’m seeing?
My new goal is to average a -70% ROI. Pathetic, yes, yes, old news. Let me try at least. Who knows what this incompetant newbie might be able to pull off…