I’ve been dreading having to write this post as it will not be a happy one. In fact, it’s pretty sad.
But my last affiliate marketing update was made all the way back one year ago on February 23, 2015, which was my monthly report for the month of November 2014, and so I know I had to give you guys an update on what was going on with my campaigns at some point.
Cutting straight to the point, I haven’t been doing any affiliate marketing for a bit over a year. Literally nothing, apart from briefly trying a simple campaign once or twice for a couple days. As a result, I’ve made virtually nothing from affiliate marketing for 1 year now.
This shouldn’t come as too much of a surprise though, considering I haven’t posted about affiliate marketing at all in a long time, as well as the fact that I was heavily focused on real estate investment for about a year. And of course, my latest focus and investment being on my startup, Votesy.
So what happened?
It was a long series of mishaps that eventually crushed all my campaign efforts, and eventually, my spirit:
Traffic Sources Dying
I used to use a large selection of traffic sources, but my best performing ones were smaller (relatively) networks where I was amongst the top advertiser.
Over time, though, these networks began to shut down one by one and so I was left scrambling trying to find replacements.
I don’t blame myself here at all though, as if you read my affiliate updates in the past you’ll know that I was constantly trying new traffic sources. There were a couple of opportunities where I could have ventured off into some alternative ways of promoting my campaigns… but overall I think I took advantage of what I could at the time and really tried to scale things.
I was actually a very whitehat affiliate marketer. I definitely never did any cloaking or anything like that, so don’t mistake what I’m saying here.
Over time, traffic networks and the FDA have only gotten stricter and stricter, getting to the point where simply getting an ad approved on Facebook or Google AdWords would become a bit difficult.
This also had a huge impact on offers. Long gone are the days of rebills (well, for the most part), for example. I never ran any rebills though apart from my very first successful campaign about 9 years ago, and I didn’t even know it was a rebill at the time (shows what I knew).
Over all, this fact didn’t play too much an impact on me though since, as I say, I was very whitehat.
Affiliate Network Owed me $15,000
This is a bitter one for me. Now, I’ve had instances in the past where an offer’s company would refuse to pay me, but the most it ever was before was for around $6,000 or so, and then the network at the time (PeerFly) offered to pay for my traffic costs out of their pocket, so I at least would break even.
But in this case, the network didn’t compensate me at all, and what made me angry is that they didn’t give me any indication that my traffic wasn’t backing out for them for a month, so I had no way of knowing that it wasn’t working for them, and I remember inquiring about this before too.
I debated on whether to blog about this or not, and publicly shame the network and warn others about them, but I feared a backlash from the network, with them copying or revealing my campaigns. They probably wouldn’t have, but I couldn’t trust them – after all, they wouldn’t pay me $15,000.
Hit With Meniere’s Disease
This actually had (and continues to have) a very big impact on my campaigns, as I was literally unable to work when I was first diagnosed with Meniere’s Disease a year ago.
There’s no real cure for the disease, but the docs nevertheless put me on various drugs in the beginning which really screwed me up. I literally could not see my computer or phone screen at all (it was just one big blur), and had trouble walking around in my own home.
The 24/7 pulsatile Tinnitus and stress and hopelessness of having to deal with Meniere’s Disease (all of which I still have, BTW) was absolutely devastating and life-changing for me and working on affiliate marketing was the farthest thing on my mind at the time.
This all hit right as my campaigns were beginning to tank, so it really crippled any attempt at bouncing back.
Purchased a $274,000 Income Property
From July 2014 to July 2015 I changed focus from affiliate marketing to real estate investing, in particular buy and hold rental properties. I spent a lot of time reading and learning the ropes of the industry, primarily from BiggerPockets.com (which I highly recommend), as well as creating a fairly sophisticated Excel spreadsheet.
The market here has been very dead (as in very few properties going on the market) over the past couple years, so I was searching for a good rental property for a long time.
I eventually purchased an income property with 3 tenants for $274,000, including setting up a new holding corporation for it and hiring a property management company and all that good stuff.
If you missed it, you can read all detailed 23 posts from my income property adventures here.
My point here is that a lot my of focus and interest shifted from affiliate marketing to real estate for a year, as well as a good chunk of my business’s affiliate earnings went into this investment as well.
As I mentioned in an earlier post, with the USD-CAD currency exchange rate being the highest its been in about 13 years, is is extremely expensive and near-impossible for me to do affiliate marketing.
Affiliate marketing, as you know, takes a lot of upfront money before you can find winning campaigns, and I had allocated a good chunk towards Votesy.
For example, right now to spend $5,000 it would actually cost me closer to $7,000 CAD after exchange rate fees.
Working online as a Canadian is great for me when I’m making money, but really bad when I’m not.
As I just mentioned, I put a good chunk of money into Votesy, with the rest all being converted to Canadian, so I have very little left in my USD bank account for affiliate marketing.
So, with all of those curveballs above, I’ve stopped affiliate marketing for the time being.
A Quick Look at My Affiliate Marketing Successes
The above is all pretty disheartening so I thought I’d end on a happier note, which is to outline the successes I did achieve in affiliate marketing from 2013-2014:
- Generated $1.2 million dollars in revenue from affiliate marketing
- Grossed $142,606.00 and netted $52,447.17 profit in June 2013
- Earned $258,859.68 profit from my affiliate marketing campaigns in 2013
- Grossed $7,097 from my affiliate marketing campaigns in a single day
- Netted $3,099.99 profit from my affiliate marketing in a single day
- Netted $52,447.17 profit from my campaigns in a single month
My biggest success though was sticking with it. I had failed so many times with affiliate marketing in the beginning, but I kept trying and eventually got up to 6-digit revenue months just like I had seen the "big boys" do.
Even though all my campaigns have since fallen flat, it still feels like an accomplishment to me.
And for good old time’s sake, here’s a month-by-month breakdown of my past reports:
My Affiliate Marketing Results
First, here’s a recap of how 2013 fared for the entire year:
And here’s a monthly breakdown of 2014 (I stopped recording earnings after November 2014):
The Larger Picture: 23-Month Analysis
Below are my overall numbers from my campaigns since I started recording them in January 2013:
|January 2013 to November 2014||Gross||Expense||Net||ROI|
Will I Ever Return to Affiliate Marketing?
I may jump back into the volatile world of affiliate marketing eventually – after all, I first tried my hand at affiliate marketing in 2007 and tried it off and on for years until I finally saw success in 2012 – but I currently have no plans to get back in at the moment.
My focus is on Votesy now and simplifying the way I work. I will definitely miss the great money affiliate marketing can bring though.