Well yesterday I didnt break the $895 mark but I did get fairly close.
I am adding campaigns into msn's adcenter today and tomorrow in hopes of breaking the 1k/day mark. I'll probably give them a call in hopes of trying to get them to approve the ads faster. The estimated number of clicks from the keywords I have added in adcenter thus far should proove to be very helpful to my daily sales. From 1 Campaign which I uploaded already, the estimated number of clicks was around 3500 clicks per month. Not bad!
Today during lunch I was watching The fabulous life of... "Billionaire Rags to Riches." What a great show. It's always encouraging to see other people who went from nothing to Billionaires. There was one guy, Calivin, who started Bodog.com. The show stated that last years revenue was over $10 Billion. Actually just a few days ago though, the site was ceased in a court judgment. Here is the shoemoney.com article about it. (Link here).
Anywho, hopefully I will be able to update everyone soon with some records exceeding $1000.
Well yesterday marks another record. Just a few bucks short of $900. I have 3 more days to break the $1000 mark so all energy is going to go into bumping up sales.
Slightly less than 50% profit... not bad. I spent a bit more on bumping up some bids and a new form of advert testing.
My total sales was not the only record I broke. My girlfriend and my site had our highest number of sales today as well. Granted it's only 3 sales, it's still a record. She and I were both excited.
Hopefully you'll see a similar message to this one tomorrow.
So Yesterday (Monday), after launching a new campaign, I have reached sales of $875 in one day! This marks the highest sales day I have ever had. Hopefully today I will be able to break this record by at least $25 dollars and get to the $900 mark. Before September 1st, I want to have hit $1000 or more in sales in one day. It's my goal and I plan on working hard to hit it.
Before I continue on with my post lets take a look at the numbers :D:
Total Sales: $874.94
Total Cost: $487.09
Total Profit: $387.85
The profit is a bit lower than 50% because of a couple stray keywords that escaped my wrathful editing the first time around. It's ok though because they're gone now and I'm ready to increase my profits up a few percent
Additionally, I am about to release another 2 campaigns which, if all goes well, should bring me well into the $1000+/day. After I launch those 2 campaigns, I plan to rework one of my original campaigns to make it much more targeted + higher traffic + better grouping + better copy + better everything. I currently make about 50-100 a day in the campaign I want to rework with a goal of making $300/day after reworking everything. After all those campaigns are released my goal is to be making $1500+/day with a 50% or more profit margin. Then what do I plan to do after that?
Hehe... I've been planning on testing some new methods of advertising. Who knows how well those will do but hopefully I can get up to my goals! ($83,333.33 / month in 1 year)
It's hilarious how testing increases your profits and sales. Simply changing an image can have a profound effect on your sales.
For example, on a certain offer I had tested a photo of a white male vs. a black male. Those who saw the landing page with the black male converted / clicked on the offer quite a bit more.
I will keep everyone updated as things progress. Hopefully I'll see all of you tomorrow in a new post labeled: Record breaking sales day: $xxxx!
Finally today, I was able to turn on a couple of my search marketing accounts again! I have a total of 8 YSM accounts currently and 3 are running as of today. Tomorrow when my credit card payment is cleared, I will be able to turn them all on to full throttle again! Wahoo!
After reworking some campaigns during the down time, which was about 7 days, my goal is to be hitting $1,000 / day by the end of this month.
I am now ready to tackle google adwords and Microsoft adcenter after reworking some strategies which include how I group keywords and such. The new strategies are filed in the "top secret" folder however so dont expect to see those posted any time soon. And no... there is no actual "top-secret" folder... or is there. (No not really)
Additionally, now that I'm all refilled with cash, I plan to register my business name this week! Exciting! I've already done some checks and have found a good, creative business name to use.
Additionally, I have been looking into other creative ways to advertise that are not PPC driven. So far I have come across a few that I really think are going to work well with some particular offers / niches. (Remember offers are different than niches - That is a common misconception). Hopefully these new techniques (Which I expect to cost roughly about 0.03 cents per visitor - $0.06 cents per visitor), will bring me over the top and take me to $1,500 a day although that's based entirely off speculation as I have not done any actual testing yet.
I look forward to updating with some new records soon!
FINALLY some cash. I have been outgrowing my ability to spend in marketing so I have literally been loosing out on thousands of dollars these last couple days due to inability to pay for any more advertising.
It's a great problem to have... but at the same time sucks to know I could have had a much larger balance on my affiliate networks and such. Ah well!
I now have a good chunk of change that will allow me to pay everything off + continue advertising till next payday. Well that's the theory at least. I can already see myself running out of money again once I reactivate these campaigns. Bring it on!
Well, I've never posted this before but I am apart of a small group (five of us to be exact) of affiliate marketers that help each other to push our sales up to the next level. We've been testing some niches that are generally considered HIGHLY competitive. Through use of some special techniques and just pure experience, one of my associates has been getting an eCPC of $7.50 for this niche! Wow!
This means that for EVERY visitor that clicks his offer makes him on average almost $8 dollars. That is insane!
I am going to work on this niche / offers this weekend in hopes of getting similar results.
PS > Dont ask what the niche / offers are. I would never tell.
Well, unfortunately I've had to switch all my payment methods to direct deposit. I will be unable to post any more checks on this website for now. Perhaps when I hit my monthly sales goals, I'll switch it back to check so that you guys can see them.
Mainly the reason I needed to switch to direct deposit is that I cannot wait any longer to get paid. (Wait for the mail + Deposit + Wait to clear)
Thankfully one of my networks set up weekly payouts for me instead of monthly payouts. This will dramatically increase my cashflow and ability to payout charges. As of now, I'm having to disable certain campaigns to allow my more profitable campaigns to run longer on the small amount of reserves I have.
When you're spending $300+ a day on advertising / marketing, reserves just dont last very long. I am working on building this up however. I am also looking into this investment that requires a 12 month holding period but pays out 10% interest each year. Not a bad way to have some passive income. I am looking into different methods / long term investments that will earn me anywhere from 10% -15% interest so that I can have more streams of passive income.