Internet Marketing Struggler
Monday, October 20, 2014
Monday, September 1, 2014
The Truth About Advertising With Display ads
We found
Display advertising one of the toughest options as traffic to bring optimum results
for conversions and even click thru rate.
We started
with statistics. Than we discovered that in order to convert affiliate sales are
virtually impossible on small budget. Why is that?
Stats are
simple- 0.5% to 0.7% Click Thru Rate.
From this
CTR number 1.5% conservative conversions were just inadequate to continue our
campaign or even to start one. Note that this numbers are very real. So how all
came to this summary. Lets look different options.
Cost per 1000 impressions
The process
is simple:
1.
First,
we look the stats of 0.07% CTR.
2.
We
took the price of $47 product with $21 commission.
3.
Than
we estimated the desire traffic to bring conversions of 1.5 %
4.
This
traffic should be 1266 clicks for $400 revenue.
5.
For
this we would need 1,806 000 impressions at cost of $5 per 1000 or total of $9030
This is the
truth about the display ads advertizing as effective method. You do not even
have to spend money to see the impossible. This is the brutal news. This is
exactly what happen when fishing with wrong bate, at the wrong pond with the
wrong rode. Simply buying impressions by 1000 (cost per 1M) is not the way.
Have in mind that this option is widely available and in some cases is the only
one by ad exchanges or ad platforms.
Cost per click on display ad platforms.
This method
is available by Google, Facebook and some other major ad platforms. We will go
in details in other posts to describe precise methods for optimum bid with
cheap price.
Lets take
the method above having in mind that we do not exceed the bid per click more
than $0.30 (otherwise we will brake even) and see.
- We have to make sure that the
exposure of our ad will be 1,806 000 impression which in most occasions is
fantasy. 0.7% of this impressions
are 1266 clicks
- So, 1266 clicks X $0.20 per
click (which is very difficult to achieve with quality audience) -$253
spend and revenue of $400 with profit of $147 for 1.5% conversion if we are lucky to
find such bid and our ad is super optimized for performance. Let us see
another method for Lead generation.
Lead generation with Display Ads.
Across the benchmarks
the stats for lead conversions, average is 20%. So 1266 X 20% = 253 leads if we implement the clicks option and
this brings us $1 per lead. Not bad but is this leads convert sales of 1,5% we
have 4 conversions at $21 = $134 and this a lost on the first attempt to sell
something to this leads. However when established the necessary trust and authority
among your list they could convert sallies on the long run. However, let see
deeper on this thesis. In order to generate 1266 leads we would need $1266. The
very question is now how we are going to nurture this list of leads in order to
generate enough sales for profit. In other words, we have to sell them 3 times
each of them 3 different products with very high quality. Among this process,
we have to give them a lot of free useful content in order to warm them for
these sales. In addition, this is just to brake even. By the time we start
making profit on the 4th and 5th sale we could worn down
the enthusiasm of our list.
Conclusion: Display Advertising does not work for
Internet marketing starters. These advertisers are newbie’s and when taking the
consideration their experience for optimizing the ads visually and placement
location, this will bring only disaster and disappointment. Many “Gurus” that
sell expensive tutorials on traffic include Display Advertising in their
program. Do not attempt to advertise or follow their instructions. Display
advertising may work better for branding with companies with large advertising budget,
but not for a small person that try to break from the eggshell. In some regard,
may work for lead generation, but the effort and the cost per lead have much
more value with other advertising methods rather than Display Ads. Some of you
may say:” yes but did you optimized, did you do that …did you do this…did you
chose the right sites and platforms to advertise?” Yes, rest assure that we did
everything according to top experts in the industry regarding ad design,
selecting the right network and choosing the placement position of the ad as
well the most optimum sizes. Something like 2 weeks of detailed research on
only one campaign. Apologies for the negative outcome that may bring your enthusiasm
down about Display Advertising. Hey at least this post can save you money.
Thursday, June 26, 2014
Finding a Product That is Selling (updated)
I added some important notes below that are very helpful.Please read the text in red. Now I am going into more advanced Internet Marketing easy to follow tips. These techniques are not necessary complicated, but the key here is to know and do what is working precisely. May be a good idea is to pay close attention here, because this is a fine art full with little details that could be missed on the way. Internet marketing is a complex science and requires very precise approach as well very wide view of what we do.
When we search for a product we start with big "WHY?" in order to find ourselves in the jungle of "HOW?" and "WHAT?".
WHY? Why we market this product? Why we exist? Why this particular product will give somebody a value that will satisfy them? Why our buyers can solve their problems with this product or even change their life? Why not? Why we want to sell this particular product? Why I am doing this campaign?
There are two kinds of digital products to market
Thursday, June 19, 2014
Advertising for Traffic on Pay To Click Websites
Advertising on Pay To Click sites can have some benefits if done correctly. There is a fine line for advertising on this websites and attracting traffic to your offer or website. Below I will describe the proven recipe for doing this correctly.
Pay To Click(PTC) sites are where people sign up to click on offers and advertising for exchange of money. This sites pay very
Pay To Click(PTC) sites are where people sign up to click on offers and advertising for exchange of money. This sites pay very
Thursday, June 12, 2014
Basics For Paid Website Traffic
Traffic is the fuel of internet marketing business. In addition, most people struggle to bring quality visitors to their offers. One of the reasons is that they are so caught up in the idea of free traffic and SEO that the sources of cheap and quality traffic are vastly ignored.
In my experience, there is no free internet traffic. The time and effort that I put in the past simply did not result in any serious results. Optimizing for search engines is way too difficult today with Google's Panda and Penguin updates. The era of sale mini sites is long gone. The biggest challenge for optimising is the accumulation of quality backlinks. Therefore, I will not even go to SEO and free traffic.
Paid traffic on the other hand could be totally different subject. The benefits of paid traffic is that we are in full control and give us vast area of flexibility. There are 4 pillars for good web traffic:
In my experience, there is no free internet traffic. The time and effort that I put in the past simply did not result in any serious results. Optimizing for search engines is way too difficult today with Google's Panda and Penguin updates. The era of sale mini sites is long gone. The biggest challenge for optimising is the accumulation of quality backlinks. Therefore, I will not even go to SEO and free traffic.
Paid traffic on the other hand could be totally different subject. The benefits of paid traffic is that we are in full control and give us vast area of flexibility. There are 4 pillars for good web traffic:
Tuesday, June 10, 2014
Building Relationship With Your List
It is essential
to implement internal internet marketing strategy with your list of
leads. Most of the sale conversions should come from your subscribers. Today
converting leads to buyers become more complex as the public is bombarded with
offers none stops.
The fastest way to do this is showing value that will
match reasoning and rational buying decision. To achieve this I found and learn
from
Sunday, June 8, 2014
Constructing the Sales Funnel
It was the day when my wife lost patience with me and slammed the notebook on my head-" Are you gonna make some money with this internet marketing or you gonna pay attention to me and your son. If you are going to substitute me , substitute me with a gorgeous broad, not with some dumb laptop"". Shock and awe! :-) Than I realised that the time was come to change my
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