Hey guys,
I've been interested in the whole "make money online" space for almost a year now and decided to dabble in affiliate marketing just for the hell of it. So far it seems promising. I started a few campaigns two days ago with 7search and Peerfly. Here's the data on my top 2 campaigns:
Target $1000 gift card [variation 1]
7search advertising costs: $20.48
Total impressions: 17,312
Total clicks: 293
Main keyword: target
Main keyword bid: $0.08
Conversions: 13
Revenue: $16.90
Profit: -$3.58
My CR (peerfly stats): 4.18%
Average CR for this offer: 6.16%
Target $1000 gift card [variation 2]
7search advertising costs: $15.68
Total impression: 10,220
Total clicks: 196
Main keyword: target
Main keyword bid: $0.08
Conversions: 7
Revenue: $9.10
Profit: -$6.58
My CR (peerfly stats): 3.32%
Average CR for this offer: 5.54%
My thoughts -
One thing I noticed from looking at the data is that my CR seems to be quite a bit less than the average (according to PeerFly). How can I improve my CR?
How can I optimize my ads to turn a profit?
Is the "gift card" space already overcrowded? What are there better niches to pursue?
Thanks,
Frank
I've been interested in the whole "make money online" space for almost a year now and decided to dabble in affiliate marketing just for the hell of it. So far it seems promising. I started a few campaigns two days ago with 7search and Peerfly. Here's the data on my top 2 campaigns:
Target $1000 gift card [variation 1]
7search advertising costs: $20.48
Total impressions: 17,312
Total clicks: 293
Main keyword: target
Main keyword bid: $0.08
Conversions: 13
Revenue: $16.90
Profit: -$3.58
My CR (peerfly stats): 4.18%
Average CR for this offer: 6.16%
Target $1000 gift card [variation 2]
7search advertising costs: $15.68
Total impression: 10,220
Total clicks: 196
Main keyword: target
Main keyword bid: $0.08
Conversions: 7
Revenue: $9.10
Profit: -$6.58
My CR (peerfly stats): 3.32%
Average CR for this offer: 5.54%
My thoughts -
One thing I noticed from looking at the data is that my CR seems to be quite a bit less than the average (according to PeerFly). How can I improve my CR?
How can I optimize my ads to turn a profit?
Is the "gift card" space already overcrowded? What are there better niches to pursue?
Thanks,
Frank