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What is the best way to monetize bingads

Discussion in 'Newbie Helpdesk' started by Ankit Gupta, Mar 9, 2017.

  1. Ankit Gupta

    Ankit Gupta Affiliate affiliate

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    I have been using bingads churn ans burn method with bingads from past several months using diabetes offers. Since last few weeks days it has stopped performing at all. I have tried and tested many more clickbank(direct link) offers, tried offers from maxbounty (direct link) but it seems nothing have been working well for me. Any guidance on what is the best way to monetize them?

    I am open for free and paid coaching or for any jv. I usually work with 2-3 accounts a day.

    Other way out any guidance would be highly appreciated by the experts who have been working in affiliate industry from a while.
     
  2. CPA Evolution
  3. Eric Jee

    Eric Jee Affiliate Manager Affiliate Manager affiliate

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    Hi Ankit. Would be willing to help here. Before we go any further, i want to know, do you have a landing page? do you have a website?
     
  4. Bloody Tourist

    Bloody Tourist Well-Known Member affiliate

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    Not sure what you're asking for. Do you want to know how to setup a campaign in BA or do you want to learn about affiliate marketing in general?

    For learning how to setup, go here: Bing Ads Tutorial to Get Started | Bing Ads

    For learning about affiliate marketing go here: What is Affiliate Marketing? (START HERE)

    After this you need to do the following:
    1. Pick a vertical
    2. Pick an offer
    3. Build some landing pages
    4. Put in your tracking links
    5. Write ad copy/creatives
    6. Launch campaign
    7. Wait for data
    8. Optimize or kill
    9. Make money and scale or pick a new offer and start from #3
    In depth info about all the points above are available on this forum and if not you can ask specific questions. Also you could start a journey thread, show people what you're doing and ask questions there.

    There is no magic bullet. You have to put in the work (educate yourself and test) to make it in this game.

    As for coaching, successful affiliates don't have time for this. And if they do decide to give up their time it's gonna cost you (a lot!). If I make $1000 a day running campaigns with 8 hours of work, I'd have to charge you at least $125 per hour to coach you.

    So educate yourself, start testing and let the forum members be your coach. Much more fun! :)
     
    seeqer and Alessandri like this.
  5. Ankit Gupta

    Ankit Gupta Affiliate affiliate

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    Helllo Eric,

    As mentioned in my previous post i only use direct linking for now. If required i can setup landing page which shouldn't be an issue at all.
     
  6. Ankit Gupta

    Ankit Gupta Affiliate affiliate

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    Hello Martini,

    Thanks for the insight. I am not exactly a complete newbie to affiliate marketing or bingads. I have been working with bingads and affiliate marketing from quite some time now but the offer i used to promote is not working for me anymore and any other offers i am trying are not producing fruitful results. I am looking for guidance on how it can be done in a better way.
     
  7. CaramelRocks

    CaramelRocks Affiliate affiliate

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    You mentioned that you've promoted offers by direct linking, but haven't had success. How long did you run those campaigns for? How many clicks did you have?
     
  8. Ankit Gupta

    Ankit Gupta Affiliate affiliate

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    I have been working with it everyday since last 6 months. It was working fine by far but not producing any good results anymore and hence i am looking out for something else.
     
  9. CaramelRocks

    CaramelRocks Affiliate affiliate

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    Did you use tracking so you know what keywords had sales?
     
  10. Bloody Tourist

    Bloody Tourist Well-Known Member affiliate

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    You're welcome bro! I understand but "guidance" is too general. Ask specific questions or show us some data to analyze, like @CaramelRocks asked. Or post a screenshot from your tracking data.

    Also:
    What happend to your results?

    • Do you have to bid higher on your keywords?
    • Did conversion drop?
    • Has the trend (# of searches) for your offer dropped?
    • Etc.
     
  11. Ankit Gupta

    Ankit Gupta Affiliate affiliate

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    Yes, i do track keywords which perform. Unfortunately those keywords have stopped performing since the bids have gone much higher and also the refund ratio has gone much high so i am unable to get the same conversion which i used to get since beginning.
     
  12. Ankit Gupta

    Ankit Gupta Affiliate affiliate

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    * The bids have increased on the particular keywords i was targetting.
    * Conversions have dropped and refund ratio have become as high as 25-30%
    * Number of searches have also dropped
    * I am not even getting 30% of the amount as revenue I am investing (Churn & Burn accounts are being used)
    * I have tried many more offers from clickbank and some from maxbounty and peerfly too but they are performing even worse.


    To be very precise I am unable to find offers or maybe my promotion methods are not updated as they should be. By guidance here i meant I need to be guided where am i going wrong. Let me plot the whole process what i am doing right now.

    Step 01 - Creating a bingads account with coupon
    Step 02 - Picking up the offer from clickbank/maxbounty/peerfly
    Step 03 - Adding most relevant keywords for the offer in phrase match
    Step 04 - Creating ads, callout and sitelink extensions
    Step 05 - Testing each keyword with dedicated tracking url for that respective keyword
    Step 06 - Keeping the profitable keywords and grinding out the unfruitful keywords
    Step 07 - Adding all the negative keywords such as "free", "causes", "symptoms", etc.
    Step 08 - Optimizing ads and keyword bids as per the positioning

    I recently began to use clickmeter for tracking but it doesn't looks much useful.

    Not sure what am I missing out here.
     
  13. Bloody Tourist

    Bloody Tourist Well-Known Member affiliate

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    Now we're getting somewhere! :) You're missing landing pages (and decent tracking). Especially for CB offers which require a credit card payment, you need a good funnel.

    One way to do CB offers is to give away part of the eBook or course. Many product owners on CB will have something you can use as an affiliate to give away. Contact them.

    Make an optin lp with the give away and have it redirect to the offer after the download. Now they're on your list you should have an autoresponder sequence ready with a couple of emails on the problem they want fixed and linking to your offer again or multiple offers.

    Direct linking with crappy tracking is your biggest issue right now.
     
    seeqer and Mozzie like this.
  14. Mozzie

    Mozzie Affiliate affiliate

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    Interesting thread and useful post Martini. Can you recommend some decent tracking?

    I never did this type of Affiliate marketing and media/ppc buying before. What's the difference between a tracker and an affiliate network? Can I find this somewhere, I don't want to hijack this thread :p

    Thanks :)
     
  15. Bloody Tourist

    Bloody Tourist Well-Known Member affiliate

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    You're more than welcome bro!

    Answers to your questions:

    What's the difference between a tracker and an affiliate network?
    A tracker or tracking software let's you collect data from your campaigns and an affiliate network is a market place for advertisers and publishers. Networks can also provide some sort of tracking, bu not as in depth as using dedicated tracking software.

    Can you recommend some decent tracking?
    You can go hosted or cloud based. For cloud based I'd recommend Trackingdesk or Voluum. If you want to host your own software, check out Thrive or Funnel Flux.
     
    Last edited: Mar 13, 2017
    Tarun Reddy and trackingdesk like this.
  16. trackingdesk

    trackingdesk Affiliate affiliate

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    Thanks @Martini for the good word. Always appreciated.

    @Ankit Gupta
    Anyway, reading the above raises some flags.

    1. Normally Bing doesn't like direct linking campaigns.
    2. You've been running for 6 months fine, then conversion stopped
    3. Bid increased
    4. Return/chargeback increase.

    Mind if I ask something? is it a legit offer?

    Because what you're describing here is the perfect loop of the scam.

    1. Offer is put on the market
    2. Customers buy into it.
    3. Word goes out that it's converting nicely
    4. other similar offers / less legit are showing up
    5. more agressive marketers enter the market
    6. bids are increasing
    7. users are starting to feel the scam
    8. charge backs are starting
    9. What used to be a good niche is falling apart...

    Obviously, this is only speculation, but a good product/service will not stop selling for no reason and chargebacks are here to backup my 2cts.

    What I would recommend in your case is to have a "comparison/review" site so you can target long tail keyword educate the users so there are no surprises (hence less chargebacks)...
    Set retargeting pixels on your site so you can drive back some of the traffic and keep educating them and/or up-sell related products/services.
     
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  17. Ankit Gupta

    Ankit Gupta Affiliate affiliate

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    That's what i have discovered in past some time that LP is quite relevant and the direct linking doesn't converts well in the long run. It may work well but that would be only for a shorter period of time.

    That's definitely a wonderful piece of advice.
     
  18. Ankit Gupta

    Ankit Gupta Affiliate affiliate

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    Thanks for the advice, it seems like the same offer is being advertised by too many advertisers now while there was not much competetion until few weeks ago.

    Also the biggest thing i was lacking was LP and a good tracker, it seems clickmeter is not worth the time i spend on campaigns since it doesn't show up many conversions from clickbank, though it does works well for maxbounty.

    I will now be trying out better offers alongwith improved tracking and LP and hoping for improved performance this time.
     
    trackingdesk likes this.
  19. trackingdesk

    trackingdesk Affiliate affiliate

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    @Ankit Gupta - sometimes tweaking and playing with the different elements you have in hands helps unlocking the situation. Clearly, having a good tracker in place will give you the granular data required to make it work or at least figure out what doesn't work and why.
    trackingdesk is integrated with maxbounty, clickbank and bing, so i'd recommend checking it out.
    PM me if you have any questions.

    good luck
    L.
     
    seeqer and Bloody Tourist like this.
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