Race to $200+/Day - May Earnings
3 Months... That's all that is left in this Race to $200+/Day. Last month was a battle of epic proportions. The goal was to gross $2000 for the month. Here is the break down:
Income
Adsense: $87.31
Clickbank: $1086.25
Affiliate Net 1: $510.50
Affiliate Net 2: $71.60
Stand Alone Merch: $77.96
Total: $1833.62
Costs
Google: $539.19
Yahoo: $1840.10
MSN: $81.50
Total: $2460.79
Profit
Total: -$627.17
As bad as this looks, I am actually pretty happy about it. I've gotten over my fear of losing money in PPC and I also barely missed my goal of grossing $2000 for May - only by $166.38.
The thing about this story that the numbers don't show is this:
1. I found 3 profitable products/offers to promote that pulled over 100% ROI each.
2. Up until May 20, I was WAAAY (Read: About $1500 Net Loss!) in the hole as far as ad spending goes. It wasn't until retooling the big offer campaign for the 4th time did I started to produce a positive cashflow from it.
3. I have started to develop a better relationship with my affiliate manager with our weekly updates.
4. I only REALLY lost $27.17 when you consider that the government gave me a $600 stimulus check=)
5. I have collected data on the winning and losing keywords/adgroups. Big losers have been culled.
6. This exercise has really boosted my confidence. This stuff works!
Yes, it does despite my losses. Using this method I have not only had my largest grossing month yet, but I have also diversified my business. No longer do I have to rely on my product's niche entirely for my income. Always a good thing.
Things are about to get very interesting...
Goal for June - The Mythical $100/Day Profit
Income
Adsense: $87.31
Clickbank: $1086.25
Affiliate Net 1: $510.50
Affiliate Net 2: $71.60
Stand Alone Merch: $77.96
Total: $1833.62
Costs
Google: $539.19
Yahoo: $1840.10
MSN: $81.50
Total: $2460.79
Profit
Total: -$627.17
As bad as this looks, I am actually pretty happy about it. I've gotten over my fear of losing money in PPC and I also barely missed my goal of grossing $2000 for May - only by $166.38.
The thing about this story that the numbers don't show is this:
1. I found 3 profitable products/offers to promote that pulled over 100% ROI each.
2. Up until May 20, I was WAAAY (Read: About $1500 Net Loss!) in the hole as far as ad spending goes. It wasn't until retooling the big offer campaign for the 4th time did I started to produce a positive cashflow from it.
3. I have started to develop a better relationship with my affiliate manager with our weekly updates.
4. I only REALLY lost $27.17 when you consider that the government gave me a $600 stimulus check=)
5. I have collected data on the winning and losing keywords/adgroups. Big losers have been culled.
6. This exercise has really boosted my confidence. This stuff works!
Yes, it does despite my losses. Using this method I have not only had my largest grossing month yet, but I have also diversified my business. No longer do I have to rely on my product's niche entirely for my income. Always a good thing.
Things are about to get very interesting...
Goal for June - The Mythical $100/Day Profit
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