I’ve been meaning to ask this for awhile but was unsure of how to phrase it exactly without getting nothing but "its totally subjective dude" responses. So anyway, I have four profitable campaigns varying in payouts of between $2-4, mostly dating offers. I always start with 10-19 targets. So now I am at the point where I have to make a decision on profitable campaigns..do I add more targets *before* I have given every initial target the 1x payout threshold (i.e test every single one of those initial 15 targets up to maximum of 1x payout), or just say, screw it..I have 4 converting targets, it is profitable, so let’s add 15 more..OR do I go whole hog and dump $50 worth of MORE targets before the initial ones have run up to the offer payout. In essence, take a fast aggressive strategy or the slow but stead approach. Your thoughts?
In the ads4dough help thread, the network owner said that they could give you some pointers on getting up to $1000 per week…assuming you were willing to shell out $50 per day PER CAMPAIGN. That got me thinking that I am not spending enough on my campaigns.
I also happened to be googling "exit pops" and various things and ended up on warrior forum (blech..) where someone mentioned that $50 bucks wasnt nearly enough to test a ppv campaign. After reading some of Lucrummet’s threads, I’m inclined to believe it (he says "people worry about spending instead of what theyre profiting..cant do that till optimized! and so many have not done "statistical significance" yet).
From:windsinger Date: 02-02-19
Well, look at it like this…say one of those campaigns is doing $50/day. Obviously you are going to have to add more targets or another traffic source to get past that. Yeah, you could cut some loser targets after they get close to 1x the offer payout but that’s probably not going to be enough to really scale your campaign a lot more. I would add more targets in batches of 10-19 just like you are doing initially, and just do that rinse and repeat process over and over. Another thing to do is just duplicate the campaign on another traffic source, you could potentially double that campaigns net profit just by doing that.
It might also be easier to look at what the average conversion rate is for your targets. So if you have 15 targets and say the converting ones you are spending an avg of $2 on for each conversion, you might just cut others that aren’t converting when you’ve spent much more than that. I know that’s not a perfect strategy since some targets can convert at totally different CPA’s….it’s just maybe something to make it easier in the beginning.
You’re doing good…I see you asking good questions and I know your working hard. It’s great you have some winning campaigns..you might not realize it but you’ve done the hardest part already.
Oh…take those Lucrumnet threads with a grain of salt
From:David Date: 02-02-19