Money with Affiliate MarketingMake Money With Affiliate Marketing
Like Losing a Lots of Fucking Money in Affiliate Marketing
I' ve been hearing a great deal that being an affiliate marketing company is like a rush. Would be great if you could shared your thoughts and feelings about the hardest campaign where you suffered a great deal and how you handled that time. There is a tale about non-payment - this is one of the few ways you can loose a great deal of money in affiliate marketing.
Failure to make payments means that the advertisers who own the advertised products or the affiliate networks through which you run the products decide not to compensate you for the amount of revenue you sent them. Long ago, I was looking for a new one. At first I talked to a member of a social networking group, he talked to me about some offerings that have a great deal of potential.
Secondly, I looked around on-line to see what had been done with them, to see if I could do it. I' ve made several changes to make it better - and I' ve started the ad campaigns. Fucked up the first whole weeks. Couldn't find out how these boys made money. Obviously I tried to use their accurate displays, copy and target pages, and it lost money like mad.
I' ll begin with the thing most folks see, the advertisements. Usually I would begin with the ad picture, but I already got great Click Through Rates (CTRs) on the ad, so I chose to go to the next stage - the heading and ad copy.
Once I had written down all the news I began to test them. Took me about a whole Week to find a winning team. During the first test few days the camp had been losing a great deal of money (I test very aggressive with high budgets) and I eventually pulled myself out of the game.
For about a week or two I was fine and I dug myself out of the well. He was the proprietor of the affiliate ecosystem I worked with, and he had terrible messages. Whoever advertised the item I was advertising had seen my ad and didn't like it.
Eventually they said I should either interrupt the ad immediately or I would run the risk to lose all the money they were paying me. *Look - this is one of the things about affiliate marketing. Affiliate networks are paying you once a month - and if something goes bad and you don't get payed after you' spent the whole weekend - you are finished.
I and the affiliate partner had worked together for a long while. I didn't want to take the chance on everything I had put into the ad campaigns - as much as it was hurtful, I stopped the ad and began to test other, more tame ones. I knew I had an ad that worked, and I could have doubled my money all morning if I could just turn it on...it was like hell.
What I wanted to see was whether the initiative still had room for improvement or whether it was just being carried out in general. There was a whole goddamn thing I had that cost me a fortune. However, the ad man didn't want me to use the ad. In the end, I chose number three - and I just kept the store going.
Started the whole campaig. And I knew that when the affiliate ecosystem gets stiff, I get fucked. So I stopped the crusade and just kept waiting. I was not paid by the advertisers for the amount of revenue I had sent this year. And so I lose everything, and the net lose their margins. Property loss was especially severe because I not only had to lose my winnings, but also all the money I had been spending on transport.
I was unavailable for a whole weeks and got another call from the affiliate group. Said the advertisers were willing to let me run the traffics again, but only if they could authorize every bit of the ad before it went out. I wanted to make my money back with the money bargain, so I said yes.
I got them back a whole week later and they were so poorly tagged that they weren't even useable. Because I wanted to make my money back, didn't I? It got a lot bigger every singleweek. I' m losing more and more money on that one. It went on for several months and I was spending tens of millions of my own dollars on tests before I eventually tossed in the towel and resigned.
It was a write-off. but let's just say that the amount of money I was losing would have earned someone a fairly good one. Also, it took up most of my working hours for several month, so I didn't have enough spare manpower to create other contests to make up for the differences.
Looking back at this campaig now, I can see everything I've done incorrectly. Handle the affiliate and affiliate ecosystem as your partner. We sometimes handle our marketing efforts like a battle between us (the affiliate) and the advertising/affiliate networking. That is a poor concept - because both sides have full power over the money.
Don't try to make your money back. Made a big error when I tried to earn my money for the same promotion with an affiliate who had a resentment. It is much simpler to break connections and begin again with something new. We have a whole bunch of campaigning out there and all of them have the opportunity to make you money.
Here is some good tidings to finish this off. Because I had this kind of business I knew the whole business very well. Don't be a fool and do something that costs you a lot of money. If you stay here long enough, one of these days your terrible losses will become a fun tale to be shared with your mates.