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Experimenting

I think one of the biggest parts of entrepreneurship is experimenting. It doesn’t even have to be something big…just something that will be enough to learn something from. For example, a blogging friend of mine ran a bottled water experiment where he bought cases of Dasani bottled water,...

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Five Fatal Mistakes to Avoid in PPC/Affiliate Marketing

Posted by RohailR | Posted in Affiliate Marketing | Posted on 16-06-2009

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Many of the following guidelines might seem like obvious obvious stuff that you’ve heard a million times, but it’s worth it to really make sure you’re not committing any of these fatal errors. It is easy to make these mistakes, even if you’ve heard the guidelines before like I had.

1. Waste money on useless products/coaching. I’ll be honest here. It’s a huge waste of time and money for the most part. I was part of PPC-Coach for since December 2008 and just came to cancel my membership this month. It’s great if you’re starting out, but you could do a lot more by just TRYING stuff instead of hoping someone will hand you down their magic campaign. Seriously, all you need a few good posts from WF, your brain, and the determination to test, test, test. That’s what it all comes down to and it’s what I failed to realize the first time around. Almost ANY offer can be made profitable, if you do the right testing.

Using PPC-Coach I actually wound up LOSING money. Why? Well I thought I had it made with polls and moved onto their search strategy (which was along the lines of bid HIGH and Google will discount your clicks). Well that didn’t really happen and by the time you knew it I was out $10,000. Yeah. Big mistake. Better idea- follow your gut, use your  brain, and be rational. (*While I liked the tools and there were some insightful posts, the quality died off as the program went on.)

2. Don’t track. This one is huge. I was lazy and part of the reason I didn’t make my grants campaign work was because for some reason T202 wasn’t showing my stats even though I had installed the tracking code, and I didn’t bother to figure it out. I figured oh well, I’ll just go by the daily profit and loss. Uh NO. Before you do anything, do yourself a huge f***ing favor and make sure your tracking is working. In all honesty, I wish I had gotten Tracking202 PRO so my lazy ass wouldn’t have had to worry about most of the usual stuff involved with tracking.

3. Link your credit card to Adwords, etc. Bad idea (in the beginning). I was desperately throwing shit against the while trying to get something to stick…and nothing did. The higher my credit card bill went up, the more desperate I got to try just one more thing and maybe have it turn around. That didn’t happen. I had my $100+ profit days with PPC in the past and thought I could get another one to do it for me, but unfortunately not before I maxed out my cards. And now I’m pretty much stuck with a very large PPC bill that I’m looking to get rid of using SEO/free methods of marketing. Really ONLY start off in PPC with what you have, and not what you wish you had. Not only is it safer, it will force you to look at your numbers much more carefully and not go balls out setting $150/day spending limits.

4. Don’t track your Landing Page to Offer CTR. What a really dumb thing to do when I look back on this. Although I did on a daily basis keep track of my EPC, rarely did I put as much importance on my landing page to offer CTR. This is probably one of the biggest metrics you have because….any clicks that you’re not getting to your offer is the same as burning piles of cash. You just want to make sure you burn as little cash as possible. Another metric to look at is which ad is producing the most conversions. An ad might have a higher CTR, but converting less than another ad with a lower CTR.

5. Advertise on Google Search. The longer I’ve been in this industry, the more I realize just how MANY different sources of traffic there are. We’re all suckered into Google Search in the beginning until we wake up and realize…WHY GOOGLE SEARCH? Dealing with QS, getting slapped, and inflated click prices…why bother when you have so many other traffic sources to test out. NickyCakes posted a huge list of places you can advertise that you can find here.

These don’t have to obscure traffic sources. I still recommend Google content network as its the easiest way to get a ton of cheap traffic. The first place I started off with in AM, Facebook- while it isn’t looking like the greatest place to advertise right now with clickbot issues, is still a great place to get cheap traffic provided you think outside the box.

All these tips sound repetitive and obvious I am sure, and like I said I myself had heard many of these guidelines before…but it still happens! When you’re starting off, you might think you know all the answers and will follow everything according to guidelines, but trust me it’s easy to mess up when you play the game with emotion as opposed to being rational and getting your math skills in order.

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JustinDupre.Com and Tatto Media Sponsor Contest! Win a Free Netbook or PC Monitor!

Posted by RohailR | Posted in Affiliate Marketing | Posted on 16-06-2009

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Affiliate marketer extraordinaire, Justin Dupre, from JustinDupre.com and Tatto Media are sponsoring a blazing hot contest.

What’s up for grabs?

Good question. You can get either an Asus EEE 10″ netbook (these things are awesome, I own an Acer netbook and they’re way better than lugging around a giant laptop) OR you can win a 25.5″ Samsung SyncMaster. That’s freakin huge and I could definitely use one of those to pimp my workspace out.

All you have to do to get a chance at winning (and the odds are pretty high considering the competition) is apply for Tatto Media using this link. Joining Tatto Media by itself gives you a chance to win, but if you want to ramp up your chances you obviously gotta start marketing! For every $100 of revenue you generate, you gain five more entries into the contest.

Check out Justin’s blog for all the details here and get your hustle on, because I really do like that Samsung ;) .

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TwitterSnipe Experiment Part 1

Posted by RohailR | Posted in Affiliate Marketing | Posted on 06-06-2009

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Everyone’s trying to figure out how to monetize Twitter these days so I figured I’d give it a shot.

I bought TwitterSnipe, a product put out by Ian Fernando and his team, and so far it’s been pretty good at doing what it’s supposed to do: Follows people in your niche based on keywords and unfollows people who aren’t following you.

I’ve learned a couple things about using TwitterSnipe and marketing on Twitter in general since I started.

1. Always use a real person as your avatar. One of my accounts thats aimed at selling to the “I just broke up with my ex” crowd has just 6 follows and I think a big reason for that is that people know it’s not a real person right off the bat when they see a non-human avatar.

2. Conversation is key. If you’re not posting daily and conversing with you’re followers, you’re at a loss. Unfortunately, Twitter monetization isn’t as easy as adding followers and spamming them with links. That should be obvious. I see my Twitter follower count shoot up whenever I tweet @ other people or post about popular topics. And when I don’t, even for a day, I see that the people who I’ve set to follow the night before aren’t following me back.

3. Follow and unfollow strategy. Because I’m impatient I want to build my number of followers up as quickly as possible and so I’m not going to wait around for someone to follow me back. I want active participating followers and if they take longer than 24 hours to follow back they get unfollowed. This is why every night I run TwitterSnipe to follow around 50 people in my niche and the next night I unfollow whoever hasn’t followed me back. It’s a slow process, but I’d rather get active Twitter followers than those that rarely log on. I’m learning to up the number of people I follow and unfollow each day though to make this process faster.

That’s all I’ve learned for now. It’s MUCH harder than I thought to get a good number of quality followers. But it’s not about the number of followers you have, it’s about whether they’re responsive and trust you in the end. And that’s where I’m trying to focus. A fake, but genuine Twitter profile is the goal.

So far it’s been a good experience and I’m sure once I reach critical mass, it’s going to be easy to recommend something and see leads come in. If you want to see what all the hype is about and test out Twitter marketing for yourself, check out TwitterSnipe.
If anyone has any suggestions, tips, or ideas, feel free to post them.

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