Thursday, February 25, 2010

My Affiliate Marketing Experiment - Part 7

Part 1
Part 2
Part 3
Part 4
Part 5
Part 6
Part 7:

....so eventually I pulled the plug on this little experiment (it ran for roughly 5 weeks) even though I was still making some money.

One of the negative parts about affiliate marketing I mentioned was the price of Pay-Per-Click varies wildly, especially when people are bidding up keywords.  This can be the difference between a profit and loss if you don't watch out. This happened several times and the cost I had to pay shot up too much to be as profitable.

Basically I got these campaigns running for the experiment, but when I stopped paying attention, most of the good keywords stopped running because they exceeded my set budget.  Eventually most traffic died down, a sale was made here and there, but nothing big.

Ultimately I ended up bringing in $727 from the BluCigs campaign and $360 from the GreenSmoke campaign (about 90% of that money was from that first 5 weeks) and paid a total of $166 for Google Adsense.

I could have kept on going, but the amount of effort for a short-term profit wasn't worth it, especially when I already have profitable businesses of my own that offer a more long term payoff.  I can already see some of you trying to signup and start your own experiments with these ;-)

...however...hopefully this experiment demonstrated the POTENTIAL this sort of business model has in a more legitimate form.  I wish I knew about it a long time ago when I was an active "financial" blogger.

I learned a lot and made a net profit!
-Neville Medhora

1 comment:

  1. Anonymous9:35 PM

    wtf, fail. You build hype, we think we're going to learn something.

    Summary:

    Step 1: Do something illegal
    Step 2: ???
    Step 3: Profit, not go to jail.

    Nothing to see here.

    ReplyDelete

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