Affiliate Marketing – Three is a crowd

I thought today was a pretty fantastic day. I started my day of running with 3 campaigns. One out of the three received zero clicks, yea I said zero clicks. This was a small campaign I created to push my bottle openers. Am I mad, nope didn’t make any money but didn’t lose any either. My second campaign was that test campaign that I spoke of last night, the one in which I considered would be out of my comfort zone. I generated a fair amount of clicks but I had to set my CPC rate to $0.75 to do so. The payout was $30.00 so I figured I would let it run until my spend reached $8.00. If I reached $8.00 without getting a conversion then I would shut it down and move one. Well guess what happen, I didn’t have the balls. That’s Right I got scared and pulled out when the spend reached $3.42. I don’t know, I’m a big chicken I guess. My third campaign I think performed beautifully. I spent a total amount of $1.63 but generated $7.90. So basically if I didn’t decide to run that additional test campaign today I would have came out pretty good. At least I would have gotten a head of my daily goal of $3.30 per day.
I have to say right now this is totally fun and I feel 100% confident that I will produce $100.00 in profit by March 31st. I don’t want to sound cocky but perhaps I should have set my goals a bit higher… baby steps Joe, baby steps
Here’s my numbers for last night March 3rd 2009

Today Revenue: $7.90
Today Spend: $5.05
Profit: $2.85

MTD Revenue: $15.95
MTD Spend: $7.71
MTD Profits: $8.24

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