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| | #1 |
| Active Warrior Join Date: Jul 2011
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I am newly started on doing media buying, but I am total blank on it. Please help me out. Thanks!
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| | #2 |
| Senior Warrior Member War Room Member Join Date: Sep 2007 Location: , , .
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Man got 7 days so I can explain it all? ![]() What do you want to promote, your stuff or someone elses? You really need to know your demographic. |
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| | #3 |
| Experienced Warrior War Room Member Join Date: Mar 2011 Location: USA
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Media buying is kind of advanced method! Have had any success with other sources of traffic? I'd stay away from media buying until I mastered at least 2 sources of paid traffic! ~ Omid |
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| | #4 |
| Active Warrior Join Date: Jun 2010
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what exactly are media buys compared to PPC |
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| | #5 | |
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| | #6 |
| HyperActive Warrior Join Date: Apr 2011 Location: UK
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If you have at least $500 a month to spend on media buys, there is a guy you can learn from who's REALLY good at it, his name is Scott Rewick (google him). However, If you do not have that budget it would be better to start with facebook and try and build up from there. Recommended to me personally by Mr Rewick alst month of April |
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| | #7 |
| AdCopyAssault.com War Room Member Join Date: Apr 2010 Location: USA
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| | #8 |
| HyperActive Warrior Join Date: Mar 2011
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| PPC is keyword based, paying per click to appear when certain keywords are being searched for. Media Buying is a more detailed as far as targeting. You can purchase media on a per click basis, per impression basis, ETC. You're usually placing media based on the demographic you're targeting. So for example, if you want your ad to be presented to makes, 18-34 that live in NY, you will have to do research to determine which keywords will yield that type of visitor for PPC. Compared to media buying where you're actually laying out the demo to the ad-network and from there they are presenting your ad on websites that fit that demo. |
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| | #9 |
| Digital Entrepreneur War Room Member Join Date: Jan 2010 Location: New York
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Media buys is a bit advanced like Omid said. It requires a lot of attention and can easily turn ugly. I would pick a source you would like you use, learn all you can about it, and go from there. It's the best way to avoid losing money. ;; Matt P |
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| | #10 |
| HyperActive Warrior Join Date: Mar 2011
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Yea i probably should have posted something along the lines of what Matthew wrote. Media buying is one of the fastest ways to lose money in this industry. You're most likely better off using PPV traffic. Buying traffic in bulk at a much lower rate compared to media buys, work on optimization techniques, day parting, ETC. Those elements will help you greatly if and when you do decide to transition into media buying.
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| | #11 |
| Senior Warrior Member War Room Member Join Date: Sep 2007 Location: , , .
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The biggest reason people fail with media buys is they don't have a big enough budget to get real data. You have to have a ton of different banner variations and a large budget to figure out what works. It's constant tweaking and adjusting. You can start small, but odds are you'll quit long before seeing any return. |
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| | #12 |
| Active Warrior Join Date: Jul 2011 Location: Sarasota, FL
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I agree with all of the above, but also, you need to identify your competitors. See what's out there in the space. This will help you figure out where you need to be in order to keep up with the game. Best of luck! |
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| | #13 |
| AdCopyAssault.com War Room Member Join Date: Apr 2010 Location: USA
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| | #14 | |
| Active Warrior Join Date: Apr 2011 Location: Toronto
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| | #15 |
| Active Warrior Join Date: Jul 2011
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I learned a lot from your talks, however, I am kind of going to do even more homework before I start it. Thanks a lot.
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| | #16 |
| Senior Warrior Member War Room Member |
I would recommend you first start with other display advertising platforms like Facebook. Once you have a good understanding of the critical components, then you can slowly more to media buys . I would even advice that you start with direct media buys . |
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| | #17 |
| AdCopyAssault.com War Room Member Join Date: Apr 2010 Location: USA
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Good "practice" grounds before buying banner-ad space 1. Facebook 2. PPV 3. Plenty of Fish 4. Google Display Or you can "tweak" ads you see on a consistent basis and model after their components. Then, as ChadH states, you go directly to the webmaster and try to make a deal. |
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| | #18 |
| HyperActive Warrior Join Date: Mar 2011
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| Traffic Vance, i speak often with Grayson over there and he is the man. but there are other platforms that would be ideal testing grounds if you've already tried TV or you're looking for something else. If you need a referral in TV please feel free to email me and i will gladly assist. Stephen@Imminteractive.com |
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| | #19 |
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| | #20 |
| Senior Warrior Member Join Date: Jun 2008
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| | #21 |
| Active Warrior Join Date: Jul 2011
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Looks like everyone is bringing up the right points. Media buy is pretty advance so you definitely want to have a plan.
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| | #22 |
| Senior Warrior Member War Room Member Join Date: Jun 2009 Location: United States
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Media Buying = Big Spender If you have the money then this is a great way to go, but be prepared to spend a lot and test a lot CHAD |
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| | #23 |
| Active Warrior War Room Member Join Date: Aug 2011
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The #1 way to start media buying is: 1) Get an offer from a CPA network 2) Google the top keywords in that niche 3) Look for websites that accept advertising 4) Email them or buy ads on their site if they have an "advertise" link 5) Test your offer and optimise |
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| | #24 |
| Active Warrior War Room Member Join Date: Mar 2011 Location: Bristol, UK
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Biggest tip - Be prepared to lose money. Media buying is generally a pretty big gamble, it's always a case of throwing as much as you can out there, tracking EVERYTHING and see what sticks. Then ramp up the ads/placements that are doing well and cut the losers. The payoff is definately worth it though. Media buys are one of the few tactics that can net you 4 figures in a single day when you get it right. The downside is they can also suck your bank account dry when you get it wrong lol. |
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| | #25 |
| Active Warrior Join Date: Jul 2011
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How to test the offer? Thanks.
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| | #26 |
| HyperActive Warrior Join Date: Mar 2011
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| I dont mean any disrespect with this comment but if that's the question you're asking, media buying may not be the best fit for you. It's not as easy as just duplicating what you see others doing. You need to spend days / weeks analyzing data, split testing ad-copy, images, content, offers, ETC before becoming profitable, so if you dont have a nice sized budget, i would recommend staying away from media buying for the time being.
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| | #27 |
| Warrior Member Join Date: Jun 2009
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successful media buying tip: don't do it unless you know the offers, traffic, page stats, and have $5000 to sink in. (yes, five thousand)
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| | #28 |
| HyperActive Warrior Join Date: Jul 2011
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yes. media buying is the big category. ppc is a subset of media buying. they are not different. and yes ppc u need a big budget. ppv are harder and more things to worry though. u have to make sure ur page loads up fast because if it doesnt 99% of the time people will close it before it opens up. only 1% will wait for ur ads to show. ppc are people who are interested in ur ad thus they click. so its higher quality traffic. ppv are people who are forced to see ur ads so the quality is not as good. just keep that in mind. |
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| | #29 |
| Senior Warrior Member War Room Member Join Date: Sep 2007 Location: , , .
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If you could spend $50,000 per day, you would find enough winning ad variations to pay for your future ad spend. Unfortunately most start with $5 per day and are just setting themselves up for failure. You're buying data, tweaking it and profitting. Most don't get past the first step. |
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| | #30 | |
| Senior Warrior Member War Room Member Join Date: Jun 2009 Location: United States
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LOL yea don't we all wish we had 50K to blow right away ![]() CHAD | |
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