Ive recently broke into the affiliate marketing arena and have tried my hand at SoloAds. I am curious if my assessment of my first attempt is correct. So if you will indulge me, Ill share with you what I have done and my results, as well as, my thoughts on the matter. Then, if you would, please give me your feedback.
Here we go.
Firstly, I understand it may be WAY TOO SOON to really get a feel for things. However here is the timeline:
12/23/16 signed up as an affiliate for a product that was claiming 74% conversion according to the JVZoo stats
12/24 12/30 muddled around trying to get set up with an autoresponder. (I had let my AWEBER account go a couple of years ago so I signed up with GetResponse, but right out of the gate there was trouble with them sending me a verification code)
12/31 Purchased Landing Page Monkey and ordered a SoloAd Package. Started my campaign offering a free EBook that would then put the subscribers through a funnel with the affiliate offer.
1-2-17 Still no response from the SoloAd provider, so I sent them an email. I assumed that the holidays would slow things down. However, the provider did respond and I assume fixed the issue because according to LPM I was getting impressions to my Landing Page.
As of today, this campaign shows 371 Impressions with only 4 people clicking on the first button and ZERO actually signing up for the book and therefore no one getting on my list or going to the offer page.
Conclusion so far?
- I have a bad front end offer
- Its a bad SoloAd provider (although I think he was recommended on one of the Warrior Forum Threads)
- I stink at this.
- All the above.
Not to give up or quit, I try again. Although my budget is limited.
1-3-17 I design a new campaign, scrapping the free ebook on Online Business, and design a landing page that hints at the affiliate offer. (I still want them to subscribe to my list). Once they subscribe, it goes to the offer funnel.
I also use a different SoloAd provider based on a recommendation in the product that I am promoting.
Results as of today:
102 Impressions, 9 Clicking through to the email optin page. Of those 9, 6 opted in. None have purchased yet. There stats are as follows:
This particular SoloAd provider also offers stats. According to them I have received 96 unique clicks. I assume that means 96 people clicked through my link on the email to my landing page.
Of those 96
50% or 48 clicks are from the US
4% or 4 clicks are from Egypt
3% or 3 clicks are from Indonesia
2% or 2 clicks are from Morocco
I have no idea, if these are good stats. What I do know is I have paid $7.50 per subscriber from this second campaign. If you add both campaigns together, I have paid $16.33 per lead/subscriber. These are not the numbers that I have seen in all the testimonials. Surely there is a better way to build my list. Or maybe I am being too impatient. But I cannot keep spending $50 - $100 here and there without seeing some sort of results.