I've been playing around with adwords lately (I'm more of a bum marketer), and with my latest figures (so far for the month of October), I've spent $66 with adwords, and earned $166. Is that good? I mean, I know it's still a profit of $100, but should that ratio be better....or is that what I should expect? Thanks!
If this method isn't costing you much time then hell yeah that's a great ratio. I don't know what other people get but I certainly love it when I can double my money with paid traffic.
I'd wait until you have at least 10 conversions before declaring the results reliable. Also, take possible refunds into account. But if you make $100 profit on $66 that's very good going. Now you need to scale it up, optimise, use the content network, add different countries and get the $$$
Put the profit you've made so far back into your campaign then, that way you're increasing your investment without losing anything (you're playing with free money )
I'm with you man, there's something scary about having just a little success, especially when your not 100% sure you can reproduce it , or keep it going. I finally have a self sustaining campaign, but now I'm scared to start a new niche.
I have read that the biggest barrier between most people ans success is their own fear. Sometimes even fear of success itself. The only time I will feel fear is if I'm getting into debt and spending money I don't have. If I can invest with earned money then I'm as happy as a pig in sh*t!
This all depends on how much time you've spend on optimizing your campaigns and future time spend as well. In general 150% margin is a good job but it all depends on how much you want to earn!
Well that is pretty good,but if you didn't optimize your campaign I suggest that you do it because you can earn even more.