Daily Journal: Goal - $100/day NET w/ Bum Marketing & Social Networks

Discussion in 'General Marketing' started by MyHub, Oct 10, 2009.

  1. dlm

    dlm Peon

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    #61
    Yeah, that will make you at least....$10 :rolleyes:

    There are two important things this thread is showing:

    1) It's quite easy to build up large Facebook groups/fan pages which can be used for marketing

    2) The revenue generated per user on Facebook is incredibly small (tens of thousands of fans/members and less than $200)
     
    dlm, Oct 22, 2009 IP
  2. MyHub

    MyHub Well-Known Member

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    #62




    Morning Everyone

    Let's not draw conclusions so quickly after only a few days of work. For one thing, our sample size is way too small. We're not even at 100,000 people yet, and remember, Facebook population is around 200 Million+. To prematurely throw in the towel will hinder us from seeing the true future potential of our clients.

    The strategy to reach all Facebook lies in 3 basic phases:

    1. Build up an initial list of 1-10 Million Followers or more (hardest, longest and most boring part) This is what I'm doing now. (General Traffic, Low Monetization Potential)
    2. Use that list to create a series of opt in lists for Facebook groups of 5000 Maximum Members (More Targeted Traffic, Moderate Monetization Potential)
    3. Use that list to kick start a viral campaign for a Facebook Application (This is where the REAL money is at) (Highly Targeted Traffic, High Monetization Potential)

    (I will be monetizing during each of these phases)

    So as you can see, I am only on phase 1, which is, incidentally, the hardest part. The sample size is too small to make any reasonable judgment on monetization potential. We'd best wait till we're in the hundreds of thousands, or even the millions.

    I have started a 5th group a couple of days ago. This one is a fan page.

    Group 1: 5000
    Group 2: 50981
    Group 3: 28002
    Group 4: 11272
    Group 5: 1838

    TOTAL: 97093

    I encourage everyone to continue to follow my progress, as I plan to penetrate the vast majority of the active Facebook population.

    The greatest potential of PHASE 1 and PHASE 2 will be realized when the invitation to the Facebook Application is blasted to all 2 Million (or more). What will happen is this:

    1. Around 1 out of 10 will respond and add the application. (200,000)
    2. The Facebook App will give them an offer they CAN'T refuse (I will not share this idea with DP)
    3. To get this offer, 1 out of 2 that have added the App (100,000) will invite ALL their friends in TWO CLICKS.
    4. The average Facebook member may have around 300 Friends. Thus: 30 Million Invitations will be sent.
    5. 1 in 10 will respond and add the app. (3 Million)
    6. 1 in 2 who have added the App will invite their friends. Thus, depending on velocity and reaction time, the entire active Facebook population will have been invited in a matter of 1 to 2 months.
    7. I expect 10% minimum of Facebook to participate in this Application (25 Million People)
    8. The application will generate revenue in 2 ways: Revenue from the application itself, and revenue from ads within it.
     
    Last edited: Oct 23, 2009
    MyHub, Oct 23, 2009 IP
  3. MyHub

    MyHub Well-Known Member

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    #63
    Hey everyone

    I've faced some frustrating obstacles in the past few days, resulting in ZERO sales. Facebook has disabled all hyperlinks on group pages, and then totally eliminated the front page. On the upside, I've positioned myself for better conversions by placing the entire Clickbank sales page directly into the fan page. This is giving me a heck of a lot more "order form impressions" than before. So the conversion stats you'll see below will not show many hops - rather they will show order form impressions. The 2 orders I would have received commission on in the past 36 hours did not go through, probably due to credit card authorization failure.

    All is not lost for Group 2. In fact, Facebook has put a "join group" button directly into the new news feed. They've also been gracious enough to put a text box below the group picture where group admins can put a very limited amount of text. Thankfully, hyperlinks are active in there, so I put my hoplinks in there as tiny urls.

    Group 1: 5000
    Group 2: 54102
    Group 3: 38250
    Group 4: 18089
    Group 5: 2402

    TOTAL: 117,843

    [​IMG]
     
    Last edited: Oct 26, 2009
    MyHub, Oct 26, 2009 IP
  4. MyHub

    MyHub Well-Known Member

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    #64
    Morning everyone,

    We're back on schedule. From the screenshot results below, we can see the disastrous results over the past few days due to group hyperlinks being disabled all across Facebook. Fortunately, my strategy of putting the sales page into the fan page appears to be working. Additionally, we note that someone has went on a shopping spree yesterday and bought 5 amazon items! I will likely be credited around $10 for that. 2 more Amazon items shipped yesterday.

    I'd like to note that "shipped" means the merchant has sent the item, and "delivered" means the customer has received it. I said "delivered" in a previous post, and I'd like to correct myself on that - I should have said "shipped". Sorry for any confusion that may have caused.

    TOTAL All Groups: 122,912

    [​IMG]
     
    Last edited: Oct 27, 2009
    MyHub, Oct 27, 2009 IP
  5. mohammad111

    mohammad111 Greenhorn

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    #65
    That's a nice plan and once you complete your thing you will get very good results. BTW don't forget to outsource the work as you go because this will make it faster and very less painful. :)
     
    mohammad111, Oct 27, 2009 IP
  6. MyHub

    MyHub Well-Known Member

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    #66
    Hey Everyone!

    Thanks for all your support and tips.

    Unfortunately, two more Clickbank sales failed yesterday due to credit card authorization failure. (I would have made around $50) Folks need to have money in their account before they buy LOL! I'm also facing another frustrating obstacle, this time with Google Adsense. My StatCounter Code clearly shows over 100 legitimate clicks yesterday.

    [​IMG]

    And my AdSense account only records 5 of them:

    [​IMG]

    After digging through forums and help sections, I learn that they only record clicks for people who have been on your site for a "reasonable" amount of time. :(

    On the upside, we see that someone else has went on a shopping spree yesterday and bought $1,000 worth of Amazon items! I will be getting anywhere from $40 to $80 from that. I'll know the exact amount once those items are shipped.

    [​IMG]

    TOTAL All Groups: 135922
     
    Last edited: Oct 29, 2009
    MyHub, Oct 29, 2009 IP
  7. MyHub

    MyHub Well-Known Member

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    #67
    It appears as if the rate of growth on weekends tends to be greater than that of weekdays.

    [​IMG]
     
    MyHub, Oct 29, 2009 IP
  8. Christian Little

    Christian Little Peon

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    #68
    MyHub - have you started sending out messages to all these people that have signed up? If so, what are the results?
     
    Christian Little, Oct 30, 2009 IP
  9. MyHub

    MyHub Well-Known Member

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    #69

    Hi everyone,

    @ Christian:
    That's a very good question. I'll post the results below. The important thing to note from these results though, is that it doesn't appear to have affected the growth rate any.


    Google Adsense is giving me a very hard time, as they are not recording ANY of my clicks. I've had over 200 legitimate click-throughs in the past few days, and none of those were recorded. Those lost clicks may have been worth $40 to $100 or more.

    On the Clickbank front, I've made a couple of more sales totaling $35.96, and, thankfully, these credit card authorizations were successful.

    On the Amazon front, 4 items were shipped yesterday from the fellow that went on the shopping spree. I am cautiously optimistic about this. Everyone does not have this kind of money to throw around, and I'm willing to bet that these results are not typical. However, if I'm able to get more people to click through to Amazon, then the chances of getting these results should definitely increase.
    [​IMG]


    Messages Sent:
    I have included the date and time so you can cross reference this data with the growth charts I have provided in previous posts. I hope this data is as useful in your marketing efforts as it has been in mine. Let's note that I'm only sending 1 message per day, and the group is growing steadily as each message is sent.

    Saturday, October 10, 2009 ==> Group started. Invites blasted to 5,000 Facebook Users
    Tuesday, October 13, 2009 at 8:53pm ==> Message instructing people to invite friends
    Wednesday, October 14, 2009 at 4:08pm ==> Message instructing people to invite friends
    Thursday, October 15, 2009 at 7:04pm ==> Invitation to new Mass Add group. Results: Membership at 25,710
    Friday, October 16, 2009 at 4:53pm ==> Invitation to existing Mass Add group. Results: Membership at 56,459
    Saturday, October 17, 2009 at 12:39pm ==> Soft Presell to free download. Results: 113 Subscribes
    Sunday, October 18, 2009 at 5:19pm ==> Soft Presell to CB Product. Accidentally sent a broken link (I REALLY screwed this one up). No sales.
    Sunday, October 18, 2009 at 9:56pm ==> Resent Soft Presell message with correct link. 1 Sale. Revenue: $6.62
    Monday, October 19, 2009 at 9:31pm ==> Invite to new Mass Add page w/ product name on default pic. Results: Member increase from 0 to 2,795
    Thursday, October 22, 2009 at 6:02pm ==> Quid Pro Quo Invite to a Niche Fan Page w/ teaser videos. Results: +304 Increase. Revenue Unavailable
    Saturday, October 24, 2009 at 4:41pm ==> Invitation to a Niche Fan Page w/ hard sell CB Product. Results: 199 Members. 80 Hops. 33 Order Forms. 0 Buys.
    Monday, October 26, 2009 at 10:09am ==> Invitation to use a Gift Application I made. Results: 399 Monthly Active Users. Gifts Sent: 646
    Wednesday, October 28, 2009 at 5:05pm ==> Viral Video. Results: 1,667 Impressions. Adsense Clicks: 200+ Adsense Revenue: $1.42
    Thursday, October 29, 2009 at 5:43pm ==> Offering Mass Add paid service to members. Results: 8 Purchases. Earnings: $5.32

    Additional Maneuver:
    Sunday, October 25 - 29, 2009 ==> Embedded CB sales pages into fan pages. Results: Order Form Impressions: 717 Revenue: $63.96


    TOTAL All Groups: 142913
     
    Last edited: Oct 30, 2009
    MyHub, Oct 30, 2009 IP
  10. MyHub

    MyHub Well-Known Member

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    #70
    Afternoon, everyone

    A quick update... Things are picking up, which is good. Here is my CB Screenshot

    [​IMG]

    TOTAL All Groups: 187,050. From here on, I expect sales to continue to increase. I will grow this number to 2 million over the next 3 months, so I won't bore you with the same old updates until then.

    But when I reach this 2 million milestone, I will launch my Facebook Application and invite them all to it. The application will have each person invite their entire friends list, which should expand Monthly Active Users to 25 million or more within 1 or 2 months after launch. That is the plan. I will post my results in this forum. Thanks for everyone who has showed interest in this project!
     
    MyHub, Nov 3, 2009 IP
  11. Christian Little

    Christian Little Peon

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    #71
    Best of luck dude. What you've done is pretty neat, but I don't think it will work long-term. You are essentially abusing the hell out of facebook and I can see you getting banned from doing it.

    However you haven't been caught yet and I have to admit that I'm pretty impressed with what you've posted so I wish you the best of luck :)
     
    Christian Little, Nov 3, 2009 IP
  12. ZikiBru

    ZikiBru Peon

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    #72
    this is really interesting
     
    ZikiBru, Nov 12, 2009 IP
  13. MyHub

    MyHub Well-Known Member

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    #73
    Morning everyone

    ClickBank revenues are in and I'm now feeding that money into split-testing Facebook ads. You can see the results below. I started split testing November 20th. Here are my results so far:

    Split test 1 - Adspend: $1 Gross: $2 Net Profit: $1
    Split test 2 - Adspend: $1 Gross: $3 Net Profit: $2
    Split test 3 - Adspend: $1 Gross: $5 Net Profit: $4

    For newbies, all I'm doing is figuring out ways to get more sales while spending less money on ads. That's what these split tests are for. I just started split test 3, so data is still young. But let's hope these trends continue.

    [​IMG]

    As you can see, I've already made $100 in one day already! But it's still not consistent. My goal is to make $100 EVERY day. So I continue.

    When ClickBank sends me my profits from these tests in 2 weeks, I will use it to build more groups and run more ads. I'll put more ClickBank links in those groups so the traffic from there can give me more sales. My goal here is to get other people invite their friends, yielding more FREE impressions to my affiliate link, thus leading to more clicks and, ultimately, a higher ROI.

    STAGE 3: Facebook Application
    My Facebook application is still under development. That will be the true money maker because folks will need to invite their friends in order to get maximum benefit from it. This will reduce my advertising costs and increase clicks to my hoplinks. Facebook is changing their method in which applications can have users invite their friends. In the next few weeks, invites will likely show up in their inbox. This is good news for me because my invites will receive higher click through rates being in the inbox versus in the notifications section. Good job, Facebook!
     
    Last edited: Nov 23, 2009
    MyHub, Nov 23, 2009 IP
  14. imsolutions

    imsolutions Greenhorn

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    #74
    dude good luck and let us know the progress
     
    imsolutions, Nov 23, 2009 IP
  15. youproblog

    youproblog Guest

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    #75
    Awesome thread! well done mate, keep it up.
     
    youproblog, Nov 29, 2009 IP
  16. MyHub

    MyHub Well-Known Member

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    #76
    Morning everyone

    Split tests show a 300% ROI from my adspend as shown below:

    [​IMG]

    No sales today as of yet because I'm waiting for approval for today's ad, which I submitted last night for approval.

    It was hard at first to get this to work because i had to wait 2 weeks for my CB Paycheck. But now that the money is rolling in, I'm able to get these ads out. Hopefully I won't have too many expenses for the next couple of weeks because I want to focus the cash from CB paychecks to these ads.

    You can see exactly how I'm getting this 300%+ ROI on my ads by visiting my signature below. I've put together a system which you can duplicate yourself if you wish.

    Hope this helps.
    Thanks.
     
    Last edited: Dec 3, 2009
    MyHub, Dec 3, 2009 IP
  17. freshD

    freshD Peon

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    #77
    wow.. nice
     
    freshD, Dec 3, 2009 IP
  18. Lastbutnotleast

    Lastbutnotleast Peon

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    #78
    Nice thread ANYWAY
     
    Lastbutnotleast, Dec 6, 2009 IP
  19. chrisdina

    chrisdina Peon

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    #79
    wow...fantastic....my applause for you..
     
    chrisdina, Dec 6, 2009 IP
  20. bodmov

    bodmov Peon

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    #80
    great post
     
    bodmov, Dec 9, 2009 IP