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

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

  1. MyHub

    MyHub Well-Known Member

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    #81
    Hey everyone,

    The split tests are definitely working. Unfortunately, I've run out of money for the week, so I'll have to wait for my next ClickBank paycheck to come in until I can start the engine up again. The next few cycles should bring in at least twice as much money. I've got to admit - this is WAY better than having a 9-5 job and getting paid once a month. Hold on to your seats everyone. It's been a great week!

    [​IMG]
     
    MyHub, Dec 9, 2009 IP
  2. jakehard

    jakehard Peon

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    #82
    Very impressive and motivational. Keep it up
     
    jakehard, Dec 9, 2009 IP
  3. Lastbutnotleast

    Lastbutnotleast Peon

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    #83
    Good marketing :)
     
    Lastbutnotleast, Dec 14, 2009 IP
  4. Gerinja

    Gerinja Well-Known Member

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    #84
    excellent clickbank sales here!
     
    Gerinja, Dec 14, 2009 IP
  5. J1218

    J1218 Well-Known Member

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    #85
    First of all I want to congratulate you on this. Awesome job!

    I am a bit confused as to what you're doing here though. You mentioned in the first post that you will be doing a bum marketing campaign and then you said you will be experimenting with Facebook groups too. From the updates you have been given us, all you really mention is Facebook and nothing about the article marketing. So where are all these sales coming from? Are they all from Facebook, articles, or a combination of both?

    Also, what are you doing with the Facebook ads, are you just direct linking them to a Clickbank product or to a landing page where you presell them or what? Maybe I didn't read it correctly but I'm just confused as to "what" it is exactly that you're doing here.

    Either way, you're kickin ass with it and that's what matters so keep it up. Any insight would be greatly appreciated though :)
     
    J1218, Dec 14, 2009 IP
  6. dlm

    dlm Peon

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    #86
    From what I understand, he started with bum marketing and Facebook groups and pages...these seemed to work okay, but the revenue never really picked up that much.

    Then the thread starter began advertising on Facebook and this appears to have greatly improved his revenue generation.
     
    dlm, Dec 14, 2009 IP
  7. J1218

    J1218 Well-Known Member

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    #87
    Yeah, that's what I was thinking but I wasn't sure if his revenue was maybe a combination of them all. Almost everyone I've ever talked to said they don't get good results with Facebook ads at least for Clickbank products and I've experienced bad results with it too. Then again, if he's able to get clicks as low as .02 like the link in his signature is talking about, I can see how this is quite profitable.

    I'd love to get an update from MyHub though to comment on this. Also, does he just randomly put together a Facebook group with as many people as possible or are they targeted to a particular niche? If you're just building groups with the purpose of getting as many members as possible and still getting them to buy your stuff that's awesome since they are completely non-targeted.

    Well, hope to see you back here soon with an update. I'm definitely curious to learn more seeing your recent Clickbank sales and the fact that you haven't been doing this for very long. It shows some potential if you can keep it up.
     
    J1218, Dec 14, 2009 IP
  8. Christian Little

    Christian Little Peon

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    #88
    I believe they are targetted groups and he's been capping the membership of each to 5000 members so he can email them all. At least that's what he originally said he was going to do (groups with more than 5000 members can't email their members...which is a really bizarre limit in FB).
     
    Christian Little, Dec 15, 2009 IP
  9. J1218

    J1218 Well-Known Member

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    #89
    I don't get how the groups grow so fast. I understand that he's offering them the incentive that they will be placed on the front page of the group or whatever but wouldn't that be hard to put every single person out of the 5,000 on the front page or am I missing something here?
     
    J1218, Dec 15, 2009 IP
  10. Christian Little

    Christian Little Peon

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    #90
    It's not hard to grow groups on facebook. I had one last year that grew to like 20,000 people. If you create a group around a popular topic and send invites to your friends, the theory is they will all send it to their friends and so on.
     
    Christian Little, Dec 15, 2009 IP
  11. J1218

    J1218 Well-Known Member

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    #91
    Yea that makes sense. I've never really messed around with Facebook aside for personal use and I go on like once every few days just to see what people are up to. Never looked into the groups and fan pages and all that stuff. I just might try this out seeing the results that MyHub is getting with it. Assuming his sales are coming from the groups too and not just his ads.
     
    J1218, Dec 15, 2009 IP
  12. SocialMancer

    SocialMancer Greenhorn

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    #92
    Intense thread my friend! Thanks for the motivation and inspiration
     
    SocialMancer, Dec 15, 2009 IP
  13. blogaboutnothin

    blogaboutnothin Peon

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    #93
    I've never tried the Facebook group method. I stick to the bread-and-butter of my opt-in list. I will look into this in much more details. Great earnings btw!
     
    blogaboutnothin, Dec 15, 2009 IP
  14. ItzPaul

    ItzPaul Peon

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    #94
    Awesome thread man and the money you made is insane. Congrats. Hope you milk it.
     
    ItzPaul, Dec 15, 2009 IP
  15. MyHub

    MyHub Well-Known Member

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    #95
    Thanks guys for all the support!

    I just want to say up front that all the money you see there isn't profit. About 1/3 of that is advertising costs. So, for every 1 dollar I spent, I got 3 dollars back. Those are my rough results so far.

    Frankly, the conversion rates for the ClickBank products suck. They're less than 1%. But, as you can see, I'm still able to bring in 3 times more than I spend in ads because I got my Cost Per Click down really low. (In a perfect world, I should actually be bringing in 10x more than I'm paying out in ads.) If anyone's wondering why I didn't choose higher converting products, it's because I spent all the money I made with the Facebook groups (which wasn't much) working on the initial split tests to get my Cost Per Click down to 4 cents or less. I hope that makes sense.

    Someone asked what I'm doing to make all these sales. I'm just sending thousands of Facebook clicks to ClickBank sales pages. Most of those sales you see above are from the facebook ads.

    The engine isn't at full speed ahead yet. This week has been a dry one because I used the money last week to get my CPC down while making sales. I'll have to wait 2 weeks to get the money in. CB deposits the money into my account once a week, so I won't be seeing that thousand dollars till December 23rd.

    The couple hundred coming in tomorrow will be used for more split tests, a couple of Christmas presents and some bread. (I've got to eat :) ) I'll be testing a couple of more products tomorrow and working on getting their CPC down to 4 cents or less. I'll be focusing on products with higher payouts, higher converting sales pages, higher click through rates, lower cost per clicks, and better converting ads. All these ingredients should move my ROI from 300% to 1000% (or 10x my money back).

    Here's an example of my ideal Facebook campaign:

    I spend $100 per day at 3 cents per click. This brings 33,333 clicks to the sales page.
    The page converts Facebook traffic at 1%, giving me 333 sales for the day.
    At $20 per sale, that gives me $6,660 in sales each day.

    So those are the goals for the next few days. I hope it works!
     
    Last edited: Dec 15, 2009
    MyHub, Dec 15, 2009 IP
  16. J1218

    J1218 Well-Known Member

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    #96
    Oh ok, so you didn't make too much money off the big groups that you made but rather off the CPC Facebook ads? If you don't mind me asking, what is your strategy for getting them to convert? I'm not asking you to share your offer or exact ads or anything, but are you direct linking to the sales pages or are you sending them to a blog or landing page first to pre-sell them?

    I've tried advertising with Facebook in the past and got very poor results so that's why I'm very curious about this.

    Even spending $1 to make $3 is very good. You're tripling your money every time and a lot of people don't even come close to this.

    Also, how are things going on your Bum Marketing campaign? Are you still doing this or are you just focusing on the Facebook ads now?

    Looking forward to your response :cool:
     
    J1218, Dec 15, 2009 IP
  17. MyHub

    MyHub Well-Known Member

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    #97


    Hi J

    I'm just sending thousands of Facebook clicks to ClickBank sales pages. No blogs or presell. I'm conflicted about this one. One side tells me that the more steps the customer has to take to get to the product, the more customers I will lose. Then another side tells me that a presell will convert more clicks into a buyer's mentality. Then the other side tells me that it is the ad's job to pre-sell, and the sales page's job to convert them into the buyer.

    I'll eventually get around to doing pre-sell pages, but for now, I'm focusing on cramming most of the pre-sell into the Facebook ad and then letting the sales page convert them into buyers.

    What I actually need to do is get off my rear end and create my own ClickBank sales pages and hard link directly to the order form. The problem is that I don't know to put my tracking ID into the order form URL.

    1.affiliatename_vendorname.pay.clickbank.net

    But where in that URL does my TID go? Once I figure that out, I'll just make my own sales pages.



    The bum marketing is on hold until I can get the Facebook income stabilized.
     
    MyHub, Dec 15, 2009 IP
  18. J1218

    J1218 Well-Known Member

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    #98
    Yeah I'm also on the fence about the pre-sell thing as I'm starting a bum marketing campaign myself. I can't figure out if I want to send them right to the product or to my landing page first. I guess I'll test both and see what happens with it.

    Do you target by demographics and interests and all that or are you sending the ad out to as many people as you possibly can? I'm really thinking about getting the guide you sell in your sig link if it will teach me all this stuff. Do the strategies you teach in your guide work for any niche?
     
    J1218, Dec 15, 2009 IP
  19. MyHub

    MyHub Well-Known Member

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    #99
    The document in my signature does get into detail about the amount of folks you send your ad to as well as targeting. If you do decide to purchase it and start a few campaigns using my strategies, I'll be here to answer any of your questions. I admit, I'm not a guru. But I am on the front lines doing this every day, and I do know how to get these Cost Per Clicks down cheap. $15 bucks should give you enough info to save you hundreds of dollars in split tests I've already done, and get your campaigns up and running at a positive ROI. Yes, it should work in the vast majority of niches. I'm testing out a few other niches now, and I'm getting similar results. Hope that helps.
     
    MyHub, Dec 15, 2009 IP
  20. MyHub

    MyHub Well-Known Member

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    #100
    More frustrating obstacles:

    My 2 largest fan pages have been shut down. Apparently all large fan pages have to go through a human review to make sure they are legitimate. I followed all their instructions perfectly and they still shut it down. I sent them an email. No response. Whatever. I'm not even going to waste my breath complaining. I'm still making money off of Facebook.

    I've described the Fan Page authentication process and instructions in this thread. Hope that helps.

    Moving on!
     
    Last edited: Dec 16, 2009
    MyHub, Dec 16, 2009 IP