I have tested out a product for a while now and im very tempted to just go full out now and invest big time. I started off investing $5 a day to get 100 clicks on Google adwords and ended up with 2 to 4 sales with consistency for a week straight. I then went from spending $5 to $10 and my sales were in the 5 to 7 range. Yesterday i took a chance and spent $34 and had 17 sales on 450 clicks. Im very tempted to just go full out and invest $100 or more in a single day to see how much i could potentially make. My question is in a situation like this do you think i have tested enough to now go full out and make that type of investment in a day?
Didn't you ask this same question a few months ago...and didn't you get your AW account banned? Same product? i.e. TV Sat
Hahaha! $34 is risky? I see it as two things: Your either fucking bull shitting about your profits, or your just dumb. You've made $500 net I assume, what's wrong with putting $100 back? How are you tracking your sales? Do you have any conversion vs. keyword data stored? If not, check out www.tracking202.com by Wes Mahler. It's probably the best free software you can get (Prosper version).
Although just reading about adwords still, if wanting to increase your investment why not take it to $50, then $75 then $100.
Why would i bs? Im not promoting anything on here. Never have and never will. I was just looking for advice from someone with experience with Google Adwords. Maybe i got lucky, but the sales have been consistent. And how am i dumb asking a simple question to a marketer who has had a lot of success with Adwords? Your insulting me for no reason.
depends on the product. its more complex than you make it sound. theres no way to predict how the sales will scale without knowing what you are selling.
You took a chance and spent $34? Wow! Dude, $34 isn't a chance, it's nothing - especially for someone who apparently makes $500 a day.
Do it. I can't see any reason why you even have to ask. Remember risk = reward. Make sure you optimize your landing pages and group your keywords into different ad groups. This should help keep cpc down.
If I would have been at your place, I would have invested the profit of $500 to adword to earn in multiple of $500(as you said)
it's not a question. Of course, go full and keep records. I would also recommend to extend (or specify) your market. Google AdWords is driving a good traffic. Increase your spendings as much as your marketing budget can bear. Test it for a month at least. Use Google Analytics to see where your traffic comes from. One day is not enough for decision making.
I would say do it. If you spent 34 and got 17 sales at $30 per sale thats $476 in profits. Test it one day and see what happens. Basically its costing you $2 to make $28 so if you spend $100 then you might expect 50 sales for $1500 in revenue leaving $1400 in your pocket. GL let us know how it goes