How To Calculate The Roi Of An Affiliate Marketing Program – Hi folks, if you ‘re an affiliate, marketer and you have an interest in utilizing Bing ads to do affiliate marketing, I wish to prove to you that it really works by giving you my own personal experience and strategy that I utilize to generally make 3 hundred thousand in affiliate sales.
On this network now I made a great deal of different projects and tasks on Bing ads, and there were two in specific that made me the majority of the cash out of the 3 hundred thousand one was for a weight reduction item that made me about a hundred and Ninety thousand, the second one, was for a program that I ‘m still promoting to this date, which is the rich affiliate program that made me about 63,000 and the other income reports are from other various campaigns.
I didn ‘ t do all of the mathematics on it, however it ‘s actually over three hundred thousand, and I want to offer you evidence today by revealing you the two major projects, so the first one that I ‘m going to reveal you is the weight loss one.
It was through a campaign called a 17 day diet plan.
That was a diet plan like that that existed a variety of years earlier, which campaign really got over a hundred thirty thousand clicks.
Now, out of those thirty one hundred and thirty thousand clicks, I was promoting a clink bank item and I was making like twenty thirty dollars per sale and it was taking place extremely frequently.
I was basically providing an evaluation of the seventeen seventeen day, diet program, promoting it as well, connecting to it and likewise promoting the Clickbank program program and, as an outcome, I was able to generate over a hundred and ninety thousand dollars in sales.
And for that I got these 2 diplomas from Clickbank, each of which required that I make over a hundred thousand to start with, so I might actually be on their leading affiliate list, and this is simply one of the checks that I received throughout that duration.
It was a check for over twenty one thousand dollars for two weeks work for this particular campaign that I simply revealed you.
I wear ‘ t have all of the earnings reports to show you about this specific project that I ran, however I indicate this is this happened? Many years earlier, so I didn ‘ t record ever whatever.
The 2nd campaign, however, is one where I do have more income evidence to reveal you that this things works and it basically involved promoting a program and I ‘m still doing it to this day is called wealthy affiliate.
So I established a project that promotes this program.
It got over ninety 9 thousand clicks and it on Bing advertisements alone.
I got over three thousand conversions to this offer now in regards to sales.
However basically, all of these income reports are sales that I created as an affiliate for the rich affiliate program and there ‘s like a lot of pages here see it says this is just the first page, there ‘s a second and there ‘s the third.
I did the math.
I added it up and it was basically over three hundred thousand, but the manner in which i promote wealthy affiliate is not simply through Bing advertisements.
It ‘s likewise through SEO and YouTube videos all that sort of stuff, so about 20 % of all of these earnings reports come from being at Bing ads which equates to sixty-three thousand and the others resemble various campaigns that I ran some promoting weight-loss products.
Some promoting drones, simply those sorts of things you ‘re just gon na – need to take my word for it at this point, however entering into more information, if I showed sufficient proof that I understand what I ‘m talking about with being ads, I want to reveal you exactly how I run projects on being ads to generally create really high quality ads that get a lot of clicks.
That cost me really little and generally produce the most amount of sales.
I ‘m gon na give you an example of that by really producing an advertisement before your eyes and you ‘ll have the ability to utilize this advertisement on being advertisements to essentially recreate it yourself.
Before we get into the information, I desire to offer you some of the lingo that you should understand if you ‘re gon na get included with being advertisements.
The very first is when you develop ads you ‘re gon na have a great deal of different terms for how that advertisement is doing the very first of which is clicks, and that ‘s generally, how many clicks your advertisement gets, the more clicks it gets, the much better.
It is, usually speaking, the second one is impressions, which simply suggests how many times your advertisement appears on Bing ads.
The next one is invest, which is how much you spent on the ad itself and, usually speaking, the lower your ad spend the better.
It is since the less you spend on advertisements and the more you make it quite affiliate sales, the more profit you make it ‘s beautiful simple, then we have cost per click, which is a which is how much you invest for each click that you get and Generally consulting with the method that I utilize, I ‘m able to usually pay less than 10 cents per click, which is remarkable.
There ‘s a great deal of people that put on ‘ t understand how to use Bing advertisements, especially for affiliate marketing, and they wind up paying like upwards of like one dollar and several dollars and Bing will attempt to encourage you to pay more.
My strategy is going to make sure that you pay really little bit, and this is a very safe way to do PPC.
The next one we have is merging, which is generally the number of sales that you are advertisement creates.
Then we have actually something called quality score and it ‘s measured on a one to 10 scale and 10 is the best and in addition to that, the strategy that I ‘m going to show you provides you with a really high quality score.
In my, most of the times, seven and above, which is great, the greater your quality score, the less you will pay in in cost, which is excellent and followed by.
That is the last one is CTR, which is the click-through rate and the greater it is the much better.
It ‘s going to be so now that I ‘ve explained this terminology.
Let me in fact enter into the details of how to get started with this stuff if you ‘re simply beginning with affiliate marketing on being advertisements.
What exactly do you do? How do you get started and the answer to that is basically: first, you require to actually have an affiliate promo in mind and the one that I ‘m going to utilize as an example is a drone site that I have actually established and I ‘m associated with a drone Program called DJI and I ‘m gon na be promoting one of their drones and I ‘m gon na be producing an add-on being to promote that drone in a moment.
In your case you ought to get begun with an affiliate program and find something to promote.
I recommend you choose something that pays you anywhere from like thirty dollars and above maybe fifty dollars, because the higher you earn money as a commission for affiliate marketing the more space you need to get more clicks and not get sales however still breakeven.
For example, if you were getting paid $ 50 for a sale for promoting something, you would need to get five or you would require to make one sale out of every 500 clicks in order to break even so.
500 clicks is a lot of leeway in order to generate income, so the more you can earn money as an affiliate Commission, the much better it is for you, so as soon as you have that down, you also require to have a website with a landing page now, in my Particular case I ‘m going to be showing you the landing page we ‘re going to be using, which is this one right here,
So, each time people click this they ‘re going to be taken to the DJI site, and this is my affiliate link and this specific drone costs about us.
This drone expenses over $ 1300 and if I have the ability to make a sale for this drone, I ‘m gon na get about perhaps 80 bucks.
So that ‘s a great deal of freedom for me so when you find something to promote and you become an affiliate to get that link and all that sort of stuff and you develop your site, the next thing you want to do is you wish to in fact review the Products so in my specific case, I have a review of the Mavic 2 professional over here, and this is something I personally wrote so when I develop an ad individuals that are looking for, the Maverick to pro are going to be taken to this specific page.
It evaluates the Mavic to professional and there ‘s affiliate links such as this one over here.
That ‘s going to take them to the link and have them buy the drone.
If they buy it, I will be making the Commission, so that ‘s simply something that you wish to do now.
The last part is actually creating the add-on being ads to make sure that this is actually all done, and this is where it gets a little bit complex, especially if you ‘re brand-new.
So I require you to really concentrate on this particular part, because now I ‘m gon na go into Bing ads and I ‘m gon na produce a project, and I ‘m gon na explain how to establish the project.
So you pay as little as possible.
You optimize your conversions and you basically get the best of whatever.
What I ‘m gon na do right now is I ‘m gon na go into Bing and I ‘m gon na click on produce campaign.
I ‘m simply gon na make this genuine small.
I ‘m gon na take my face method, so you can see everything Bing.
Has this really dumb thing, unfortunately, where they have you picked what you desire your website to do, and this is sort of like an extra wall that you have to do, but you ‘re gon na click the sees to my site, I ‘m they ‘re gon na ask you For a campaign name, I ‘m gon na click drone and I ‘m gon na make it $ 200 a day, which is my project budget. How To Calculate The Roi Of An Affiliate Marketing Program