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How to Find Winning Banners For ‘Get Rich Quick’ Affiliate Campaigns
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An Affiliate Marketer Going Slightly Insane Before 30 and His Daily Routines
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5 Ways For Writers to Make More Money

How to Find Winning Banners For ‘Get Rich Quick’ Affiliate Campaigns

There are four types of banners:

  1. Clickers
  2. Converters
  3. Winners
  4. Duds

A winning banner draws both clicks and conversions, a dud attracts neither.

It’s rare to find a winning banner on Day 1.

A much more likely scenario is you will attract a healthy mix of clickers, converters and duds. Incredibly, some affiliates can’t tell them apart.

There seems to be a misconception in our industry that optimising = finding banners with the highest clickthrough rate (CTR). Time and time again I see affiliates walloping themselves in the balls with this flawed strategy.

It is a stroke of lunacy to cull ads and landing pages based solely on their CTRs.

Do you want a large audience or an audience that converts?

The only variable that matters is the conversion rate, and your entire testing strategy must be built around this principle.

Before you can rely on conversions, they need to be observable. Fully observable. You can’t make decisions if you don’t have the right data.

How to Track Banner Performance

Let’s assume we’re running ads on TrafficJunky, using CPVLab to track.

Here’s how you track individual banner performance.

Load up CPVLab, add TrafficJunky as a new network like this:

TrafficJunky Tokens

Next, setup your campaign as you normally would, but choose the source you just defined.

TrafficJunky CPVLab

You’ll notice the new URL Append Token. This is reflected in your tracking link, which will look like this:

http://YOURTRACKING.COM/base.php?c=149&key=763b5088462f1229279f9247&keyword=EDIT

To track the performance of an individual ad, simply edit the URL for each banner:

Tracking tokens on TJ

http://YOURTRACKING.COM/base.php?c=149&key=763…&keyword=ad1
http://YOURTRACKING.COM/base.php?c=149&key=763…&keyword=ad2
http://YOURTRACKING.COM/base.php?c=149&key=763…&keyword=ad3

And so on…

When you start receiving traffic, you’ll be able to track the conversion rate of every single banner. Not just the clicks.

Tracking CPVLab

It’s very early doors in this campaign, but already you can see one banner is producing almost half the conversions on 1/9th of the spend.

This creative is also drawing the most banner clicks (60 vs the lowest performer with 30). A perfect storm for any affiliate. We love it when the banner with the highest conversion rate also delivers the highest CTR.

But it doesn’t happen very often.

So, here’s what you do when your top converting banner is drawing a low CTR:

Original Top CTR Banner:

Anonymous Wilma

Original Top Converting Banner:

Top converting banner

We want to keep the appeal of the converting ad, while using the aesthetics of the ad that gets the most clicks. So we play a game of Mix n Match:

New Banner, to take over the web:

Winning bunny

I use the call-to-action from the high CTR banner as this is unlikely to affect conversions, but can affect clicks.

Sometimes Mix n Matching will work, other times it will flop.

But unless you know exactly what converts, you are testing blind.

From my experience, a banner that draws plenty of clicks but fails to convert is often guilty of selling an appeal that isn’t reflected in the landing page (or the offer).

A banner that converts well on a small trickle of clicks has solid foundations, but needs to be presented better or or targeted more effectively.

Note: If you find a angle that converts like hot-doggy-on-sauce on only a small number of clicks — but no image or colour scheme will increase its CTR — try isolating the audience. Establish what type of users you’re appealing to, then work out where they can be found in concentrated numbers.

If you are optimising your landing pages, but not your banners, you are leaving money on the table. No affiliate can afford to make this mistake.

Recommended This Week

  • Check out Premium Posts Volume X. This volume is proudly sponsored by Adsimilis, one of the best networks for CPA affiliates. Adsimilis has hundreds of top offers (specialised in dating), with industry-leading payouts, and international coverage. Get onboard and start making some money!

An Affiliate Marketer Going Slightly Insane Before 30 and His Daily Routines

A question on routines from Darren:

Finch, how do you deal with managing multiple campaigns at once?

I’m hoping to build a large enough safety net to do affiliate marketing full-time from October. Are there any steps you’d recommend for building good routines?

Managing Campaigns & Time

Full-time affiliate marketing is the same as part-time affiliate marketing.

You only need an hour to do it well.

The biggest difference in going full-time is that you can afford to work on other projects, those in the ‘real world’.

I think this is good for your hairline. It takes the pressure away from belonging to an industry that is forever being handed the last rites.

Even if your one motivation is to become a successful affiliate marketer, I would not recommend creating campaigns from 9 to 5. You’ll go broke fast.

This was drummed in to my head quite recently by a realisation that I’ve wasted half my career to date. Thank god I’m 25.

Choosing Your Battles

A few weeks ago, I’d wake up, check my stats and one campaign would stick out like a sore thumb.

I had dedicated my left ball to this campaign. Crafting the angle, honing the ads and even meddling with JavaScript. It felt like my baby.

But it was only breaking even.

I was spending $400 on this campaign every day. Some days it would edge to a slight profit, others it would dip to a loss. But every morning I would wake up expecting my most recent changes to have launched it out the ballpark.

And they never did.

Eventually, I gave it the finger.

The irony is that no sooner had I stopped wasting time on this ground zero campaign, my energy shifted to another.

This second campaign was in a similar situation; roughly $300/day spend, but with a profit of $100-$120.

I had ignored it because it was profitable. Worry too much about diversification and you’ll commit this sin too.

One late night brainfart inspired me to apply one of the landing pages that I’d tested on my failed break-even campaign, and you can probably guess what happened next.

The conversions skyrocketed. From $120/day profit to $250+/day.

It was a helpful reminder of the Pareto Principle.

Don’t waste your time (and money) beating a dead horse.

If you have a campaign or a website that is doing well, make it do better before you think about creating something else.

I’ve stopped spending thousands of dollars on campaigns that are break even or a marginal success. I prefer to bring excellence to the increasingly rare handful that benefit from the optimisation.

In short, don’t run too many campaigns.

There are some campaigns that I have documented in my Premium Post series which, while helpful to the reader, will never be on my agenda. I don’t have the time or resources to focus on $20/day campaigns.

So, here’s a simple task.

Assume you have one hour today to work on the campaign that’s going to pay your bills for the rest of the year.

What will you work on?

There is no difference between part-time and full-time affiliate marketing. This answer should always be the same.

I believe in Parkinson’s law. Work expands to fill the time you have available.

So give yourself an hour and do something more sustainable with the rest of the day.

Establishing Routines

My day is split in two halves:

  1. The morning – spent analysing data and planning.
  2. The afternoon – spent acting on data and creating.

Before I start work, usually around 9am, I will traipse to the local petrol station and fill up on Costa Express. It’s a habit my girlfriend has used to draw comparisons with Alan Partridge; a massive compliment, and a man whose sweaters I would die for.

My morning is rarely as creative as the night before.

It’s tough to be creative when your last great idea is still simmering in flames.

I prefer to analyse data without jumping to conclusions, safe in the knowledge that damn near every traffic source I work with is fast asleep and unable to approve my ads until the sun rises across the pond.

The rest of the day is a blur of frantic creation, lots of writing, lots of Photoshop, and lots of Skyping.

Perhaps the fastest way to save money in this business is to ensure that you talk to your affiliate managers before launching a campaign, any campaign. Make it a routine.

I’m quite blunt with a four step assault:

1. What’s your top performing offer, by EPC in [country]?
2. And its top performing landing page?
3. What’s your second top performing offer, by EPC in [country]?
4. And its top performing landing page?

Followed by a thank you, followed by silence, followed by split testing.

I don’t like small talk.

I will sometimes regret finishing work if my whiteboard is clean before 9pm.

On these rare lonely nights, I’ll read (at least three books per week), watch television, fight the crickets, before eventually slipping back in to my office with an idea that sounds better than it did at lunch.

Data Routines

For somebody who prefers to work with words, it disappoints me that so much of my day is spent buried in numbers; analysing them, anticipating them, praying for them, going bloody insane from them.

Launching a successful affiliate campaign is less about creativity; more about patience with numbers.

I know this sounds like a bloodbath, but if you can’t calculate where the numbers are likely to work in your favour, you’ll be broke before lunch.

So if there’s one routine you’ll do well to adopt, it’s placing trust in your stats and data.

They never lie.

Whatever your tracking software, be it CPV Lab, Tracking202 or iMobiTrax, a most important routine is to use it, and use it well.

Recommended This Week

  • Check out Premium Posts Volume X. This volume is proudly sponsored by Adsimilis, one of the best networks for CPA affiliates. Adsimilis has hundreds of top offers (specialised in dating), with industry-leading payouts, and international coverage. Get onboard and start making some money!

5 Ways For Writers to Make More Money

They say when hiring, you get what you pay for.

Offer peanuts, you’ll get monkeys.

While this is true from a managerial perspective, it’s also valid for freelance writers.

If you write like a monkey, you better get used to peanuts.

Before I moved in to affiliate marketing, I was a prolific freelance writer who tore through 50,000 to 75,000 words per month.

I learnt several tricks of the trade, including the near universal habit of stretching 250 words in to 3 pages of dross. Like many, my output was shaped by webmasters who cared only for keyword density and having the longest How To guide on Google.

If you’ve ever taken on a writing project driven by volume, or a dissertation with a lofty word count, you know how to say less with more. It’s your blood.

Well, I have a brand new problem.

My work now requires that I hire writers.

Many of my writers simply haven’t been very good, for which I take full responsibility as the donut hiring them. You do get monkeys.

A bad writer doesn’t bother me. A lazy writer does.

Lazy writers who have the talent, but lack a high regard for their work, leave me wanting to gouge out my eyes with a rusty steak knife.

They could be making so much money, we could be making so much money.

Here’s how we both make more money:

1. Get to the point, always.

A lazy writer, when handed a topic, will find 3 or 4 interesting points and wrap them in lines of setup prose.

Don’t wrap what you want to say in fluff to meet a word count.

Take this passage I was handed:

If you’re still not sure when to get a divorce, then there are a couple signs that you may consider looking into so that you can ensure that your marriage isn’t something that you can save. One of the first signs that may help you as a husband to finally figure out whether to get a divorce or not is to simply look at your sex life. If you’re not having sex as much as you did in the past, or if the sex you’re having doesn’t feel the same, then maybe your relationship with your wife isn’t the way it was in the past.

That’s 105 words. What a little scamp.

I paid his fee, then set about editing it:

If your sex life is a distant memory, or a forgettable blur, your marriage may be tough to save.

19 words that cut to the chase.

I understand why capable writers rely on setup prose. It is a useful tool in academia where students are schooled to say much about nothing.

Unfortunately, it does not sell.

And it reads like a fist in the balls.

2. Find the right voice.

Read this piece I wrote for ProBlogger on finding your voice. Now ask the hiring manager, “Who am I writing as?

Here’s another passage from the same divorce article:

I personally think that the moment you’re being suffocated by your wife for absolutely no reason, that is when you should get out and leave her. However, you need to look at the things you will lose when you get a divorce and determine whether the advantages of getting a divorce outweighs the advantages of leaving your wife.

You personally think?

Of course you personally think! You wrote it.

Hiring managers can save a lot of time by addressing the voice of the copy.

  • Who is speaking?
  • What is his position?
  • Is he neutral?

A writer can make a lot of money by understanding the above.

There are times to be creative. But in choosing the voice of the copy, creativity is suicide. Mixing your voices is treason.

3. Up the pace.

Many of the web’s top blogs use high tempo content. They read fast.

Social Triggers by Derek Halpern is one of my favourite examples.

Look at his writing structure:

Social triggers

It’s not Shakespeare, but it’s effective for an audience with little time to spare.

Compare it to this piece I was handed:

boring writing

You don’t even need to see the content.

Those blocky paragraphs give the game away; somebody has been paid to write this. But you’d have to pay me to read it.

Chances are, if you are hired to write, you are also hired to sell.

Up the pace, trim the fat. You will retain readership and sell more.

4. Adverbs.

Until you know how to use them, don’t use them.

5. Never say more than you have to.

In Wartime Britain, Winston Churchill had little time to spare.

He despised wooly phrasing and would return reports that took up more than a single side of paper. His memorandums became as infamous as the rollocking that followed them:

Pray let me know by 4PM today on one sheet of paper…

Here’s a memo circulated by Churchill in 1940:

Churchill on brevity

The irony for writers is that projects routinely come with word counts, and essays with page requirements. Quantity is seen as a virtue.

You should not be disheartened by this.

The web is changing and a premium is emerging for writers who are capable of advancing a brand and engaging the audience. If you write an excellent 400 word piece and a blind fool turns it back for lack of padding, save the file and keep it handy.

You’ll sell it for twice as much to somebody who gets the price of quality.

A student taking a philosophy class once had a single question in his exam:

What is courage?

While the rest of the class splurged their souls in to essays, he wrote one word:

This.

He took top marks, and promptly became a hero for anybody who gave a shit about brevity.

If this style sounds familiar to you, please get in touch. I’d be interested in using your writing.

Recommended This Week

  • Check out Premium Posts Volume X. This volume is proudly sponsored by Adsimilis, one of the best networks for CPA affiliates. Adsimilis has hundreds of top offers (specialised in dating), with industry-leading payouts, and international coverage. Get onboard and start making some money!

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