|Campaigns Launched So Far||87/100|
Cost/Revenue So Far
That's probably a lot of red for most of you guys but it's normal for me.
Just another month in the IM world.
Teespring with FaceBook
I have a love hate relationship with Teespring.
I love it because I've done it for so long, I know it has the potential to make me a lot of money and setting up a campaign is a breeze.
I hate it because in the long term there's so much effort that needs to be done to see decent profits and I'm trying to find something else that's more interesting and has a better effort-return ratio. I've done it for so long it's a little boring.
Tuesday was one of those love-hate days.
I set up a Teespring campaign, spent my first 50 cents, (yes 50 cents), and got a sale. I thought sweet! Surely this is a winner. Great engagement, cheap clicks and a sale in a niche I know sells over 10,000 units.
Then, next $40 not a single sale. Is this a winner or a loser? It's sadly, a loser.
So I cut my losses and went back to the drawing board.
The most annoying is that I've made 5 sales with Teespring within this challenge but since they're all in different campaigns and so didn't meet the minimum production threshold I didn't get paid. That's about $50 I could have put towards my revenue.
Oh well. Moving forward.
Pay Per Call on Google PPC
My Pay Per Call Offer is still breaking even. It's actually more at an overall loss than breaking even but at least I'm getting most of my money back and learning at the same time.
The main factor here is that, as time goes by, Google is picking my ads as getting better CTR's than the ads it displays against and subsequently, reducing my cost per click. I'm getting clicks as low as $0.80 compared to the lowest being $3.00 when I first started!
I can leave this campaign as it is or pause it for now since I'm focusing more on mobile. I might do the latter.
I've been doing so much research in this topic it's all I can think about right now.
Mobile has been hot for the last couple of years. I've seen success stories of people making millions within a few months. Crazy stuff.
It's still kind of hot and every now and then I'll see someone making 3-5 figures/day.
I started looking into different traffic sources and different offers. I started reading on private forums what people seem to have success with and I've learned Sweepstakes and pin submit offers are doing quite well.
These are offers where people opt in to be in a prize draw and you get a payout if that action occurs.
They've been around for a long time but these offers are making a come back because many are now available to be promoted internationally.
I've made at least 50k+ selling things internationally so I definitely know and understand the potential here. The best thing is that it's much cheaper to run international because of such little competition.
I signed up to a couple of mobile traffic sources that display pop and banner ads. These are the ads you see at the bottom of your phone or just when you open an app.
I'm going to run at least 3k this way to see what happens. I'd love to hit a break even campaign so I can learn the ropes of optimisation and scaling which is what you need to know before you hit a profitable campaign.
Either way, it's an exciting space.
I've' paused everything else.
Now it's just mobile marketing. Let's see where this takes us.
Next month, I'll be doing a $2,000 or $3,000 spend mobile marketing challenge similar to this.
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