Affiliate Marketing Results: December 2008
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Along with some great success I had a number of problems in December when it came to my affiliate marketing campaigns. The first half of the month was fairly sloppy, I had too much going on that I couldn’t get much done and I had the mindset “I’ll gather stats and lose X then tweak it later on to begin making profit.” The problem is that later never came, I continued to lose money until I finally sat down and worked on my campaigns.
Luckily I managed to flip the month from a loss into a profit and towards the end of December, I was having some great results as you will already know if you have been following my posts. The overall statistics for last month were as follows:
Spend = $8,473.51
Revenue = $9,614Profit = $1,140.49
While I am happy with the amount of profit I made from December, I’m eager to improve this and hit some good numbers in 2009. I can actually say that I have been putting the work into my affiliate marketing campaigns and it’s definitely paying off.
One major problem that I had in December was my cash flow, I actually had my campaigns on pause for about 4-6 days until I got the payment from the networks in order to fuel them back up. I’m hoping that the issue will not be a problem after a couple of weeks – it’s just a case of reinvesting into my business to make even more money
.A quick peek into January 2009 and I can say that after the 3 days so far (1 day on pause) and I’m already reaching half of last month’s profit level – if I can keep on track then I should be around half way to my 6 figure a month goal I set for 2009!
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January 6th, 2009 at 2:40 pm
Wish I could make half of that. I suck lol, made 42 bucks in December and am at zero now
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January 6th, 2009 at 3:01 pm
Things can quickly turn around in this industry, don’t be suprised to be breaking records daily and it only takes one little insight and you can do some great numbers.
It’s just keeping them and improving them that makes it tricky
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January 9th, 2009 at 2:29 pm
Wow thats nice. My problem is that I can’t spend more than $10,000 on PPC per month because my mom would scold me. Affiliate checks come in my country after 2 months and it means I have to pay advertising costs with my own money for 2 months
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January 9th, 2009 at 2:54 pm
Yeah I can imagine that being a problem unless you have a nice healthy bank account
$10,000 a month would be plenty to create some decent campaigns, especially if you can manage to run at ~100% ROI
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January 22nd, 2009 at 1:35 pm
Congratulations Richard! I think I need to invest some money instead of invest my time doing all the things. I will have a try with a small campaign firstly
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