Don’t Be Too Eager To Launch
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I found a niche the other day while browsing around which showed hardly any competition for the main keyword, I quickly began working on the landing page and keywords so that I could test it this week to see how it goes.
To me, when something has hardly any competition it could either mean that you have stumbled onto a great niche ready to be dominated or the fact there isn’t any volume in it. You will never know the answer until you try it, anyway – to cut a long story short I got everything ready and launched my campaign late last night (UK time).
Woke up to check the results and I had like 1 click with a pretty decent CTR, looking into the data I realised that my quality score went from 7/10+ to about 3/10-4/10. When I checked my ads it had turned out because I was rushing the launch (uploading to adwords etc) my ads read as this:
{HEADLINE}
Broad
0.80
{DISPLAY URL}Basically the headline was the keyword so you can see why I didn’t get many people clicking through to see what I had to offer
Moral of this post is to make sure you double check everything before you make it live, imagine if I accidentally set my max bids to $8 instead of $0.80 and it was a very competitive niche. I could have woke up and saw I had spent a small fortune – luckily it was something that could be easily changed and didn’t cost me loads.













August 4, 2009 at 12:07 pm
Richard,
Great website. I have seen how your membership has increase to x2 in a month or so. You are establishing this blog as an authority site quickly. Anyways …
What is minimal volume you will expect to see to determine if it is an offer worth exploiting?
Thank you,
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August 4, 2009 at 12:44 pm
Thanks Vanleurth, to be honest at the moment I am trying to get 5-10 niches up and running all making a profit. That way my income is much more stable as things have slowed down for me and because I had all my eggs in one basket which is great when it works – but when it doesn’t you can come off bad, especially if it’s your sole income.
I set a mini goal for myself to find 5-10 niches making $100/day profit. Then I can go back and expand trying to maximise profits whilst keeping things stable.
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August 10, 2009 at 8:19 pm
I took a large hit last March that forced me to diversify quickly because I had 3 very profitable campaigns running at that time. One by one the offers went away and competing offers didn’t convert nearly as well.
Those that don’t adapt, don’t survive… diversity is now my #1 goal. 5-10 niches at $100 profit per day is a very manageable goal. I’m going to swipe that one
Meet you there!
Corey
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August 13, 2009 at 10:59 am
It sucks when a big offer begins to dry out, even if you were making $5,000 a day and it goes down to $1,000 a day you still feel bad even though it’s still a high amount.
I’m going to begin setting goals of x niches a week so that I am working harder and safer if one market dies out, laws get introduced or anything else that can happen.
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August 13, 2009 at 9:50 pm
It’s funny you say that. I find myself micro managing my campaigns and if i’m not ahead of where I was yesterday at this time I can’t help but to feel bummed. I seriously gotta stop checking my stats so often…
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