After a long March of learning the basics and loosing some money I will finally get a pay check of over $2000 for my efforts in the first half of April.
Analysis
My top network was CX Digital as I made over 90% of my income with them and my main advertising source was Facebook where I spent 80% of my marketing budget. The following screenshot shows how my revenues came in:
As you can see on april 12th I ran into trouble as my top offer totally died. This just goes to show why it is important to diversify. This forced me to rework the offer and to get into some more niches. Going into a new niche hurt my profit margin as I lost some money testing but I ended up finding a niche with decent ROI.
Non diversified vs diversified Revenues:
When it was all said and done I had $609 in profits from April 7th-15th. And I can’t wait to get my first pay check! The major problem I ran into was cash flows. Never in my life have I spent so much money so quickly. This week I will be going to the bank to open a new account just for affiliate marketing as well as get a new visa card. Anyway here is a graph to sum up of my advertising efforts in the first half of April.
8 Comments until now.
[...] making over $2000 between april 7th and 15th I have had a down day. To get back into the right mind frame I needed a [...]
Neil,
Looks good! Looks like your on the right track. Keep up the great work
James
@James - Thanks buddy!
Just found your blog. Congrats on the April numbers.
came through from uberaffiliate.. keep up the good work
nice blog you got going here Neil. Congradulations, on your first affiliate pay check. keep it up!
@Richard, Rhen, an Benny - Thanks Guys
[...] came up with a simple yet useful solution to this problem due to my unexpected success which caused cash flow problems during the second half of April. Instead of being able to spend [...]
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