Hey guys! I've been reading some posts, determining what I'd like to start out with. I'm leaning towards either the arbitrage method, POF, Mobile, or BingAds. My question is this: due to my limited budget ($300, $500 absolute maximum), I'm not sure where the best place to start is. For instance, I've read in some places that mobile is best to start with, in others that you need $x,xxx at least to enter that game. Is there any rule of thumb or general indicator or way to know how much budget I'll need to effectively start with any given traffic source, or do I just need to jump in and see if I run out or not? I'm open to any suggestions or experience that you'd like to throw my way.
Thanks!
In your situation, and with $300, you should definitely go with mobile or PoF.
Arbitrage method = not as much direct input from you = optimisation is less transparent.
BingAds = a bit more expensive to use and not as catered to typical easy-to-run affiliate offers.
PoF = easy to learn the ropes.
Mobile = many variables that make it easy to spend too much $$ while trying to optimise, but a growing source and we have a good beginner guide. If going mobile, stick to low payout offers in countries where the traffic is very cheap.
I wouldn't suggest jumping in head first just this second - rather you should read around a bit more and make a definite decision, then set yourself up for success - learn how to make landers if needed and banners, get familiar with Photoshop/Muse, get tracking under your belt, etc.
There is plenty to get comfortable with before launching that first campaign :-)
@ Zeno - what are your thoughts on running Facebook, I know you can get banned and they're not affiliate friendly but do you think right now the traffic quality and platform ease of use and targeting outweighs those cons for learning as a newbie?
Facebook is an awesome traffic source and one you should test.
Just don't be another silly newbie and try to run non-compliant stuff that will get you banned before you even know how the platform works.
And it would pay to wait until the 1st of Jan when CPMs descend.