I know this is a silly question , but I'm
a bit short in budget . A few hundred dollars
is what I have for now but I've seen that
at least $1000 is required.
I'm a studying test taking student who doesn't have enough time to get a part time
job for $6 per hour and gain 1K
Having read the threads, I did understand how this system works and got seriously
determined to do this pop traffic thing - however I'm feeling desperate for not having the pot of finance yet.
I was trying to find any way to start this out despite the low budget, and came across one thread in a follow along section mentioning
「 By continuously cutting more placements, you would probably be able to get a green ROI, but won't it be trivial if you earn $1 for
$0.5? It's not the ROI but the total profit what matters」
I know this kind of method would be not
that intriguing for people who have colossal
objectives, but would it be a good thing
to apply in my sort of case?
Or would there any other alternative options
to apply?
Hello,
I remember the thread you mentioned, $0.5 and $1 were mentioned as an example that by cutting all bad placements you can get into positive ROI but the remaining volume will be so low that it's not worth the effort. On top of that, you still need to invest $ to get the data first, then you can optimize. Moreover, the optimized campaigns are not gonna last forever, so it's pretty much pointless to do this. Imagine that you invest $300 to get data, then you cut 95% of the placements and end up with a campaign making you $5 profit per day with a 100% ROI. 2 weeks later, the campaign stops making money as the angle died or offer was paused ... you made less than the optimization has cost you. This is what the example was about.
If you don't have the budget, you can either start in 3rd world GEOs with low traffic prices and low paying offers ... or you simply have to earn the money somewhere else.
Hi, athryn13,
I wouldn’t say that it's necessary to have at least $1000 to start. A few hundred dollars will be enough. Even so, you can never forget that it’s not about simply putting money on A or B and just hoping it becomes profitable. The truth is that you need to make tests in order to become profitable later on.
Regarding optimization: it’s all about balance. Indeed, you should compare the payout (or the average payout) of your campaign with the Cost Per Acquisition of each parameter to see whether or not it’s profitable. Nevertheless, it doesn’t mean you should cut everything immediately even if it’s negative, as it may recover later.
Also remember that - if most of the parameters (OS, browsers, sites etc.) are negative - the problem must be somewhere else. You may have too high a bid, which means you’re paying too much. Your bid can also be too low. This means your traffic quality is also low, because you’ve got a whole lot of competitors above you. Moreover, the problem can be with your banners or even your offer. That’s why you should be thorough and as careful as possible while optimizing. The objective is always to find the true root of a campaign’s problem, as opposed to just randomly cutting everything that’s negative.
If you’re interested in pop traffic you should definitely try other adnetworks such as Adcash, Popads, Popcash, Exoclick and Propeller Ads. Those are the best networks for pop ad format.
Hope I were able to help you!
Cheers!
Honestly I'd probably recommend trying to build up your bankroll first. Working with a very low budget is extremely hard, and very stressful - you're relying on luck as much as anything else.
You could certainly start to learn with a few hundred dollars, but the odds are you wouldn't come out of that with a profitable campaign. However, if you're happy just starting to learn that's an approach you could take.
Otherwise, you're into "how to earn the money". First question on that front - what skills do you have that you could put to use, either working for other people or for yourself?
High-value, relatively easy to use for bankroll increase skills: sales, programming, graphic design, writing (particularly copywriting, less so technical writing, FAR less so fiction).
Do you have any of those?
You just gotta hustle
Cut costs
Earn side income
And you're fine with $300'ish a month. Not idea but don't think you need $1k a month to start
http://charlesngo.com/how-to-make-mo...osable-income/