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First Ever Follow Along - $1000 budget for CC Submits (15)

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Helloooo,

I've been on STM for a while but never started a follow along and have always had trouble to make meaningful $$$. I have been able to find consistent camps making me $xx per day but just the man hour vs money made doesn't make sense since affiliate is a side hustle for me. Hoping to get some feedback to take it to the next level or just a confirmation that I'm on the right track and just need to work on this more.

Side note: I've only run SOI in the past and rarely gave CC submits a go so here goes...

Aim of follow along: Spend $1000 on CC submits in a small Tier 1 geo and evaluate results at end.
FA update frequency: Once every 2-3 days
Vertical: CC submit for iPhone/Samsung
Geo: Tier 1
Funnel: Ones you see in spy tools for sweeps. I've ran this for months for various SOI with consistent $X to XX profit per day so in some sense it is proven and has been doing 2-3% conversion


Day 1:
Lander variants: 2
Offers: 5 (from 3 different affiliate networks)
Payout: $13-30 depending on the offer
Traffic sources: 3 major push networks that I usually start with
Expected CR given by AM for the offer: ~2%
Plan: Test offers and cut if 180 offer visits and no conversion (based on binomial CI: http://statpages.info/confint.html)

Action:
- Set up everything
- Bid at average bid (normally I bid lower for SOI since payout will never let it work but since CC submits are higher I thought I'd give it a go)

Revenue: $6.49
Cost: $103.05
ROI: -94%

Note: Conversions are from me converting exit traffic and not the main offers.

Comments:
Noticed an issue with my tracker/the link on the affiliate network and didn't work for 3 out of 5 of my offers. Notice a typo in my tokens but also have a feeling it was the affiliate network link (as I think they got banned as "phishing" but when I checked back 2-3 hours later it worked again so hard for me to prove...) Anyways I am not too concerned about the results so far aim to let it run for a week at least if my budget can hold up.

Questions:
1. Is $1000 enough for CC submits given that I have a 'proven' funnel in SOI? (Or is my funnel conversion 2-3% subpar?)


Thanks,
SP

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Looks good!

$1k is not the biggest budget, but should be doable. I recommend to focus on lower competitive tier-2 geos, the payouts are not so crazy high, traffic prices are also much lower.

Good luck!

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Hello,
I was running sweeps SOI tier 1/2 countries in push traffic with a small success !
Good luck in Cc submit Sweeps i think it will need bigger budget to get Statistical Significance to test many offers and landers ! But anyways you can do it

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I tried a €3 cc offer last night as well :P ended up $115 in red with 0 conversions so I hope you will do better. I'll be following you because I'm interested in cc submits as well.

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In this case I would recommend to just be more aggressive with your cutting.

If your offer pays $30 and you will be waiting for 3x payout = $90 per placement, that would be a nice rule of thumb, but on the other side you would need "unlimited budgets" to test everything "properly".

Lower your bars, push traffic has quite good quality with much less bots around.

You can cut placements much earlier (1/4 - 1/3 of the payout and be still okay), you will save ton of money! ;-)

Are you sure it was a CC offer? Never seen one with such low payout, it doesn't make even sense. You would need insane CR to make it work with this kind of payout. CCs need much more effort for people to convert as they need to pull out they cards, instead of SOIs where they fill just email and some other simple information for "free".

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My bad, it was 30€. I forgot to add 0

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How important do you think placement cutting is? Currently I've been trying not to BL much at all since I've seen placements bounce back and having to manage BL (I don't bother with WL much for push) these days is hugely taxing on time (unless the source already has this in place) especially if you got to re-test placements every now and then.

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So my second update, what I've done since:

1. 1. I actually changed Geos and offers (as I wasn't getting enough traffic from my traffic sources), I know its a bit cheating but I was too lazy to set up multiple campaigns just to test this
2. 2. I've narrowed down to 1 set of lander based upon CTR (some confirmation bias since I know that one also usually converts better) and added in a minor change to test if it helps
3. 3. I suspect some of the offers were the same advertiser (since the offer page was identical so I've cut those out)

Current updated setup:
Funnel/LP: 2
Traffic Sources used: 2
Offers being test: 3

So with 2 days of data (I'm posting the data since the start):

Revenue: $52.79
Cost: $231.03
P/L: -$173.75
ROI: -75%
Main offer conversions: 2

My thoughts so far:
- I need to put a higher total budget as I had a few situations where my budget ran out without me realising
- 2 out of the 3 offers saw a conversion, so expect to cut the non converting offer in the next day or so
- Results so far aren't very promising but we continue along, expect that if I run it for a week there could be a sign.


Question for STM:
As I've reached around 10 times offer spend and the ROI is looking like this:

1. 1.Would you normally continue testing?
2. 2. Would you suggest to keep the bids at current levels for testing or start to drop them to strive for a positive ROI?

For comparison my own answers to the above are:
1. Depends, but if my funnel is proven then usually within 10-20 offer spend I expect ROI to be negative -50% or better since I don't think optimizing via targeting and bid management can improve it enough to save it.
2. I usually try to gradually drop it to see if I can get traffic and maintain the ROI. Again depends on how fast I'm burning through my budget.

Want to see what others are doing and if my thinking is way off.

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I think it's important. On some sources I have hundreds of zones on my blacklist, somewhere less.

If it doesn't convert, there is no reason to let it sucking your money.

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Thanks @erikgyepes for this tip about cutting placement ! sounds nice for limited budgets
Btw i ve started a cc submit push traffic campaign tier 1 and it green from the first day


Revenue: $86.00
Cost: $76.63
P/L: $9.38
ROI: 12%
Conversions: 4

I ll keep testing and cutting offers and landers then i go to cut placement 1

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Okay so update time.

Actions I've taken:

1. Cut offers down to one. This wasn't 100% statistical significant but because I was running these offers on other geos (it was multi-geo) I had enough data to just cut it, though I did make the assumption that different geos are the same (but the statistician in me can live with that).

Current updated setup:
Funnel/LP: 1
Traffic Sources used: 2
Offers being test: 1

So with around 4 days of data (I'm posting the data since the start):

Revenue: $277.30
Cost: $612.86
P/L: -$335.56
ROI: -54.75%
Main offers conversions: 12 (including the offers I cut but all cc submits)

My thoughts so far:

• ROI has improved significantly (was -75% before) and now that I've narrowed it to 1 funnel + 1 offer we should be close to getting to breakeven/profitable
• Budget keeps getting used up, I should set a higher budget and let it run. Might be a bit of fear of spending stopping me from doing so. Irrational behaviour I know, but I feel like every smaller affiliate has this issue.

Question for STM:

1. Should I cut my traffic sources? Because currently I have one doing +50% ROI but the other doing -50% ROI. However the negative ROI once has 90% fo the traffic so I'm working on BL the placements to hopefully make it profitable. Is this the right approach?
2. Given the point above should I start testing other traffic sources? Seems like there is some promise already.
3. Do people cut locations like region, city etc.? Cause I see some positive ROI places but feel like its not statistical significant so I won't bother (not to mention I don't want to limit traffic sources).

Past the half way mark now... My budget was for $1000 ad spend not $1000 loss in case it wasn't clear :P. Hope to be close to green by the end of this follow along, wish me luck

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I feel you man. I'll post my stats soon too and they are quite bad lol. I wish you good luck, hope we both get to green.

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So this will be my final update for now on this short FA as I've decided to pause this campaign for now and focus on other camps that are working for me but nonetheless it was a good learning experience and here are my thoughts/update:

Final setup:
Funnel/LP: 1
Traffic Sources used: 2
Offers being test: 1

So with around 1 weeks worth of data:

Revenue: $369.12
Cost: $871.16
P/L: -$502.04
ROI: -57.63%
CC offers conversions: 16

What I learnt:

• I needed a much larger budget for this since I ended up running a Tier 1 geo with good amount of traffic (AU) so optimising was difficult.
• Running SOI and CC submits are fairly similar, just need to be comfortable with significantly lower conversion rates and higher volatility in returns (since you 1 conversion pays out so much more). Generally CC submits > SOI from my own tests but the downside is the volatility in returns.
• Based on the previous point, patience was something I struggled with because if you have 3 conversions in a day, that could suddenly turn a non-profitable offer to your best offer so might not want to cut before statistical significance.
• A lot of networks are offering the same offers from the advertizer so try to diversify across advertizers (just use a VPN and check your offer page if it looks 100% the same then probably the same advertizer).
• If I did this again I'd probably start with a smaller geo or a tier 2 geo, just easier to manage for me as I constantly underestimated the spend per day (so my camp got paused mid day).

Not sure if anyone found this helpful, but now that I have the basic premise of cc submits I'll probably continue working on it and hopefully post again when I found more success. Thanks those that commented and feel free to post any questions, will answer if I can.

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Ouch! That's unfortunate. That's why i switched to other geos. T1 is too expensive for learning. But good luck with your other campaigns!

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Hi dear， can you help suggest me one good CC submit adv? we would like to try that too, but don't know where could I find the good offers.
If it is a secret then just ignore me, not really know about this industry's rules clearly now

Thanks!

BR
Tina

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