Hi,
Newbie native here
So recently I started native with a small budget. Getting some conversions
but not profitable yet.
I am digging into data everyday to see what can be improved. I see a lot of people talking about "blocking bad sites" etc to get better results & improve ROI.
I am guessing this simply means that start blocking the sites that are not giving better conversions or may be CTR/CPC etc. Is that correct?
1) If yes, what exact things do you guys look at? Is it CPM or CTR or CPC?
2) How do you guys analyze "bad sites" with lower budgets? I apparently see one site giving the best conversions. So far I had 7 conversions out of which 5 are from one site only. I see a total list of 70-80 sites.
3) When is the right time to start blocking? Any benchmarks with spends or time?
Any other tips/tricks to improve ROI?
TIA.
Hey,
Since you're new to native I'd just stress that blocking bad sites isn't likely to move the meter much for ROI. The real big levers are good offers and ads, then landers. Easier too if you adjust global bids than micro-managing bids on a bunch of sites, often which are spending very little per day individually.
And if you're having to block a bunch of sites then the offer or ads more than likely aren't strong enough. It's easy to fall into a cut everything mindset when starting out, but you should have better results just testing more offers, geos, and ads honestly.
If sometimes not working on a larger more premium site then I'd drop the bids there so that your effective cost per click (eCPC) to your offer is close to your overall expected offer EPC from lander. Usually people recommend something like 2-3x CPA per site before blocking, but you can sometimes make a call using eCPC sooner.
Just be mindful that some sites will have lower cpcs than others and if you're going off your tracker's averaged stats you can be mislead at times. Tend to use traffic source's reporting with conversion tracking more often than my tracker for site performance.
Also try not to get too attached to making an offer work in the beginning. Ideally test 3-5 and focus on one which does best. I wouldn't recommend testing unproven stuff your affiliate manager sends your way until you have a good grasp of that vertical and/or know that advertiser is solid.
I am going to share a little secret with you, one I have found in the last month of running Native for the first time. Note that I am an extremely proficient FB marketer but this is my first time dabbling in native and I have learned alot of things.
So I think the secret to native is a triangle consisting of good CTR, low CPC and a good offer.
When I started with native, I asked my rep which offer was performing. I was very careful to select an offer which was performing excellently for other people ON NATIVE and ON THE AD NETWORKS I WAS ON. So I have 100000% proof that the offer works, if I can't get it to work, then it's just me.
So one piece of the puzzle is gone. Which leaves CPC and CTR.
CTR is 100% ad based. Again, I was able to more or less use the same *types* of ads my competitors were using. This particular ad network does not allow ripping, so I had to create my own ads but they were similar to my competitors. So #2 piece of the puzzle gone.
Which leaves us with CPC. Let's talk a bit about that.
#1 . Don't trust Adplexity for determining your site placements. I tracked my own campaigns on Adplexity and guess what....most of the placement data was WRONG. Just plain wrong. So don't trust it completely only use it as a guide.
So what's my big secret as to Native? My secret is that the guys who know how to run campaigns on native really are not sharing the vital information you need to succeed. Not James Van Elswick, not any of these guys. They don't talk much about what it takes to make a campaign profitable and I am convinced that CPC management is the main thing they are withholding.
When to kill widgets. When to keep them going. When to bid higher, when to bid lower. This is among the most protected info in Native because it is the very difference between profitability and losing money.
I am trying to develop my own rules for CPC management but as of yet I am still working the process.
To recap:
- Easy to get a good offer.
- Easy to do good ads that mirror what successful people are doing.
- hard to mange spend so you don't lose your ass.
Maybe others can chime in here.
Awesome advice here. I have a lot more clarity (or reminders) on certain aspects of native. Thanks for everyone who commented. (And thanks @psychicboy for the question)