💵 Should I be concerned about cashflows in the beginning? (11)
💵 Should I be concerned about cashflows in the beginning?
Should I be concerned about cashflows in the beginning?
I have about 300$ locked up across a 2 affiliate networks(click dealer, haka) because I do not meet the minimum payout threshold.
I always read about treating this as your business. And if it's a business I need to reinvest the little cashflows I am getting back from my traffic.
I have about 700 left for traffic (pop & push) and I'll probably inject more cash in about two months.
So my question is, should I run traffic through the networks with the lower threshold, HAKA, since I'm closer to payout or Clickdealer?
Here are my thouoghts on the Pro's and Con's of each
| ClickDealer | Pros | Cons |
| Relationship | Great AM who is very responsive. He sends me ripped landers and I can see this being a great long term relationship. He's answered some pretty stupid questions too. Invest in it by sending him revenues. I've been working with him for a few moths. | NA |
| Offers | Enormous amount of offers to choose from in every vertical. Lots of low payout options for sweeps | Not a huge selection for low payout app installs which is a vertical I'm considering |
| Payment Threshold | NA | High payment threshold of 500 - unable to to quickly re invest revenues |
| Haka | Pros | Cons |
| relationship | Good AM. but relationship not as strong yet. | NA |
| Offers | low payout and simple flow click to sms offers available globally | Only 40 offers. A limited number of them in sweeps. |
| Payment Threshold | Relatively low threshold of 200 | |
I'll be completely frank to the point it may appear cruel or negative.
Assuming you started with a budget of 1000 (700 remaining plus 300 tied up at affiliate networks), you do not have enough capital to work with a network that has a 500 payout threshold. If you have additional capital coming in to increase that budget, then that is different. But if you only have 1000 to work with for now, you run the risk of running out of budget just as you find something profitable and having your funds tied up because you haven't hit the 500 payout threshold.
While finding networks with a lower threshold is definitely an option, and you can even ask to see if you can get threshold reduced if you are consistently generating revenue, increasing your budget is a better goal. That will give you more to work with as you find a profitable campaign and still leave you with capital to grow it once you finally find it.
Again, I do not wish to be mean, harsh or cruel here. In other spaces I have seen new people fail all too often. Work ethic, willingness to learn, and bankroll were the biggest factors in success and failure from what I saw. I'm sure you have the first two nailed, work on the third to increase your likelihood of success.
@iwanttofly
I don't take what your saying as cruel or negative at all. I'm adding about 200-300 dollars a month to my traffic budget. I just got started with 1k because I could not bear waiting any longer.
I truly detest working for other people and want to be self employed. And I take the term "wage slave" very seriously. Not starting on my journey to break out was driving me insane. So I figured it was better to start with 1k and top up the account on a semi regular basis.
Quite the dilemma. If I remember, Haka minimum is $200 or $300 a month?
But still only pays out NET30 unless you are driving HUGE volume, like $2k a week or something.
And you need to send an invoice every time they should pay you. Kind of a pain.
Haka is also gonna subtract $15-30 in fees when they pay you back, depending on how they pay you (wire, paypal, etc).
Clickdealer usually charges like $1 or less for a wire with Tipalti. So also something to keep in mind.
Clickdealer can bump you up to bi/weekly once you are making $500 rev a week.
I know these numbers already sound crazy right now. You'll get there eventually.
Perhaps the best bet would be Haka + Push sub collection?
Haka is easier to convert and you can concentrate on volume in Tier3-4 geos with CPA camps at break even and still earn 10-20% your spend back with push sub subscriptions on Monetizer or Propush (Both pay out weekly at $100). So that may be a quick way to get a consistent cashflow going.
And it is possible to earn a good chunk of money on Haka if you concentrate on it. I've done $3k a month on Haka a few times, which is peanuts, and I know others who have made even more.
Clickdealer is a great bet long term, it's still one of my favorite networks today. But as said above, that $500 limit is going to be harder to reach in the beginning, so you might want to have a bigger buffer before trying out all of their offers, which are more difficult to convert than 1-click Haka offers.
$300 is tiny money
we test with $5000-10000 these days due to insane competition.
when i started with paid ads in 2012, i remember i put my last $1000 to the test and it worked out ... but before that i spent and lost around $3000.. so overall took 4000$ before i saw profits.
if you don't have more $$ then save up, do a side gig (become a freelancer)
Originally Posted by iAmAttila
I do have money to save up. I'm adding 2-300 a month to my traffic account. I only started with 1K
Why wait a year to start with 5k when I can start learning the ropes now and add cash in as I go along. Time is not on my side.
Originally Posted by jaybot
This is a great idea. A real scrappy strategy. Thanks for sharing your idea. Don't worry I'm watching your FA related to this
Was the 3k on Pop, push or both?
Originally Posted by lilgator
Cashflow is a problem when starting out for sure. It will quickly solve itself on it's own, once you start making some profits...
But anyways:
You will need accounts with more than one network for sure, there are no guarantees that the first network you choose will actually be the one where you start making profits. Been there myself.
So it's absolutely not a bad thing that you are working with two networks now. On top of that, HAKA has some unique offers that clickdealer doesnt, I believe, so it's good to have two networks to have a wider coverage.
Personally, I would focus on testing as many offers as I can to find some good ones, no matter what network these are from. Then once you have something to work with, push it more.
It's true that you will end up with some funds locked in one of the networks at least, but that's the trouble of working with a low budget.
If you really have to make a decision, I'd focus on HAKA for now, those click2sms or click2call offers in low tier GEOs are a great choice for someone starting out.
Originally Posted by matuloo
"Once you understand the way broadly, you can see it in all things." Miyamoto Musashi
And the way here, like in sales, is to focus on RGA's (revenue generating activities) and prioritize them above all else. In sales it's 1. setting appointments and 2. conducting appointments. And in affiliate marketing it's 1. Testing offers 2. testing creatives. At lest as far as I can tell. Everything else is noise.
By the way I saw your beautiful tank and used to be super curious about aqua scaping and would watch these channels allot. You might like these
https://www.youtube.com/c/TheGreenMachineLtd
https://www.youtube.com/c/gf225
Originally Posted by jaybot
Beautiful, thank you
https://www.youtube.com/c/TheGreenMachineLtd
https://www.youtube.com/c/gf225
I've seen a video where Takashi Amano was setting up the large tank with his team... I was blown away to say the least. That guy is a genius.
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