Pursuit of Profit

As my affiliate campaign continues to run my losses are gaining! I was running profitable for two days making about 70 a day, which was a mixed blessing. As soon as I saw a profit I bumped up my daily budgets on adwords and my conversion ratios plummeted for some unknown reason.

Last week on Sunday I lost $450, 450 DOLLARS IN A SINGLE DAY! I know in my heart of hearts I will not be making my June goal of $20 profit.

I am a little over $2000 in the hole right now, and things haven’t even begun looking up. I know I won’t be able to get my affiliate campaign back on track and becoming that profitable in the next 5 days. But I am glad I have tried this, I’m learning more each day about affiliate marketing. The hardest part is not pulling the plug and cutting my losses, but I’m in too deep to turn back now.

Even though I won’t make this months goal, I hope by next month I will be a little bit closer to my 10k quest!

All I think about is my affiliate campaign. I check Clickbank constantly to see if I have made anymore sales, then cross reference that with my adwords account to make sure my budget is not getting away from me. The past week and a bit have seen a whirlwind of activity, here is a short list of a few things that have taken place since June 5th.

June 5th Site and landing page are completed traffic starts to flow in from adwords, no sales.

June 6th I got my first sale, now I know my conversion tracking and systems are working.

June 7-10 Sales are increasing, but I am still losing about $70 a day.

June 11-13 Adwords stop running because I have hit my limit on my credit card, time to move some money around.

June 14-15 Sales are still climbing, but my losses are staying the same. Which means this campaign is getting closer to becoming profitable.

June 16 My credit card has hit its limit once again, and my ads are down. I have just called to get an increase on my credit card limit. Also my first pay period in clickbank has come to an end, which means I will be getting my first check in the mail pretty soon!

Every penny I have is on the line on this campaign, I just hope it becomes profitable sooner than later!

May was a pretty uneventful month for me online, but made offline. I started a new job and settled in to a new place. I was lucky enough to make $15 through adsense which allowed me to complete my May goal of $10.

Here is a snap of the earning statement.

I have now realized that I am not cut out to be making big adsense checks and I am not wasting anymore time and effort trying.

I am soley focusing on Clickbank affiliate marketing at the moment. My site is now up fully loaded with keyword rich content, contact page, privacy policy, and a killer landing page.

I had to get out of my comfort zone for doing this. I am spending up to $300 a day on adwords in hopes that my campaigns will become profitable, but for the time being I am continually losing money each day.

Yesterday I had to go get a new credit card with a bigger limit so I can cover my costs while I wait for my first check from clickbank to come in the mail. Obviously I am stressed out and even contemplating pulling the plug, fortunately for me I have friends in the game and they give me positive reassurances that my campaigns are doing fine, and they will level out over time.

On the plus side with my new credit card I’ll be getting airmiles out the wazoo!