Last month I had a breakout month with Clickbank, with affiliate earnings exceeding $400.
This month, I’ll be lucky to break $100 with Clickbank with the same site and same niche and same product, largely because traffic is wa-ay down. The keywords which were driving much of my traffic from Google are no longer ranking my site well.
So, since natural search traffic is killing me, I’ve been experimenting with PPC traffic. (You’ll remember that I wrote an earlier post about signing up for Findology, one of the many 2nd-tier PPC networks out there. I signed up after finding a $50 coupon code with an initial deposit of at least $25.)
Well, so far, my opinion of Findology is this:
The Good:
- I have only good things to say about their staff. Carey, my account manager, has been polite and helpful from the get-go. But, since our initial email conversations, I’ve yet to use her services again.
- PPC costs are LOW. We’re talking $0.03/click.
The Bad:
- I’m having trouble converting the traffic.
In the last week, my ads have generated 630 click-thrus. Result: No conversions. And, actually, I don’t even think I got any AdSense clicks. I got nothing. In comparison, with natural search traffic for the same site and same product, my conversion rate was 0.7%.
Also, Google Analytics is showing a very high bounce rate. And my gut feeling just tells me that the traffic was not engaged.
Granted, I’m still new to PPC and so, my ads are weak, my landing pages are weak and/or canned, and my sales pitch is untrained. Maybe it’s just a lack of skill on my part.
So, I queried Google to find others that WERE having success converting Findology traffic. What I found was the exact opposite. Link 1. Link 2. Seems that others have come to the same conclusion as me. Findology traffic has low conversion rates.
So, What Now?
I’ve now eaten through my initial $25 deposit with them, and still have $50 remaining. It’s essentially free money.
Not sure how to use it though. I figure I’ll still run the campaigns, and continue to tweak them to see if I can generate a sale. I just need 1 or 2 to recoup my initial $25 deposit.
After that, I don’t think I’ll deposit anymore money with Findology.