SERPTurbo
Regular Member
- Jan 3, 2017
- 249
- 74
I am facing the same situation as you, did you find any solution to it?
See my latest reply addressed to @karmandy93 ....unless you can match his stats, it's not going to work for you no matter what you do.
1. You need 15% campaign CTR to be able to lower your bids down to $0.60-70. I mentioned many times before, anything with potential commercial value is usually $1/click, which you have to pay initially, but then you should be able to lower the bids, if you achieve a good CTR.....Well, that's the theory anyway, but I'm yet to implement that in practice. This needs to be done, so you can keep your advertising costs low and allow room for profit.
2. You need 70% landing page CTR, because otherwise if you are losing too many visitors on your landing page, then even if you convert well, then the numbers still won't stuck up. The best I've had was around in the 40-50% region, but it seems like I'm not doing well enough.
3. And you need to convert really well, typically 1:20, so again that's not easy to achieve. This is very important, because even if you have a perfect campaign + landing page CTR, but you don't convert well, you will end up making a loss in the end. It's a combination of choosing the right keywords, a good pre-sell and a good offer.
Clearly that's a lot of things that you need to get right for this work, so you can see that there are a lot of areas where things can go wrong.
karmandy93 is a real example that this can be done, but in the last 2 months I've spent $2.5k on Bing with $0 profit, so I'm not really in the mood of experimenting and keep trying different campaigns/products. I've paused all my campaigns and decided to park this method for now, because it just doesn't work for me.
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