The purpose of this article is to show you how to determine
just how much you are spending on each ad group or campaign
and how much you are earning back in commission and to
calculate whether or not you are turning a profit. You do this simply
by adding up your earnings for a particular period of time
a day, a week, a month then subtracting the cost of your
advertising campaign for the same period of time. The remainder
is your profit or loss.
AFFILIATE REPORTING
Within a day or two of starting your first campaigns, you might
begin to receive reporting data from affiliate networks although
until a campaign has run for the full referral period this data is
not yet fully relevant and should not be used to make any major
adjustments, unless it is clear that you are spending far more
than you are getting back in return. In that case, you should
pause the ad group or campaign in question and wait until the end of the referral period to see whether late commissions can
make up for the shortfall. The referral period, by the way, is the
number of days after the original user’s click for which the affiliate
program will still pay commissions on the user’s actions.
Until this period is complete, you cannot be 100 percent sure of
your actual earnings.
In order to see how much you have earned from an affiliate
program in a given period of time, you must run a report on that
program from within the affiliate network interface to which the
affiliate program belongs. In this example, I use the Commission
Junction interface to see how much my Monster.com campaign
earned in the month of October 2005.
Commission Junction Reporting
First, you must log on to the CJ Account Manager using the
e-mail address and password you used when you set up your
account. Next, click on the Run Reports link near the top of the
page. (Disclaimer: The dollar amounts shown are
examples of a publisher’s account and do not represent all Commission
Junction clients.)
On the Transaction Reports page, click on the Report Options
link to expand the Transaction Reports page to include customizable
report options.
Select Report Type.
On this section of the page, select Commission
Detail from the Select Report Type drop-down menu, then
select the affiliate program name from the drop-down menu just
below it. I have selected Monster.com, as it is a campaign that had
been profitable for me for a long time, even though eventually my
success with other campaigns meant that maintaining this campaign
was no longer worth the effort compared to the larger
returns I was garnering with other programs.
Select Time Frame.
Here you will choose Date Range and enter
the beginning and end dates of the period you wish to receive
your report on. You’ll see that I have selected the
month of October 2005. You may leave the next selection on its
default choice, Event Date, and click on the Generate Report button.
Report Totals.
For this simple exercise, you may simply note that
the total above the column labeled “Commission (USD)” is $842.50. Subtract from this amount the $1.00 total you
see displayed above the “Corrected (USD)” column, as this represents
the transactions reversed during the reporting period. The
final total earned for October 2005 was $841.50.
Believe it or not, this is all we really need from the affiliate
side for the simple evaluation of this campaign’s performance.
Now, if I’d had multiple ad groups for Monster at the time, I
might have needed to sort this report by SID (which is the unique
variable we can add to the end of Commission Junction tracking
codes to make unique tracking links for each ad group) and manually
add up the results for each SID.
Let’s move on to Search Reporting, then.
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