Data from your search campaigns should be available within a
matter of hours, but as I’ve said before, until your commission
data catches up, this information is not much use. Do make sure,
however, that you are spending at a reasonable rate and that you
can afford to keep this campaign running until you have some
commission data to work with. If you are spending more than
you are comfortable with, not yet knowing your return, pause
the campaign and wait until the end of the referral period for all
the commission data to come in; that way you can be certain
about whether or not this campaign is making more than it
spends.
In order to see how much you have spent on the search marketing
campaign promoting an affiliate program in a given
period of time, you must run a report on the search engine or
engines where you are advertising that program. In this example,
I will find out how much I spent on Google to promote
Monster.com in the month of October 2005.
Google AdWords Reporting
First, you must log on to the AdWords interface using the e-mail
address and password you used when you set up your Google account. Once you are logged on, you should click on the Campaign
in question to display the ad group, or groups, used to promote
the campaign. AdWords has a reporting
page, but frankly, I almost never use it. It simply isn’t necessary
most of the time to get the information I need. The AdWords
interface is designed to give me quick access to the data I need.
Simply select the dates for which you want to see the numbers
and click Go.
Report Totals. For this simple exercise, you may simply note that
the total amount spent for my Monster campaign in October was
only $359.99. This is all we need to know from Google to determine
whether our campaign is a success or not.
COMPARING THE RESULTS
After running two simple reports, we know that my total commissions
for my Monster campaign were $841.50 and that I spent only
$359.99 to generate those commissions. My profit for the month is
a cool $481.51, more than double my money. You can see how
building just a small number of campaigns that reach this modest
level of success can help you reach financial independence, and
this is only one of my most modest successes, believe me.
By the way, my per-click return (net profit) in this case
was almost 13 cents per click based on the 3,675 total clicks it
took to generate this profit of $481.51. So you see, everything you
need to evaluate the profitability of your campaigns can be found
in these simple reports. |