Maybe you’re in a rush to get started and make money online.
Maybe you haven’t decided on a niche for your own product yet.
Or maybe you already have your own product, and you’re looking for a backend product to offer to your customers.
In that case, I’m offering you 75% commission on the OneWeekPaycheck System itself.
Here’s what that means for you:
You can get started selling products online even before you create your own product.
You can get your hands dirty, experiment with advertising online, and see how it all fits together.
And, of course, you can make some real first money doing it, because whenever someone buys the course through your link, you get paid $66.54.
(To calculate your commission, take the current price The One Week Paycheck System is selling for, deduct $1 + 7.5% for Clickbank’s fee, and then multiply the outcome by 75%.)
To get started, simply get yourself a Clickbank account, and then promote the following link:
http://YOURCLICKBANKNAME.leonard83.hop.clickbank.net/?id=1wp&tid=YOURTRACKINGCODE
You need to replace YOURCLICKBANKNAME with your Clickbank username (mandatory for the link to work), and replace YOURTRACKINGCODE with a tracking code (this is optional, and if you don’t want to use a tracking code, just cut off the “&tid=YOURTRACKINGCODE” part).
To get a Clickbank username, you need to sign up here. Your Clickbank username will be what you type into the “account nickname” field during your registration. The reason you need a Clickbank account is that Clickbank will take care of tracking which customer came through your link, and they will also be the ones who mail out the checks to both you and me.
Please note that the registration for a Clickbank account is free, and that you only have to pay an activation fee once you start selling your own products using that account. In that case, Clickbank will ask you to make a payment of $50 before they’ll approve your first product. You can, however, use your account without activation or prior to activation to promote other people’s products. In other words, to promote other people’s products and get paid commissions for that, you don’t need to pay anything to Clickbank. It’s free.
We already talked in detail about the use of tracking codes, and you also find more about it on your Worksheet #23 (last page, last bullet point there). Basically, I recommend you use a unique code for each ad that you post. For instance, my first Facebook ad will have the code FB001, the second FB002 and so on. And then, when I advertise on Google Adwords, I’ll use the code GA001 for the first ad there, GA002 for the second ad there, and so on. This way, when I check my sales statistics later, I can see where each sale originated. And that, in turn, allows me to answer questions such as, “Where am I making more sales per Dollar spent on advertising – Facebook, or Google?”. Please note that you usually cannot edit your ads (and their target URL) anymore once the ads have been approved – so it is best to make it a habit to use a unique tracking code for each ad that you post right from the start.
On Facebook, you pay less per click the higher your “Click Through Rate” (CTR).
Your CTR is the number of people who click your ad divided by the number of people who see it. A typical CTR on Facebook is 0.1% (yes, that’s one in a thousand!), and if you can create an ad that gets a CTR of 0.2%, you’re really doing great!
So how do you improve your CTR?
Two ways to do it: One is targeting, and the other one is appeal.
By targeting, I mean the question of selecting the right group of people to show your ad to. Think about it. If you show a dating product to people who are married, you’re likely to get a low CTR. On the other hand, if you show a product that teaches dog training to people who, somewhere in their profile, say that they have a dog or that they at least like dogs, then your CTR is going to be much higher.
And appeal is the actual format of your ad. How appealing is your ad to click? And usually, you need to fulfill three requirements here:
The best practice to achieve this is to…
One way I discovered that works really well to bring my CTR up is what I’m going to describe to you here in a second.
Before I used this technique, my click price was something between $1 and $2 per click. Which is ridiculously expensive!
After this technique, my average click price went down to something like $0.68.
Here’s how it works:
Here are my real-life stats (and since you bought my course, I’m going to share them with you… please keep them confidential):
This is for my ad “Like Tim Ferriss?” (see below).
Impressions: 1,192,836 (that’s how often this ad was shown to people)
Clicks: 1,337
CTR: 0.112%
Average Cost Per Click: $0.64
Total Spent: $856.22
Resulting Sales in Clickbank: 20 sales (2 refunds), $1,595.70 revenue (after refunds)
Now, I’m not saying that these results are typical or that you’re going to get the same results. I have no way of knowing that.
However, these are the numbers that I got with this particular ad, and as you can see I made a profit of $739.48.
Please note that, had I advertised this product not as the product owner (who gets paid 100%) but as an affiliate (who gets paid 75%), then my profit would have been $340.55 instead. (In that case, my share of the revenue would have been not $1,595.70 but $1,196.78.)
I have stopped advertising this product, because Facebook has given me a warning about my advertising account with them. I suspect that this has to do with the fact that I advertised a new dating product recently. When somebody would click my ad for this product, they would see me on video and I would flick through some photos of me together with one girl after another. Really bad taste, actually. I’m trying lots of stuff to make things work, and I can see how this may have triggered people’s “douchebag radars”. But anyway, I think some people got really mad about that ad and complained to Facebook, and that’s why I think they disabled all my running ads.
So I’m currently not posting any other ads, because I first want to talk to my Facebook advertising representative. I just don’t want to create a whole bunch of new ads, only to have them suddenly disabled again like this.
Some additional insights that I’ve made over the years with Facebook:
So with all of that being said:
You are free to use my ads on your own risk, and I give you the text and the pictures below.
Ad Image 1:
Ad Image 2:
Ad Image 3:
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