After running for about 14 days, I’ve come to a couple of conclusions about the PPV test campaign I ran, especially some conclusions which may be a revelation to you if you’re new to this form of traffic.
[Note: this is the last in a series of case study posts, to catch up, go to the beginning: PPV-to-CPA case study kicks off]
End of campaign stats:
Assigned daily budget: $10/day
Total views: 627
Total spend: $7.47
Average daily spend: $0.30
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Total number of conversions: 0
Net profit/loss: -$7.47
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The offer as previously mentioned was a dating offer, specifically one of the niched forms of dating. It didn’t convert. Here’s why:
- I loaded 6,000+ URL targets from scraping search engine results, bidding between $0.01 to $0.04 per impression. I was pretty surprised I was getting traffic from some URLs with a competing $0.12 top bid.
- The higher traffic URLs were from the root domains of broader/more generic sites. The niche-specific domains get less traffic (about 10% of the total impressions). So a more general dating offer might have worked, especially since I was getting traffic from the other dating membership sites, a couple of About.com pages, ustream.tv, the Billboard.com charts, and a couple of general chat/discussion sites. Looking at the pages more closely, it clear that although these pages might have a chance at conversion, most of them were clearly way off-topic and would be better off pruned.
- If you looked at some of the URLs I was bidding on, you would probably be ROFLing. I didn’t go through the list, although I have a clear idea of the URLs I want to prune before starting the campaign.
- Direct linking was probably a bad idea, especially given the interruptive version of PPV/contextual traffic. Spending a couple of hours or bucks farming out engaging/eye-catching graphics as Finch has mentioned in his shock marketing tactics post would’ve increased user engagement. Even something like a pre-qualification poll, asking a question with a yes/no response (maybe with some geo-location/localization script) would have upped the user engagement, vs the likely scenario of a “Skip this ad” button click
- On the subject of creatives, Lorenzo Green (a really sharp young dude from NZ) has been churning out some great posts since he was finally pushed off the edge and started his blog (outing a lot of media buy and ppv tactics in the process). Check out his “Pimping your PPV” page post. He’s also in the process of starting a case study documenting how he’s promoting the worst performing offer he can find on the CPA networks. It’s going to make for some engaging reading. Make sure you get your vote in for which offer he should promote.
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What’s next for the case study?
- I’m planning to install the various PPV ad serving applications on my test PC – vomba screensavers, gamevance, loudo, and the like, and look at some of the creatives that’re being served up. Unlike PPC, you can’t easily preview ads unless you have it installed in your machine.
- Think up new angles to promote offers, especially given the interruptive/disruptive nature of PPV. Like Finch says, you don’t exactly have the same user behavior when you pop a 750×550 page, as when they’re typing “flip video coupon code” into google.
- Keeping at it: Labelling PPV as ineffective if you’re used to PPC or SEO traffic is just silly. You need to work at the system. Looking at my Direct CPV referrer stats, some of you guys are spending $100/day in the network. It obviously has to be working. So if it’s already working for someone else, then why not you?
Here’s my thoughts on Continue reading
