I clearly remember in the mid 90’s you could signup for an ad campaign, make $.03/click all day long, and things were never easier. Over time, the payout rates increased at the same pace as venture capital financing, until anyone without funding who had a workable business model could not really compete with the unrealistic/unsustainable rates paid by cash rich advertisers. This worked well for general publishers who were just trying to make a living putting 2 banners on every page of their site; until the venture financing dried up and all the advertisers with negative returns packed up and went home.
Anyone who was left in the industry after the dotcom implosion of 2000 was pretty much wondering around stunned. There was no trust left, every offer seemed suspicious, and it seemed like everything was coming to and end. It basically was. There was a mix of failing companies trying to hang on, and new companies with new ideas trying to turn profits using certain elements of the first internet economy that were successful. The pot of gold at the end of the rainbow would be CPA, or pay per lead revenue. If SiteABC can make $14.00/year average from each user on their site, paying SITEXYZ $2.75 per referred user works. If a large publisher with low quality traffic comes on board sending tons of clicks to advertisers it doesn’t scew any profit margins, they just don’t get paid if they don’t produce signup leads. All Hail CPA!
Search PPC (pay per click) still works to generate revenue for the search engine because they often have keyword bidding systems, and can target words to relevant topics across a huge spectrum. One stop shops for large brokers and networks to use to fulfill their advertising campaigns. Sure you can get a peice of this action by joining AdWords, but it’s not really a very indepedent (they take 30%) solution for you. I can only try to guess at what they actually count as a qualified click-thru at this point. Of course without 100,000s of advertisers bidding against each other the most you’d ever make per click auctioning off your own targetted spots independently would probably yield you 1 cent per click, so an ad network like Adwords is generally the last option people have.
I like the Flat Rate ad sales features in Adbrite. For a long time we have listed our banners at flat rate prices in a shopping cart but there was only 4 or 5 sales total during a year. With adbrite, you can set your flat rate price and it’s seen by 1000s of advertisers. As long as your tracking clicks yourself you can do some simple math if you need to see a price per click breakdown of your income.
Well either it’s a run of good luck, or people are finally starting to use Adbrite. I had set the adbrite flexible text zones on sitesled to auto-price themselves. When the ad zones are sold out, the price listed for an ad on that zone increases. If there are no buyers the price incrementally dececreases. Those whole idea works great as long as there are a lot of advertisers looking at your ad zones. If there aren’t, the price will eventually decrease to $.80/month for the spot.
On Sitesled, the header banner for example, contains 2 text link spots. 2 weeks ago both were sold for $16.00, and the price raised to $32.00. This week someone bought the $32.00 spot with a “Reoccurring” ad. This means they locked themselves into the spot for $32.00/mo until I reject their ad. Unfortunately, one of the $16.00/mo advertisers locked themselves into a reoccurring ad, so now auto pricing will not matter because there will not be any available space until one of these advertisers pulls their ads, or I reject the $16.00 auto-renewal in hopes that another $32.00 buyer will come in before the $16.00 campaign ends.
Exciting News! With the help of a good friend I have located my first co-reg partner. I’m going to integrate their adverts as optional items users can subscribe to after they sign up or register for various publisher properties I am managing.
The way this basically works is after the user submits their information for registration, they can select from 8 or 9 different offers or trials. If they select to proceed with an offer, the data that they used to register is automatically posted to the lead’s application form. Basically users just have to choose an offer, then click submit to verify their application data (name, email address, phone). Once this occurs the application transaction is complete and the lead is credited to my earnings.
Hopefully our first co-reg offers will go live early next week. Right now we have 7 or 8 various offers we can include so hopefully everything is set for now.
First off, what is Co-Reg?
Co-Registration refers to arrangements between companies to collect user information. Usually this would be a separate check-box on a Web signup form where the user can opt-in to receive messages from a third-party. For example, a magazine running a contest may include a checkbox for registrants to accept e-mail future announcements from them, and also from the prize sponsor of the contest. Co-registration usually adds the subscriber, provided they check the boxes to give permission, to two or more opt-in mailing lists.
Co-Registration services are an established, proven list building tool, It’s a fast, easy, and Free “secret weapon” used by all famous Internet marketers to rapidly grow their large opt-in (permission based) email lists.
Back in May an affiliate representative from an un-named ad agency approached me with some details about some upcoming co-registration campaigns they were considering for some of their advertising clients. I was pretty interested (to say the least) after a few conversations, and decided this was definitely the right angle for me to use with a couple of our under-performing publishing properties. To make a long story short, I never got the creatives for the co-regs.
I’ve been churning a lot of ideas for the past 6 months on co-regs and am finally putting some plans into action. The first leg of this journey will be to acquire scripts that will allow me to integrate and track the co-registration campaigns on various signup pages. I have set a goal to have a system in operation by the first of December. I will update everyone on which software I consider and utlimately decide on. Be sure to contact me if you have any suggestions.