Renewed Arbi Faith
23 impressions
14 clicks
$8.46 revenue
$1.55 expense
—————
$6.91 profit
You do the math… I spend $.07 cents a click and make $.60 cents a click.
This was today’s earning on ONE arbitrage page that sent 7search traffic to an adsensed arbitrage page. The one problem? The site has been up for a week and today is the first day it made a profit. In fact, every other day it earned about $.15 cents a click and that means you need at least a 50% CTR to break even.
So what changed between yesterday and today? Well, for one, I think that more relevant ads… and more ads in general… were being selected for the page. This increased CTR and EPC at the same time. When I woke up and saw the page had already made about $5 from 6 clicks I was extremely happy. It made me realize, YES, arbitrage can work. It’s about selecting a ton of niches and keeping the ones that work til you have a nice little portfolio of money makers. I guess it just took me a wee bit longer to find a decent niche.
Fortunately, I’ve teamed up with a friend from HS and we’ve starting a 50/50 partnership. His responsibilities are coding/scripting while mine are marketing/research/tracking. It’s nice because we both kind of fill gaps in the other persons repertoire. He’s nearly done an automation script and we’ll be getting together on Saturday to fine tune it and get it live. Hopefully, after working with it for awhile, we’ll update it and possibly incorporate 7search/Adsense tracking… if it’s possible. He’s pretty good with the PHP/MySQL so we’ll see. Anyway you look at it I’m comfortable giving him 50% because I think we both bring some great things to the table. Do you think this is a fair set up financially and project responsibility wise?
In other news, I’m still struggling with my designer on the sites I paid to have designed. I’m absolutely dreading doing a End Of Year evaluation because I remember making some HEFTY goals for myself to fulfill by January 2007 and I think I’m a LONG ways off. It’s actually pretty upsetting. I’ve got to work a lot harder and, perhaps more importantly, a lot smarter.
One of my New Year’s Resolutions will be to update this blog a lot more often, for two reasons: you and me! I hope you all like reading Eureka Diary and hopefully get some good ideas, insight, motivations or perhaps just a nice break from logging on. For me, it helps to remind me to focus in on what I need to do to accomplish my goals. I’m expecting big things in 2007 but I’ve got a lot of catching up to do so I better run.
Here goes nothing…
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Congrats on the arbi cash. I’m working on similar ventures but it is definitely hit and miss. Keep us posted as to your earning. Always inspiring to see people hit gold.
-Ryan