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Okay, so after you have the advertisement
up and running, it is not all. You still have
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to tweak the advertisement, the keywords every
day, and every week as well. So I have some
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tips to help you on how you can monitor and
improve the performance of your advertisement,
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daily and weekly. Let's take a look. Every
day, you need to log into your Bing Ads and
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eliminate keywords that's not that targeted.
So that's the first thing you need to do.
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You also need to check if you have exceeded
your daily budget. If exceed, you can choose
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to eliminate the keywords that are not targeted
or increase your daily budget. And then you
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check your ClickBank conversion. So let me
just give you on example to show you how I
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tweak my keywords in Bing Ads. Okay, so this
is just one example. I click on the Keywords
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tab, and you can see that the keywords here,
there are a few keywords that have been receiving
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clicks over here. For the first one, 'cover
letter for job application', this is a very
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relevant keyword so I will keep it. For the
second keyword, 'cover letter how to'... For
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this offer, I'm promoting an eBook to teach
people how to write a cover letter for their
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job. So for 'cover letter how to', it may
not be a good keyword, so I'm going to select
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this checkbox first. 'Cover letters for CV',
okay. 'What is resume cover letter', this
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one I'm also going to delete it. So you can
see that all these have 1 click yesterday,
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so I'm just going to look at the clicks yesterday
and to see whether or not I want to remove
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these keywords. 'Need cover letter', okay
this person may be looking to outsource or
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purchase as a service, so I'm going to delete
this one as well. CV cover letter.. cover
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letter.. resume cover, okay this one I'm going
to remove.. So after you check those that
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you are going to remove, just click on Edit,
then select Delete. So that's what you should
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do every day. You check the performance of
this offer yesterday and remove those not
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highly targeted keywords, and leaving just
the highly targeted keywords to drive traffic
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to the offer. After 1 week, 2 weeks, a month,
this campaign will be highly targeted and
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make you a lot of money. The second thing
I need you to check is, let us go back to
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the Ad Group, and check your investment. For
me, my budget is about $4, so it has slightly
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exceeded my budget. In this case, I can choose
to increase my budget here. So I just click
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here and I can enter $5 or $6, or I can just
leave it there. So it is your choice, I leave
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it to you to tweak it on a daily basis, ok?
The next thing is that you need to check your
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ClickBank analytics as well. A lot of people,
they are not making money in the first place
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is because they don't bother to check their
ClickBank statistics. And ClickBank has a
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very powerful analytics chart for you to take
a look and analyze what's going wrong. Let
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me show you this example. For me, I'm promoting
a few products. So this is one product that
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I promote. Hop Count.. by the way, you can
access this report under your ClickBank account.
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Go to Reporting >> Anaytics. So once you go
there, you can see a whole list of products
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that you are driving traffic to. So for this
product, I have 1,061 people viewing this
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offer. And out of 1,061 people, 225 clicked
on Buy Now and go to the order form. And out
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of the 225 people who viewed the order form,
I have 2 persons that buy the product, so
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result in $49.84 sales. And this is 2 sales,
so the conversion rate is 1%. Because 225
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people clicked on the Buy Now button, 2 person
buy, so 1%. And for the second product, 729
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people have visited the sales page, and 55
people had clicked on the Buy Now button,
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and only 1 has made payment. So this conversion
rate, 2%. Okay for the third product, it has
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a high conversion rate. Only 14 people view,
7 people click Add To Cart, 3 people buy.
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So 3 people clicked on the Buy Now button,
and resulting in 1 sale. I believe that this
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is the same person clicking the button 3 times,
so that's how it result in 1 sale, so $31.
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So that's what I want you to check the chart
here. And you need to see if, in the rare
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case of after you accumulated 1,000 views
and there's still no sales, I would encourage
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you to delete that offer and to focus on another
product. And most of the time, you don't need
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to wait for 1,000 clicks. In my experience,
if you see that there is still no sales coming
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in after you have 300 or 400 clicks, then
you may want to give up on the offer and focus
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on something else. So in normal circumstances,
if you follow my technique you should be expecting
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sales in 100 to 200 clicks without any tweaking.
Now I'm going to share with you, just now
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what I have covered is the daily activities
that you should do to improve your campaign.
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Now comes to weekly tweaks. Weekly tweaks
means that you want to improve your advertisement
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and get more click-through, so this is why
in the previous video I tell you that you
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need to create 2 advertisements. So when you
show 2 advertisements, there's a very good
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chance that you can improve the advertisement.
So I'm going to show you what I mean. This
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is where I am in the Bing Ads account. I'm
going to set this time to the last 7 days
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to show the weekly statistics. So now you
can see that there are 2 advertisements here
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and let me teach you how you can read the
numbers. The first advertisement says that
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I have spent $20, 138 clicks, and the click-through
rate (CTR) is 0.56%. For the second advertisement,
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you can see that there's only a click-through
rate of 0.19%. So here, it's obvious that
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I need to improve this second advertisement.
So what I do is that I can click on this advertisement
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and I want to change the Ad title here to
something else, so that I can check the performance
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the next week. This is what you should do
every week so that you can make sure that
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the advertisement performance is keep improving.
And now the last thing that you should do
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every week is to tabulate the sales and expenses
for each product. If you are promoting 3 products,
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then it's A, B, C. For product A, you need
to tabulate how much sales you have accumulated.
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Let's say you accumulated $20 sales, then
you look at your Bing Ads for last week how
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much investment have you made to accumulate
this $20. Let's say it's $10, you have made
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$20, so you make a profit of $10. And if let's
say product B, you didn't make any sales,
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your expense is $15, then in that case you
may want to consider to suspend or delete
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the advertisement. So, a common question that
people ask me is, KC, when do you decide to
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delete the campaign? For me, I will decide
to delete the campaign if I lose two times
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the amount of sales that I can make. For example,
if a product can make me $20, most probably
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I will wait until, let's say, I still can't
get any sales after I invest $40 of advertisement
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money, then I will delete the offer. Sometimes
the sales will start to come in after I tweak
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the keywords, after I tweak the advertisements,
so it can be after I have invested more than
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$20, but before I reach two times the commission,
that I start to make money. So that's my personal
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preference, and this may be a guideline for
you as well. So if your product, the commission
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per sale is $18, you may want to put your
threshold at $36 investment. If still under
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$36, you will keep on trying. Only after it
hits $36, you invested more than $36, you
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still haven't received any sales, then at
that point of time, you may want to delete
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the campaign. So I hope this is helpful for
you.
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