Project Wonderful, How I love Thee, Week 3 Stats
(Project Wonderful is a program where you bid on advertising space on people's websites. Visit their website for more info.)
Last week in my stats report on Project Wonderful, I went for the broad approach - to reach as many viewers as possible, with the hopes that out of sheer numbers, I would recieve more traffic. This week I'm reporting on targeted ad campaigns, with a slightly higher but still very low budget. Here are the results.
My budget was $12.50
I ended up spending about $14.00 with the added revenue from my own ad boxes, which you see to the right on my blog.
I ran a total of 6 campaigns with keywords such as "Etsy", "handmade", and "jewelry". The high bid on any one spot was between .03 and .20 cents. I also bid manually on 110 high-traffic, or etsy related sites, with a max bid between .00 and .20 cents.
Results over 6 days (my account balance was depleted Tuesday morning instead of my goal of Wednesday)
234,129 unique page views
441 unique clicks
total cost: $14.03
Comfirmed sales: none.
Compared to last week, I had almost 100,000 more unique page views, but only a fraction of the actual clicks. This was comfirmed through my website tracking as well. I made no sales through the ads that I am aware of, despite putting offers for a free polishing cloth for anyone who mentioned where they found me. The cost was much less, but the clicks and sales were very low.
I think I'll go back to the broader approach, but with a firm budget to stick to. I'll be sure to let you guys know about any new and exciting results I get :)
3 comments:
so it's the broad approach that worked best for you? I've tried it both ways as well.
Yep, broad works best for me. I've tried paying more for advertising on specific handmade/craft sites, but never did see any real results from those.
I haven't seen this concept before... does it really work? (BTW, beautiful jewelry!)
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