Archive for the ‘Google Cash Detective’ Category

Google Cash Detective Day 7—So How Do you Find a Profitable Product to Promote?

March 17th 2009

Ok, it’s getting really depressing to log into my Clickbank account and see 0 sales for everyday.

Although I did figure out a little of why yesterday I had 13,509 impressions and no sales: I had the content network turned on!

I really wish Google would make No content network be the default.


So I went back to the drawing board on keywords (after turning off the content network of course). I came up with more keywords and I also found that the product I’m promoting has multiple landing pages. So I created a new adgroup whose keywords are tailored for a more specific landing page.

Results?

From my new, more specific adgroup, I have:
90 impressions
9 clicks

Do I dare?…logging into my Clickbank account shows me:
0 sales

Well, that’s only with 9 clicks and cost me $5.55. Too early to throw in the towel on that one. I keep hearing from various forums that you need at least 20 or 30 of anything to be considered a valid attempt, so I’ll wait until I get more clicks.

By the way, the forum is still down.

Posted by susb8383 under Google Cash Detective | No Comments »

Google Cash Detective Day 8—
Tweaking my One Sale

March 17th 2009

I decided to try to salvage the one campaign that got me a sale. It was only 1 sale for $16.00 after spending $25.00 on ads, but still it’s the only sale I have.

So I ran Google’s Search Query Performance report. This report shows you which keywords were searched on for people that clicked on your ad.

If all you are using is the exact match, you already know this

1 click for the keyword [widgets] tells you the person searched for widgets.

But if you’re using phrase or broad match, you need this report to tell you.

Google’s user interface will show
1 click for keyword “red widget”

but the search query performance report will show you that the person searched for “what red widget would my dog like?”

So I ran this report for the only campaign I got a sale for so far. And I’m in the process of tweaking my keywords based on the report; adding more keywords I didn’t think of before and also adding negative keywords to get rid of searchers that will never buy (like people who search for "free widgets.").

Oh, did I mention that the Google Cash Detective forum is still down?
I’m beginning to think that they took it down intentionally so that all the negative posts wouldn’t be visible to people while they evaluate the product.

Also when I tried to get into the Detective before, I got the same problem that happened before where it boots me out every time I do a search.

This tool is really going to have to cause something amazing to happen in the next few days to make me not ask for a refund as soon as day 29 hits.

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Google Cash Detective Day 6—
Still Trying to Find a Profitable Product

March 16th 2009

Ok, now I’m getting serious. I’ve kind of dabbled with the tool to try to find a profitable product. Now I’m going to follow Chris Carpenter’s instructions to the letter.

  • Long List of Possible Products
    First make a list of 10 – 20 products that have a gravity of 100+ (Clickbank’s rating) and a Profitability Index of 2,000+ (Google Cash Detective rating).

    This took me a couple of hours and was very tedious. I ended up with a list of about 20 possible Clickbank products that all had a gravity rating > 100.

    Then I started using the Google Cash Detective to find existing campaigns that had a high profitability index.

    This proved harder than I thought. The first thing I discovered (not through the tool; I’m not sure how I stumbled upon it) is that starting April 9 of this year, Clickbank is no longer going to carry vendors that have downloadable products they consider to be in violation of copyright laws (P2P products).

    Well, that just knocks out a bunch of stuff on my list. I had downloadable movies, music, and wii games.

    Then when I started trying to find existing campaigns using the tool, I only found a few that had a high profitability index.

    Oh, wait a section. Actually I’m supposed to start with 10 – 20 products that have a high PI and a high gravity rating. And after hours of research, I only have four.

    This is much harder than it looks.

    I can also see from the Cash Detective’s spying that there are other people that have bought the Detective who are already setting up campaigns for my products.

    So I skipped the next step of evaluating the landing page. I figure if it has a high profitability index, it means people are making money with it. And therefore it must have a good converting landing page.

    So I set up an Adwords campaign for one of these products, using just four keywords. I could see by the GCD that those keywords are profitable for someone else. I can also see the text of his ad, so I cloned it.

    Now, logically, I should be able to make some money with this if someone else is. After all, it looked so easy when Chris did the same thing on his training video, right?

    So here are my stats. I let it run overnight. Now it is 3:01 pm. According to Google Adwords, I have had:
    impressions: 13,509
    clicks: 47 (whoo hoo!)
    cost: $31.47
    ctr: .35%

    Ok, it’s a start!

    Eagerly logging into my Clickbank account, I could see:
    Sales: 0

    Oh, c’mon! Not a single sale???

    But, but, but…that OTHER guy is making money! Same ad text, same keyword.

    What gives? This is obviously harder than it looks. Not sure what to try next.

    Posted by susb8383 under Google Cash Detective | No Comments »

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