Quote:
Originally Posted by indianman
Did you win the Physics Olympiad once?
1,000,000 * 0.1/100 * 4/100 * $20 = $800
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Only because I am diligent. Anyone can do even better. Also I learn math the right way. When my employee ask, how the hell I still remember how to compute probability of having 4 six in 10 dice draw, I told him the truth. You must not remember anything in Math. All are common sense.
Now let me try to understand the above complicated calculation.
Each offer pays $20. So we got $20/lead. However, conversion is 4%. So we got $20/lead * 4 lead/100 click and after crossing things out you got let's see, I got to summon my calc, 80 cents/click. That's our EPC. Wow. I am learning something. Thanks a lot.
Then there is 1 million impression. How did you get the .1/100 again? It must be the CTR but where is it mentioned that the CTR is .1/100? That's what I was missing.