The more credit you get compared to what you actually spend in cash, the higher your conversion rate.
Media buys and getting traffic on credit
- Thread starter lemon116
- Start date
^^This
On the strong chance the OP gets a negative ROI on his first few buys, let's assume a conservative -25%. Leveraged 10:1, you've spent $100K in credit and generated $75K in revenue. Where's the other $25K going to come from when the creditors come a'knockin?
Good luck bro.
networks usually don't start extending credit until you spend some money,
When you fax them your bank account with 10k in there. They will laugh at you.
When you fax them your bank account with 10k in there. They will laugh at you.
Yeah because this question is the same as, 'is affiliate marketing for real!?!'
wow dude. are you serious?
If I had 10K in my bank account and if that's all what I had, I think about spending maybe 500, 1K or 2K at max. I don't go around asking companies to let me run 100K$ worth of traffic. That's pretty risky man.
If shit hits the fan - like unexpected surge/quality of traffic, or server went down or link broken or non payment from network or anything (you know there's so many ways shit could hit the fan), you'd be done.
You goal is to make money and to keep risk low as possible - and both things (making money and low risk) are equally important, so don't compromise one over another.
If I had 10K in my bank account and if that's all what I had, I think about spending maybe 500, 1K or 2K at max. I don't go around asking companies to let me run 100K$ worth of traffic. That's pretty risky man.
If shit hits the fan - like unexpected surge/quality of traffic, or server went down or link broken or non payment from network or anything (you know there's so many ways shit could hit the fan), you'd be done.
You goal is to make money and to keep risk low as possible - and both things (making money and low risk) are equally important, so don't compromise one over another.
How do you get people to give you credit?
A. Have a silver tongue and dupe them into believing you've been doing media buys for years. ( I don't condone this )
B. Run smaller campaigns showing them success and consistent payment. We had to prepay all our buys when we started. NO ONE would give us credit. We were a company in business for a short time with no credit history. After running campaigns with media partners over time they slowly will extend you credit.
Would you, loan you, a bunch of money at this point?
A. Have a silver tongue and dupe them into believing you've been doing media buys for years. ( I don't condone this )
B. Run smaller campaigns showing them success and consistent payment. We had to prepay all our buys when we started. NO ONE would give us credit. We were a company in business for a short time with no credit history. After running campaigns with media partners over time they slowly will extend you credit.
Would you, loan you, a bunch of money at this point?
Not aimed at anyone,
I dont have $10k and I aint asking for $100k in credit. You dont know the full story (obviously). I just threw out a really general idea to get some feedback and then apply this advice to my case, which you have no clue about. No you dont.
Now keep posting and stop fucking around.
I dont have $10k and I aint asking for $100k in credit. You dont know the full story (obviously). I just threw out a really general idea to get some feedback and then apply this advice to my case, which you have no clue about. No you dont.
Now keep posting and stop fucking around.
I would love to hear your first call to an ad network to try and set up a buy..
"Hi I'm calling from Israel. You don't know me and I've never done a buy with you before, can you loan me $10,000 to run some traffic on your great network?"
You won't get credit unless you luck out. Especially not as a foreigner.
Establish your credibility, keep in touch and get to know your rep and over time more often than not you'll end up on terms. (or they will not kill your campaign when you're overdue, giving you some leeway).
Establish your credibility, keep in touch and get to know your rep and over time more often than not you'll end up on terms. (or they will not kill your campaign when you're overdue, giving you some leeway).
Of course i'm a homo, although i prefer the term gay, afterall this is a gay webmaster forum. So wanna cyber? I don't mind it rough although no double penetration or deep throat please sweety. :love-smiley-083: