I'm targeting a pretty healthy-sized demographic on POF with a dating offer recommended to me by my AM. I know this offer has been hot for at least 3 weeks. When my AM first mentioned it to me he said it had a network wide conversion rate of 12%.
My 1st round results look very different.
Here are my numbers
56 ad copies (2 txts x 28 images)
CPM = .52-.56 (this blew me away, I thought I'd be able to make do by undercutting the recommended CPM, but I guess not. I got like 10 impressions bidding <.52)
Impressions = ~60k over 7 days (Just over 1K/ad)
CTR = .199 (2 of my ad copies are doing >.7% CTR)
so far so good...
Clicks= 119
Conversions = ...2
A far cry from the 12% i heard about.
My AM suggested some tips for my ad copy for the next round of optimization, but here are some questions-
I'm probably going to get flamed here, but hopefully a few of you will recognize that I'm trying to actually hustle here and not just troll forums all day for advice that I'll never use.
Thanks in advance for your input.
My 1st round results look very different.
Here are my numbers
56 ad copies (2 txts x 28 images)
CPM = .52-.56 (this blew me away, I thought I'd be able to make do by undercutting the recommended CPM, but I guess not. I got like 10 impressions bidding <.52)
Impressions = ~60k over 7 days (Just over 1K/ad)
CTR = .199 (2 of my ad copies are doing >.7% CTR)
so far so good...
Clicks= 119
Conversions = ...2
A far cry from the 12% i heard about.
My AM suggested some tips for my ad copy for the next round of optimization, but here are some questions-
- Should I be optimizing around CTR or CVR? One of my 2 conversions came from my highest CTR ad, and 1 came from a low CTR one - nothing to conclude there. However, if I prune ads based on CTR, i have some clear winners. 8/1080 beats 2/1080 by a 97% confidence interval?
- I'm on a modest testing budget, how do you recommend I proceed into my next stage of testing? Collect more data from my pruned ads until I can whittle it to about 10 and then test different ad copies?
- Should I keep trying to run this offer? AM says they may have started scrubbing? Cut my losses & move on to different offer?
I'm probably going to get flamed here, but hopefully a few of you will recognize that I'm trying to actually hustle here and not just troll forums all day for advice that I'll never use.
Thanks in advance for your input.