So, time for another update!
Things have, all told, not been going well in the last week. Since I've been using P202 tracking on everything, I decided to look through all my search campaign data and dig out negative keywords, as well as go through all my content data (only one day, but that one day had >800k impressions) and fish out bad websites (looking for low CTRs, since I only had 1 sale from content and thus had no sale data to go on.) Doing this cut down my daily spend quite a bit... actually it's down a bit too much.
Just using MSN, I at this point have a daily spend set at $150, but AdCenter only manages to spend about $20 of it. I think that while unlike Google, AdCenter doesn't tell you a quality score, it still has one behind the scenes, and mine sucks. My CPC isn't visibly going up, but my number of impressions keeps going down, which implies to me that my bids are no longer sufficient for those keywords (i.e. my CPC is going up and it's just not telling me.)
I also tried split testing several other ads, and overall, I think my ad is reasonably good. I get an average CTR of 2.5% campaign-wide, and 5-10% in some adgroups -- for the groups that get clicks at all (most of them are now at 0 impressions.) Every other ad I've tested against it got lower CTRs. (I realize that what's important is not CTR but rather conversions, but given that AdCenter doesn't seem inclined to let me spend much, I don't have the data to be statistically significant for sales.)
While my landing page changes did get me a landing-page-to-offer CTR of >20%, I was still stuck in the situation where using a landing page actually lowered profit relative to direct linking, so I tried direct linking for a couple of days. I think this may have shot my invisible MSN "quality score."
I think that my landing page has too much information on it. I've realized that I'm subconsciously trying to sell things to people like myself. I am a geek; if I were going to take a nutritional supplement, I would want to know things about it. I shop online mainly for information-rich goods (e.g. books, software, electronics) where more information is better in a store experience. Thus, my landing page, while colorful, professional-looking, and with a clickthrough to the offer above the fold, has quite a lot of research, stats, etc., and links to more of the same.
In retrospect, I don't think this is right for promoting ResV offers, or any other health/supplement offer. My customers, fundamentally, are people who want to pop a magic pill to lose weight and have wrinkle-free skin while they eat like pigs and go to the tanning salon. That is, they are the willfully ignorant -- some part of them has to know that magic pills will not solve all their problems (nobody's that stupid), but since the alternative is taking responsibility and doing something about their health, they're looking for someone to offer them the quick, easy fix. It's useless to try to sell resveratrol supplements to someone like me -- no sales pitch will convince me, and even if it did, I'd comparison shop and not buy a rebill from shady.com. I need to make a landing page to sell resveratrol pills to dumb people.
Which isn't to say my landing page doesn't have its share of bombastic hype -- it does. But I think the presence of statistics and research that doesn't come from fucking 60 Minutes and Dr. Oz may actually turn people off from buying, or at the very least make them dawdle on the page instead of clicking through to the offer.
Overall, my profit margin is up, but my absolute profit is still around zero (at least, too low to be worthwhile) and # of impressions is declining every day.
My plans now:
1.) Create another new landing page. It's funny how my web-browsing experience has changed since I started IM - I actually read and click on ads now, especially ads I see a lot (i.e. the ones I would have been most likely to ignore before.) I recently saw a landing page style that I'd never seen before and thought was brilliant, and I'm going to try imitating that -- it was for make money online stuff, not health offers, so I'll have to change all the text and graphics, but the basic style and approach should still work and should be decent for QS, too. Besides, it can hardly be worse than my current one seems to be.
2.) Prop everything up as a new campaign with a new domain name. I think my current campaign & domain may be "contaminated" due to low CTRs on my original ads, plus my experiments with content network & direct linking. I'm sure I could get its quality back up with enough time and money, but frankly the domain name I chose is better suited for information-rich sites like I have now, and I don't think that's the way to go anyway. Domains are cheap.
3.) Set up international redirects; even though my ads are US/Canada only, a good 10% of my clicks to offer from the LP are getting redirected by my affiliate network to international ubershit offers (e.g. Webfetti), and maybe I could capture a few of them by sending them to international ResV offers.
4.) Once I've done 1-3, try bidding higher on one adgroup at a time, going for high (1st-3rd) placement. I can't afford to do that campaign-wide, but it would be nice to get data about some adgroups to know if any are worth cutting altogether.
5.) Try out PPC Bully 2 when it releases, assuming the price isn't exorbitant. There's the possibility that my keyword research just isn't very good, and some competitive-analysis-based verification of this could be nice. I'm not much of a tool buyer -- I've developed everything I use myself without buying anything so far -- but it looks like this could be worth a try.
I'm also going to try doing a campaign for a cheap lead-generation offer (something with a $2-4 payout) like I think I should have done to begin with. However, I've put enough work into this one, and it's not losing much money (my total losses for the last two weeks are only around $100), so I'm going to try to keep at it, too. I may not be making money, but I'm learning things.