PPC Is Dead, Long Live PPV

It’s funny to see the different cycles that affiliate marketers go through when it comes to traffic sources. One thing will be hot for a while, then it’s dead and the next big thing is the only way to make money. As you know I personally love PPV and use it to promote things every day. But whatever happened to that old stalwart of traffic sources, PPC?

I work at an affiliate network, and I know from experience that there are very few affiliates running PPC these days. It’s true that Google hates affiliates, for the most part. They made it extremely hard for people to make money on their platform. There are some people running offers on Google, but certainly a lot less.

Steampunk iMac

This steampunk iMac has nothing to do with PPC or PPV. It's just awesome.

So why am I bringing this up? It may be time to take a second look at PPC (yes the title of this post is sarcastic). I’m not saying to drop PPV, but there is still lots of money to be made on Google and also Bing/Yahoo. These are some of the largest traffic sources in the world. Their sheer volume trumps all the PPV networks put together. It’s going to take more work. You will have to build quality landing pages and deal with the possibility of a Google slap. But for those who persevere, the rewards can be great.

Don’t count the PPC engines out. They aren’t down for the count just yet. While the majority of affiliates have moved on to greener easier pastures, that leaves a lot of inventory out there for the open-minded and experienced affiliate. Go get it.

60% of the Time, It Works Every Time

There’s no such thing as a surefire winner in Affiliate Marketing. That hot campaign that you have making $1,000 a day right now? It won’t last. The vertical that you have been tearing up for the last two years? It won’t last. Markets change. Audiences get wiser. Traffic sources dry up. There are about a million things that could go wrong at any point in time in this industry, and if you don’t have your income diversified, you will get stung sooner or later.

Are You Diversified?

If this is your business strategy, you are in trouble.

Diversification is something that you hear a lot about in the Investing world. Your broker will tell you, “You don’t want to put all of your money in stocks, or in bonds, or in cash alone. You want to have an even mix so you are both protected against loss and also maximizing your gain.”  Truer words were never said for Affiliate Marketing as well.

The absolute worst position to be in is one successful campaign on one traffic source.  That is an empty bank account waiting to happen.  Most affiliates know well enough that they shouldn’t just sit back and be lazy with one campaign, but I know at least some don’t. Avoid this at all costs.

Another thing you need to watch is when you are running multiple campaigns, but they are all on the same traffic source.  At least you are safe if one of your campaigns goes down. But what if the traffic source dries up?  Then you are back to square one.  Many affiliates were really slammed when Facebook tightened up their restrictions, you can learn from that.  Don’t put all your eggs in the Facebook basket, the Google basket, or even the PPV basket.  What if your network suddenly tells you that they aren’t going to accept any PPV traffic anymore on any campaigns?  These are tough questions that you need to be asking yourself on a regular basis if you want to survive in Affiliate Marketing.

The best thing that you can do to protect yourself from a bad situation is to build up an asset that belongs to you completely.  Create a content-based website in a solid niche that’s been around forever, or just that you can get a lot of traffic from a certain demographic and then sell the traffic.  Or you can build an email list.  An email list is an asset that you can take with you and keep promoting to no matter what happens to your offers, your networks, or other traffic sources.

The number one thing to remember here is that when you are buying traffic from someone and then selling it to someone else, you are the most vulnerable link in the chain and you can be replaced or eliminated at any time.  Don’t make the mistake of thinking that you have job security by arbitraging, even for one second.

Ad-Tech SF 2010: I Can Has Traffics?

As I walked through the Exhibit Hall of Moscone Center West for Ad-Tech San Francisco 2010, I got the feeling that I was one of many.  Many affiliates and advertisers that have been scorned by Google and, most recently, Facebook.  Many people that were looking for the next big thing, or even better, the traffic source with killer ROI that nobody knows about.  You probably won’t hear a lot of people blogging or tweeting about what they found, but based on my experience I would say that most people got their money’s worth.  Especially if they knew what they were looking for.

For me, the real value was in the three events that I attended on Tuesday. First was the AffBuzz meetup at ‘Wichcraft, an excellent sandwich shop just a couple blocks from the convention center.  This was a great event because there was nobody sponsoring it, it was just affiliates and bloggers chilling and talking shop over lunch (that we paid for ourselves). I hope Justin decides to continue the meetup at future shows.

The second event was the Meetup202 event put on by Bloosky / Tracking202.  Say what you will about Bloosky and their nefarious schemes to make money off the of 202 users, they do know how to throw a good event.  I’m not just saying that because I walked away with a free iPad either, although it rocks (I’m sure I’ll post about that later).  All of the Meetup202 events I have been to at conferences have been the highlight.  I would travel just to go to the meetup, because the caliber of the people there is second to none.

I got to chat with Jon Shugart, the creator of Keyword Rockstar.  He’s a cool guy, really sharp and excited about his product.  I use it myself and I would definitely recommend checking it out. I’ve been meaning to do a review, maybe I’ll get around to it next month.

Finally, the PPC.bz / EWA Network party was definitely real.  They chose to have it at a full on concert venue instead of the typical tiny club or packed out hotel suite.  I personally liked this approach, as it gave everyone a little bit more room to spread out, mix, and mingle.

There wasn’t really anything spectacular or memorable that stuck out to me about the Exhibit Hall.  However, I did leave with the feeling that this was a good show and that I am going to make more money because of it.  And that’s all these things are really about, right?