Boost MyLikes Earnings Case Study, How I Boosted MyLikes Earnings
Hi dear visitors, it had been a while I could not post here anything due to my busy life routine. Sorry for staying away. Now I am back. I know there are a big number of followers who are using MyLikes, SkyLikes, iLyke affiliate networks to earn money from Facebook, Twitter and other social networks and they want to seek exact guidance to boost their Earnings. This is basically Boost MyLikes Earnings Case Study but you can apply it to any other network too. From scratch i am explaining here this tactic i am using for myself to Boost MyLikes Earnings. First of all for all those who are unaware of MyLikes, SkyLikes, iLyke etc. and want to know what these are? In short these are the affiliate (CPC) networks that provide you content upon signing up on their websites, you just need to share their content on Social Networks etc. To learn the term CPC, you can read our old blog post “Top 8 CPM Ad Networks“. Upon getting about 1000 or 1K USA Clicks, MyLikes, SkyLikes, iLyke etc. pays you about 12-15$ etc. depending on their criteria. For other countries, they will stay pay you but payment for each country per 1000 clicks varies. You can get that information from their website.
People at Facebook are using their Facebook Pages to share the content to get visitors or clicks on them in order to earn some livelihood. Nowadays, about all social networks supports Advertising through which you can advertise or promote your content to the world. I have experience of running Ads on different social networks like Facebook, Twitter, LinkedIn, Google Adwords etc. But till today, Facebook ads are the cheapest way i have found to boost your content to more audience based on Geographical Targeting. This is a guide for all those people who want to boost their MyLikes Earnings. This guide not only applies to just MyLikes but to every CPC paying affiliate network like SkyLikes, iLyke etc.
I will explain you each and every step in detail here. So take a long breath and start reading now carefully. I am explaining you for Facebook, but you can use this to maximize ROI on any affiliate network.
Disclaimer: I don’t take any responsibility for any your financial loss etc. due to your wrong or unsuccessful attempts since this is a game of luck entirely, but you can optimize it really by following this guide.
Boost MyLikes Earnings:
You need to follow these steps.
1) Boost Your affiliate link Post on Facebook
2) Find out the link having the highest CTR
3) Carefully analyze the results
Boost your affiliate link Post on Facebook
First step in this is to boost or promote your link on your page via Facebook Ads. But you should be careful in choosing the links, because entire game depends on your selection. Try selecting the more generic link in order to target more audience. I will recommend you to choose such links that are suitable for all Audience not for some specific audience range. Don’t choose such links which target only a specific audience like “Best Selling Food items in Korea” etc. because such links will only target a specific audience. So I would recommend you to be generic. In selecting links, avoid selecting those links which leads to a specific audience. So choose Generic links in order to maximize their exposure to more audience.
Find out the link having the highest CTR
Before advertising the link, I will suggest you to use Goo.gl or Bitly for shortening that link, because their Click insights are more accurate than Facebook Insights, I myself is using Goo.gl for shortening my MyLikes links. Now after you have advertise the shortened MyLikes link on Facebook, you need to find out the link having highest CTR. But before advertising. Be careful not to use the Boost option beneath your post (Since that will not bring more audience engagement, that’s best suitable in order to bring paid but along with organic reach). The best way to boost your posts is go to Ads Manager, Click Boost Your Posts and then select ”Optimize for Page Post Engagement”. Many people are asking me for how much amount they should boost the MyLikes links, so the recommended answer for them is minimum 10$ at least daily and then monitor the results. You can try any amount, I did experiment with different amounts but with 10$ and greater than 10$ all worked fine for me. Below I will show you my case study of boosting with 100$ daily. For audience, you need to select the United States mainly. However you can also select United Kingdom, Canada etc. if you are willing, but remember the earnings for United State Clicks are higher than other countries. Now after the ad, you need to find out the link having highest CTR (Click through Rate). You can calculate that by using simple formula.
CTR = No. of USA or any your targeted country clicks on Goo.gl or Bitly / Paid (Not Organic) Reach of your Post on Facebook * 100
Let’s suppose you see you got 87 clicks on your ad with paid reach of 1200 people. Then your CTR will be:
87 *100 / 1200 = 7.25% which is really low. Here 7.25% means that out of each 100 people who saw you ad, 7 people clicked on your Ad. For MyLikes, you need CTR higher than 15% (means out of each 100 people who see your ad, about 15 or more people should click on your Ad).
You can see the paid reach in the Ads Manager in your respective ad or adsets. In the start your CTR will be low, For MyLikes above 15% all are beneficial for you. You need to wait at least about minimum 4-5 days. I will recommend about 6-7 days to get you ad’s CTR mature with daily minimum 10$ invested on that Ad. You can test the same strategy on different links and can find the link having the highest CTR. You don’t need to touch Interests, Age etc. while creating your ad (allowed only where your link is really viral and have some custom audience only), because they will narrow your audience. When you find the link having highest CTR normally above 15%, you can invest your more money on its advertising to get more visitors to get paid more on MyLikes. Here is screenshot of my Ad on one link.
I am boosting it for 100$ / day. My reach on this post is 445928. Now to calculate my CTR on this post, I need to know exact no. of clicks. You can see Post Engagements (93873) in my ad Insights too, but I will not use this post engagements as a count for my clicks, since my targeted audience is USA only, I am using the Goo.gl url Shortening service to count the clicks. In my Goo.gl details,I found 88,493 Clicks on my this link. So am using my clicks to calculate my CTR = 88493 / 445928. So my CTR is 19.87% which is pretty much fare for me since it is above 15%. So I can continue to invest on my link and can earn more money by investing on it since it is more beneficial for me. I got $673.21 on my investment of $290 and still earning more on this link. You can also use the same strategy but it needs accurate calculations from you. You need to test different links in order to find out the link returning highest CTR so that you can invest more.
You can see the table below, I am taking these matrices to keep my insights. I hope so you all are now familiar with the Clicks, Paid Reach, CTR, Amount Spended So Far, CPC Invested, Amount Earned So Far, CPC Earned, Profit, Profitable or not (I am using this to subtract CPC Invested from CPC Earned to keep an eye I am going in profit or not. Any positive value in this column means I am definitely going in profit since I m earning more CPC on my Invested CPC. ) Net profit column, I am calculating I am calculating it by dividing total profit with Total Spent * 100. 132.07% means here over my each 100$ Investment, I am getting $132.07 profit.
Many people are asking me question how much is my page size. So for all of you, my page size is 391k having about 40K USA fans. Also remember one thing, after achieving CTR above 15%, do take care of the second most important thing, the Cost of Invested VS Cost of Earned Clicks. If you will not take care of the 2nd factor, you can still suffer and waste your money.
So, this was my case study to Boost MyLikes Earnings. Also if you need my excel file as template comment here your email, i will send you and if you have any questions to ask, feel free to ask here. If you found it helpful, do git it a share just. In some days, I am also going to make a Video Tutorial explaining this whole case study too. Hope to see you soon at my first video tutorial